The world is changing. Consumers demand to know what personal data is collected about them, who is looking at it and where it’s traveling.
If you are looking at solutions for data extraction at volume from financial documents and landed on this page then you are most likely comparing Veryfi to CloudFactory. On the outside, both companies provide data extraction capabilities, but when you look at the detail the 2 are vastly different. The chart below demonstrates these differences.
WARNING: During COVID-19 isolation, the labor workforce CloudFactory employs are now working from home; looking at US PII.
|100% software. 100% machine data extraction without humans in the loop.||100% humans. Sweatshops based in Nepal and Africa.|
|Speed of Results||3 seconds||From minutes to hours (depends how much you pay)|
|Data Extracted||See below. A lot!||Depends what you pay for.|
|Scaling Capabilities||Instant. Unlimited.||Slow. More labor has to be thrown at it.|
|Free Test Drive||Yes||No|