Software Alternatives, Accelerators & Startups

DealRoom VS Docsumo

Compare DealRoom VS Docsumo and see what are their differences

DealRoom logo DealRoom

M&A Lifecycle Management Software

Docsumo logo Docsumo

Extract Data from Unstructured Documents - Easily. Efficiently. Accurately.
  • DealRoom Landing page
    Landing page //
    2020-09-25

DealRoom is the industry’s leading project management software that creates a better M&A experience for you and your client. Data storage, diligence tracking, and communication tools are all on one integrated smart platform, which allows users to eliminate duplicate work, track progress, and get insightful analytics. Our technology makes M&A deals more predictable, consistent, and Agile.

  • Docsumo Landing page
    Landing page //
    2022-12-30

Docsumo is an intelligent document processing platform for financial services firms. Docsumo helps businesses and enterprises extract data from documents, analyze that data and detect document fraud.

Docsumo’s technology reduces back-office costs by up to 70% and increases productivity by 50%. For every million documents processed by a bank at about $1 per document, DocSumo can directly save $700k. What differentiates Docsumo is that their technology can read non-standardised documents such as bank statements, invoices, pay stubs and contracts with over 99% accuracy and more than 95% straight-through processing.

Docsumo features include:-

✅Data Capture from forms, semi-structured and unstructured financial documents ✅Pre-Trained API stack for loan application, insurance compliance, invoices, supply chain management, and Commercial Real Estate applications ✅Review & edit tool that allows you to click on any text in a document to capture data without manual entry ✅Out of the box API endpoint (accessible via Settings page) & option to download CSV ✅Multiple learning mechanism to ensure maximum accuracy ✅Simple pay as you go pricing ✅Ability to customize fields from the frontend ✅Define templates for recurring documents ✅Self-train neural network on your dataset

Choose Docsumo, if you want to:- - Automate the document data extraction end-to-end - Efficiently scale your process and your business eliminating manual data entry - Reduce risk by validating data

DealRoom

$ Details
paid Free Trial $1250.0 / Monthly (Single project, Unlimited users, 5GB data storage)
Platforms
Web Browser Google Chrome Safari Firefox Windows iPhone
Release Date
-

Docsumo

$ Details
paid Free Trial $500.0 / Monthly (Growth Plan | 3 Users | Pre-trained APIs for 3 document types)
Platforms
Web
Release Date
2019 October

DealRoom features and specs

  • Data Room: Yes
  • Diligence management: Yes
  • Pipeline management: Yes
  • Integration management: Yes
  • File storage: Yes
  • Deal management: Yes
  • Document management: Yes
  • Document Storage: Yes
  • Document Distribution: Yes

Docsumo features and specs

No features have been listed yet.

DealRoom videos

DealRoom General User Demo

More videos:

  • Review - DealRoom - Close Deals Faster || DealRoom Review by Auctus Group || Auctus Group Testimony
  • Review - Product Webinar | DealRoom Software
  • Tutorial - DealRoom Office Hours with Harrison Thomas

Docsumo videos

Document AI Platform Explainer Video (Docsumo)

More videos:

  • Demo - Docsumo Demo
  • Review - Extract tables from PDF/Image for Free | Convert PDF to Excel/CSV/JSON with Docsumo
  • Tutorial - Docsumo Review Tool - How to view & correct extracted data

Category Popularity

0-100% (relative to DealRoom and Docsumo)
Project Management
100 100%
0% 0
Data Extraction
0 0%
100% 100
Virtual Data Room
100 100%
0% 0
OCR
0 0%
100% 100

User comments

Share your experience with using DealRoom and Docsumo. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, Docsumo seems to be more popular. It has been mentiond 2 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

DealRoom mentions (0)

We have not tracked any mentions of DealRoom yet. Tracking of DealRoom recommendations started around Mar 2021.

Docsumo mentions (2)

  • Docsumo Nepal
    Aayush here from Docsumo.com, we are a Document AI platform that empowers tech & ops teams to scale operations effortlessly by capturing, validating & analyzing unstructured documents. We recently raised $3.5 Million from Marquee investors. Source: over 1 year ago
  • Opportunity for data scientists
    Check out our website https://docsumo.com/ and blog https://docsumo.com/blog for more details. Source: almost 2 years ago

What are some alternatives?

When comparing DealRoom and Docsumo, you can also consider the following products

Taiga - Project management platform for agile developers & designers

DocParser - Extract data from PDF files & automate your workflow with our reliable document parsing software. Convert PDF files to Excel, JSON or update apps with webhooks.

Leantime - Lean project management for startups & small teams

Nanonets OCR - Intelligent text extraction using OCR and deep learning

Plan.io - Planio makes web based project management and team collaboration more efficient and fun. It is the perfect platform for your projects, team members and clients.

Amazon Textract - Easily extract text and data from virtually any document using Amazon Textract. Textract goes beyond simple optical character recognition (OCR) to also identify the contents of fields in forms and information stored in tables.