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Docsumo Reviews & Product Details - Page 2

Docsumo Overview

What is Docsumo?

Docsumo is an Intelligent Document Processing solution specially designed for SMBs lenders, Insurers, CRE lenders and investors and their document processing requirements. Docsumo started with the aim to help enterprises automate invoice processing and has evolved into an end-to-end data extraction solution for financial services all across the USA. Docsumo is Document AI partner with the likes of:- - National Debt Relief - Arbor Realty Trust - PayU - Hitachi Payment Services Private Limited - Valtatech - GetJones Docsumo features include:- ✅Data Capture from forms, semi-structured and unstructured financial documents ✅Pre-Trained API stack for loan application and insurance compliance documents ✅Review & edit tool that allows you to click on any text in a document to capture data without manual entry ✅Out of the box API endpoint (accessible via Settings page) & option to download CSV ✅Multiple learning mechanism to ensure maximum accuracy ✅Simple pay as you go pricing ✅Ability to customize fields from the frontend ✅Define templates for recurring documents ✅Self-train neural network on your dataset Choose Docsumo, if you want to:- - Automate the workflow end-to-end - Efficiently scale your process and your business - Reduce risk by validating data - Get detailed analytics for decision making - Get constant support Note - Docsumo is SOC-2 certified and GDPR compliant, and you have complete control over how your data is stored.

Docsumo Details
Languages Supported
Afrikaans, Bosnian, Catalan, Czech, Welsh, Danish, German, Greek, English, Esperanto, Estonian, Finnish, French, Scottish Gaelic, Irish, Haitian, Hindi, Croatian, Hungarian, Indonesian, Italian, Javanese, Dutch, Norwegian, Polish, Spanish, Swedish
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Product Description

Docsumo is a bookkeeping & data entry automation software. It captures data from invoices & receipts and feeds that data directly to accounting software such as Quickbooks and Xero.


Seller Details
Seller
Docsumo
Year Founded
2019
HQ Location
New York, US
Twitter
@docsumoai
203 Twitter followers
LinkedIn® Page
www.linkedin.com
81 employees on LinkedIn®
Description

DocsumoDocsumo is a technology firm that specializes in the automation of document data capture, making it easier for businesses to extract and process information from a variety of documents such as invoices, receipts, and bank statements. By leveraging advanced AI and machine learning technologies, Docsumo helps companies to reduce manual data entry and increase the accuracy of data processing. This turnkey solution is designed to improve operational efficiencies, helping businesses in sectors such as banking, insurance, and financial services to significantly streamline their document handling processes.


Rushabh S.
RS
Overview Provided by:

Docsumo Integrations

(2)
Integration information sourced from real user reviews.

Recent Docsumo Reviews

Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Great Product!"
The backend technology is really comprehensive and the model growth has allowed us to expand to different use cases. Also the team was incredibly h...
Verified User
U
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Great customer service experience"
Timely and on-time delivery. Realtime assistance as and when needed throughout project.
Verified User
I
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Strategic Improvement"
Customer Support, implementation Support, User-Friendly Interface, API Integration Flexibility, Bug Free

Pricing Insights

Averages based on real user reviews.

Time to Implement

2 months

Return on Investment

9 months

Perceived Cost

$$$$$
View More Pricing Information

Docsumo Media

Docsumo Demo - Bill of Lading API
Bill of Lading processing with pre-trained API and converting the extracted data to JSON
Docsumo Demo - Bank Statement API
Bank statement processing with pre-trained API and converting the extracted data to JSON
Docsumo Demo - Table Grid Data Extraction
Accurate line item extraction with Docsumo
Docsumo Demo - Acord form API
Acord form processing with pre-trained API and converting the extracted data to JSON
Answer a few questions to help the Docsumo community
Have you used Docsumo before?
Yes

Video Reviews

58 Docsumo Reviews

4.8 out of 5
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58 Docsumo Reviews
4.8 out of 5
58 Docsumo Reviews
4.8 out of 5

Docsumo Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Verified User in Transportation/Trucking/Railroad
UT
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Docsumo?

The team is always so helpful and willing to make updates to help Docsumo work best for your company's needs. We use docsumo very frequently and it's very easy to use. They are also constanstly making updates to better the platform Review collected by and hosted on G2.com.

What do you dislike about Docsumo?

There isn't anything in particular I would say we dislike about Docsumo, they are great! Review collected by and hosted on G2.com.

What problems is Docsumo solving and how is that benefiting you?

Docsumo has helped create new solutions to issues we had by manual inputting all our tickets, now what took days, only takes seconds Review collected by and hosted on G2.com.

Raymond F.
RF
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Docsumo?

I use the software frequently and it really saves me a lot of time and makes my job a whole lot easier. The user interface is also commendable. Navigating through DocSumo is easy even for a beginner. Just a few clicks and your needed documents and files are ready. Plus, their customer support is S-Tier. Review collected by and hosted on G2.com.

What do you dislike about Docsumo?

Nothing. I have not yet encountered any errors / inconvenience when using DocSumo Review collected by and hosted on G2.com.

What problems is Docsumo solving and how is that benefiting you?

Before DocSumo, it is taking us a lot of time transferring information and data from PDF files to our workbook since we had to it manually. Since having DocSumo, all it takes is a few clicks and our documents are easily converted and the required information and data can now be easily transferred to our workbooks. Review collected by and hosted on G2.com.

