Effortless Intelligent Document Processing
Harness the power of Parsee for intelligent document processing (IDP) like data extraction and sentiment analysis. All major document types (PDF, HTML, Email, Image) supported. No coding required, just streamlined, efficient document data aggregation. Elevate your operations with SimFin.
Save Time - Automate your Extraction
Fast Setup - AI Assisted Labeling
Scale up - Pay per Document and Try for Free
On-Premise Solutions for Self-Hosting
Intelligent Parsing of Your Documents
Maximize efficiency with streamlined data extraction
Discover the power of Parsee's meticulously curated data extraction processes, rigorously vetted for unparalleled accuracy. Our platform offers seamless document analysis and effortless application integration. Effortlessly extract text, tables, values and sentiment to supercharge your document data management. Successfully applied to over 250k documents and millions of pages.
Text, Tables, Images
Custom Classification Models
The Data Extraction Trinity
Capture every critical detail from a variety of sources—PDF, HTML, Email, or Image—ensuring no valuable data point goes unnoticed.
Transform raw, unstructured data into actionable insights with unparalleled precision, using either LLMs or tailor-made ML modules.
Easily adapt your data for multiple applications and platforms, with seamless conversion to formats like CSV, Excel, or JSON.
Key features that set us apart
Unlock the full potential of intelligent document processing with our cutting-edge features. Start right away with no dataset required, enjoy smart classification with LLMs, achieve effortless data correction, and experience tailored precision at lower costs.
Optimize Your Daily Workflow with Smart Data Extraction
Legal & Finance
News & Media
What happy SimFin customers say
about the quality of data extracted by SimFin
"We are using SimFin for our own application. The team is very responsive and data quality is very good."
I really enjoy the api experience. Handling the dataframes makes the data manipulation simple and is exactly what I would do if were to aggregate the data from SECEdgar myself. Simfin saves me a few steps.
I'm using SimFin for a personal project: predicting stock market returns with machine learning. SimFin has a wealth of data to experiment with and train models on!
Data quality is high, servers are super stable (2-3 days off during my 2 year membership), instant support, incredible price. Absolute no-brainer for me. Thanks so much, enables me to do much better personal investments.
SimFin is a great place to get reliable and updated data on the fundamentals. Perfect for anybody that want to do their own analysis of data. Would love to see the Swedish stock market data covered in the future Thank you for a great service
Simple, easy and flexible way of collecting the data I use for analysis.
Get quick answers
For which business cases Parsee's Document Processing (IDP) can be used for?
Parsee is versatile and can be applied across a variety of business scenarios. Some of the key use-cases include:
Financial Analysis: Extract and analyze key financial metrics from annual reports, balance sheets, and income statements.
Enterprise Wikis: Leverage Parsee's AI chatbot for swift, complex searches across all corporate documents. Benefit from accurate insights via Large Language Models, improving decision-making and operational efficiency.
Market Research: Gather and evaluate data from market trends, consumer behavior, and competitor analysis reports.
Contract Management: Automate the extraction of essential terms, conditions, and clauses from contracts and legal documents.
Invoice Processing: Streamline your accounts payable by automatically extracting and organizing data from invoices.
Customer Feedback: Analyze customer reviews and surveys to gain insights into customer satisfaction and areas for improvement.
Compliance Monitoring: Ensure that your business adheres to industry regulations by extracting and analyzing relevant data from compliance documents.
Sentiment Analysis: Evaluate public sentiment on various topics, such as stock performance or product reviews, to inform business decisions.
Content Aggregation: Collect and organize data from multiple sources for content curation or news aggregation platforms.
Whether you're in finance, healthcare, retail, or any other sector, SimFin's Document Data Extraction tool can be tailored to meet your specific business needs.
How does Parsee's AI-driven processes differ from traditional methods?
Our AI-driven methodology offers unparalleled accuracy, efficiency, and flexibility over traditional extraction techniques. Here's how we stand out:
Zero Initial Labeling: Start immediately without the need for an initial dataset, a requirement most competitors insist upon.
Zero-Shot Classification: Utilize the capabilities of Language Learning Models (LLMs) like ChatGPT for user-prompted, zero-shot classification.
Integrated Labeling Tool: Easily view and correct model classifications with our built-in labeling feature.
Custom Model Training: Benefit from our inbuilt feedback loop for custom model training, offering cost-effective and precise results once your dataset is established. LLMs are particularly useful for initial dataset creation.
On-Premise Hosting: We offer self-hosting options for handling confidential documents securely.
Can I use Parsee for non-financial data extraction projects?
Absolutely, Parsee is designed to be versatile and can be applied to a wide range of non-financial data extraction projects as well. Whether you're looking to analyze market trends, extract key information from legal documents, or gather data from customer reviews, our platform offers the flexibility to handle various types of data extraction. With features like zero-shot classification, inbuilt labeling tools, and custom model training, you can tailor the tool to meet your specific project requirements, regardless of the industry you're in.
Does Parsee offer also sentiment analysis for documents?
Yes, sentiment analysis is a key feature of Parsee. You can customize your analysis with specific queries such as, "What is the document's sentiment concerning Apple's future stock performance? Positive, Neutral, Negative". Alternatively, you could assess the likelihood of the Liberal party's electoral victory from latest news articles, gauging it as 'High,' 'Medium,' or 'Low.'
