Formx.ai

What is Formx.ai?

FormX.ai is an AI-powered solution aimed at streamlining data extraction from various types of documents, such as receipts, invoices, and ID cards. By leveraging cutting-edge technologies like OCR, Regex, and AI, FormX.ai converts physical document information into structured digital data efficiently. It offers a user-friendly platform with a low or no-code interface for configuring data extraction and integrating with existing software through an API. The tool returns extraction results in JSON format, making it easily usable for different business applications. FormX.ai is hosted on GCP and Azure cloud, ensuring secure data processing. The accuracy of receipt extractions varies based on factors, with general fields like date, time, and amount achieving accuracies over 90% for images of good quality. Latency for receipt processing typically ranges from 4 to 8 seconds, excluding image uploading time. FormX.ai also offers tailored plans for enterprises, volume discounts, and different SLA options.

Who created Formx.ai?

FormX.ai was created by a team of individuals behind the company. The tool offers seamless data extraction from various documents using OCR, Regex, and AI technologies. Hosted on GCP and Azure cloud, it ensures secure data processing with a focus on accuracy and efficiency. The platform is user-friendly, featuring a web portal for easy configuration and integration through APIs. Additionally, FormX.ai provides mobile scanning capabilities for enhanced accuracy on scanned documents.

What is Formx.ai used for?

• Seamless and accurate data extraction from various documents
• Transforming information from physical documents like receipts, invoices, and ID cards into structured digital data
• Supporting a wide array of document types including business certificates, HR forms, and bank statements
• User-friendly low or no-code platform through its web portal
• Integration into existing software using its API-based solution
• Returning extraction results in JSON format
• Mobile phone scanning feature for on-the-go data extraction
• Trusted and utilized by various sectors for automating document digitization
• Enhancing accuracy for documents scanned with mobile devices
• Managing data extraction features and configurations with ease via the user-friendly web portal
• Managing business certificates and handling HR forms and bank statements
• Offering a low or no-code platform through its web portal for managing parsing configurations
• Integrating FormX into existing software using its API-based solution
• Returning results in JSON format, ideal for various business applications
• Mobile phone scanning feature with image optimization techniques for high accuracy data extraction
• Supports a wide array of document types, catering to diverse business needs
• Trusted and utilized by various sectors for automating the digitization of documents
• User-friendly design and developer-friendly platform for ease of use
• Efficiently transforming information from physical documents like receipts, invoices, and ID cards into structured digital data
• Managing business certificates, HR forms, and bank statements
• Offering a low or no-code platform through its web portal for managing parsing configurations and integration into existing software
• Returning results in JSON format for easy integration with various business applications
• Supporting a wide array of document types
• Providing a mobile phone scanning feature for accurate on-the-go data extraction
• Trusted and utilized by various sectors for document digitization
• Utilizing OCR, Regex, and AI technologies for robust data extraction
• Maintaining user-friendly web portal for managing data extraction features
• Seamless and accurate data extraction from various documents like receipts, invoices, and ID cards
• Support for a wide array of document types including business certificates, HR forms, and bank statements
• User-friendly web portal for managing parsing configurations and integrating into existing software
• Efficient transformation of physical documents into structured digital data using OCR, Regex, and AI technologies
• API-based solution providing extraction data in JSON format for easy integration
• Optimization for mobile scanning to enhance accuracy for on-the-go data extraction
• Robust extraction methods through OCR, Regex, and AI to convert physical documents to digital data
• Support for multiple document types such as invoices and ID cards
• Enhanced accuracy for documents scanned with mobile devices
• Seamless and accurate data extraction from various documents including receipts, invoices, and ID cards
• Supports a wide array of document types catering to diverse business needs
• User-friendly, low or no-code platform through a web portal for managing parsing configurations and integration
• Returns extraction results in JSON format ideal for various business applications
• Mobile phone scanning feature for high accuracy on-the-go data extraction
• Robust extraction methods using OCR, Regex, and AI technologies
• Optimization for mobile scanning enhancing accuracy for documents from mobile devices
• Enhances efficiency by boosting API integration into existing systems
• Ensures data security and compliance with high standards and relevant regulations

Who is Formx.ai for?

• Business Managers
• HR Managers
• Banking professionals
• Business Certificates Managers
• HR personnel
• Finance professionals
• Document managers
• Developers
• Business professionals
• Data scientists
• Engineers
• Accountants
• Human Resources professionals
• Security analysts
• Software developers
• Data Entry Specialists
• ERP system users
• Human Resources Managers
• Business certificates management
• HR forms handling
• Bank statements management

How to use Formx.ai?

FormX.ai is a powerful tool for streamlining data extraction from various documents using OCR, Regex, and AI technologies. Here is a guide on how to use FormX.ai effectively:

1. Document Types: FormX.ai supports a wide range of document types including receipts, invoices, ID cards, HR forms, and more.

2. API Integration: Seamlessly integrate FormX.ai into your software using its API-based solution to retrieve data in JSON format, enabling easy integration into various business applications.

3. Accuracy and Latency: The accuracy of extraction varies based on image quality but generally reaches at least 70%. The latency for receipt processing is typically 4-8 seconds, excluding image uploading time.

4. Security: FormX.ai ensures data security and compliance with high standards, providing peace of mind for users.

5. Customization: For enterprise clients, tailored SLAs and volume discounts are available, along with the option for private cloud deployment.

6. Mobile Scanning: The mobile scanning feature optimizes image quality for accurate data extraction on-the-go.

7. User-Friendly Interface: Utilize the user-friendly web portal for managing parsing configurations and effortlessly incorporating FormX.ai into your workflow.

8. Pricing: Request a personalized quote to explore pricing options based on your document processing needs.

By following these steps, users can leverage FormX.ai's capabilities to automate data extraction, enhance efficiency, and unlock the potential of their documents for business success.