formx ai

formx ai

FormX.ai utilizes advanced AI technology to automate data extraction from a wide range of documents, enhancing operational efficiency and reducing costs.

About formx ai

Harnessing cutting-edge AI, FormX.ai streamlines data extraction from diverse documents such as receipts, bank statements, and ID cards. This automation reduces manual errors, accelerates processing, and cuts operational costs. Users can extract structured data in formats like JSON or CSV, suitable for integration with other systems. Additionally, FormX.ai easily integrates with existing software, enabling seamless workflows and efficient data management.

How to Use

Create a data extractor by selecting a pre-built template or designing a custom one. Upload sample documents, define the data fields to extract, and then connect FormX.ai's API to seamlessly import structured JSON data into your system.

Features

  • Centralized Document Workspace
  • Ongoing accuracy improvements with real-world data
  • API integration for seamless software connectivity
  • Mobile SDK for on-the-go access
  • Export structured data in JSON or CSV formats
  • Automated extraction from various document types
  • Pre-trained and customizable AI models
  • LLM-powered extraction with safety measures

Use Cases

  • Automating HR document processing
  • Simplifying identity verification
  • Processing bank and financial statements
  • Streamlining invoice automation
  • Enhancing customer support with automated documents
  • Extracting data from receipts
  • Legal document review automation

Best For

Financial ServicesRetail BusinessesLogistics OperationsPublic Sector AgenciesTelecommunicationsCustomer Support TeamsHuman Resources DepartmentsAccounting FirmsLegal and Business Professionals

Pros

  • Continuous improvement of data accuracy
  • Minimizes manual errors
  • Reduces manual data entry costs
  • Flexible API integration for future expansion
  • Enhances overall operational efficiency
  • Supports multiple document formats
  • Integrates smoothly with existing systems

Cons

  • Pricing varies based on usage and features
  • Requires initial setup and system integration
  • Processing latency may occur
  • Extraction accuracy depends on document quality

Pricing Plans

Choose the perfect plan. All plans include 24/7 support.

Pay-as-you-go

$0.3 per page

Pay only for pages processed, with no monthly commitment. Get the first 100 pages free for testing, then $0.3 per page. Ideal for low-volume or unpredictable processing needs.

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Most Popular

Starter

$299 per month per extractor

Designed for small businesses and individual users, this plan handles up to 3,000 pages monthly. Additional pages cost $0.1 each. Includes community support and one extractor.

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Enterprise

Custom pricing

Tailored solutions for high-volume processing, with flexible integration options. Includes all Starter features, dedicated support, onboarding, white-label UI, mobile SDKs, and eKYC support.

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FAQs

What does the free trial of 100 pages include?
The first 100 pages processed via our web portal or API are free. Each page counts as one API call, allowing you to test FormX.ai’s capabilities before committing.
Are uploaded documents stored or encrypted?
We only store the master documents uploaded through our portal or for training custom models. Test images via API are processed in-memory and deleted after extraction. Your data is encrypted with HTTPS, and we do not use your documents for AI model training unless you request.
Can I get volume discounts or private cloud deployment?
Yes, we offer customized plans for enterprise clients. Please contact us to discuss tailored solutions and volume discounts.
Can you provide SLA guarantees for API latency and throughput?
Yes. Enterprise plans include SLA commitments for latency and throughput. For standard plans, the minimum throughput is 180 requests per minute without specific SLA guarantees.
Where is FormX.ai hosted and how is data processed?
FormX.ai operates on Google Cloud Platform and Azure for secure and reliable data processing.
What is the accuracy rate for receipt data extraction?
Accuracy depends on document quality and content. Typically, fields like date, time, and amount achieve over 90% accuracy on clear images. Contact us with sample receipts for a detailed accuracy report.
What is the typical processing time for receipts?
Processing generally takes 4 to 8 seconds, excluding upload time. For faster results or SLA options, contact us for enterprise plans.