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Parascript

Parascript is a leading developer of proven document capture and recognition solutions. In business since 1996, with offices in Longmont, Colorado and Moscow, Russia, the company’s intelligent document recognition (IDR) solutions have evolved from a long history of image analysis and cursive and handprint recognition powered by software that is always learning. Parascript facilitates business automation for increased productivity serving a broad range of markets for forms processing, postal and financial automation, check fraud prevention, and remittance processing; and also supports cancer screening in medical imaging. Key applications offer a total solution that streamlines document processing with the highest levels of recognition accuracy and the lowest error rates in the industry. Solutions are available as SDKs for integration and turnkey applications that are scalable for use by businesses of any size. They enable users to process documents, forms and checks with all types of data input and on structured, semi-structured and unstructured forms. Organizations that utilize Parascript technology include Fortune 500 companies, postal operators (including the U.S. Postal Service), and major government and financial institutions. New ideas have always defined the culture at Parascript. Every innovation leverages their in-depth knowledge and cutting-edge technologies—such as Deep Learning—to advance our software for our clients and our future partners. For example in 2015, Parascript Document Classification uniquely combined both visual and content classification to automate the document organization process for improved information governance; and today, SignatureXpert offers universal locator capabilities that allow for processing any type of check anywhere in the world.

Data & AnalyticsSaaS
Boulder, CO
11-50

Employees

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Company Mission

Parascript automates the extraction of meaningful, contextual data from image and document-based information to support transactions, information governance, fraud prevention, and business processes.
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