February 17, 2023

Procys

AI-Powered Document Processing

Best for:

  • Travel Agencies
  • Restaurants
  • Tax Agencies

Use cases:

  • Invoice Data Extraction
  • ID Card OCR
  • Receipt OCR

Users like:

  • Accounting
  • Human Resources
  • Operations

What is Procys?

Quick Introduction

Procys is an advanced document processing platform powered by artificial intelligence, designed for businesses that require efficient and accurate data extraction from various document types. It is ideally suited for enterprises in sectors such as travel, taxation, and restaurants, which grapple with large volumes of paperwork. The tool’s AI-driven engine simplifies the extraction and processing of data from invoices, receipts, ID cards, and more, streamlining workflow and significantly reducing manual effort.

From personal experience, using Procys improved our business operations by automating the tedious task of extracting and validating information from numerous documents. The goal was to alleviate the repetitive burden on our administrative staff, and Procys excelled in doing just that with its self-learning engine and seamless integration capabilities, connecting effortlessly with our existing ERP system.

Pros and Cons

Pros

  1. Self-learning AI Engine: Continuously improves accuracy by learning from previous data handling tasks.
  2. Seamless Integration: Integrates with over 260 applications, including popular ERPs like Microsoft Dynamics and Zoho.
  3. Comprehensive OCR Capabilities: Offers tailored OCR solutions for invoices, receipts, ID cards, and other document types.

Cons

  1. Initial Learning Curve: Might require some time to get accustomed to its vast array of features.
  2. Subscription Cost: Features a subscription model, which may be a barrier for smaller businesses.
  3. Dependence on Internet Connection: Optimal performance is contingent on a stable internet connection.

TL;DR.

  1. AI-Powered Document Extraction: Extracts data from diverse documents with high accuracy.
  2. Customization and Integration: Integrates with top ERPs and supports bespoke data extraction needs.
  3. Automation and Efficiency: Significantly reduces manual data handling, bolstering productivity.

Features and Functionality

  • Self-Learning Engine: Procys leverages a self-learning AI engine that continually improves its data extraction accuracy by learning from historical data, thereby enhancing its precision over time.
  • OCR API Powered by AI: Optimizes the OCR process using AI, ensuring that even complex documents are accurately read and digitized, accommodating diverse formatting styles.
  • Automatic Document Splitting: The AI-Autosplit feature intelligently divides documents into their respective components, which is particularly useful for multi-document files.
  • Custom Data Extraction: Procys can be tailored to extract specific data points as per user needs, hence offering a highly customized data handling experience.
  • ERP Integration: Facilitates seamless syncing with numerous ERP systems like Microsoft Dynamics and Zoho, centralizing document processing tasks within existing workflows.

Integration and Compatibility

Procys integrates with a diverse array of platforms and software, including CRM and ERP systems such as Microsoft Dynamics CRM, Pipedrive, Zoho, and Salesforce Commerce Cloud. This extensive integration capability allows for seamless data flow between Procys and other business tools, ensuring that document processing tasks are tightly woven into the broader organizational processes. If a standalone solution is preferable, Procys’s comprehensive feature set ensures it can securely and independently handle document processing tasks without additional integrations.

Benefits and Advantages

  • Improved Accuracy: Self-learning engine ensures data extraction becomes more accurate over time.
  • Time Savings: Automates the document processing to significantly reduce manual intervention.
  • Enhanced Productivity: Allows businesses to focus on core activities rather than spend time on data entry.
  • Versatility: Handles various document types from invoices to ID cards, making it a versatile tool for different industries.
  • Seamless Integration: Syncs effortlessly with over 260 apps and ERPs for a smooth workflow.
  • Data Security: Adheres to SOC 2 and GDPR compliance, ensuring enterprise-grade security.

Pricing and Licensing

Procys offers a flexible subscription model with several tiers to accommodate the scale and requirements of different businesses. They also provide a free trial period allowing users to explore and understand the functionalities before committing to a paid plan.

Do you use Procys?

This ensures that diverse enterprise needs in terms of document volume and feature usage can be met effectively.

Support and Resources

Procys provides robust support and resources for users. Key support channels include an extensive Help Center, comprehensive API documentation, and a set of video tutorials to aid users in making the most out of the platform. Additionally, customer service and a community forum are available for ongoing assistance, ensuring users always have help at hand.

Procys as an Alternative to:

As an alternative to ABBYY FlexiCapture, Procys shines with its ease of integration and more affordable pricing structure. Where ABBYY requires substantial setup and learning curve, Procys offers a more intuitive interface and quick onboarding process, making it a preferred choice for businesses looking to streamline document processing with minimal hassle.

Alternatives to Procys:

  • ABBYY FlexiCapture: An advanced document processing tool that offers similar functionalities but might be preferred for enterprises requiring deep, customizable data extraction capabilities. It is especially useful for those needing high-end OCR solutions with complex setup capabilities.
  • Kofax Capture: Known for its robust automation of document-centric processes, this tool is ideal if end-to-end solution integration with business processes is a priority.
  • Hypatos: Specializes in using deep learning for document processing and is a good alternative for those seeking cutting-edge AI solutions tailored to finance-related documentation.

Conclusion

Procys offers a robust, AI-powered solution for businesses needing efficient document processing and data extraction. Its self-learning engine, broad range of integrations, and customization options ensure that it stands out as a versatile tool in the crowded field of document processing solutions. Whether you are a travel agency, tax firm, or restaurant, Procys enhances productivity, saves time, and integrates effortlessly with existing workflows, making it a valuable addition to any business environment.

Similar Products

Vellum AI

Advanced AI workflow automation and integration tool

Kili Technology

Labeling Platform for High-Quality Training Data

Saturn Cloud

Saturn Cloud is a low-code/no-code AI tool enhancing data science and machine learning workflows in the cloud.

Reviews

[elementor-template id="2200"]