Binocs Alternatives

If you're looking for a replacement for Binocs, Ocrolus is a good alternative. The company uses AI to classify, extract, detect and analyze financial documents with high accuracy, allowing lenders to better assess risk and prevent fraud. The platform offers features like machine learning-based classification, computer vision and human validation-based data extraction, and is suited for industries like consumer lending and multifamily lending.

Another platform worth mentioning is FinFloh, which specializes in accounts receivable (AR) automation. It automates and optimizes the AR process, helping businesses accelerate receivable collection, automate cash application, and make data-driven credit decisions. FinFloh offers features like ML-based OCR, AI-driven credit scoring and ERP/CRM integration, so it's a good option for improving collections efficiency.

If you need a more general-purpose AI-powered finance tool, Finpilot is a good option. It automates financial analysis workflows, providing fast data analysis, answering questions directly and visualizing trends. Finpilot is geared for financial analysts, equity analysts and investment bankers who want to spend less time digging through data and more time on higher-level analysis.

Last, ABBYY is a digital transformation platform that uses AI, NLP and OCR to automate business processes through intelligent document processing. It includes a marketplace with custom-built AI models and supports low-code/no-code development, so it's good for automating document-centric processes like accounts payable and customer onboarding.