Orbis research

Switzerland – 03/13/2023 

Parashift, the provider of advanced machine learning-based document classification and data extraction software, has been featured in Orbis Research’s latest report on the invoice processing software market. The report, titled “Global Automated Invoice Processing Software Market Growth (Status and Outlook) 2022-2028” provides an overview of the market’s current status and future growth prospects.

The report highlights the growing demand for automated invoice processing software, driven by the need for organizations to streamline their operations and improve their financial performance. It includes profiles of leading companies in the market and provides insights into the competitive landscape and key trends shaping the industry. 

As a key player in the automated invoice processing software market, Parashift is recognized for its innovative technology platform that enables businesses to extract data from documents quickly and accurately, improving efficiency and reducing errors. 

parashift logo

Parashift AG, founded in 2018, is a deep-tech company focused on autonomizing document extraction through machine learning. Parashift is domiciled near Basel, in Switzerland, and employs about 40 people in machine learning, engineering, and development. Forbes named Parashift as one of 30 promising AI startups in Europe.

Parashift AG

Emma Lebat
Marketing Manager
Hauptstrasse 134
CH – 4450 Sissach
Phone: +41 61 508 77 77