Circulus vs FormX Invoice OCR API

Circulus automates accounts payable and bill processing for enterprises and small-to-medium businesses. Its cloud platform routes invoices through multi-step, rules-based approvals, codes line items, supports role-based access and handles multiple entities. Purchase orders can be matched on a touchless two-, three- or four-way basis. Invoice capture uses OCR, email and uploads; other intake routes include web forms, feeds, EDI/XML, FTP, PO box services and a web scan interface. Circulus says its extraction handles semi-structured and handwritten data with 99%+ accuracy from day one. Users can track activity through audit trails, search, dashboards, reporting and internal communication tools. Payments include checks, ACH and virtual cards, with supplier onboarding and payment notifications for ACH and virtual cards. Android and iOS apps support invoice access, review and approval. Named integrations include QuickBooks Online and Desktop, Sage 100 Contractor and Oracle R-12. The Circulus AP Automation plan is $481 a month; additional users cost $36/month on limited-access plans, with per-payment fees of ACH $0.49, check $1.69 and virtual card free. An SMB trial runs 30 days; full SMB bill-payment features require an active QuickBooks account.

FormX Invoice OCR API extracts structured invoice information through a REST API for finance, accounting, and ERP systems. It can return vendor details, invoice numbers, dates, line items, subtotals, tax, grand totals, currencies, and payment terms. FormX says it combines OCR, machine learning, and large language models, and handles varied invoice layouts without templates. ZUGFeRD and Factur-X support covers visible PDF data and embedded XML. Results can be downloaded as Excel, CSV, or JSON, or delivered through API responses, webhooks, and batch processing. SDKs are listed for Python, Node.js, Java, and.NET. Named integrations include SAP S/4HANA, SAP Business One, Oracle NetSuite, QuickBooks, and Microsoft Dynamics 365. Customers can customize or train extractors, with training from one sample image. FormX says API uploads are held in memory and discarded after extraction, encrypted with HTTPS, and not used to optimize models unless requested. Plans include pay-as-you-go at $0.30, paid once, Starter at $299 a month, and custom-priced Enterprise.