HyperScience and Ephesoft Transact are competing in the automated data processing market. HyperScience stands out for its superior user experience in terms of setup and ease of use, while Ephesoft Transact appeals to organizations needing comprehensive solutions with its advanced feature set.
Features: HyperScience offers intuitive data processing, AI-based data extraction, and a straightforward automation approach. Ephesoft Transact provides advanced document capture capabilities, a flexible integration framework, and targets large-scale deployments.
Ease of Deployment and Customer Service: HyperScience emphasizes streamlined deployment and offers responsive support, making it the choice for quick implementation. Ephesoft Transact has a more complex installation process but compensates with extensive documentation and training resources.
Pricing and ROI: HyperScience typically exhibits lower initial setup costs and focuses on rapid ROI with efficient automation. Ephesoft Transact may require higher initial investment but offers substantial ROI through deep customization and adaptability.
| Product | Market Share (%) |
|---|---|
| HyperScience | 3.3% |
| Ephesoft Transact | 2.3% |
| Other | 94.4% |
| Company Size | Count |
|---|---|
| Large Enterprise | 7 |
Ephesoft provides intelligent document processing solutions with industry-leading technology to help enterprises maximize their productivity. Using AI and patented machine learning technology, Ephesoft’s platform captures data from documents, enriches it with context and amplifies the power of that data, adding intelligence to accelerate any business process and drive successful digital transformation. Once the data is unlocked, Ephesoft classifies it and easily export the data into any ERP, Content Services, RPA, Workflow or other repository.
Customers who have a high volume of valuable documents like invoices, records, contracts, mail, claims or loans, can benefit by accelerating and streamlining processes, eliminating manual data entry and boosting productivity. It’s time to automate your processes and get work done faster.
HyperScience is a cloud-based input-to-output platform that automates document-based workflows and extracts data for analysis from both physical and digital documents.
The HyperScience platform simply integrates with your current business systems thanks to an open API, an intuitive UI, and pre-trained models, resulting in a totally automated digital workflow.
The classic scanning paradigm has been reimagined by HyperScience; it has replaced the need for human verification with intelligent technology that learns as it goes. The solution automates previously manual operations using a simple model-based solution or from the ground up, saving time and resources that can be redirected to more strategic efforts. The platform has a minimum accuracy of 75% when it is first installed, but it can exceed 99% accuracy in a matter of weeks.
With out-of-the-box and customizable tasks, workflows, and connectors, the solution automatically connects into your document workflows. HyperScience, which is powered by industry-leading machine learning, makes it simple to get from input to actionable data.
HyperScience Benefits
There are many benefits to implementing HyperScience. Some of the biggest advantages the solution offers include:
HyperScience Features
HyperScience has many valuable key features. Some of the most useful ones include:
Reviews from Real Users
HyperScience stands out among its competitors for a number of reasons. Two major ones are its robust user-training module and its accuracy with handwritten documents. PeerSpot users take note of the advantages of these features in their reviews:
One PeerSpot reviewer, a Lead Analyst at a financial services firm, writes, “One of the most valuable features of HyperScience is the user-training module. Whenever the extraction takes place, based on the way we have trained HyperScience, it would give us some success status or a certain confidence level. If the solution has processed something that it determined was not extracted correctly it will queue those items for manual review.”
Yogesh S., OCR Developer at a tech vendor, notes of the solution, “I like that compared to other tools, HyperScience works best with handwritten documents.” He adds, “We're automating invoices and some handwritten filled-out documents. We can automate with accuracy, and even though we used HyperScience initially for selling purposes and as a comparison tool, we're now getting these results with HyperScience.”
We monitor all Intelligent Document Processing (IDP) reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.
