Parashift Insights

Overwhelmed by the challenges of document processing, Enterprises turn to IDP solutions for greater efficiency

Introduction Within the vast, intricate realm of enterprise operations, the inefficiency of document processing emerges as a formidable challenge. This issue, seemingly mundane, significantly impacts productivity, operational costs, and data integrity. Intelligent Document Processing (IDP) solutions stand as a beacon...

March 5, 2024

ISVs Software Vendors

OCR make or buy? The strategic advantage of acquiring an advanced AI OCR solution

In the dynamic realm of the software industry, the dilemma of developing in-house solutions versus acquiring external technologies often arises, particularly in the context of Optical Character Recognition (OCR). This technology, crucial for transforming diverse document formats into accessible and...

February 29, 2024

Partners Press release

redIT becomes a Parashift business partner and expands Microsoft 365 ecosystem with advanced IDP integration

Sissach – 13.02.24  – Parashift, a provider of machine learning-based document classification and data extraction software, announces a partnership with redIT, known for its innovative IT solutions provided in German-speaking Switzerland. This collaboration is set to address the challenges of...

February 27, 2024

Finance & Insurance

Parashift IDP Platform meets the security and compliance requirements of banks and insurance companies

In the complex ecosystem of the financial services industry (FSI), characterised by stringent security and compliance requirements, the need for robust and reliable digital document processing solutions is crucial. Parashift IDP Platform is a tailor-made solution, perfectly aligned with the...

February 20, 2024

IDP Podcast

IDP Podcast – Episode #25 – Thomas Kohler, CEO of Enio

Embark on an enlightening journey with the pioneers of Intelligent Document Processing (IDP) in the world’s first-ever IDP Podcast! 🚀 Immerse yourself in the groundbreaking world of Intelligent Document Processing (IDP) with Thilo Rossa, the Head of Product at Parashift,...

February 15, 2024

Partner

IT System Integrators boost capabilities and customer base with IDP, targeting Global Business Services (GBS)

Introduction In 2024, a key trend is emerging among the IT System Integrators: the adoption of Intelligent Document Processing (IDP) to improve document management services. Demand for this type of technology is growing, especially among large organisations that have adopted...

February 13, 2024

Mailroom automation

Automatically sort and read your entire mailroom digitally thanks to IDP

Mailroom processing: what are the biggest challenges? For every company, the mailroom is a critical operational hub facing unique challenges: Intelligent document processing (IDP): a boon for mailroom automation Parashift IDP Platform automatically sorts and reads the entire mailroom digitally...

February 6, 2024

Finance & Insurance

Document processing in the FSI sector: Real-world applications of Parashift’s AI technology

The average bank processes thousands of documents every day. The same is true for insurance companies. The workload involved in processing these documents is enormous, and the sensitive data they contain makes it a highly responsible task. Too many of...

January 30, 2024

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