Save up to 90% of manual effort with AI based Accounts Payable Software in the cloud

Invoice automation without configuring rules or templates. Use the world’s most accurate and versatile Invoice OCR API.

Accounts Payable invoice automation for SAP, Oracle Netsuite, Micorosft Dynamics, Sage and many more.
Can also be easily integrated into your software via API
Configure new fields and specific requirements yourself easily with the no-code platform.

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Reduce costs

Parashift’s invoice processing automation uses AI to read invoices and reduce effort by up to 90%.

Minimize turnaround time

Invoice Data Capture can reduce the turnaround time of incoming invoice processing by up to 90%.

Reduce errors

By combining both machine and human labor, invoice processing errors are reduced.

And delivery bills?

a Parashift recognizes a wide range of document types, automated invoice processing can be optimized.

The first Accounts Payable Software platform that continuously learns from all processed invoices

Highest recognition rates for completely unknown invoices
Continually improves through incoming invoice processing of all customers
More training data generates an ever improving processing OCR

No templates, no training

OCR text recognition in all invoices, no templates.

Classify documents

Automatically distinguish invoices, order confirmations, delivery bills and 400 other document types.

Intelligent page separation

Separate invoice batches through the platform with AI.

Continuously feed back learning data

Include learning data from your ERP into the models.

Intelligent control of the validation process

Parashift detects whether a document needs to be validated by an operator based on confidence levels and enables the validation of the invoice on the platform or in the application of your choice.

Add individual fields easily on your own
Over 200 standard fields such as VAT, payment deadline, item number, etc.
Validation of results with rules
Document metadata such as language and quality
All functionality consumable via Invoice OCR API

Integrate invoice automation into your ERP system using standard integrations.

Optional:
100% automation without project

With the “Full Validation” option, you obtain fully validated invoice data via the API. The validation is handled by Parashift’s BPO partners and intelligently controlled by the Parashift platform. With “Full Validation” you completely bypass any invoice data entry.

Standardized invoice configuration for almost all use cases
Average 3h turnaround time
Ideal for Accounts Payable teams struggling with capacity constraints
Immediately usable, starting at 10 cents per document
100% straight-through processing without tedious training

Use artificial intelligence for AP invoice automation

Start with 90%+ accuracy

compared to 30% with traditional OCR invoice processing software, thanks to AI.

Accounts Payable invoice processing

Parashift platform learns with every invoice processed and thus continuously increases the invoice capture quality.

Global invoice automation

By using Parashift, accounts payable invoice processing can be centralized globally.

Document recognition by Parashift using AI is another profitable step in supporting our customers. The full validation offered by Parashift makes it possible to excellently realize customer wishes such as maximum reduction of workload and thus cost savings.

Roul Steigauf CEO at Steigauf Daten Systeme

By integrating Parashift with our Karedocs-Document Management System, we can offer a wider variety of improved use cases for value-added services to our clients.

Renjith Mohan CEO at NeoLotex Business Solutions

Parashift’s unique solution approach is highly interesting for us as a long-standing and innovative solution integrator in the area of digitization of document-related processes. The technology ideally complements our existing solution portfolio. Thanks to Parashift, our customers benefit from tailored and sustainable solutions and services.

Dominic Wullschleger Head of Sales & Marketing at Arcplace

Parashift’s innovative Intelligent Document Processing solution is a perfect complement to our offering and enables complex processes to be automated. By integrating Parashift, metadata can be read with amazing quality and further processed within digital workflow tools.

Bobby Leu COO at Secure Link Services

Incorporating document data, regardless of type or volume, into an automated workflow can truly change the way people work and businesses use data. The new integration with Parashift unlocks the value of documents by automating and simplifying repetitive data entry, enabling organizations to make data-driven decisions faster.

Guy Jerusalmi COO at BayBridgeDigital

Open and well documented Invoice OCR API

Integrate via the API for automated invoice processing and use Artificial Intelligence immediately in your ERP.

Invoice Automation with AI

Parashift’s machine learning swarm technology combines learning data from all invoices and customers on the platform. Automated invoice processing maximized.

Enterprise-grade security for your Accounts Payable workflows.

Parashift runs in ISO27001 and HIPAA compliant data centers. We are a secure provider for invoice data capture software.

Your questions about Accounts Payable Invoice Automation, answered.

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Ideal for medium and large global enterprises. 14-day trial account and discovery call.

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