Finding the right data capture solution for your business needs and budget can be quite the challenge. Between reading reviews, trying different tools, and comparing pricing plans, you’ll need to put some time and effort into the research process. Still, it’s important to choose the right document parsing tool because it will save you massive amounts of time and money. If you have used Docsumo before but are looking for an alternative, you might want to try Docparser, a no-code, flexible Docsumo alternative.
What is Docparser?
In a nutshell, Docparser is a no-code, web-based data capture tool that lets you extract data from recurring documents and either download it or export it to a cloud app. Docparser uses OCR, advanced pattern recognition, and keyword anchoring to locate and extract data fields according to rules that you set. Businesses and organizations from all over the world use Docparser to automate data entry, lower the costs of document-based workflows, and help professionals free up time for more important work.
Why use Docparser for your data extraction needs?
Zero coding required
The biggest difference between Docsumo and Docparser is that the former requires coding knowledge while the latter doesn’t.
With Docsumo you will have to navigate lines of codes to get it up and running. Docparser, on the other hand, is a 100% no-code data capture solution. It comes with pre-set templates for common use cases (invoices, forms, contracts, etc.). After you choose a template, Docparser can automatically create parsing rules which you can then edit and complement with more rules. You can also create your parsing rules from scratch with zonal OCR, text extraction, table extraction, etc.
So if you are not a developer, you will find Docparser to be a very simple yet effective Docsumo alternative.
Custom parser creation
Docsumo typically processes a document and produces an output that you need to verify and rectify when necessary. You have to train an AI model to extract data accurately.
Docparser takes a different approach. You choose exactly what data fields to extract and even how they should be formatted. Essentially, you build a set of parsing rules, each for a specific data field, like a name, a phone number, a text block, a table, etc.
This means you will build a custom document parser once and let it handle data extraction for your documents with little to no human input needed. Moreover, parsing Rules can extract data successfully even if the documents processed have layout variations.
Also worthy of note is that you can build as many document parsers as you need, each for a different type of document. This means you can use Docparser for pretty much all your document-based workflows where data entry is required.
Inbound and outbound integrations
In addition to downloading your extracted data as a file in various formats, you can set up an inbound or outbound integration to import or export data.
Here is a quick example. You can fetch documents directly from a Google Drive folder (via an inbound integration), process them in Docparser, and send the extracted data to a cloud application like a CRM or accounting software via an outbound integration. You can even send parsed data to an endpoint URL via a webhook. That’s not currently possible with Docsumo.
With integrations, you can create automated workflows and save multiple hours that you would spend manually downloading or importing files.
An affordable Docsumo alternative
Last but not least, Docparser has affordable pricing plans and no upfront commitment. You can try its capabilities for as long as you want with the Free Plan option, the only limit being the number of pages you can parse per month. The Starter Plan is priced starting from $32.5/month, so you won’t find yourself having to pay for more than what you need.
Why not Docsumo?
To be fair, Docsumo is a good data capture solution and has many customers who are happy with it. However, it’s not the best choice for every business or organization (then again, no solution is). Docsumo works best for enterprise-level businesses that have a team of developers — hence the expensive pricing.
So if you have used it before, but felt the pricing is steep, or if the coding requirements were an obstacle, it’s perfectly reasonable to seek an alternative.
Closing Thoughts
Automation tools have become a necessity for businesses looking to streamline workflows and lower costs. Data capture solutions in particular are increasingly popular nowadays because of the leap in efficiency they enable.
For a more in-depth look at Docparser and how it compares to Docsumo, click here. You are welcome to try it for free, either with a 21-day free trial or the Free Plan.
