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ease
features
design
support

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Description

Kanverse AP Invoice Automation platform intelligently automates document processing workflows for enterprises. Kanverse brings together multiple AI technologies - Computer Vision, Natural Language Processing, Machine Learning, and Fuzzy Logic, along with Business rules and workflows to accomplish end to end automation. Automate invoice and other accounting documents ingestion, extraction, processing, validation, and publish processed data to downstream business applications (e.g., Oracle EBS, Oracle Fusion, NetSuite, Microsoft Dynamics, Majesco, etc.) Kanverse AI engine combines multiple cutting-edge technologies which deliver up to 99.5% data extraction accuracy: out-of-the-box Leverage AI and automation to process a multitude of document types; convert unstructured and skewed data into actionable insights and reduce operational costs across business processes. Intelligent automation eliminates manual, repetitive, and time-consuming activities; staffs, can focus on other business-critical activities. Also, helps to Protect PII Data and Prevent Fraud.

Description

Eliminate the tedious task of manual invoice data entry altogether by using Parashift, which allows you to remove 100% of your data entry workload immediately. There’s no need for initial setup, infrastructure, or complicated licensing; we only bill you based on the volume of documents processed, with no minimum consumption required, making it easy to start small. Our highly scalable cloud infrastructure lets you adjust your usage flexibly, whether you need to scale up or down. Parashift surpasses traditional OCR and data capture solutions by also validating the extracted data, so you can have peace of mind knowing that accuracy is ensured. This innovation significantly enhances the efficiency of your accounts payable processes, allowing for a streamlined workflow. We handle the most frequently used purchase-to-pay documents, including offers, orders, order confirmations, delivery statements, pro-forma invoices, receipts, credit notes, and dunning notices, complete with overdue fines. Furthermore, Parashift seamlessly integrates with your existing Purchase to Pay software, making the transition smooth and hassle-free. By adopting this solution, you can expect a remarkable improvement in your operational efficiency and overall productivity.

API Access

Has API Yes 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Axon Ivy No 
Boomi Yes 
COINS Yes 
Dynamics 365 Remote Assist Yes 
Guidewire Yes 
Majesco Yes 
NetSuite Yes 
Oracle API Management Yes 
Oracle Aconex Yes 
Oracle Fusion Cloud ERP Yes 
UiPath No 

Integrations

Axon Ivy Yes 
Boomi No 
COINS No 
Dynamics 365 Remote Assist No 
Guidewire No 
Majesco No 
NetSuite No 
Oracle API Management No 
Oracle Aconex No 
Oracle Fusion Cloud ERP No 
UiPath Yes 

Pricing Details

Not to be disclosed
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows Yes 
Mac Yes 
Linux Yes 
Chromebook Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Kanverse.ai

Founded

2020

Country

United States

Website

www.kanverse.ai/

Vendor Details

Company Name

Parashift

Founded

2017

Country

Switzerland

Website

parashift.io

Product Features

Accounts Payable

Approval Process Control Yes 
Bank Reconciliation Yes 
Cash Management No 
Check Writing No 
Duplicate Payment Alert Yes 
Fraud Detection Yes 
General Ledger Entry No 
Vendor Management Yes 

Claims Processing

Adjustor Management No 
Case Management No 
Claim Resolution Tracking Yes 
Co-Pay & Deductible Tracking No 
Compliance Management Yes 
Customer Management No 
Electronic Claims Yes 
Forms Management Yes 
Paper-Based Claims No 
Payor Management No 
Policy Administration No 

Product Features

Accounts Payable

Approval Process Control Yes 
Bank Reconciliation No 
Cash Management No 
Check Writing No 
Duplicate Payment Alert Yes 
Fraud Detection Yes 
General Ledger Entry No 
Vendor Management No 

Data Entry

Abbreviation Detection No 
Data Capture and Transfer Yes 
Data Cleansing No 
Data Entry Verification Yes 
Data Search Flexibility No 
Duplicate Detection Yes 
Flexible Search No 
Image Entry Yes 
Library Conversion No 
Mis-Keyed Variation Detection No 
Phonetic Variation Detection No 

Data Extraction

Disparate Data Collection Yes 
Document Extraction Yes 
Email Address Extraction Yes 
IP Address Extraction Yes 
Image Extraction Yes 
Phone Number Extraction Yes 
Pricing Extraction Yes 
Web Data Extraction Yes 

Electronic Data Capture

Audit Trail Yes 
CRF Tracking No 
Data Entry Yes 
Data Verification Yes 
Distributed Capture Yes 
Document Imaging Yes 
Document Indexing Yes 
Forms Management No 
Remote Capture Yes 
Study Management No 

OCR

Batch Processing No 
Convert to PDF No 
ID Scanning No 
Image Pre-processing No 
Indexing No 
Metadata Extraction No 
Multi-Language No 
Multiple Output Formats No 
Text Editor No 
Zone Selection Tool No 

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