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Parashift

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Parashift 2026: Benefits, Features & Pricing

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  • Overview
  • Pricing and Plans
  • Features
  • Integrations
  • User Reviews

Overview

Parashift
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

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Parashift Pricing and Plans

Free Trial
Free Version

Basic

Pricing available upon request

No plan information available

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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
    UiPath
    DocuWare
    DocuWare
    ELO ECM Suite
    ELO ECM Suite
    JobRouter
    JobRouter
    M-Files
    M-Files
    Salesforce Platform
    Salesforce Platform

    See all 8 integrations

    Parashift User Reviews

    Overall Rating

    4.9

    Ratings Breakdown

    5

    86%

    4

    14%

    3

    0%

    2

    0%

    1

    0%

    Secondary Ratings

    Ease of Use

    4.8

    Value for money

    4.8

    Customer support

    4.9

    Functionality

    4.7

    Michal's profile

    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

    5

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    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.

    Read More

    MJ

    Martin J.

    Verified reviewer

    Leisure, Travel & Tourism

    51-200 employees

    Used daily for less than 6 months

    Reviewed July 2020

    Parashift for invoice recognition

    5

    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

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    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)

    Read More

    FW

    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

    4

    Ratings Breakdown

    4
    Ease of use
    4
    Value for money
    5
    Customer support
    3
    Functionality
    icon
    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

    Read More

    HK

    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

    5

    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

    5
    Ease of use
    5
    Value for money
    4
    Customer support
    4
    Functionality
    icon
    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

    Read More

    Max's profile

    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

    5

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    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.

    Read More

    ML

    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

    5

    Very pragmatic attitude and very solution oriented

    Ratings Breakdown

    5
    Ease of use
    4
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    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!

    Read More

    MR

    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!

    5

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    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.

    Read More

    TK

    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

    5

    Very supportive team. High quality in services.

    Ratings Breakdown

    4
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    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.

    Read More

    VR

    Verified
    Reviewer

    Financial Services

    11-50 employees

    Used daily for less than 12 months

    Reviewed May 2020

    Best software for document processing

    5

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    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.

    Read More

    TF

    Tristan F.

    Verified reviewer

    Information Technology and Services

    51-200 employees

    Used daily for less than 6 months

    Review source

    Reviewed February 2021

    OCR

    5

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    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.

    Read More

    Showing 1 - 10 of 14 Reviews

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