FormX

Introduction

FormX is a groundbreaking data extraction tool that makes use of artificial intelligence (AI) to transform paper documents into structured digital data. By automating the data extraction process from forms with the same layout, FormX enables users to streamline their document management and increase efficiency in a fast and accurate manner. With a user-friendly interface and a wide range of features, this tool is designed for businesses of all sizes and can be customized to suit specific needs. In this review, we will take an in-depth look at FormX's features, ease of use, customization options, insightful reporting, and pricing to help you determine if this tool is the right fit for your business.

TLDR

FormX is an innovative data extraction tool that uses AI to automate the data extraction process from paper documents. The platform offers several features, including form recognition, fast and accurate processing, easy set-up, customer support, full customization, and insightful reporting. With a user-friendly interface, the tool is suitable for businesses of all sizes and can grow with your needs. FormX offers a free plan for up to 100 API calls, and charges per API call for further extractions beyond that. Accuracy rates depend on several factors, and the company offers an accuracy report for clients with new projects. With FormX, users can streamline their document management and increase efficiency, ultimately saving time and money in the process.

Company Overview

FormX is an innovative data extraction tool that leverages artificial intelligence (AI) to transform physical documents into structured digital data. With its powerful features, the platform delivers an efficient and automated solution to businesses looking to streamline their document management processes. By automating data extraction from forms sharing the same format, FormX makes the once time-consuming and tedious process completely effortless.

FormX is designed to be a quick and user-friendly tool, requiring only a few simple setup steps to begin transforming physical documents into structured digital data. The platform is equipped with a variety of features that make this process as easy as possible, including automatic data extraction from forms sharing a similar format. Whether you're a small business owner or managing a large organization, FormX's wide range of features can be customized to suit your specific business needs.

FormX's core concepts are simple to understand and navigate. The platform is able to capture and extract insightful data from real-life physical documents, thanks to the power of artificial intelligence. FormX is able to extract data from forms of any format and automatically standardize the output data. Moreover, the tool can process handwritten text too, making it an excellent choice for businesses dealing with various types of forms and paperwork.

If you are unsure about FormX's capabilities or which features are best suited to your organization's needs, the company provides an overview of FormX's core concepts and offers useful tips to maximize the tool's potential. For those who want to learn more about what FormX has to offer, the company offers a free demo that provides additional insights into the platform's features.

In conclusion, FormX is a cutting-edge tool that can revolutionize the way businesses of all sizes process and manage their physical documents. With FormX, users can convert physical documents to structured digital data, streamline their workflows, and save time and money in the process.

Features

Data Extraction

Automated Extraction

FormX uses artificial intelligence to automate data extraction from physical documents. This means you can easily transform important information stored in physical forms into structured digital data, without the need for manual intervention.

Form Recognition

If you regularly deal with forms that have the same format, then FormX can help you quickly extract data from them. Thanks to its advanced form recognition technology, the tool can identify forms with similar layouts and automatically extract the required information from them.

Fast and Accurate Processing

FormX is designed to process data quickly and accurately, saving you time and reducing the likelihood of human error. By leveraging the power of AI, it can parse data from a wide variety of physical documents, including handwritten forms and receipts.

Easy Setup and Use

Simple Setup Process

FormX is incredibly easy to set up and use. With just a few simple steps, you can start taking advantage of its advanced features and functionality. The intuitive interface means you won't need any special training or expertise to get started.

Customer Support

If you have any questions or issues while using FormX, the friendly customer support team is always on hand to help. From installation to troubleshooting, they'll be there to assist you every step of the way.

Suitable for Businesses of All Sizes

Whether you're a small business owner or a large enterprise, FormX is designed to meet your needs. It's perfect for organizations that need to process a large amount of data quickly and accurately on a regular basis.

Fully Customizable

Custom Fields and Filters

FormX allows you to create custom fields and filters, so you can tailor it to your specific needs. This means you can extract the exact information you need from your physical documents, making the data usable and actionable.

Integration with Other Tools

FormX is designed to work seamlessly with other tools and platforms. It can be easily integrated with your existing software, such as your CRM or accounting system, so you can process data more efficiently.

Scalable Architecture

FormX is built on a scalable architecture, which means it can grow with your needs. If your business experiences a sudden surge in data processing demands, the tool can easily accommodate the extra workload.

Insightful Reporting

Real-time Analytics

With FormX, you can get real-time insights into your data. The tool offers comprehensive reporting and analytics, so you can quickly identify patterns and trends in your data. This allows you to make more informed business decisions.

Exportable Data

The data extracted by FormX can be easily exported to other tools and platforms. This means you can use the data in the applications you're already familiar with, such as Excel or Google Sheets.

Secure Storage

FormX stores your data securely in the cloud, so you don't have to worry about losing important information. The tool meets industry-standard security protocols, protecting your data from cyber threats and unauthorized access.

Pricing

FormX.ai offers a free plan that allows users to make up to 100 API calls via their web portal or through APIs, which are counted as 1 API call. The company charges on a per-call basis for all additional extractions beyond the free plan. The minimal throughput for Business Plan starts at 180 RPM for API calls without Product Line Item or 30 RPM for API calls with Product Line Item, without an SLA commitment.

FormX.ai's accuracy rate varies depending on several factors, including image quality and field type, and most previous clients have had an accuracy rate of at least 70% by field. For fields such as dates, times, and amounts, accuracy rates can go up to 90% with good quality images. Users may contact FormX.ai with around 100 receipts as samples to request an accuracy report.

The image uploading time will depend on the image file size and network speed, but extraction generally takes 4-8 seconds, excluding image uploading time. Image quality is essential in ensuring high accuracy, and the company recommends assisting end-users to take photos of long receipts without blur using a pano mode alike camera. FormX.ai also provides SDKs for clients who need help with image extraction.

FormX.ai offers tailor-made SLA commitment plans for Enterprise clients, and customizes plans tailored to their specific needs. Interested clients may contact the company for more information.