IDP vendor Parashift joins M-Files Solution Partner Program

With the availability of Parashift’s Intelligent Document Processing (IDP) platform, M-Files customers can benefit from automated data extraction from all document types.

Parashift, an Intelligent Document Processing (IDP) vendor, announced July 5 that it has joined the Solution Partner Program of intelligent information management platform M-Files, wich means its IDP platform is now available on the M-Files Solution Catalog.

Joachim Bleicher, Partner Sales Engineer EMEA of M-Files, explained: “With Parashift and M-Files, we offer our customers an even better way to index all their incoming and existing documents automatically and intelligently. Thanks to the new integration, our customers and our partners’ customers can now benefit from even more automation. Parashift’s scalable solution perfectly complements M-Files. The low time and costs required make an impressive ROI easy to achieve.”

As a partner solution integrated with the M-Files platform, Parashift automates data extraction from all document types, such as invoices, contracts, and many others, helping organizations reduce manual errors, streamline their document management processes, and increase productivity.

Stefan Wagner, Head of Partner Management at Parashift, commented: “We are delighted to be part of the M-Files Solution Partner Program and to offer our advanced Intelligent Document Processing capabilities to M-Files users. This partnership represents an exciting opportunity for us to help more businesses automate their document processing, save process time and speed up processing time, for example, in client’s communication.”

A few weeks ago, the IDP vendor announced that it has formed a technology partnership with tangro, an SAP-focused provider of inbound document management solutions.

Parashift, headquartered in Sissach, Switzerland, offers a cloud-native Intelligent Document Processing (IDP) platform that leverages advanced machine learning-based document classification and data extraction. With its proprietary Document Swarm Learning technology, the deep-tech company pursues an innovative approach.

You can find the full press release here.

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