ReadSoft Online
USD2000/year
Cloud-based SaaS
Subscription pricing
Lower upfront costs
Adaptive self-learning OCR
ERP integration
Tungsten Automation (formerly Kofax) offers enterprise invoice automation with ReadSoft Invoices for high-volume AP processing. It's designed for large organizations processing 1,000+ invoices/hour with deep ERP integration and complex workflows.
Tungsten Automation (formerly Kofax) offers enterprise invoice automation with ReadSoft Invoices for high-volume AP processing. It's designed for large organizations processing 1,000+ invoices/hour with deep ERP integration and complex workflows.
Fortune 500 and large enterprises with 10,000+ invoices/month
Business Size:
enterpriseIndustries:
Geography:
AI-Powered
UK Compliance
VAT Support
CIS Support
Automation
Mobile App
API Access
Custom Templates
Multi-Currency
Batch Processing
OCR Accuracy: 98%
Cloud-based SaaS
Subscription pricing
Lower upfront costs
Adaptive self-learning OCR
ERP integration
On-premise deployment
Unlimited invoices
Custom workflows
Dedicated support
Professional services
Process 1,000+ invoices/hour
Enterprise-grade for Fortune 500 companies
Process 1,000+ invoices per hour
Deep SAP integration (ReadSoft Process Director)
Excellent for high-volume AP departments
Adaptive self-learning OCR
Strong compliance and audit trails
Global deployment capabilities
Extremely expensive (£2,000-50,000+/year)
Complex implementation (6-12 months typical)
Requires dedicated IT team
Overkill for SMBs and mid-market
Old interface and technology
Poor user experience vs modern solutions
Not suitable for <1,000 invoices/month
No mobile capabilities
Overall Rating
G2
Capterra
"Powerful but complex - needed 6 months to implement"
"Great for SAP integration"
"Very expensive but handles our volume"
"Interface feels outdated compared to modern tools"
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 99.85% cheaper (£29/mo vs £4,000+/mo)
Setup in minutes vs 6-12 months
Designed for UK SMBs, not Fortune 500
Modern mobile-first interface
Perfect for 10-500 invoices/month
No IT team required
CIS support for UK construction
Tungsten is enterprise-only. UK SMBs should use Elektroluma instead - save 99% of costs while getting modern features designed for your scale.
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