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New Parashift Connector for M-Files for Intelligent Document Processing

M-Files partner simplyfile offers a connector for integrating the Parashift capture solution into the M-Files platform for intelligent information management. Digitization and automation ensure increased productivity.

Simplyfile offers integration of Parashift and M-Files

Reading (UK) 19.10.2021 - simplyfile, a Swiss technology company and reseller of M-Files, has integrated Parashift Platform, an Intelligent Document Processing (IDP) solution powered by AI and machine learning into M-Files. The developed connector enables M-Files partners and customers to classify any type of document automatically and read data as easily, quickly, and cost-effectively as never before.

"Integrations with leading document capture solutions, such as Parashift, are instrumental to our vision of supporting companies worldwide to realize the benefits of intelligent information management. Essentially, this integration with Parashift enables our customers to increase productivity, accelerate digital transformation, and simplify the automation of critical business processes", said Christian Habenstein, Director Channel Sales Western Europe at M-Files.

Parashift's IDP solution leverages ground-breaking Document Swarm Learning technologies and allows for drastically shortened time-to-value. The platform comes with the ability to handle all kinds of business documents by processing any type of structured, semi-structured, or even unstructured document, from invoices to contracts to handwritten paper documents. Processes that were previously based on manual interaction can thus be automated and the added value of M-Files' intelligent information management platform further expanded.

"We share a common vision with simplyfile. A vision of helping partners and customers drive innovation by automating mission-critical business processes at scale. The collaboration on the IDP solution for M-Files illustrates how we have approached automation as an enterprise-wide challenge by taking automation technology and OCR to the next level and introducing machine learning-based data extraction. We look forward to continuing to work together to deliver truly transformative solutions that meet our clients' dynamic challenges", said Alain Veuve, CEO at Parashift.

"Automation is driving digital transformation across a range of industries and organizations. Nevertheless, there are still a number of trivial tasks that are not yet automatized across departments. Using the M-Files connector for the Parashift Platform, our clients can reduce document processing time significantly, boosting productivity and allowing teams to focus on more business-critical tasks", said Urs Kälin, Managing Director and Business Consultant at simplyfile.

For M-Files partners interested in implementing customer projects with Parashift's IDP solution, an M-Files demo environment with the developed M-Files Vault Application for Parashift is available for testing purposes. The connector itself can be used by M-Files partners worldwide.

For more details on the Parashift Connector for M‑Files from simplyfile, please refer to the M‑Files Solutions Catalog: https://catalog.m-files.com/product-category/integrations

More information about intelligent information management with M-Files can be found here: https://www.m-files.com

About Parashift

Parashift AG, founded in 2018, is a deep-tech company specializing in empowering document retrieval through machine learning. Parashift is based near Basel, Switzerland, and employs about 30 people in machine learning engineering and development. Forbes named Parashift 2019 as one of the 30 promising AI startups in Europe. https://parashift.io/

About simplyfile

Founded in 2020 and headquartered in Gossau (Switzerland), simplyfile AG is a subsidiary of Pius Schäfler AG and supports customers from a wide range of industries in the process of digital transformation. As a future-oriented company with access to many years of experience, simplyfile understands not only the technologies, such as ECM or AI, but above all how and where they are used with significant added value. https://www.simplyfile.ch

About M-Files

M-Files' AI-powered intelligent information management solution connects all documents and information across every platform and repository, then analyses them to place them in context. This makes it possible to serve up the right information to the right people right when they need it—and automate information-driven business processes—while maintaining complete control and compliance. Thousands of organizations in more than 100 countries (including NBC Universal, OMV, SAS Institute, and ThyssenKrupp) use M-Files to manage their business information and processes—and give their employees A Smarter Way to Work. For more information, visit www.m-files.com. M-Files is a registered trademark of M-Files Corporation. All other registered trademarks belong to their respective owners.

Contact M-Files
Christian Habenstein, Director Channel Sales Western Europe
+33 7 88 91 43 77
christian.habenstein[at]m-files.com

Contact Parashift
Mattia Rüfenacht, Head of Business Development
+41 61 508 77 77
mattia.ruefenacht[at]parashift.io

Contact simplyfile
Urs Kälin, Managing Director & Business Consultant
+41 71 228 59 69
urs.kaelin[at]simplyfile.ch

Press contact
Bernd Hoeck, PR agency
+49 7721 9461 220
bernd.hoeck[at]bloodsugarmagic.com

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