Question: I need an API-based solution to automate document workflows and extract data with high accuracy, do you know of any?

If you're looking for an API-based solution to automate document workflows and extract data with high accuracy, ABBYY is an excellent choice. It uses AI, NLP, and OCR to automate business processes through intelligent document processing and data extraction. With over 90% recognition accuracy and support for various document formats and languages, ABBYY can handle tasks such as accounts payable and customer onboarding efficiently.

Another robust option is Nanonets. This platform excels in extracting valuable insights from unstructured data across multiple sources like documents, emails, and databases. It offers advanced AI-driven data extraction, data enrichment, and flexible export options to CRM, WMS, or other formats. Nanonets ensures data confidentiality and integrity by adhering to compliance standards like GDPR, SOC 2, and HIPAA.

Cradl AI also stands out as a powerful document automation tool. It uses AI to extract data from unstructured documents and supports multiple languages. The platform integrates easily via no-code tools and includes features like human-in-the-loop review and automatic retraining. Cradl AI is ideal for automating tasks like invoice processing and bill of lading data extraction, and it emphasizes security and compliance with hosting on AWS.

For a more API-focused solution, Sensible provides advanced parsing techniques and a comprehensive API for seamless integration into existing applications. It supports data extraction from various document types and offers elastic scalability and robust security measures. With over 150 pre-configured parsers, Sensible simplifies document extraction and process control, making it a versatile choice for developers and product teams.