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Parascript

Parascript

by Parascript

Product Details

Headquarters
Longmont, Colorado
Year Founded
1996
Deployment
On Premise
Web Based/Cloud
Software Type
Accounts Payable
Accounts Receivable

About This Software

Parascript Artificial Intelligence software automatically understands your documents and retrieves the right data for your customers. Any document. Any data. Any source. And no templates. Parascript transactional data extraction solutions enable straight through processing (STP) to speed the processing of payments and other transactions. Parascript technology drives the elimination of manual data entry and addresses document processing challenges that occur due to variability in location of data, content sensitivity, time sensitivity, and downstream errors leading to higher efficiency and significant cost reductions.

Parascript software supports high volume, advanced document processing of invoices, receipts, remittances, checks, or any other type of transactional documents in a single stream. Parascript software auto-classifies documents and locates, extracts, and scores all key data fields for faster time-to-cash, as well as increased productivity, accuracy, and savings over manual keying costs. Our software analyzes over 100 billion documents annually and extracts critical information for financial services, government agencies and the healthcare industry. Our clients are our partners—Business Process Outsourcers (BPOs), service providers, Original Equipment Manufacturers (OEMs) and Value-Added Resellers (VARs)—in the U.S. and across the world.

A few of the organizations whose achievements are representative of all the organizations that we are fortunate to call our partners and clients: 3M, AGFA, BancTec, Bell & Howell, BMC, Burroughs, EMC, Fiserv, GE, HP, IBM, Lockheed Martin, Mytech Partners, NCR, Philips, Pitney Bowes, Siemens, Source HOV and Xerox.


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