Overview
What is Rossum?
Rossum, from the company of the same name in London, allows businesses to automate data extraction from documents with Artificial Intelligence. The Rossum Data Capture tool allows the user to automatically capture invoice data.
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Product Details
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What is Rossum?
Rossum is an AI-based cloud document gateway for automated business communication. Rossum solves four key steps in document-based processes at once: receiving documents across multiple channels, automated understanding, two-way communication to resolve exceptions, and acting on the data using in-depth integrations. The vendor's value proposition is:
Zero-friction deployment: High AI accuracy out of the box and reduced maintenance effort thanks to cloud hosting and automated self-learning.
Highly customizable: Implement configuration APIs or engage Rossum’s dedicated Global Services team as an enterprise user.
Unified document gateway: Solve everything from security and compliance to IT and user training in one place.
End-to-end solution: Rossum’s cloud platform takes care of the entire document lifecycle from receiving to internal IT systems posting.
ISO 27001 certified and HIPAA compliant, Rossum is boasts users among: Pepsico, Veolia, Siemens, Cushman & Wakefield, and other companies that prefer to build rather than type.
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Rossum Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
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Operating Systems | Unspecified |
Mobile Application | Apple iOS, Android, Mobile Web |
Supported Countries | Global |
Supported Languages | English, Spanish, German, French, Czech, Estonian, Finnish, Irish, Hungarian, Italian, Latvian, Lithuanian, Norwegian, Polish, Portuguese, Slovak, Swedish |
Rossum Downloadables
- Read this whitepaper about the benefits of Artificial Intelligence to learn more about new technology.
- Read a case study about Rossum's and EY's cooperation towards next-generation end-to-end invoice processing.
- Molson Coors implements a cognitive data capture tool to improve its document processing.
- At Cushman&Wakefield, automated data capture frees 70% of managers' time. Read to find out how.
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Users of Rossum have experienced numerous benefits and use cases when utilizing the software. One of the main advantages is the ability to effortlessly extract text from documents with astonishing accuracy, saving users invaluable time and effort. The software's powerful machine-learning algorithms extract data from invoices and other financial documents with a high degree of precision, drastically reducing the time spent on manual data entry. This automation feature not only reduces manual labor but also streamlines the process of handling a large volume of invoices and purchase orders.
The user interface of Rossum has been highly praised for its intuitiveness and user-friendliness, making it easy for teams to quickly get started and up and running. Additionally, the flexibility of the software allows for customization to meet the specific needs of businesses, including the recognition and extraction of data from custom invoice templates. Integration with GED and Accountancy systems further enhances its usability, allowing for custom implementation and the creation of innovative SaaS products.
Users appreciate the workflow efficiency provided by Rossum, as well as the reduction in time spent on invoice processing. The accuracy and correctness of data extraction are also highly valued, as it helps avoid manual importing errors. Compared to competitors, Rossum stands out by improving document validation time, accurately highlighting and reading data, reducing manual entry errors, and increasing confidence in the program's AI capabilities.
While some users have positive experiences with Rossum's user-friendly interface, automation features, accurate data extraction, and flexibility, others mention challenges with complex setup, difficulty in accurately extracting data from certain document types, and limited language support. Nevertheless, overall feedback has been positive with users reporting significant improvements in AP processes through automating tasks such as invoice entry into SAP, capturing provider and client information from invoices, reducing data entry workload, improving efficiency in auditing processes, eliminating manual filing of invoices, capturing data from long documents without manual typing, validating invoices for live projects, automating accounting processes, decreasing turnover time of documents, and optimizing accounting processes through automation.
In summary, Rossum provides a valuable solution for streamlining invoice processing, automating AP functions, reducing manual data entry workload, improving efficiency in auditing and document processing, and optimizing accounting processes. It has proven to be a time-saving tool with its accurate data extraction capabilities and user-friendly interface.
Effortless Text Extraction: Users find Rossum's OCR tool remarkable for effortlessly extracting text from documents with astonishing accuracy, saving them valuable time and effort. Several reviewers have stated that the technology provided by Rossum is a game-changer as it streamlines document management processes and makes information more accessible.
Exceptional Customer Support: Reviewers highly praise Rossum's exceptional team, specifically mentioning individuals like Kineret and Katarina Mazaniova, for their expertise and genuine care. Many users appreciate Kineret's knowledge in the field of OCR, evident from the very first conversation, providing insightful suggestions and guiding them with expertise. Additionally, users value Katarina Mazaniova's warmth and accessibility in addressing concerns or issues. The customer support team at Rossum is praised for their willingness to help, speed of response, webinars, monthly meetings, and introducing new features.
User-Friendly Interface: Users highlight the user-friendly interface of Rossum's software which allows them to get started without practical training. They find the UI incredibly intuitive and simple to navigate. This ease of use has greatly contributed to their work efficiency.
Cumbersome and Challenging to Work With: Some users have found Rossum's software to be cumbersome and challenging, especially when dealing with unstructured and inconsistent invoices. They suggest that the tool could benefit from having more features like logs or activities information on a queue to maintain it more efficiently.
Updates and Communication: Users mentioned that updates can take a while to configure and that the frequent change of representatives can be time-consuming. They also stated that sometimes there are updates that are not communicated ahead of time or take a while to configure. However, they appreciated the helpfulness of the support team.
Expensive Pricing: Several users have found Rossum's tool to be expensive based on their use cases. They mention that it may not fit well within a limited budget and may not be the cheapest option available.
Users recommend trying Rossum and discussing needs and expectations with their helpful and dedicated support team. They stress the importance of training the team early and encouraging adoption of the system.
Users also highlight the value of Rossum for automating accounts payable (AP) workflows and capturing invoices. They consider Rossum to be a solid solution for AP invoice automation, appreciating the demonstrated implementation of valuable OCR technology and its expected business benefits.
Additionally, users suggest involving Subject Matter Experts for the initial annotation training. They also recommend doing a proof of concept with Rossum to compare its performance with other vendors in order to make an informed decision.
Overall, users regard Rossum as a great and intuitive system, but some express concerns about the pricing being too expensive for ordinary users. Nonetheless, they still recommend choosing Rossum for a decision that will bring positive changes.