For the fifth episode, the CEO of Parashift, Alain Veuve, has welcomed one of his partners at Parashift’s office, Stefan Hermann, CEO of PEAX.
They exchanged views on the current vision of their company and the future of IDP and digital transformation.
What about PEAX?
PEAX is a company whose purpose is to distribute and archive mail with a fully digital mailbox. Companies can categorize the different mails previously processed automatically in order to personalize the platform and facilitate the search. Invoices, for example, can be paid on the same platform and in no time, even with several bank accounts.
In times of the COVID19 pandemic, such a service was supercritical. The employees were no longer on-site in the company, but working from home, and could not handle the mail physically. This solution has proven to be optimal for many companies, saving them valuable time. It allows making information available as quickly as possible, regardless of location.
So, PEAX accompanies many companies in their digital transformation thanks to this practical and ultra-powerful tool.
PEAX Website: https://peax.ch/business/
What about Parashift?
Parashift is a machine learning company that has taken on the topic of document capture. Its product, the Parashift Platform, is a cloud-based document extraction solution that uses IDP technology to read relevant data from any document. By using its proprietary Document Swarm Learning technology, companies can gradually automate all their document processes.
In the process, employees team up with the Parashift Platform to integrate document data into processes and systems super quickly and cost-effectively. The platform learns from all interactions and thus comes closer to complete autonomy step by step. So everything at Parashift is focused on making this technological milestone a reality. The team is not pursuing other topics. Alain Veuve says, “We’re not an end-to-end solution, so we’re working with a lot of companies that can do vertical integrations.”