HCL Technologies EXACTO vs Parascript FormXtra.AI comparison

EXACTO enables smart data extraction to accelerate invoice processing. HCL implemented the EXACTO™ product for the client's finance department that leverages Deep Neural Networking and Natural Language Processing to automate the data extraction in the processing of invoices.

Parascript FormXtra.AI SDK, intelligent document recognition, is an easy-to-use document classification, data location, extraction and validation solution. Our intelligent document recognition locates, extracts and validates any type of information from your documents including machine print, table data, images such as logos, signatures and all forms of handwriting—constrained and unconstrained handprint and cursive. This high performance SDK is a self-learning system that automatically configures rules and learns by itself in order to improve performance.