DF
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Docsumo?

I like the simplicity of accepting and review. When reviewing is needed, its very east to map and select the correct feild. Its intuitive, and smart in its desicion processing. I also like the ability to expand with different Documents types and they have been able to enhance, and adapt to everything weve thrown at them. Customer service is also realy great. Review collected by and hosted on G2.com.

What do you dislike about Docsumo?

What I would say is something that can be improved, is the ablility to go up and down on the table when reviewing with up and down arrows on the keyboard. This is ore of a personal preference as i will you use keyboard hot keys more than mouse clicks. Otherwise, anything weve brought theyve worked with us on! Review collected by and hosted on G2.com.

What problems is Docsumo solving and how is that benefiting you?

DocSumo allows us to easyily bring in inbound documents for creating inbounds with ASN data. It helps us with Outbound processing, as well as Invoice creation, Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Docsumo?

above and beyond, the staff is unparalleled- they are approachable and easy to work with, especially for a startup. Review collected by and hosted on G2.com.

What do you dislike about Docsumo?

i'd like to see more pricing models, which is valuable for a startup Review collected by and hosted on G2.com.

What problems is Docsumo solving and how is that benefiting you?

Review of memo lines, etc. on check images to be able to internally match transactions. Review collected by and hosted on G2.com.

Verified User in Environmental Services
UE
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Docsumo?

I like that Docsumo is comprehensive in terms of both the developer experience and the user experience. The automation results are reliable. Review collected by and hosted on G2.com.

What do you dislike about Docsumo?

Minor changes require retraining the models. It would be interesting to see how AI can help them versus using the traditional ML. Review collected by and hosted on G2.com.

What problems is Docsumo solving and how is that benefiting you?

Docsumo helps us parse utility bills in order to extract the consumption details. We used to parse these bills manually for several hours and it prevented us from serving more customers. With Docsumo, it's down to either fully automatic parsing or only a few minutes per customer. Review collected by and hosted on G2.com.

HV
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Docsumo?

It works fast, it works properly, they have lightning speed response times.

Always happy to help and very knowledgable about anything you might encounter.

It was very easy to integrate and adjust just the way we wanted to use it. Review collected by and hosted on G2.com.

What do you dislike about Docsumo?

They are working in a different timezone so timing a meeting with them can be tricky, however they were always able to adjust to our office hours. Review collected by and hosted on G2.com.

What problems is Docsumo solving and how is that benefiting you?

Our clients sometimes have documents or invoices that aren't standard to our business.

Docsumo translate these documents for us to data which we can actually use and process.

This makes the lives of our accountants much easier. Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Docsumo?

After attending numerous sales meetings and watching each unique OCR demo, we ultimately decided Docsumo was the best fit for our company. Their reputation is top-notch, and they are professional, knowledgeable and leaders in their field. Docsumo has proven and demonstrated that they can take vast amounts of data from HICF forms and various, different, unstructured invoices and place this data in a user-friendly interface where we will then integrate and convert this data into our Salesforce platform. Docsumo’s AI platform is a game changer for our company. Review collected by and hosted on G2.com.

What do you dislike about Docsumo?

Some formatting issues on their interface but they are looking into making some updates. Review collected by and hosted on G2.com.

What problems is Docsumo solving and how is that benefiting you?

Taking vast amounts of data that was once manual data entry and streamlining our process. Review collected by and hosted on G2.com.

KK
Software Support Specialist
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Docsumo?

I appreciate how the software efficiently extracts information from documents, minimizing data entry errors and streamlining time-consuming tasks. Review collected by and hosted on G2.com.

What do you dislike about Docsumo?

The limitation that restricts the number of files I can approve at once, as the system times out if I exceed that limit. Review collected by and hosted on G2.com.

What problems is Docsumo solving and how is that benefiting you?

Docsumo addresses challenges by enabling the upload and preservation of digital documents, eliminating the need for paper copies. The integrations with our WMS and financial systems not only minimizes data entry time but also significantly reduces errors. Review collected by and hosted on G2.com.

Charla L.
CL
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Docsumo?

I reallly like that it greatly help me saves time in preparing for the manual upload of transactions. My working time of about an hour before only took just a few minutes when I'm using the application. Review collected by and hosted on G2.com.

What do you dislike about Docsumo?

Maybe the fact that it has a limited credits. Review collected by and hosted on G2.com.

What problems is Docsumo solving and how is that benefiting you?

There are bank accounts which are not syncing in our platform and we have to enter it manually. By using Docsumo, it greatly save time considering the fact that we have a tons of client to work with. Review collected by and hosted on G2.com.

Albert W.
AW
Founder
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Docsumo?

Aside from a very reliable product the Docsumo team are friendly, helpful, proficient and efficient. They're a pleasure to liaise with and they go out of their way to provide an effective solution. Review collected by and hosted on G2.com.

What do you dislike about Docsumo?

I really haven't encountered anything that I dislike about Docsumo. Review collected by and hosted on G2.com.

What problems is Docsumo solving and how is that benefiting you?

Docsumo saves our users from the frustration of having to capture the same data on multiple systems. This benefits us in making our brand stand out from everyone that does require them to capture the data more than once. It also helps our efficiency and speed of service delivery. Review collected by and hosted on G2.com.