Ephesoft Transact vs OpenText Magellan AI-Augmented Capture [EOL] comparison

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Executive Summary

We performed a comparison between Ephesoft Transact and OpenText Magellan AI-Augmented Capture [EOL] based on real PeerSpot user reviews.

Find out what your peers are saying about ABBYY, Automation Anywhere, UiPath and others in Intelligent Document Processing (IDP).
To learn more, read our detailed Intelligent Document Processing (IDP) Report (Updated: April 2024).
767,667 professionals have used our research since 2012.
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Here are some excerpts of what they said:
Pricing and Cost Advice
  • "Initially, when I got a licensed copy of Ephesoft Transact, it was for one year. After one year, we had to send an email to the Ephesoft team informing them that our license was going to expire. They updated it and provided one license in our file, and we had to update and install the folder. They have versions for one year and lifelong as well."
  • "Transact's pricing could be better for smaller customers."
  • More Ephesoft Transact Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:I have found the keyword extraction to be helpful.
    Top Answer:The pricing is fair. It's not too expensive. I'd rate the solution seven out of ten.
    Top Answer:The configuration can be a bit much. The AML engine part could be better. It's not easy to train. It's not so easy to train the system. If it's not trained, the accuracy will be off. They need to… more »
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    Comparisons
    251
    Reviews
    1
    Average Words per Review
    593
    Rating
    6.0
    Unranked
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    Overview

    Ephesoft provides intelligent document processing solutions with industry-leading technology to help enterprises maximize their productivity. Using AI and patented machine learning technology, Ephesoft’s platform captures data from documents, enriches it with context and amplifies the power of that data, adding intelligence to accelerate any business process and drive successful digital transformation. Once the data is unlocked, Ephesoft classifies it and easily export the data into any ERP, Content Services, RPA, Workflow or other repository.

    Customers who have a high volume of valuable documents like invoices, records, contracts, mail, claims or loans, can benefit by accelerating and streamlining processes, eliminating manual data entry and boosting productivity. It’s time to automate your processes and get work done faster.

    AI-augmented capture is a data analytics solution that takes content capture to the next level. Leveraging artificial intelligence (AI), it improves business processes by augmenting capture with institutional knowledge derived through machine learning to automate classification, entity extraction and routing at scale. Information is captured from content in documents and routed to the appropriate workflow, based on context and priority, from the moment it enters the enterprise.

    Sample Customers
    Honda Logistics, Washington State Health Care Authority
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    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company21%
    Financial Services Firm21%
    Retailer7%
    Wholesaler/Distributor5%
    No Data Available
    Company Size
    VISITORS READING REVIEWS
    Small Business19%
    Midsize Enterprise18%
    Large Enterprise63%
    No Data Available
    Buyer's Guide
    Intelligent Document Processing (IDP)
    April 2024
    Find out what your peers are saying about ABBYY, Automation Anywhere, UiPath and others in Intelligent Document Processing (IDP). Updated: April 2024.
    767,667 professionals have used our research since 2012.

    Ephesoft Transact is ranked 12th in Intelligent Document Processing (IDP) with 3 reviews while OpenText Magellan AI-Augmented Capture [EOL] doesn't meet the minimum requirements to be ranked in Intelligent Document Processing (IDP). Ephesoft Transact is rated 7.6, while OpenText Magellan AI-Augmented Capture [EOL] is rated 0.0. The top reviewer of Ephesoft Transact writes "A stable and scalable smart content acquisition and data classification solution with a useful inject feature". On the other hand, Ephesoft Transact is most compared with ABBYY Vantage, OpenText Intelligent Capture and Tungsten RPA, whereas OpenText Magellan AI-Augmented Capture [EOL] is most compared with .

    See our list of best Intelligent Document Processing (IDP) vendors.

    We monitor all Intelligent Document Processing (IDP) reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.