Everest Group PEAK Matrix™ for IDP Vendors 2020

Parascript, which supplies the digital workforce with machine learning-based document automation technology solutions that process over 100 billion documents annually, announced today that Everest Group, a leading consulting and research firm, named Parascript a Major Contender in its Intelligent Document Processing (IDP) products PEAK Matrix™ Assessment. “We have positioned Parascript as a Major Contender in Everest Group’s 2020 PEAK Matrix® for IDP software products due to a combination of factors including FormXtra.AI’s enterprise-friendly features, such as flexibility to add new fields and documents, configurable thresholds for extraction, and ability to add validation rules, including complex ones through scripting, which position it well for success,” according to Anil Vijayan, Vice President, Everest Group.