# The Only Ephesoft Alternative For Lending Docsumo's proprietary AL and ML capabilities enable it to adapt to any document variations across formats, all neatly packaged in straightforward, usage-based pricing. Best Document AI solution that comes with pre-trained APIs a CRE lender needs > "Amongst others, the biggest advantage of partnering with Docsumo is the data capture accuracy they’re able to deliver. We’re witnessing a 95%+ STP rate, that means we don’t even have to look at risk assessment documents 95 out of 100 times, and the extracted data is directly pushed into the database." > Howard Leiner > CTO, Arbor Docsumo is your go-to solution if you need a flexible solution to capture data from unstructured documents > “Docsumo does a very good job when it comes to our specific use-case. Debt settlement letters vary a lot from each other, but Docsumo manages to capture data accurately almost every single time at the processing speed which is unprecedented. We’re witnessing the STP rate of over 95% with Docsumo.” > > Daniel Tilipman > President & Co-Founder, National Debt Relief With Docsumo we are now able to process thousands of ACORD forms in a day > “We were looking for a tech partner to automate analysis of certificates of insurance for our real estate liability management software. We are really happy with Docsumo’s APIs and their team’s dedication to solving our problem. We are now able to process thousands of ACORD forms a day automatically while being able to get accurate analytics from over 100 data points.” > > Michael Rudman > Co-founder & CTO, Jones With Docsumo, we are now able to save more than 500 hours per month. > “With Docsumo, we are now able to assign barcodes in less than 2 mins. The same process used to take us 20 mins previously. We are now saving hundreds of hours a month generating Advanced Shipment Notifications. It has reduced manual errors drastically.” > > Neil Lawrence > Business Process Manager, BiagiBros, California One solution for different utility bill formats > “We’re processing utility bills from 6 different service providers for portfolio management. The challenge was to have just one solution to process all different versions of bills to save us the hassle of retraining & switching amongst multiple solutions. Docsumo has been able to deliver just that - one solution for all different variations.” > > Shani Nowlin > Chief Technology Officer Westland Real Estate Group Best in class for capturing data from financial documents > “We are using Docsumo’s APIs for automating data capture from bank statements and identity cards while on-boarding customers. It has reduced the time our operations team spends on data entry by manifolds while providing a much better customer experience.” > > Prashanth Ranganathan > CEO, PayU Credit ## Let's compare Docsumo & Ephesoft ### Pre-trained APIs & Custom Models - Create new doc type - Train custom ML models - Auto-learn new document formats/layouts - Process large documents ### End-to-end automation - Auto-classification and auto split - Straight through processing - Auto assign reviewers - Auto alerts for discrepancies/reviews for exceptions ### Efficiency - Field-level confidence score - Auto-apply learnings from new doc types - Extraction in 30 seconds ### Risk reduction - Embeddable review tool - Validation rules - Validate from database - Human in the loop ### Analytics - Analyze document data - Post process extracted data ### Integration - Upstream - Emails - Downstream - CRMs like Salesforce, Yardi etc. - ERPs, HCMs ## 6 Reasons To Choose Docsumo Over Ephesoft ### No need to retrain documents Ephesoft software excels with documents that have well-defined templates. However, any slight changes in layout require retraining the data capture model. In contrast, Docsumo's intelligent data capture APIs effortlessly **adapt to changes in document layouts** and versions, as long as the data fields to capture remain constant. ### Turn data into insights While Ephesoft focuses solely on semi-manual data extraction, Docsumo utilizes AI and ML capabilities to **interpret customer sentiments, analyze invoice data, detect fraudulent activities** in financial documents, and enhance the decision-making process. ### Didn't find your API? Train yours easily **Create your own API** by training on your model with as few as 50 documents. Docsumo's capability grows with the volume of documents, ensuring increased accuracy. Ephesoft lacks this flexibility and is confined to specific use cases. ### Get used to 90%+ touchless processing Ephesoft falls short in accuracy when dealing with documents exhibiting significant variability. Docsumo, on the other hand, introduces an additional layer of verification through **human-in-the-loop and automated alerts** for data review. As the model learns, more documents are processed automatically, reducing manual work. ### Integrate easily with your existing systems Docsumo seamlessly integrates with your current systems, including **CRMs, ERPs, and in-house software**. ### Reduce risk by validating data Docsumo brings in an extra layer of accuracy with **Excel-like formula rules** to address complex business conditions. --- Docsumo's intelligent document processing enables you to extract data easily, efficiently, and accurately.