IDP vendor Parashift partners with Faigle

Thanks to this collaboration, Faigle now installs, configures and sells Parashift’s cloud-native Intelligent Document Processing (IDP) solution as a business partner.

Parashift, an Intelligent Document Processing (IDP) vendor, announced November 7 that it has partnered with Faigle, a specialist in business process digitization, Managed Print Solutions, and Business Process Outsourcing.

Thomas Knell, Product Manager at Faigle, commented on the partnership: “Having a partnership that leverages AI and machine learning in the cloud to address document processing challenges, with a strong alignment with Faigle’s market, is a valuable asset. Parashift’s advanced cloud-based solution boasts impressive classification and extraction capabilities, offering seamless integration through REST API. This compatibility makes it ideal for use with other cloud technologies, such as the Microsoft low-code/no-code power platform, enabling efficient automation of business processes.”

This summer, Parashift had already announced a partnership with software platform d.velop to support companies in the digitalization and automation of their document processes with AI and to jointly develop new innovative solutions.

Headquartered in Sissach, Switzerland, Parashift 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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