Rossum is an all-in-one gateway designed to automate document management for businesses. The platform can help teams save time by collecting documents from multiple sources into an Intelligent Inbox, which serves as a single curated feed for transactions. From this feed, you can easily filter documents further and reject duplicates.
For faster document processing, Rossum leverages a self-learning AI technology that automates data capture. The platform’s cognitive data capture feature uses advanced machine learning to quickly scan, collect, and validate data from documents such as forms. To ensure proper validation, the software prompts users to manually review empty fields and other data with low confidence scores. This user feedback trains the technology to become more accurate over time.
To ensure a smoother workflow, Rossum also connects with document senders and sends notifications on transaction status and data issues. With this automated communication feature, team members can avoid spending too much time handling inquiries and approvals.
The software also helps businesses improve document management processes through a built-in Usage Reporting Dashboard. This dashboard provides an overview of all document queues in a workspace, along with data on metrics such as corrections, usage, and time per document.
To ensure hassle-free use, Rossum offers numerous out-of-the-box integrations with ERP, RPA, and document management systems. Users can also fully customize the platform to handle a wide variety of document types and add processing rules as needed.
All these features make Rossum an ideal document management solution for a wide variety of use cases, including accounts payable processes and customs- and logistics-related workflows.
Show MoreUnified document management
Rossum serves as a centralized platform for teams that manage incoming documents. The platform comes with an Intelligent Inbox that collects documents from multiple sources into a single feed. Through the Inbox, teams can receive documents in any file format, from any communication channel.
AI-powered cognitive data capture
Out of the box, Rossum uses self-learning, AI-powered technology to organize documents and extract data from documents such as forms. To ensure proper validation, the technology prompts users to manually inspect fields and data with low confidence scores. Through this human feedback, the data capture system improves its accuracy over time.
Automated end-to-end communication
Rossum also automates communication workflows with document senders. The system automatically notifies senders of transaction status and data issues. Rossum also integrates with a variety of business software and IT systems so teams can easily handle external inquiries without leaving the Rossum platform. Through extension functions, the platform can also be customized to fit your use case.
Zero-friction rollout and maintenance
The platform is designed for hassle-free rollout, with a high out-of-the-box accuracy that minimizes the overhead costs of implementation. Rossum’s easy-to-use interface also reduces the need for extensive training and onboarding.
Accurate usage insights and reports
Rossum comes with a built-in usage reporting dashboard to help managers track their team’s usage of the platform. Managers can view data by queue or by user and view graphs on metrics, such as corrections, time per document, and on-time vs. late documents. Insights into these metrics can help businesses optimize their document management processes.
Seamless integrations with third-party apps
Rossum readily integrates with a wide variety of ERP and RPA systems, including Oracle NetSuite, Quickbooks, Xero, and Blue Prism. The platform also offers out-of-the-box integrations with document management systems, such as OneDrive and Dropbox. With these integrations, businesses can build their perfect tech stack for smoother workflows.
Show MoreProblem #1: Extracting the right data is difficult because of different invoice layouts
Solution: Unlike traditional OCR systems, Rossum uses a template-free data extraction method supported by artificial intelligence. With this method, Rossum can read invoices and documents in a wide variety of layouts and languages and correctly extract the required information. The system is also self-learning, so its accuracy improves over time.
Problem #2: Documents are incompatible with document management systems
Solution: Rossum can be customized to read and extract data from a variety of document types, including invoices, certificates of analysis, and historical records. With this flexibility, Rossum can automate diverse workflows and improve overall productivity for businesses.
Problem #3: Auditing and securing document management processes is challenging
Solution: By extracting data from documents, Rossum can help teams build a digitized library of searchable content. This library can make work easier for audit and compliance departments. The platform also ensures HIPAA compliance for businesses that work with these data security standards.
Knowing that companies have particular business-related wants, it is sensible they steer clear of adopting a one-size-fits-all, “perfect” system. However, it is nearly futile to try to stumble on such a software solution even among branded software solutions. The rational thing to undertake should be to take note of the different main functions which require examination like key features, plans, technical skill ability of staff, company size, etc. Thereafter, you should perform the research fully. Browse through some of these Rossum review articles and explore the other software systems in your shortlist in detail. Such all-encompassing research ensure you avoid poorly fit software solutions and subscribe to the system which offers all the features your business requires.
Position of Rossum in our main categories:
Rossum is one of the top 100 Accounting Software products
Rossum is one of the 50 Online Accounting Software products
Every company has its own characteristics, and might need a special Accounts Payable Software solution that will be designed for their business size, type of clients and employees and even specific niche they cater to. You should not count on locating a perfect software that will be suitable for each business no matter what their history is. It may be a good idea to read a few Rossum Accounts Payable Software reviews first and even then you should remember what the software is intended to do for your business and your workers. Do you require a simple and intuitive solution with just elementary functions? Will you actually make use of the advanced tools required by experts and large enterprises? Are there any specific features that are especially beneficial for the industry you work in? If you ask yourself these questions it is going to be much easier to locate a reliable solution that will match your budget.
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Rossum pricing is available upon request. You can send a query via the vendor’s website or you can get in touch with them via phone, email, or social media.
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Rossum can be easily integrated with your existing solutions, such as ERP systems, RPA software, and document management applications. Some examples of platforms it can interface with are the following:
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