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Parascript Announces New Features, Subscription-based Pricing to Make it Easier to Obtain Information from Documents
Date:6/20/2013

so continues Parascript’s strategy of unifying its product set by combining its world-class check recognition engine in the FormXtra products, giving users the ability to process checks, either alone or in conjunction with a stream of other documents, such as remittances.

Both FormXtra and FormXtra Capture give VARs, OEMs and others the ability to leverage Parascript’s award-wining technology with an easy-to-navigate GUI and access to a .NET API to set up forms processing definitions, routines and output to seamlessly integrate and customize applications with the technology.

FormXtra Capture additionally offers a complete capture and recognition application that includes administration, workflows and data validation. It enables just a single field, or snippet in question, to be sent to keyers for confirmation, valuable in financial and healthcare industries, where information privacy is paramount.

Later this year, Parascript plans to continue unifying its product set with signature verification technology, useful for vote-by-mail, and other forms of transaction authorization. It also plans to add unstructured handwriting support to characterize, classify and route a document by key words predetermined by the user. FormXtra 5.3 and FormXtra Capture 5.3 will be available on June 30.

About Parascript, LLC

Parascript is a leading developer of intelligent document recognition (IDR) solutions. Drawing from a long history of cursive and handprint recognition, Parascript’s high-value solutions are powered by software that is always learning — constantly maximizing the user’s return on investment. Parascript enables business automation in forms processing, postal and financial automation, and fraud prevention, and supports cancer screening in medical imaging. Fortune 500 companies, postal operators (including the U.S. Postal Service), major government and financial institutions rely on Parascript software, which is distributed t
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