Parashift 2026: Benefits, Features & Pricing

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Overview
Pricing and Plans
Features
Integrations
User Reviews

Overview

Parashift

4.9

(14)

Pricing

Pricing available upon request

About Parashift

Parashift Intelligent Content AI helps Enterprises to minimize the time spent processing and understanding documents across all processes —automatically separating pages, classifying documents, extracting and validating data—by leveraging our proprietary Document Swarm Learning® technology and a rich catalog of 400+ pre-configured document types.

Deploy out-of-the-box, customize existing templates, or build from scratch, all within a secure, compliance-driven cloud environment.

Seamlessly integrate with your favorite business applications to accelerate efficiency while keeping enterprise information security risks to a minimum.

Parashift Screenshots

Parashift Pricing and Plans

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Free Trial

Free Version

Basic

Pricing available upon request

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Parashift Features

Popular features found in Data Extraction
API
Data Connectors
Data Import/Export
Data Verification
Document Extraction
Email Address Extraction
Image Extraction
Multiple Data Sources
Phone Number Extraction
Reporting/Analytics
Third-Party Integrations
Web Data Extraction
More features of Parashift
Access Controls/Permissions
Activity Dashboard
Aging Tracking
Approval Process Control
Archiving & Retention
Audit Trail
Barcode/Ticket Scanning
Collaboration Tools
Compliance Tracking
Data Aggregation and Publishing
Data Capture and Transfer
Data Extraction
Data Quality Control
Data Replication
Distributed Capture
Document Automation
Document Capture
Document Classification
Document Generation
Document Imaging
Document Management
Document Storage
Duplicate Payment Alert
Electronic Signature
File Conversion
File Sharing
Fraud Detection
Full Text Search
Image Capture
Invoice Processing
IP Address Extraction
Optical Character Recognition
Pricing Extraction
Remote Data Capture
Secure Data Storage

Parashift Integrations

UiPath

DocuWare

ELO ECM Suite

JobRouter

M-Files

Salesforce Platform

See all 8 integrations

Parashift User Reviews

Overall Rating

4.9

Ratings Breakdown

86%

14%

Secondary Ratings

Ease of Use

4.8

Value for money

4.8

Customer support

4.9

Functionality

4.7

Michal K.

Verified reviewer

Information Technology and Services

2-10 employees

Used daily for less than 6 months

Reviewed October 2021

Data extraction with simple and well documented API

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Parashift does the job we need it to. Our business processes thousands of invoices, we needed an AI solution to keep up with the demand, but we needed all the data and line items to be verified as well. That is what Parashift does. After integrating with their API, our new processing capabilities were up and running.

Cons:

We run into few technical questions while integrating with the API that was not yet covered by the documentation. Luckily, the support staff is very responsive, and everything was resolved quickly.

Martin J.

Verified reviewer

Leisure, Travel & Tourism

51-200 employees

Used daily for less than 6 months

Reviewed July 2020

Parashift for invoice recognition

We use Parashift for the extraction of invoices for a better workflow management and faster processing all over the company. With parashift we save working time on distributing the invoice to the reponsible employee and also on transmitting invoice details in our backoffice system. With the given details of the invoices also our accounting will save time on allocation, because we can automate it.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

It is an easy to implement API, so we get started really fast. The first results we had after some hours and in a week we were ready with the API communication. (Most time we needed to change our internal workflows and for automation processes) All results are validated and within our tests they all were fine. Support ist fast but not really needed.

Cons:

All is ok for us, but you need to accept, that Parashift use external cloud services and external agents for validation. Because of validation it is also not a live-API, so you can not use it for instant billing.

Reasons for choosing Parashift

There are no high starting and fixed costs. It was easy to implement in existing processes. We stay independent, we can always stop using or switch over to another product, if we need. (We do not hope so)

Fabian W.

Verified reviewer

Information Technology and Services

2-10 employees

Used other for less than 6 months

Reviewed July 2020

Review from service integration experience

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Parashift offers us a cutting edge service solution portfolio for document data extraction which is steadily evolving. With a combination of KI and shared service human review and correction of extracted data they seem to be able to deliver more accurate data as we have seen with other similar services. Lightweight JSON based API allows fast integration into our RPA solutions.

Cons:

Could need some improvement with their interface and data structure documentation.

Reasons for choosing Parashift

A) The post KI humand verification service, B) the KI seems to be better trained for typical Central Europe documents than other similar KI products eg. from US

Reasons for switching to Parashift

Ease of use, data quality

Hendrik K.

