Lido InvoiceOCR favicon Lido InvoiceOCR VS DocuSense favicon DocuSense

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.

DocuSense

DocuSense automates the extraction of data from unstructured documents, enabling businesses to capture important information instantly and minimize reliance on manual processing. Leveraging state-of-the-art OCR and pre-trained AI models, the platform processes documents such as invoices, receipts, and driver licenses. Users have the flexibility to utilize existing AI models or to train custom models tailored to their unique document structures for higher accuracy.

The intuitive interface supports seamless ingestion from services like Dropbox, Gmail, and Google Drive and integrates with popular accounting and bookkeeping tools. Advanced validation options and approval rules ensure extracted data is accurate, while automated workflows push the processed information to its required destination, promoting efficiency and scalability for organizations of any size.

Pricing

Lido InvoiceOCR Pricing

Paid
From $150

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

DocuSense Pricing

Usage Based
From $100

DocuSense offers Usage Based pricing with plans starting from $100 per month .

Features

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.

DocuSense

  • AI-Powered OCR: Extracts data from unstructured documents with high accuracy.
  • Custom Model Training: Allows users to train AI models on their own documents.
  • Seamless Integrations: Supports Dropbox, Gmail, Google Drive, and accounting systems like QBO, Xero, Sage Intacct.
  • Advanced Data Validation: Configure rules to validate extracted data and enable manual review.
  • Automated Workflows: Push extracted and validated data automatically to downstream systems.
  • Approval Rules: Set up business-specific approval flows for document processing.
  • Usage-Based Pricing: Flexible model with pay-as-you-go and subscription options.

Use Cases

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.

DocuSense Use Cases

  • Automating invoice data extraction and integration with accounting software.
  • Digitizing and extracting relevant data from receipts for bookkeeping.
  • Streamlining processing of US driver license information for onboarding.
  • Handling large volumes of accounts payable documents in enterprise environments.
  • Reducing manual effort for document-based data entry and validation.
  • Accelerating business processes by integrating document workflows with existing tools.

FAQs

Lido InvoiceOCR FAQs

  • Which file formats does Lido InvoiceOCR support for data extraction?
    Lido InvoiceOCR works with scanned and searchable PDFs, images, and document files for extracting invoice data.
  • Can Lido InvoiceOCR export data to different accounting platforms?
    Yes, it can export extracted invoice data directly to Excel, Google Sheets, QuickBooks, and ERP systems.
  • Is data processed by Lido InvoiceOCR used for AI model training?
    No, Lido's technology ensures that user data is not used for training its AI models.
  • How does Lido InvoiceOCR ensure data security?
    Data is protected with AES-256 encryption while at rest and during transmission, and comprehensive data processing agreements ensure privacy.
  • What business sizes can benefit from Lido InvoiceOCR?
    Lido offers scalable plans designed for businesses of all sizes, from small enterprises to large organizations.

DocuSense FAQs

  • Can I train the AI model with my own documents?
    Yes, DocuSense allows users to train custom AI models on their own document datasets for improved extraction accuracy.
  • Which file sources does DocuSense integrate with?
    DocuSense supports seamless integration with Dropbox, Gmail, Google Drive, and various accounting systems.
  • Is there a free option for trying out the platform?
    Yes, you can process your first 100 pages for free with the Basic plan and pay only for additional pages.
  • How does DocuSense validate the extracted data?
    Users can set up custom validation rules and mark documents for manual review if data does not meet the criteria.
  • What pricing plans are available?
    Pricing is usage-based with a Basic pay-as-you-go plan, a Professional plan at $100/month for 1000 pages, and custom Enterprise options.

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