DocExtractor vs Lido InvoiceOCR Detailed comparison features, price

DocExtractor

DocExtractor utilizes advanced AI and machine learning technologies to streamline the process of extracting key information from unstructured documents. It supports a wide range of file types, including PDFs, scanned images, DOCX, and XLSX, enabling users to transform documents like invoices, receipts, forms, contracts, purchase orders, resumes, and reports into actionable data efficiently. The platform focuses on automating the extraction process, significantly reducing the need for manual data entry, thereby saving time and improving operational workflows.

Designed with a user-friendly interface, DocExtractor aims to provide a seamless experience for users of all technical backgrounds. It emphasizes high accuracy through its continuously improving AI models and ensures data security with end-to-end encryption, processing files without storing them post-extraction. The tool facilitates integration with existing business systems such as CRM and ERP, and supports bulk processing for handling large volumes of documents, making it a scalable solution for diverse business needs across various industries including insurance, finance, and logistics.

Lido InvoiceOCR

Lido InvoiceOCR leverages best-in-class AI technology to accurately extract data from invoices, streamlining accounts payable workflows and reducing time spent on manual data entry. Supporting a wide range of file types, including PDFs, scans, images, and documents, it allows users to upload invoices and automatically capture structured data such as names, dates, and invoice numbers.

With features like automated email parsing, seamless integrations with tools like Excel, Google Sheets, and QuickBooks, and advanced customization rules, Lido adapts to multiple vendor formats without requiring custom templates. Robust security ensures data privacy using state-of-the-art AES-256 encryption, and no user data is used for AI model training. This makes Lido InvoiceOCR a scalable, secure, and efficient solution for businesses aiming to improve accuracy and efficiency in invoice processing.

Pricing

DocExtractor Pricing

Free Trial

From $36

DocExtractor offers Free Trial pricing with plans starting from $36 per month .

Lido InvoiceOCR Pricing

Paid

From $150

Lido InvoiceOCR offers Paid pricing with plans starting from $150 per month .

Features

DocExtractor

AI-Powered Data Extraction: Automatically identifies and extracts relevant data fields from structured and unstructured documents.
Multi-Format Support: Extracts data from PDFs, DOCX, scanned images, XLSX, TIFF, TXT, and Emails.
Advanced OCR Technology: Converts scanned documents and images into editable text with high accuracy.
Bulk Processing: Efficiently handles the processing of thousands of documents simultaneously.
Integration Ready: Seamlessly integrates extracted data with CRM, ERP, RPA tools, or other systems.
Customizable Extraction: Allows users to define specific fields for extraction or rely on automatic AI detection.
Secure & Private: Employs end-to-end encryption and does not store files after processing.
Structured Data Output: Provides extracted information in downloadable Excel, CSV, or JSON formats.
User-Friendly Interface: Designed for ease of use, requiring no complicated setups.

Lido InvoiceOCR

AI OCR Extraction: Accurately extracts invoice data from PDFs, scans, images, and documents.
Automated Email Parser: Processes invoices received via a shared email inbox including attachments.
Template-Free Processing: Handles multiple vendor formats without needing custom templates.
Customizable Data Rules: Allows user-defined data transformation, such as renaming or formatting fields.
Seamless Import and Export: Imports from desktop, drives, emails, and exports to Excel, Google Sheets, QuickBooks, and ERPs.
Data Security: Utilizes AES-256 encryption for data at rest and in transit, ensuring privacy and compliance.
Scalable Plans: Offers tiered pricing for businesses of different sizes and page volume needs.

Use Cases

DocExtractor Use Cases

Automating invoice and receipt processing.
Extracting data from contracts and legal documents.
Processing application forms and surveys.
Digitizing scanned reports and historical documents.
Automating KYC verification processes.
Streamlining data entry for logistics documents like bills of lading.
Extracting information from resumes for HR departments.
Processing financial statements and bank documents.

Lido InvoiceOCR Use Cases

Automating invoice data entry for accounts payable teams.
Batch processing large volumes of vendor invoices into structured spreadsheets.
Reducing manual errors in invoice processing for medium and large enterprises.
Integrating invoice data directly into QuickBooks, ERPs, and accounting platforms.
Extracting and transforming specific invoice fields with customized rules.
Automating the parsing of invoices sent to a centralized email address.