Rossum Alternative

Enterprise-only cognitive AI for invoice processing. Extremely powerful but requires 10,000+ invoices/year minimum. Best-in-class for Fortune 500 companies.

AI ParserLondon, UK / Prague, Czech RepublicFounded 2017

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Company Overview

About Rossum

Enterprise-only cognitive AI for invoice processing. Extremely powerful but requires 10,000+ invoices/year minimum. Best-in-class for Fortune 500 companies.

Team Size:100-200
Funding:$37M+ (Series B)

Target Market

Large enterprises (Fortune 500) processing 50,000+ invoices annually

Business Size:

enterprise

Industries:

ManufacturingLogisticsRetailHealthcare

Geography:

Global

Features Overview

AI-Powered

UK Compliance

VAT Support

CIS Support

Automation

Mobile App

API Access

Custom Templates

Multi-Currency

Batch Processing

OCR Accuracy: 99.5%

Accounting Integrations

SAPOracleWorkdayNetSuiteQuickBooks

Pricing Structure

Enterprise

USD5000/month
  • Minimum 10,000 invoices/year

  • Custom AI models

  • Dedicated support team

  • Implementation services

  • SLA guarantees

  • On-premise options

Pros & Cons

Strengths

6
  • Extremely powerful AI (best for complex invoices)

  • Handles multi-page, multi-supplier formats

  • Strong enterprise support

  • Continuous learning system

  • Human-in-the-loop workflows

  • Excellent for high-volume processing

Weaknesses

6
  • Enterprise-only pricing (SMBs cannot afford)

  • Long implementation time (3-6 months)

  • Requires dedicated team to manage

  • No self-service option

  • Overkill for businesses <10,000 invoices/year

  • Complex contracts and pricing

Customer Reviews

4.8

Overall Rating

4.8

G2

Common User Feedback

"Best AI but incredibly expensive"

"Perfect for large enterprises"

"Implementation takes forever"

"Too complex for our needs"

Why Choose Elektroluma Over Rossum?

Elektroluma Advantages

AI-Powered Automation

Automated invoice parsing and data extraction with 99% accuracy. No manual data entry required.

90% Faster Processing

Process invoices in under 5 seconds vs 5-10 minutes manual entry. Save hours every week.

UK-First Compliance

Built-in VAT, CIS, and HMRC compliance. Designed specifically for UK small businesses.

UK Data Residency

All data stored in UK data centers. GDPR compliant with UK-based support team.

Key Differentiators

SMB vs enterprise-only

£29/mo vs $5,000+/mo

Self-service vs 6-month implementation

UK SMB focus vs Fortune 500

Same AI technology, simpler UI

Target Rossum rejected leads (too small)

Easy Migration Path

Not a direct competitor - mention as "Rossum for enterprises, Elektroluma for SMBs"

Research & Comparison Resources

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