FormX.ai vs StractusAI Detailed comparison features, price

FormX.ai

FormX.ai is an AI-powered platform designed to automate data extraction and processing from a wide range of documents. It offers intelligent document processing, optical character recognition, and streamlined workflows to enhance business efficiency.

The platform utilizes advanced AI, including LLM technology, to improve data extraction accuracy. FormX.ai allows users to switch between vision and LLM models, features guardrails for model stability, provides optimized prompt engineering and supports fine-tuning of LLMs using real world feedback, and allows to mix multiple models for different document types.

StractusAI

StractusAI offers a powerful AI-driven platform that streamlines the extraction of structured data from diverse documents such as invoices, receipts, resumes, contracts, and images. By understanding business context and various data layouts, the tool delivers rapid, highly accurate data extraction, significantly reducing the time and cost associated with manual entry processes.

Users can define their own extraction schemas to tailor the AI's output to specific business needs, enabling seamless integration of extracted data into analysis workflows or existing systems. StractusAI supports a broad range of file types and provides real-time analytics, helping businesses optimize operations, reduce errors, and focus team efforts on strategic growth rather than repetitive tasks.

Pricing

FormX.ai Pricing

Freemium

From $299

FormX.ai offers Freemium pricing with plans starting from $299 per month .

StractusAI Pricing

Freemium

From $29

StractusAI offers Freemium pricing with plans starting from $29 per month .

Features

FormX.ai

Intelligent Document Processing: Automate data extraction from any document.
Optical Character Recognition: Unlock the power of your PDFs with text extraction.
Custom Builders: Create custom extractors to fit specific document needs.
API Integration: Seamlessly connect FormX.ai to existing systems.
Production-Ready Data with LLMs: Guardrails ensure model stability and prevent hallucinations in production environments.
Optimized Prompt Engineering: Continuously improve accuracy with new prompting techniques and input data preprocessing.
Fine-Tune LLMs with Production Data: Continuously fine-tune LLMs using real-world feedback.

StractusAI

Instant Data Extraction: Obtain structured information from documents in seconds.
Custom Schema Setup: Define personalized rules and data points for extraction.
Wide Format Support: Processes PDFs, images, scanned files, and unstructured documents.
Scalability: Handles batch document processing for businesses of any size.
Advanced Analytics Dashboard: Real-time monitoring and extraction analytics.
Priority Support: Offers rapid assistance for professional and enterprise users.
High Accuracy: AI extracts relevant data with context-awareness and minimal error.

Use Cases

FormX.ai Use Cases

Streamline finance operations
Enhance HR operations
Drive operational excellence in retail
Simplify legal and business documentation
Elevate customer service

StractusAI Use Cases

Automating invoice and receipts data entry for accounting teams.
Extracting candidate information from resumes for HR departments.
Processing contracts or legal documents to digitize structured data.
Capturing form data and converting scanned documents for database storage.
Streamlining compliance documentation across industries.

FAQs

FormX.ai FAQs

What does "100 free pages" mean?

All document extractions via our web portal or through APIs are counted as 1 API call. On the free plan, your first 100 calls are on us for you to try out FormX.ai and feel free to contact us if you need help.
Do you save or encrypt any uploaded document?

We only save the master document uploaded to our web portal, or the documents you uploaded for training a custom models. Any images uploaded via API or web portal test are in-memory only and disposed once extraction is done. We will not use your document for optimizing our AI models or any other purposes unless you request us to do so.All API calls are encrypted with HTTPS.
Do you offer volume discount or private cloud deployment?

Yes, we work with enterprises to customize the plan that suits their needs. Please contact us!
What is the accuracy for receipt extractions?

Accuracy rate depends on a lot of factors, and it also depends on how accuracy are defined.As a reference, most of our previous clients would have at least 70% of accuracy by fields.If we limit to only images with good quality (no blur, no lighting problems), from our client’s feedback, general fields such as date, time & amount can have accuracies over 90%.You can contact us with around 100 receipts as sample, and we will share an accuracy report with you.
What are the latency for receipt processing?

Usually it is 4 - 8 seconds, excluding the image uploading time. (It is not a SLA commitment)Image uploading time will depend on the image file size and network speed, which we have no control on. We suggest you to resize the images to a smaller one to reduce the uploading time.If you need a better latency or a SLA commitment, please contact us for an Enterprise plan.

StractusAI FAQs

What types of documents can StractusAI process?

StractusAI supports a wide range of document formats including PDFs, images (JPG, PNG), scanned documents, invoices, receipts, contracts, forms, resumes, and more, handling both structured and unstructured documents.