FormX.ai Product Information
What is FormX.ai?
FormX.ai leverages AI technology to automate data extraction from various documents, such as receipts, bank statements, and identity documents, helping businesses improve operational efficiency, reduce human errors, and decrease manual data entry costs. Users can batch-extract data to obtain structured JSON or CSV files for direct use in other systems. Additionally, FormX integrates easily with existing software to streamline workflows.
How to use FormX.ai?
First, create an extractor by selecting from pre-built options or designing a custom one. Next, upload sample documents and define the specific data fields you need to extract. Finally, integrate the FormX.ai API into your system to seamlessly import structured JSON data.
FormX.ai's Core Features
- Automated data extraction from various document types
- Structured data output in JSON or CSV format
- Integration with other software via API
- Continuous accuracy improvement with production data
- LLM-powered data extraction with guardrails
- Pre-trained and custom AI models
- Document Workspace
- Mobile SDK
FormX.ai Use Cases
- #1Automating invoice processing
- #2Extracting data from receipts
- #3Processing bank statements
- #4Simplifying ID verification
- #5Streamlining HR operations
- #6Automating legal document reviews
- #7Enhancing customer service with automated document processing
FAQ from FormX.ai
What does '100 free pages' mean?
Every document extraction performed via our web portal or API counts as one API call. Our free plan includes 100 complimentary calls for you to test FormX.ai; please contact us if you require assistance.
Do you save or encrypt any uploaded document?
We only store master documents uploaded to our web portal or those used to train custom models. Images uploaded via API or web portal tests are processed in-memory and deleted immediately after extraction. We do not use your documents to optimize our AI models or for other purposes without your request. All API traffic is encrypted via HTTPS.
Do you offer volume discount or private cloud deployment?
Yes, we work with enterprise clients to create customized plans that meet their specific requirements. Please contact us for details.
May I have a different SLA on latency and throughput of the API calls?
Yes, we provide tailored SLA commitments for enterprise clients. For our Business Plan, the standard throughput is 180 requests per minute (RPM) for API calls without product line items, or 30 RPM for calls with product line items, without an SLA commitment.
Where do you host FormX.ai and process the data?
FormX.ai is hosted on Google Cloud Platform (GCP) and Microsoft Azure.
What is the accuracy for receipt extractions?
Accuracy depends on various factors and how it is defined. Generally, our clients report at least 70% field-level accuracy. For high-quality images without blur or lighting issues, fields like date, time, and amount often exceed 90% accuracy. You may provide approximately 100 sample receipts, and we will generate an accuracy report for you.
What are the latency for receipt processing?
Processing typically takes 4 to 8 seconds, excluding image upload time. This is not an SLA commitment. Upload speed depends on file size and network conditions; we recommend resizing images to reduce upload duration. Please contact us regarding an Enterprise plan if you require improved latency or an SLA commitment.
FormX.ai Pricing
Free
$0
Free plan available.
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