How has SimFin optimized the data capture process?
SimFin has revolutionized the data capture process through a series of innovative updates and features, making it one of the most advanced document extraction tools in the industry. Here's how we've optimized the process:
Machine Learning and NLP: Since its initial launch in 2017, SimFin's tool has utilized cutting-edge machine learning and natural language processing technologies to automate the extraction of financial data from PDF and HTML documents.
Custom Classifier Scheme: The tool employs a unique custom classifier scheme, specifically designed for the accurate recognition and transformation of financial tables.
User-Friendly QA Interface: In 2022, we introduced a Quality Assurance (QA) interface that allows human operators to make quick and efficient corrections, enhancing the tool's accuracy.
Next-Generation Update: In August 2023, the tool was completely revamped to include a user-friendly UI for manual document uploads, a visual editor for viewing raw text and numerical data, and the ability to choose from a range of specific LLM models or industry-specific classification templates.
ChatGPT Prompts: The tool also enables users to identify data via ChatGPT prompts, offering an intuitive way to interact with the system.
Sentiment Data Extraction: Beyond text and table figures, the tool can also analyze the sentiment of financial news and stock reviews, providing a more comprehensive data set.
Feedback Loop: A built-in feedback loop mechanism allows the tool to learn from any extraction errors, continuously refining its algorithms for future performance.
API Access: For those looking for more advanced integration, the tool offers robust API access, enabling automated document uploads and real-time data feeding.
Proven Results: The tool has successfully extracted data from millions of pages, achieving a 96% reliability rate.
By combining these features and capabilities, SimFin has optimized the data capture process to offer unparalleled accuracy, speed, and scalability.
Is there a learning curve to using the Parsee platform?
SimFin has designed its document extraction tool Parsee with user-friendliness in mind, aiming to minimize the learning curve for users of all experience levels. Here's how we've made it accessible:
User-Friendly UI: The tool features a user-friendly interface that allows even those with limited experience to easily upload and extract documents. The UI is intuitive, making it simple to navigate and perform basic operations.
Visual Editor: Our August 2023 update introduced a visual editor that lets you view raw text and numerical data, providing a straightforward way to understand what is being extracted.
ChatGPT Prompts: For those who prefer a more interactive approach, the tool allows users to identify data via ChatGPT prompts, making the extraction process more conversational and intuitive.
Quality Assurance Interface: Introduced in 2022, the QA interface is designed for human operators to efficiently correct any errors, ensuring high accuracy without requiring extensive training.
API Access for Advanced Users: For those with technical expertise, our robust API offers a seamless way to integrate advanced extraction capabilities into existing workflows. However, using the API may require some familiarity with programming.
Comprehensive Resources: We offer detailed guides, tutorials, and customer support to assist you in getting the most out of our platform.
Customizable Features: The tool allows you to choose from a range of specific LLM models or industry-specific classification templates, offering flexibility without complexity.
While the platform is built to be as user-friendly as possible, the level of learning curve may vary depending on your specific needs and technical expertise. However, with our range of features designed for ease of use and the support resources available, most users find it quick and easy to get started with SimFin's platform.
How does SimFin ensure the clarity of extracted data?
SimFin places a high priority on ensuring that the data extracted using our tool is clear, accurate, and easily interpretable. Here's how we achieve this:
Custom Classifier Scheme: Our tool uses a custom classifier scheme specifically designed for the accurate recognition and transformation of financial tables. This ensures that the data extracted is relevant and organized in a manner that is easy to understand.
Quality Assurance (QA) Interface: Introduced in 2022, our QA interface allows human operators to review the extracted data. This additional layer of scrutiny ensures that any anomalies or errors are corrected, enhancing the clarity and accuracy of the data.
Visual Editor: As of our August 2023 update, the tool includes a visual editor that allows users to view raw text and numerical data. This feature provides an additional check to ensure that the data being extracted aligns with what is actually in the document.
Industry-Specific Templates: The tool allows users to choose from industry-specific classification templates, ensuring that the data is categorized in a way that is standard for your field, thereby improving its clarity.
ChatGPT Prompts: For a more interactive experience, users can identify data via ChatGPT prompts. This feature allows for real-time clarification, ensuring that the data extracted is exactly what the user is looking for.
Feedback Loop: Our tool includes a feedback loop mechanism that learns from any extraction errors. This continuous improvement ensures that the tool gets better over time, further enhancing the clarity of the data extracted.
Sentiment Data: Beyond just figures and text, our tool can also analyze the sentiment of financial news and stock reviews, providing a more comprehensive and clear picture of the financial landscape.
Proven Track Record: With a 96% reliability rate and millions of document pages successfully extracted, our tool has demonstrated its ability to deliver clear and accurate data.
By combining these features and mechanisms, SimFin ensures that the data extracted using our tool is of the highest clarity and accuracy, making it a reliable choice for your financial analysis needs.
Can Parsee integrate with my existing tools and platforms?
Absolutely! Parsee is designed to seamlessly adapt and tailor data for a wide range of applications and platforms.
Is my data secure with SimFin?
Security is paramount at SimFin. We implement robust measures to safeguard your data's integrity and confidentiality. Additionally, we offer on-premise solutions for local server installations.