List your AI tool on AI Orion for free. Submit a tool

FormX.ai

Automate Data Extraction to Empower Your Business

Monthly visits
35.7K
Pricing
Freemium
Pay-as-you-go, Starter, Enterprise
Added
Apr 12 2023

About FormX.ai

FormX.ai automates document processing and data extraction. It provides AI-powered extractors that can be created or chosen from pre-built options, samples can be uploaded to specify fields, and the API can be connected to import structured JSON into systems. The tool emphasizes production-ready data workflows and continuous accuracy improvements through feedback loops, while offering options to mix models for different document types and to watch real-time extractions during a demo.

It supports checking image quality, classifying documents, normalizing data, and enabling continuous feedback loops to improve accuracy. The platform integrates LLM and vision models, with guardrails to prevent hallucinations in production. It also discusses prompt engineering and customizing models with production data.

The platform targets multiple departments such as Finance, HR, Retail, Business and Legal, and Customer Support, and notes quick setup times with team-wide integration. It emphasizes a range of documents (invoices, bank statements, contracts, IDs, licenses, receipts) and the ability to automate workflows across departments.

FormX.ai outlines its plans and capabilities across fronts like mobile SDK, document workspace, and image quality checks, and claims compatibility with various business functions. It presents multiple product areas (address proof, business cards, invoices) and notes compliance with ISO 27001 and SoC 2 Type II, as well as hosting locations (GCP and Azure) and deployment options.

Use cases

  • Automate data extraction for invoices, receipts, bank statements, contracts, applications, and more.
  • Improve accuracy over time with real-world feedback and production data.

Key features

  • Create an Extractor
  • Prepare Samples
  • Connect the API
  • Switch Between Vision and LLM Models
  • Production-Ready Data with LLMs
  • Fine-Tune LLMs with Production Data
  • Mix Multiple Models for Different Document Types

Pros and cons

Pros

Automates data extraction for a wide range of documents.
Supports production-ready data with guardrails for stability.

Cons

Free trial includes 100 pages; higher usage requires plan.

Pricing

Pay-as-you-go
$0.3
per page
  • No minimum commitment. Pay per page starting from $0.30
  • Free Trial First 100 pages for free trial, and $0.3 after 100 pages
  • Advanced Features are not included
Starter
$299
per month/extractor
  • Community Forum Support
  • 3,000 pages per month
  • 20 Smart Learning Samples
  • Accuracy Center Access for Bulk Dataset Management
  • Split & Classify
  • AI Code Mapping
  • Fraud & AI Images Detection
  • Advanced Table Extraction
  • Other Advanced Features
Enterprise
Custom
  • Custom SLA
  • Dedicated Account Manager
  • Onboarding Support
  • Private Cloud Deployment for Enhanced Security
  • All Features in Starter Plan

Reviews

Loading reviews…

Frequently asked questions

What does Address Proof API do?
Address Proof OCR API Automatically convert images or PDFs of address proofs to structured data to speed up your address verification process.
How is data handled?
FormX will not use your documents or the extracted data in any way.
What are the pricing plans?
FormX provides free trial for users to test out our features and process the first 100 pages for free. For monthly subscription, Starter plan costs USD $299 / month, allowing you to process up to 3,000 pages.

Alternatives to FormX.ai

More in AI Document Extraction