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Evolution AI

AI data extraction from PDF financial statements

Evolution AI extracts data from financial statements using generative technology. It automates the process for balance sheets and cash flow reports.

Best forFinancial institutions
Websiteevolution.ai

Company facts

Social profilesLinkedIn, X

Facilities and features

  • Published pricing
  • Free trial
  • Self-serve sign-up
  • API

What stands out

The product learns from user corrections to improve accuracy over time.

“Users can correct any errors and the system will learn not to make the same mistake twice.”Evolution AI, own website

Evolution AI offers a managed service with guaranteed complete accuracy.

“Complete accuracy guaranteed Prices per page Self Service Price per page Pages processed per month”Evolution AI, own website

Worth knowing

The Financial Statements AI product does not work on documents other than financial statements.

“It works on all documents other than financial statements (you ll want our Financial Statements AI product for that).”Evolution AI, own website

Strengths and trade-offs

  • The product learns from user corrections to improve accuracy over time.
  • Evolution AI offers a managed service with guaranteed complete accuracy.
  • The Financial Statements AI product does not work on documents other than financial statements.

Appears in

How Evolution AI ranks

#5 in Best intelligent document processing software

How the score is made up: Evidence on its own site 20; How complete its published information is 16; Fit to this ranking's criteria 40; Buying information on its own site 16.

“The algorithm marks a significant breakthrough for IDP technology, which has historically required many document training examples to extract data from a new document type.”Evolution AI, own website

#3 in Intelligent document processing software for finance teams

How the score is made up: Evidence on its own site 20; How complete its published information is 16; Fit to this ranking's criteria 40; Buying information on its own site 16.

“The algorithm marks a significant breakthrough for IDP technology, which has historically required many document training examples to extract data from a new document type.”Evolution AI, own website
“FINANCIAL STATEMENTS AI Overview Solutions Commercial Finance Partner Platforms Private Equity Asset Management Insurance Brokers M&A Independent Financial Advisors (IFAs) TRANSCRIBE AI Overview Solutions Loan Underwriting Bank Statements Litigation Passports & Driving Licences Contracts Financial…”Evolution AI, own website

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Vic.ai
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AppZen
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Questions about Evolution AI

Who is Evolution AI best for?

Evolution AI is best for financial institutions.

Where does Evolution AI rank?

Evolution AI is ranked #3 in Intelligent document processing software for finance teams (Lister Score 92.0) and #5 in Best intelligent document processing software (Lister Score 92.0).

What are the best alternatives to Evolution AI?

The closest alternatives on Lister are Veryfi (#1 in Intelligent document processing software for finance teams), Egnyte (#2 in Intelligent document processing software for finance teams) and Liscio (#4 in Intelligent document processing software for finance teams).

Is this your company?

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