Parascript Ultimate Document Challenge

Parascript Announces Ultimate Document Challenge

July 21, 2015 – Parascript—the industry innovator in advanced data location, extraction and classification—is today announcing it is opening nominations for businesses to qualify for the “Ultimate Document Challenge”. Parascript will review submissions, and if one meets the qualifications identified by the challenge, that business will be selected to have its information governance challenge solved at no cost.

“The Ultimate Document Challenge provides us with the opportunity to showcase our newest document classification solution and to give back to the business community that has played such an important role in helping Parascript establish its leadership position as an industry innovator,” Greg Council, the Vice President of Marketing and Product Management, said. “Parascript software has been the premium choice for businesses streamlining their document management processes, ensuring highly accurate data location and extraction for over 20 years. Today, we’re transforming the way businesses manage document-centered work by lowering the bar of cost and complexity so that organizations of all sizes can enjoy what only larger companies to-date could deploy.”

Tell Us Your Document Challenge

Everybody faces information document overload. When documents enter the organization, often no consistent rules or processes exist to manage how documents are described or where they are stored. This results in two major challenges:

  • Managing Documents & Associated Metadata
    If your organization:
    (1) Deals with a large volume of incoming documents;
    (2) Faces issues with managing the process of identifying and applying document descriptors (metadata); and
    (3) Must ensure proper documentation is collected and shared, we’d like to hear your story.


Perhaps, your organization spends a significant amount of time manually checking files to verify every document is present and checking each off. Not only is document presence important, but staff also must ensure that the documents, which require initials or signatures, are properly completed. Even after all this careful, tedious effort, mistakes can be made.

Does this sound like your organization?


  • Finding the Right Information at the Right Time Challenge
    If your organization:
    (1) Faces major process inefficiencies when staff wastes time attempting to identify important documents and the data contained in those documents;
    (2) Finds staff regularly looking for that single document among a variety of documents; and
    (3) Deals with documents that are not uniformly organized, described, or lack metadata entirely.


Does this sound like your organization?

Tell us your document challenge and your organization may be selected to receive the complimentary document classification software solution for increased efficiency, document security, and risk management.

Ultimate Document Challenge 2015

Submissions can be placed now through close of business on Friday, October 2, 2015. Parascript looks forward to contacting any selected Ultimate Document Challenge candidate on or before Friday, November 6, 2015.

Parascript Document Classification advances classification beyond batch classification, which is limited to organizing pre-defined sets of documents in an established order. Unlike other auto-classification solutions, Parascript Document Classification provides highly accurate results, auto-discovery via document clustering, dynamic organization and ongoing maintenance through machine learning, rapid set-up, and ease-of-use. For more product information, visit Parascript Document Classification.



Parascript automates the extraction of meaningful, contextual data from image and document-based information to support transactions, information governance, fraud prevention, and business processes. Parascript software processes any document with any data from any source with its easy-to-use, image-based analysis, classification, data location, and extraction technology. More than 100 billion documents for financial services, government organizations, and the healthcare and life sciences industry are analyzed annually by Parascript software. Our OEM and value-added reseller network partners integrate and distribute Parascript software in the US and across the world. Visit Parascript online at