Parashift Insights

Intelligent Document Processing (IDP) transforms the banking sector and defies cloud concerns

The financial sector is highly regulated and it is imperative that regulations are adhered to. Otherwise, there is a risk of high fines and reputational damage. For a long time, this risk deterred banks and financial service providers from implementing...

November 21, 2023

Press release

Parashift featured among the Top IDP vendors in the HFS Horizons Report – Intelligent Document Processing Products 2023

Sissach, 13.11.23 – Parashift, a provider of machine learning-based document classification and data extraction software, has been listed in the HFS Horizons – Intelligent Document Processing Products 2023 report. This recognition underlines Parashift’s commitment to excellence and innovation, and demonstrates...

November 14, 2023

Accounting & Business Services

Automate the processing of Identity Cards (ID)

Whether you are a financial services provider, insurer or healthcare provider, the capture and processing of data from ID documents is a small but crucial part of important business processes. And this is exactly why efficient handling is essential. However,...

November 9, 2023

Press release

Faigle becomes a Parashift business partner

Sissach – 07.11.23 Parashift, a provider of machine learning-based document classification and data extraction software, announces a partnership with Faigle. Faigle, a specialist in digital business transformation, has chosen to work with Parashift to address the challenges of Intelligent Document...

November 7, 2023

Finance & Insurance

Parashift automatically processes all insurance documents; the case of insurance policies

The fact that documents are an integral part of daily business processes is by no means new. However, for insurance companies, this has taken on a completely different dimension. Document-heavy use cases with unstructured documents are the rule rather than...

October 31, 2023

Accounting & Business Services

Solve the processing of work contracts with AI

Employment contracts form the foundation of an employment relationship and contain important information about the employee as well as the rights and obligations of employer and employee. However, capturing this information is a tedious process for HR departments in companies....

October 24, 2023

Real Estate

How Parashift uses AI to automatically classify Object Photos in building descriptions

Whether for real estate companies or for banks and financial service providers, the building description is an important document in both sectors. Often, it is accompanied by photos of the rooms. To enable end-to-end automation, the comprehensive processing of building...

October 18, 2023

Accounting & Business Services

Process bank statements effortlessly with AI

Bank statements play an important role for various business processes. The automated classification of this document and the automatic extraction of data from it is essential for the workflow of various financial processes. However, the variation and complexity of line...

October 10, 2023

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Intelligent Document Processing (IDP) transforms the banking sector and defies cloud concerns

Parashift featured among the Top IDP vendors in the HFS Horizons Report – Intelligent Document Processing Products 2023

Automate the processing of Identity Cards (ID)

Faigle becomes a Parashift business partner

Parashift automatically processes all insurance documents; the case of insurance policies

Solve the processing of work contracts with AI

How Parashift uses AI to automatically classify Object Photos in building descriptions

Process bank statements effortlessly with AI

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