Verified reviewer

Furniture

11-50 employees

Used daily for less than 12 months

Review source

Reviewed May 2021

Only tool for SMEs to realize reliable and cost effective digital workflows for document processing

Sympathetic team which thankfully has decided to focus on one of the most important aspects of digital document processing: Realiable extraction of document meta data.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Parashift offers accurate character recognition, extraction of document meta data and document categorisation at a cost which finally makes it attraktive for SMEs to use pure digital workflows. With Parashift we experience a 100% acceptance of our users with newly digitalised work flows. The reason: The data is reliable and manual work of extracting meta data completely eliminated. Thus providing real improvement to the document handling experience for our users. Great API documentation which allowed us to connect SharePoint without any support.

Cons:

Areas of improvement are: - Automated OCR switches to manual OCR when there is text in an embedded picture file in an otherwise text-based PDF. This creates room for transcription errors. - On-site feedback system raising flags for Parashift developers and linking to a particular document would be great

Reasons for choosing Parashift

1. By very far best results when it comes to extracting document meta data 2. Ability to connect MS SharePoint with Parashift 3. Value-for-money

Max W.

Verified reviewer

Real Estate

2-10 employees

Used daily for less than 12 months

Review source

Reviewed April 2020

Document extraction on property management platform

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Fairwalter is a property management software. We use Parashift to extract and understand data from scanned documents so that processes (such as paying customers or reacting to tenant queries) can be automated. This is a hugely popular feature and the integration with the Parashift API was accomplished within a few days.

Cons:

Data extraction works great for accounting related documents. Further property management-related use cases would bring great additional value for our company.

Meinrad L.

Verified reviewer

Insurance

5001-10000 employees

Used daily for less than 2 years

Review source

Reviewed January 2022

Parashift makes your Paper digital usable

Very pragmatic attitude and very solution oriented

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Parashift is based on new technology with a clear strategy behind.

Cons:

It'll be nice if it would have a scanning engine in front of dataextraction engine to do the whole process in one step

Reasons for choosing Parashift

we were both convinced about the idea we can automize health bills and startetd a project!

Mattia R.

Verified reviewer

Venture Capital & Private Equity

2-10 employees

Used weekly for less than 12 months

Review source

Reviewed March 2020

Finally a flexible and intelligent document processing software that gets my documents done!

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Parashift provides users with a comprehensive test environment that allows for fast and extensive testings of the functionalities. This way, we as a company were able to act quickly and speed up the evaluation process to eventually get to a final decision. Today, thanks to a different approach in terms of the underlying technology and complementary validation processes at Parashift, we can scan everything from offers to accounts payable vouchers, receipts, and other documents and get back correct data for an affordable price. Really rad! And all this without any ramp up phase or expensive setup costs. We simply integrated the well documented API into our existing software and workflows ourselves and we were good to go. With the fully validated meta data, we are now capable of gradually increasing the automation rate of our shadow processing across accounts which resulted in significant time and cost reductions after a few months of software usage already.

Cons:

I actually can’t identify any disadvantages so far.

Thomas K.

Verified reviewer

Computer Software

2-10 employees

Used daily for less than 12 months

Reviewed August 2021

High quality extraction and classification service

Very supportive team. High quality in services.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Its ease of on boarding. High quality of data extraction.

Cons:

Documentation is not always up to date but support was able to help quickly.

Reasons for switching to Parashift

Parashifts cloud service is very easy to use and integrate into existing software.

Verified

Reviewer

Financial Services

11-50 employees

Used daily for less than 12 months

Reviewed May 2020

Best software for document processing

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

- No need to take any actions regarding the correction of extraction results - First-Class support

Cons:

We have nothing to complain about. We are looking forward to have even more document types.

Tristan F.

Verified reviewer

Information Technology and Services

51-200 employees

Used daily for less than 6 months

Review source

Reviewed February 2021

OCR

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Invoice extraction made easy! Parashifts platform is really easy to integrate into business processes. The API is restful and intuitive.

Cons:

The API still needs some features. I got in touch with the team and they said they will add them shortly which is great.

Reasons for switching to Parashift

Better pricing, communication and ease of use.

Showing 1 - 10 of 14 Reviews

See All Reviews

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Parashift 2026: Benefits, Features & Pricing

Overview

About Parashift

Parashift Screenshots

Parashift Pricing and Plans

Parashift Features

Parashift Integrations

Parashift User Reviews

Other Top Recommended Data Extraction Software

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