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AP invoice capture that simply works

Use Parashift to instantly eliminate 100% of your invoice capture and improve your Accounts Payable (AP) process. Parashift takes care of invoice OCR & post-processing so you can focus on more important things.

amag
Axa
wincasa

Ready to use document types

Customers use Parashift to read all accounting documents for various processes, all from one central solution.

Productive usable data from day 1

A repository of standard solutions for document types and data points help generate ROI quickly.

Continuously add cases

New customers double workloads in a matter of weeks by adding new cases easily and quickly.

Optional full validation

Forget not only configuration efforts but also post-processing. Parashift does it for you.

Roul Steigauf
Renjith Mohan
Guy Jerusalmi
Procure to pay

Structured data from invoices and other Procure to Pay (P2P) documents

Improve your Accounts Payable processes with advanced OCR to read your invoices.

By processing the most common accounting documents, we significantly increase the efficiency of your Accounts Payable department:

  • Receipt/invoice
  • Pro forma invoice
  • Offer
  • Order
  • Order confirmation
  • Delivery note
  • Credit note
  • Dunning document
  • Dunning with reminder fee
Discuss your requirements

Why use Parashift’s P2P solution?

Fast setup

AI-based invoice extraction has never been easier. It just works that way – no big setup or training required. Integrate Parashift easily and quickly with your desired software, third-party plugin, and business workflows via a REST API. The whole thing takes a few hours.

Zero post-processing

The solution for invoice data: No templates, no document setup, no rechecking OCR results. Invoice extraction that just works. Parashift allows you to eliminate any manual data entry work, even data validation.

Also for small volumes

Parashift does not require high licensing costs. Instead, you simply pay for the volume of documents processed. This gives you an easy way to get started and a positive ROI right away. It’s never been easier to automate and scale your Accounts Payable process.

Software Landscape
Process invoices automatically and with perfect accuracy. Parashift’s AI OCR, with human validation, revolutionizes your Accounts Payable. Never worry about the accuracy of your invoice data again.
Learn more

Process invoices without validating OCR results

Process AP invoices automatically with perfect accuracy and eliminate 100% of your data entry.

Parashift’s AI OCR, combined with human validation, revolutionizes your Accounts Payable process. Never waste another thought on document processing.

  • Immediate reduction of 100% of human interaction
  • Allocate saved resources to value-added tasks
Learn more
OCR data
Addresses chevron_right

By returning the full address and tax numbers of the sender and recipient, you can immediately assign the documents to the correct supplier or client.

  • Name
  • Street
  • Zip code
  • City
  • Country
  • VAT
General information chevron_right

General information gives you more context for the document and helps with automatic processing.

  • Document date
  • Document number
  • Delivery date
  • Order number
  • Reference
Amounts chevron_right

In order to process invoices and order confirmations automatically or to provide posting record suggestions with header data only, we always extract a total amount and, depending on the tax amounts, at least a partial amount.

  • Net amount (total amount + partial amount for each tax rate)
  • Tax amount (total amount + partial amount for each tax rate)
  • Total amount (total amount + partial amount for each tax rate)

In addition, we also supply the following quantity-relevant fields:

  • Tax amounts
  • Currency
  • Total discount in %
  • Total discount as amount
Terms and methods of payment chevron_right

We return one or more payment terms if, for example, there is a combination of payment terms such as “10 days 2% discount or otherwise 30 net”. If the invoice has already been paid, we also indicate the payment method, such as credit card, cash, PayPal, Strip, and others.

  • Zahlungsbedingungen (eine oder mehrere)
  • Zahlungsmethode
Payment details chevron_right

So that invoice-related payments can be triggered immediately and correctly, we also provide the recognized bank data.

  • IBAN
  • BIC
  • Kontonummer (alt)
Line item data chevron_right

In order to perform a detailed purchase order reconciliation or to compare existing supplier master agreements, many use cases rely on exact line item data. Therefore, if relevant for your use case, we extract the following line item data:

  • Related order
  • Associated delivery note
  • Delivery date
  • Article number
  • Description
  • Quantity
  • Units
  • Unit price
  • Total amount of the position
  • Tax rate
  • Discount in %

Read line item data on invoices in the highest quality

You also get line item data extracted in 1-A quality. Automatically recognize P2P documents and read them with AI-based OCR. Invoice scanning and data capture is easy and affordable, even for low volumes. Don't cut back on manual invoice data entry. Skip it altogether - even OCR validation!

Request demo

Super fast return on investment on your automation project

Ensure a fast return on investment (ROI)! With us, there is no base fee. Instead, you simply pay for intelligent invoice processing and AP automation based on document volume. Get started today!

Intelligent Document Processing
SAP
UiPath
JobRouter
DocuWare
M-Files
ELO

Integrate Parashift with the software of your choice

Use prebuilt interfaces into the most popular enterprise software or integrate Parashift into your specific software landscape and workflows.

Talk to us

Global trust with companies

Start your hyperautomation journey

Parashift helps you automate your structured and unstructured document processing. Simply and seamlessly. We integrate with your existing application landscape to add value to your business processes and reduce costs.

Get in touch

You will hear from us shortly!

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