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Affinda Invoice Extractor vs Invofox

Affinda Invoice Extractor

affinda.com

Invofox

invofox.com

Side by side

FigureAffinda Invoice ExtractorInvofox
Price from—$500/mo
Free plan—Yes
Free trialYes—
Open source——
WebYesYes
APIYesYes
Self-hostedYesYes
Plans published44
Spec score · Invoice Processing Software8.7 (#5)8.8 (#4)
Company foundingAffinda says brothers Ben and Tim Toner founded the company in Melbourne in 2012.Y Combinator lists Invofox as founded in 2022 and part of its Summer 2022 batch.
Company sizeLinkedIn lists Affinda as having 51–200 employees.LinkedIn lists Invofox as having 11–50 employees.
Document splittingAffinda can separate multi-page files into individual documents before extraction.The splitter separates multiple documents contained in one PDF.
HeadquartersMelbourne, AustraliaMadrid, Spain
IntegrationsAffinda lists integrations including Microsoft Dynamics 365, Power Automate, NetSuite, Sage Intacct, Salesforce, SAP Business One, Xero, Google Drive, Slack and many others.The Zapier integration can route extracted data to more than 9,000 apps, including workflows with Google Drive and Google Sheets.
Intended usersAffinda describes its document automation products as serving business teams handling documents at scale, including finance and technology leaders.The site describes use across fintechs, marketplaces, logistics operations, accounting platforms, and enterprises.
PurposeAffinda Extract automates invoice processing by splitting and classifying documents, extracting and validating data, and routing structured output to business systems.Invofox extracts structured data from PDFs and images through an API.
SecurityAffinda states it is ISO 27001:2022 certified, SOC 2 Type 2 and GDPR compliant, encrypts data in transit and at rest, and offers multi-factor authentication.Invofox states it is SOC 2 Type II, ISO 27001, GDPR, and HIPAA compliant.
Security certificationsAffinda states ISO 27001:2022 certification, SOC 2 Type 2 compliance and GDPR compliance.The company states SOC 2 Type II, ISO 27001, GDPR and HIPAA compliance or readiness.
SupportStandard platform support is included in standard usage; priority support and a dedicated Customer Success Manager are listed as paid add-ons.The Free plan includes community support, Starter includes email support, and Scale includes priority support and a dedicated account manager.
ValidationNatural-language validation rules, master-data matching, processing queues and a human-review interface are provided.The service applies validation and confidence checks before delivering extracted data.
What it doesAffinda Extract processes invoices by splitting and classifying documents, extracting fields, validating data and routing structured results to business systems.Invofox is a B2B SaaS service that digitizes documents and returns extracted structured data.

Plans

Affinda Invoice Extractor

  • TrialFree
  • Flexible usagePrice not published
  • Platform add-onsPriced on request
  • Predictable scalePrice not published

Affinda Invoice Extractor pricing →

Invofox

  • FreeFree
  • Starter$500 a month
  • EnterprisePriced on request
  • ScalePriced on request

Invofox pricing →

In their own words

Affinda Invoice Extractor

Affinda Invoice Extractor has no write-up on Specifiction yet; its figures are above.

Visit affinda.com

Invofox

Invofox extracts structured information from PDFs, images, and scanned files, returning JSON through an API. Its pipeline handles OCR, document splitting and classification, field extraction, schema mapping, validation, and webhook delivery. Custom schemas let teams map extracted fields to their own data models. Invofox reports 99.2% document extraction accuracy and says reported mistakes are automatically credited back. Zapier can route extracted data to more than 9,000 apps, including Google Drive and Google Sheets. Invofox states that it complies with SOC 2 Type II, ISO 27001, GDPR, and HIPAA, and encrypts data in transit with TLS 1.3 and at rest with AES-256. Cloud is the default deployment. Zero retention is an opt-in for Scale and Enterprise, while on-premise deployment is reserved for Enterprise. The Free plan covers 500 pages and includes pre-trained models for invoices, receipts, utility bills, tickets, and payslips. Starter costs $500 a month, billed annually, for up to 5,000 pages per month. Scale and Enterprise have custom pricing.

Visit invofox.com