Datamolino vs Invofox

Datamolino captures supplier invoices, receipts and bank statements, applies saved coding rules, routes invoices for approval and exports checked data to accounting software. Documents can arrive by email, web upload or mobile receipt photo, and ordered PDF batches can be split into individual invoices. Approval workflows are configurable, with decisions kept alongside each invoice. Line-item capture and editing are available on selected plans, including account and tax-code assignment to individual lines. Connections include Xero, QuickBooks Online and FreeAgent, specialist connections and a Capture API for uploading documents, receiving processing webhooks and retrieving structured data. Bank statement PDFs are converted to transaction data and charged per page. Start costs £17 a month excluding VAT and includes 100 bills and receipts per month for one company, with unlimited users; Build is £29 a month, LAUNCH 39.00 GBP, Grow 55.00 GBP, SCALE 135.00 GBP and EXPAND 500.00 GBP. A 14-day trial is available. The mobile app captures documents for Purchases only; sales invoices, bank statements, coding and exports are handled in the web app. Datamolino says stored files are encrypted with AES-256 and customer data is hosted with Amazon Web Services in the European Union.

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.