Circulus vs Parascript Invoice Capture
Circulus
circulus.ioParascript Invoice Capture
parascript.comSide by side
| Figure | Circulus | Parascript Invoice Capture |
|---|---|---|
| Price from | $39.99/mo | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | — |
| Windows | — | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Self-hosted | — | Yes |
| Plans published | 5 | 1 |
| Spec score · Invoice Processing Software | 9.0 (#2) | 7.1 (#24) |
| Accuracy claim | Circulus claims 99% or better data-extraction accuracy from day one. | Parascript says it delivers more than 85% of invoice data in straight-through processing at greater than 95% accuracy. |
| Data extraction | Circulus accepts semi-structured and handwritten documents using client-specific mapping templates and validation. | It extracts header, footer, address, and line-item table data, which can be cross-validated with third-party systems. |
| Founded | 2017 | 1996 |
| Headquarters | Plano, Texas, United States | Longmont, Colorado, United States |
| Integrations | Circulus says it integrates with virtually any ERP or accounting platform; its SMB platform supports QuickBooks Online and QuickBooks Desktop, while its AP integration page names Sage 100 Contractor as well. | Validated invoice data can be routed directly to accounting and other data-entry systems. |
| Purpose | Circulus provides cloud-based accounts payable automation and bill processing for enterprise and small-to-medium businesses. | The software recognizes and extracts data from complex business invoices to automate invoice processing. |
| Support | Support includes toll-free phone service, live chat, email, a knowledge center and how-to videos. | Parascript provides a technical support request form and lists technical support by phone at (720)-807-0952. |
Plans
Circulus
- Startup$39.99 a month
- Circulus AP Automation$48 a month
- Accountant$49.99 a month
- Business$69.99 a month
- Unlimited$99.99 a month
Parascript Invoice Capture
- Parascript Invoice Data ExtractionPriced on request
In their own words
Circulus
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.
Parascript Invoice Capture
Parascript Invoice Capture has no write-up on Specifiction yet; its figures are above.