If you’re looking to optimize your document processing, Parashift is the solution that delivers results. Here are 10 compelling reasons why businesses around the world are choosing Parashift for their Intelligent Document Processing (IDP) needs:
1. AI-driven, Cloud-first infrastructure
Parashift combines powerful AI capabilities with the flexibility of a cloud-native platform. This cloud-first approach allows for seamless scaling, automatic updates, and state-of-the-art security. Parashift’s cloud model means you’re always working with the latest features, ensuring you remain competitive and efficient without manual software updates. With Parashift, you benefit from real-time improvements as the AI learns and enhances performance over time, delivering ongoing optimizations to document processing.
Read more in details the top 5 reasons why Parashift is a cloud-first service.
2. No more template headaches
Parashift eliminates the need for static templates by leveraging advanced AI to understand document structures dynamically. This means your solution adapts to any layout—whether it’s an invoice, contract, or custom form—without constant reconfiguration. One client, a large insurance company, reduced document processing time from 5 days to 2 days by moving from rigid templates to Parashift’s adaptive AI, freeing up resources and reducing errors in document handling.
3. Versatility in document types
Parashift is equipped to handle a wide range of document types—both pre-configured and custom-made for your specific needs. This versatility allows you to automate the processing of various documents, regardless of format or complexity, without needing to invest in additional tools or technologies. Whether you’re processing invoices, contracts, or customer forms, Parashift offers a solution that scales with your document workflows.
Learn more about how Parashift is able to do so.
4. Multilingual IDP capabilities to support global business
If your business operates across different regions, Parashift’s multilingual capabilities are invaluable. It supports a wide array of languages, including Latin-based languages such as English, French, and Spanish, as well as complex scripts like Chinese. This feature enables you to handle documents from around the world with ease, allowing you to expand your operations globally without worrying about language barriers.
5. No on-premise IDP implementation
Parashift’s AI-first, cloud-native architecture ensures that your document processing solution is future-proof. You don’t need on-premise installations or additional infrastructure; everything runs in the cloud, allowing you to scale as needed while receiving real-time updates and ongoing feature improvements. This cloud-only model means Parashift is always evolving, offering the latest advancements in AI and document processing without any effort on your part.
6. Comprehensive security and compliance
Security is a top priority for Parashift, which adheres to industry standards and certifications such as ISO 27001 and GDPR compliance. Parashift is the go-to IDP solution for highly regulated industries like banking, insurance, and healthcare, ensuring data privacy and regulatory compliance. With extensive encryption protocols and secure data handling, clients like AXA and Raiffeisen trust Parashift to process sensitive information safely and transparently.
Read more about Parashift InfoSec and Compliance.
7. Fast and easy IDP integration
One of the key benefits of Parashift is its ease of integration. The platform integrates smoothly with your existing systems, with the RESP API requiring only a few hours for setup. Onboarding is quick and efficient, typically taking 1-4 weeks depending on your specific needs. This means you can get started right away without disrupting your business operations, ensuring minimal downtime and faster returns on your investment.
Read more about how you can implement Parashift into your systems.
8. Trusted by over 400 companies
Parashift is already helping over 400 companies from diverse industries automate their document processing. From financial institutions to healthcare providers, Parashift has a proven track record of successfully scaling with businesses from medium to large sizes. This extensive customer base underscores Parashift’s versatility and reliability as a go-to IDP solution that can handle various document processing challenges.
Check our latest customer’ Success Story.
9. Handles sensitive data with care
With a client base in regulated industries, Parashift meets stringent security and compliance requirements. Companies such as well-known banks and Insurances rely on Parashift to securely handle confidential data and meet regulatory obligations like GDPR and ISO certifications. This makes Parashift a trusted solution for handling sensitive data with care, enabling businesses to focus on growth rather than compliance worries.
10. Exceptional customer support
What truly sets Parashift apart is its dedicated, highly responsive team. You’ll always have someone to turn to, whether you need help with setup, integration, or troubleshooting. The Parashift team is known for being proactive, providing fast and helpful responses to any queries you have. Their expertise and support ensure that your experience with Parashift is smooth and that you have everything you need to make the most of the platform.
Bonus: Learn quickly with Parashift’s YouTube channel and our well documented knowledge base
Parashift is committed to helping you maximize value from day one. With a YouTube channel featuring easy-to-follow tutorials, led by Chief Product Officer Thilo, you’ll find everything you need to understand and optimize the platform’s features. The extensive knowledge base and training videos simplify onboarding and empower your team to use Parashift effectively, ensuring a smooth transition to automated document processing.
Check the Youtube channel.
Check our Knowledge base.
To sum up
In the competitive field of Intelligent Document Processing, Parashift’s blend of cutting-edge technology, global scalability, and top-tier security makes it a leader. Compared to traditional IDP providers, Parashift’s AI-first approach minimizes reliance on templates, reducing manual setup and enabling it to handle a broader range of documents out-of-the-box. While some IDP solutions require on-premise infrastructure and extensive customization, Parashift’s cloud-native platform is ready to use without additional investment.
Discover how Parashift can make a difference for your business today. Request a demo and see firsthand how Parashift can simplify and accelerate your operations.
