Free Trial
Free
14-day trial
100 pages
1 user
Basic support
Users:
1
Pages:
100/month
Docsumo is an AI-powered document processing platform that automates invoice data extraction with 99% accuracy. Built for finance teams, the platform handles unstructured documents and transforms them into structured data 10x faster than manual processing.
Docsumo is an AI-powered document processing platform that automates invoice data extraction with 99% accuracy. Built for finance teams, the platform handles unstructured documents and transforms them into structured data 10x faster than manual processing.
Mid-market to enterprise finance teams in lending, insurance, CRE, and logistics
Business Size:
mediumIndustries:
Geography:
AI-Powered
UK Compliance
VAT Support
CIS Support
Automation
Mobile App
API Access
Custom Templates
Multi-Currency
Batch Processing
OCR Accuracy: 99%
14-day trial
100 pages
1 user
Basic support
Users:
1
Pages:
100/month
3,000 pages/month
Up to 3 users
API access
Webhooks
AI prompting
Pre-built integrations
1-year data retention
Users:
3
Pages:
3000/month
Up to 10 users
Custom validations
Classification & splitting
Email parsing
Dedicated account manager
Private Slack channel
Users:
10
Unlimited users
Custom fine-tuned models
AI workflows
Document analytics
Priority processing
Custom data retention
Exceptional 99% accuracy with continuous learning
Strong API-first approach for developers
Excellent table extraction capabilities
95%+ straight-through processing rate
SOC 2, GDPR, HIPAA compliant
Process documents 10x faster than manual entry
Expensive for SMBs (£499/month minimum)
No UK-specific compliance features (VAT, CIS)
No mobile app for on-the-go processing
Complex pricing structure with per-page costs
Steep learning curve for non-technical users
14-day trial too short to test thoroughly
Overall Rating
G2
Capterra
"What took days now only takes seconds - 7 minutes down to 30 seconds"
"95%+ STP rate means we don't review 95 out of 100 documents"
"Very good for debt settlement letters with high variability"
"Best document AI solution for CRE lenders"
Automated invoice parsing and data extraction with 99% accuracy. No manual data entry required.
Process invoices in under 5 seconds vs 5-10 minutes manual entry. Save hours every week.
Built-in VAT, CIS, and HMRC compliance. Designed specifically for UK small businesses.
All data stored in UK data centers. GDPR compliant with UK-based support team.
Elektroluma is 94% cheaper (£29/mo vs $499/mo minimum)
Built specifically for UK compliance (VAT, CIS, Gas Safe)
Mobile-first for tradespeople on job sites
No per-page costs - truly unlimited processing
Simple pricing with no hidden setup fees
Trade-focused vs. enterprise-focused
Docsumo users facing high costs can save £400+/month with Elektroluma while maintaining 99% accuracy. Export existing invoices and migrate UK clients to Elektroluma's trade-focused platform.
San Francisco, USA
Enterprise AI invoice parser with 99% accuracy
Usage-based model
Multi-currency
99% OCR accuracy
Full automation
Full API access
Batch processing
Pricing:
Pay-as-you-goUnited States
OCR for invoices and bank statements
Subscription model
Multi-currency
97.5% OCR accuracy
Full automation
Batch processing
Starting at:
USD 39/moLondon, UK / Prague, Czech Republic
Enterprise cognitive AI for invoices
Enterprise model
UK Compliance
Multi-currency
99.5% OCR accuracy
Full automation
Full API access
Batch processing
Starting at:
USD 5000