Absolutely! The Parashift Platform is designed to manage all business documents, even specific business documents with ease. Here’s how it handles them effectively:
Find over 400 Document Types ready on the Parashift Platform
Parashift comes equipped with over 400 pre-configured document types. This includes a wide array of standard documents commonly used across various industries, such as:
- Invoices
- Purchase orders
- Receipts
- Delivery notes
- Insurance forms
- Tax declarations
These ready-to-use templates ensure that companies can quickly automate the processing of everyday documents, streamlining operations and boosting efficiency.
Custom Document Types for unique needs
For businesses that deal with specialized or uncommon documents, Parashift offers robust customization options. If you need to process documents that don’t fit the standard templates, you can easily create and train Parashift to handle these specific document types.
- Training the Platform: You can teach Parashift to recognize and extract data from your unique documents by defining specific patterns, fields, and formats.
- Continuous Improvement: As Parashift processes more of your custom documents, it learns and improves its accuracy, adapting to your evolving needs.
Shared learning for enhanced efficiency
Parashift Platform is designed to handle ever-changing document layouts and formats, and its shared learning capability is a key part of its effectiveness. Here’s how it works:
- Standard Document Types: Parashift provides a range of standard document types that all customers can use. When you use these pre-configured templates and train them, the improvements made are shared across the platform.
- Collective Enhancement: Training on a specific document type, such as a unique form or report, is not only beneficial for your organization but also enhances the platform’s performance for all users. As customers work with these document types, the system’s accuracy improves for everyone thanks to our technology Document Swarm Learning®.
Versatility in Document Processing
Parashift Platform is designed to handle a variety of document formats, including:
- Structured
- Semi-structured
- Unstructured
Whether your documents are digital or scanned, Parashift can manage them, ensuring that you can automate the extraction of data from any type of paperwork your business handles.
Conclusion
Parashift is fully equipped to process not just standard invoices (which is the most common) but also unique and specific business documents. With over 400 pre-built document types and the ability to create custom configurations, the platform provides a flexible and scalable solution for all your document processing needs. Its shared learning model means that improvements benefit the entire user community, while its adaptability ensures that no document type is too unique to be managed effectively. Whether you’re dealing with routine invoices or specialized paperwork, Parashift has you covered.
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