What makes Docsumo a better alternative to Instabase
The Only Instabase Alternative for 100% Accurate Data
Docsumo gives you more control over the quality of extracted data. With embedded review tool and human-in-the-loop feature, Docsumo ensures no inaccurate ever data passes through.
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 onboarding 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 & Instabase
Automate data extraction for your business in the simplest platform that's built for it
Docsumo
vs.
Instabase
Pre-trained APIs & Custom Models
- Pre-trained models
- 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
4 Reasons To Choose Docsumo Over Instabase
Best suited for lenders
Instabase software is a horizontal toolkit that requires model training to overcome the 'cold start' problem. However, Docsumo's platform comes with 30+ pre-trained document APIs across all major enterprise use cases.
Turn data into insights
Being a suite of products with one of its focus on data extraction, Instabase loses sight of the bigger picture. Docsumo streamlines the decision-making process for lenders by leveraging AI and ML capabilities. It interprets customer sentiments, analyzes invoice data, detects fraudulent activities in financial documents, and more, making the decision-making process more accessible.
Didn't find your API? Train yours easily
Create your own API by training on your model with as few as 50 documents. As the volume of documents increases, the more accurate it becomes.
End-to-end automation
Instabase, while offering partial automation, resembles an advanced OCR offering but lacks the thoroughness necessary for optimal workflow efficiency. However, Docsumo's fully automated platform, coupled with human-in-the-loop machine learning, cross-verifies data and later on brings about 90%+ straight-through processing.
Ready to automate your data extraction? Let's talk.
Docsumo's intelligent document processing enables you to extract data easily, efficiently, and accurately.