About Staple

Staple utilizes cognitive AI to automatically read, classify, and extract structured data from documents in over 200 languages, integrating this information into various business systems. This technology eliminates manual data entry and significantly enhances accuracy and productivity in document processing for enterprises.

```xml <problem> Enterprises face challenges in manually processing large volumes of documents, leading to inefficiencies, errors, and delays in data extraction and integration with business systems. Traditional OCR tools often struggle with complex document layouts, multiple languages, and variations in document quality, resulting in inaccurate data capture and increased operational costs. </problem> <solution> Staple AI offers an AI-powered intelligent document processing (IDP) solution that automates the classification, data extraction, and integration of information from various document types. The platform utilizes cognitive AI and machine learning to learn from each document, automatically classify them, and accurately extract structured data in over 200 languages. Staple AI integrates with existing business systems such as ERP, CRM, and accounting software, streamlining workflows and eliminating manual data entry. The solution handles multinational complexities, including diverse tax formats, and continuously improves accuracy through user feedback and AI-driven learning. </solution> <features> - AI-powered document classification, automatically identifying document types such as invoices, purchase orders, and bank statements. - Multilingual data extraction, supporting over 200 languages with accurate translation capabilities. - Intelligent data extraction from documents, including line items and tables, in various formats like PDF, JPEG, and TIFF. - Seamless integration with business systems, including ERP, CRM, accounting software, and RPA platforms, via API. - Automated document matching, enabling three-way matching of purchase orders, delivery notes, and sales invoices. - Role-Based Access Control (RBAC) and Single Sign-On (SSO) for secure user management and access control. - Compliant with SOC2 Type 2 security standards, ensuring data protection and audit trail functionality. - No-code workflow automation, allowing users to create custom workflows using rules and labeling. </features> <target_audience> Staple AI targets enterprises across various industries, including retail, manufacturing, healthcare, banking, financial services, logistics, supply chain, and insurance, seeking to automate document processing and improve data accuracy. </target_audience> ```

What does Staple do?

When was Staple founded?

Staple was founded in 2018.

How much funding has Staple raised?

Staple has raised 7000000.

Founded

2018

Funding

7000000

Employees

30626 employees

Major Investors

US Department of Energy

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Staple

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Executive Summary

staple.io 50K+

Crunchbase

Founded 2018

Funding

Estimated Funding

$5M+

Major Investors

US Department of Energy

Team (1000+)

No team information available.

Company Description

Problem

Enterprises face challenges in manually processing large volumes of documents, leading to inefficiencies, errors, and delays in data extraction and integration with business systems. Traditional OCR tools often struggle with complex document layouts, multiple languages, and variations in document quality, resulting in inaccurate data capture and increased operational costs.

Solution

Staple AI offers an AI-powered intelligent document processing (IDP) solution that automates the classification, data extraction, and integration of information from various document types. The platform utilizes cognitive AI and machine learning to learn from each document, automatically classify them, and accurately extract structured data in over 200 languages. Staple AI integrates with existing business systems such as ERP, CRM, and accounting software, streamlining workflows and eliminating manual data entry. The solution handles multinational complexities, including diverse tax formats, and continuously improves accuracy through user feedback and AI-driven learning.

Features

AI-powered document classification, automatically identifying document types such as invoices, purchase orders, and bank statements.

Multilingual data extraction, supporting over 200 languages with accurate translation capabilities.

Intelligent data extraction from documents, including line items and tables, in various formats like PDF, JPEG, and TIFF.

Seamless integration with business systems, including ERP, CRM, accounting software, and RPA platforms, via API.

Automated document matching, enabling three-way matching of purchase orders, delivery notes, and sales invoices.

Role-Based Access Control (RBAC) and Single Sign-On (SSO) for secure user management and access control.

Compliant with SOC2 Type 2 security standards, ensuring data protection and audit trail functionality.

No-code workflow automation, allowing users to create custom workflows using rules and labeling.

Target Audience

Staple AI targets enterprises across various industries, including retail, manufacturing, healthcare, banking, financial services, logistics, supply chain, and insurance, seeking to automate document processing and improve data accuracy.