-Accounting & Business ServicesHow to optimize your Procure to Pay process with cloud OCRIn this blog article, I want to provide an overview of what Parashift stands for as a company, what its document extraction solution capabilities are, and how it can be integrated. Last but not least, I will also go into... May 25, 2020Read more
-GeneralThe evolution of document captureCountless documents such as orders, delivery notes and invoices are issued on a daily basis. These documents must then be captured in corporate IT systems in some way. Nowadays, technological developments have led to efficient methods of passing these documents... May 19, 2020Read more
-Accounting & Business ServicesThe new docuvita.ocr module: Using AI to combat cost pressure in document processesThe companies Froschhäuser IT and Sartissohn have jointly developed an OCR software module for the docuvita document management system (DMS). The module is based on the machine learning technologies from Parashift, which offer end customers a solution for automated classification and data extraction of incoming invoices... May 13, 2020Read more
-Accounting & Business ServicesImproved customer experience at Consultinghouse through fully validated invoice dataConsultinghouse has specialized in supporting international companies to successfully enter the German market. The services offered cover a large part of the entire business lifecycle. This means, from the market entry strategy to the establishment of the business and operational support... April 6, 2020Read more
-CompanyStandard document types and the Parashift Learning NetworkUsing technology to extract important data from documents is nothing new. On the contrary. For several decades now, various technological approaches have been used for exactly this purpose. But what all these different approaches had in common until relatively recently... March 12, 2020Read more
-GeneralThe advantages of standardized REST APIsBefore we go into detail about the REST API, also called Application Programming Interface, here an exemplary attempt to explain why APIs, in general, are so practical: Since APIs work according to the principle of “Plug and Play”, the comparison... March 5, 2020Read more
-Finance & InsuranceThe potential of intelligent document extraction for the leasing industryThe leasing of a wide range of assets, both for private individuals and companies, is becoming increasingly popular due to its many advantages. However, increasing competition and the rising costs for administrative processes and compliance result in more meaningful pressure... February 21, 2020Read more
-GeneralTemplate-based OCR versus machine learning-based OCRSince computers have become established and documents have gradually become more and more needed in digital form, the way in which they can be converted has changed a lot. Fortunately… I say fortunately because the work of document capture per... February 14, 2020Read more
-GeneralCloud versus On-Premise – Part 2In the last blog post, we briefly covered the evolutionary history and the main advantages and disadvantages of cloud and on-premise solutions in general. In this part of the blog article series, we will now become more specific and take a closer... February 4, 2020Read more
-GeneralCloud versus On-Premise – Part 1The decision between a Software-as-a-Service (SaaS) or in-house respectively on-premise solution is a crucial aspect of any IT strategy. This is particularly important for large enterprises looking for competitive advantages in a highly competitive market.At the beginning of the cloud... January 26, 2020Read more