Best Document Parsing APIs in 2024

Best Document Parsing APIs in 2024

What is Document Parsing? 

Document parsing is the process of recognizing/examining data in a document and extracting useful information from it. For instance, data from PDF and Word documents can be extracted using document parser APIs and stored in a JSON file. How so? Thanks to Optical Character Recognition (OCR) and Named Entity Recognition (NER) technologies, Document Parser APIs are built in a way to extract textual content first, then locate and classify named entities into categories such as names, locations, quantities, percentages, etc. 

Document Parsing can be found in various industries, to automate manual processes and improve data entry efficiency or to help with the digitalization of companies and eliminate paperwork for good.

Examples of Document Parsing tasks

You can choose between several Document Parser APIs depending on the documents you want to analyze:

Simple OCR

As mentioned above, Optical Character Recognition is the conversion of images of typed, handwritten, or printed text into machine-encoded text, whether from a document, or a photo of a document.

OCR for table

One of the many use cases of Document Parsing is the extraction of data from images of tables.  With Table Extraction API, you can automatically detect tables & extract all tabular data from documents in one go.

Invoice Parser 

Invoice Parsing is a technique that lets you extract and digitalize meaningful data from scanned or PDF invoices. Fields commonly captured by Invoice OCR include description, quantity, due date, line items, invoice number, merchant information, customer information, unit price, bill, receipt number, total amount, tax amount, etc. If you’re interested in Invoice Parsing, we recommend reading our Top 10 OCR Invoice Parser APIs.  

Resume Parser

Resume Parsing is the conversion of a CV into a structured set of information suitable for storage, reporting, and manipulation by software. Resume parsing helps recruiters efficiently manage resume documents sent electronically. For more insight on CV parsing, here is our Top 10 OCR Resume Parser APIs.

Receipt Parser

Receipt Parsing allows you to extract data from scanned receipts: total amount, list of tax items, date, time, purchase categories, supplier information, currency, location, etc. Choosing the right receipt OCR for your application can be challenging, which is why our OCR experts came up with a Top 10 Receipt Parser APIs to help you out. 

Passeport ID Parser

Initially designed for financial documents such as receipts or invoices, OCR also allows the scanning of passports and driving licenses, including data extraction. OCR for ID documents works on all ID documents: ID card, passport, driving license, etc.

Best Document Parsing APIs on the market

While comparing Document Parsing APIs, it is crucial to consider different aspects, among others, cost security and privacy. Document Parsing experts at Eden AI tested, compared, and used many Document Parsing APIs of the market. Here are some actors that perform well (in alphabetical order):

  1. Affinda
  2. api4ai
  3. AWS
  4. Base
  5. Dataleon
  6. ‍Google Cloud
  7. HireAbility
  8. Klippa
  9. Microsoft Azure
  10. Mindee
  11. PrivateAI
  12. ReadyRedact
  13. SenseLoaf
  14. Tabscanner
  15. Veryfi

Performance variations of Document Parsing APIs

For all companies who use Document Parsing in their software: cost and performance are real concerns. The Document Parsing market is quite dense and all those providers have their benefits and weaknesses. 

Performances of Document Parsing vary according to the type of data used by each AI engine for their model training: AI engines are usually trained with specific data. This means that some Document Parsing APIs may perform great for some languages or type of images but won’t necessarily for others.

Variation performances depending on the quality of the document

When testing multiple Document Parsing APIs, you will find that providers' accuracy can be different according to text quality. For example, some Document Parsing APIs may perform better with text coming from handwriting while others may perform better with text from digital text. ‍

Variation performances across languages 

Document Parsing APIs perform differently depending on the language of the text. Some providers are specialized in specific languages. Different specificities exist in Region specialties: some Document Parsing APIs improve their machine learning algorithm to make them accurate for text in a specific language. For example, some Document Parsing APIs perform well in translating English (US, UK, Canada, South Africa, Singapore, Hong Kong, Ghana, Ireland, Australia, India, etc.), while others are specialized in Asian languages. Rare language specialty: some Document Parsing vendors care about rare languages and dialects. You can find Document Parsing APIs that allow you to process text in Gujarati, Marathi, Burmese, Pashto, Zulu, Swahili, etc.

Why choose Eden AI to manage your Document Parsing APIs

‍Companies and developers from a wide range of industries (Social Media, Retail, Health, Finances, Law, etc.) use Eden AI’s unique API to easily integrate Document Parsing tasks in their cloud-based applications, without having to build their own solutions. 

We want our users to have access to multiple Document Parsing engines and manage them in one place so they can reach high performance, optimize cost and cover all their needs. There are many reasons for using multiple Document Parsing APIs :

Fallback provider is the ABCs.

Set up a Document Parsing API that is requested if and only if the main Document Parsing API does not perform well (or is down). You can use confidence score returned or other methods to check provider accuracy.

Performance optimization.

After the testing phase, you will be able to build a mapping of Document Parsing vendors’ performance that depends on the criteria that you chose (languages, fields, etc.). Each data that you need to process will then be sent to the best Document Parsing API.

Cost - Performance ratio optimization.

You can choose the cheapest Document Parsing provider that performs well for your data.

Combine multiple AI APIs.

This approach is required if you look for high accuracy. The combination leads to higher costs but allows your AI service to be safe and accurate because Document Parsing APIs will validate and invalidate each other for each piece of data.

How Eden AI can help you? 

Eden AI is the future of AI usage in companies: our app allows you to call multiple AI APIs. 

  • Centralized and fully monitored billing on Eden AI for all Document Parsing APIs
  • Unified API for all providers: simple and standard to use, quick switch between providers, access to the specific features of each provider
  • Standardized response format: the JSON output format is the same for all suppliers thanks to Eden AI's standardization work. The response elements are also standardized thanks to Eden AI's powerful matching algorithms.
  • The best Artificial Intelligence APIs of the market are available: big cloud providers (Google, AWS, Microsoft, and more specialized engines)
  • Data protection: Eden AI will not store or use any data. Possibility to filter to use only GDPR engines.

You can see Eden AI documentation here.

Next step in your project

The Eden AI team can help you with your Document Parsing integration project. This can be done by :

  • Organizing a product demo and a discussion to better understand your needs. You can book a time slot on this link: Contact
  • By testing the public version of Eden AI for free: however, not all providers are available on this version. Some are only available on the Enterprise version.
  • By benefiting from the support and advice of a team of experts to find the optimal combination of providers according to the specifics of your needs
  • Having the possibility to integrate on a third party platform: we can quickly develop connectors

Related Posts

Try Eden AI for free.

You can directly start building now. If you have any questions, feel free to schedule a call with us!

Get startedContact sales