DOConvert—an Israeli startup whose “revolutionary” auto-processing tool automates data extraction from complex documents—is beginning its U.S. expansion in Dallas, with a focus on the Southwest market.
The company said it’s actively engaging with U.S. manufacturing, logistics, and supply chain management companies for its intelligent document processing platform.
DOConvert says its platform “automates data extraction from the most complex documents and imports the data into any digital records systems, cutting up to 75% of data entry costs.”
Founded in 2021 by Avi Rafalson, Gal Or, and Dor Golan, the startup says its tool can help companies “increase velocity and cost effectiveness” while enhancing supply chain performance, minimizing human error-prone processes, and “allowing customer service agents to focus on what they do best.”
Rafalson, DOConvert’s Tel Aviv-based co-founder and CEO, told Dallas Innovates that while his startup doesn’t have a physical office in North Texas yet, it has a small team working on the Dallas initatives and is “actively working on creating the necessary infrastructure to support our operations in the area.”
“As for leadership, I’m overseeing our Dallas expansion efforts, working closely with our team to ensure a successful entry into the Dallas market,” Rafalson added.
The CEO said his company is “actively considering plans to expand our team as our operations in Dallas grow,” with the company continuing to onboard early customers.
Tzahi Nussbaum, the CIO of Israel-based ISCAR—a member of the IMC Group acquired by Berkshire Hathaway—offered a positive review of what DOConvert can do, saying in a statement that the platform “transformed our operations, saved money, and met our goals of digitizing our shipping and customer service departments.”
Another customer offered a more specific insight into what the platform can do.
“With DOConvert, hundreds of credit invoices arrive at a dedicated email in PDF format and are automatically parsed and entered into our SAP system within seconds,” an Amtel executive said in a DOConvert news release. “On the first day alone, thousands of orders were received and imported at a dizzying rate, freeing up countless hours of human intervention.”
How the platform works
DOConvert’s main use case “revolves around documents arriving from outside the organization, such as receipts, payment requests, import files containing many documents, customer orders, supplier invoices, and more,” Rafalson said. “This automation significantly streamlines document-intensive processes, resulting in increased efficiency and accuracy.”
A key factor in the tool’s capability is speed.
“Within seconds, the platform meticulously extracts precise information from documents with intricate structures, automatically maps, recognizes, extracts, and parses data from complex documents, and seamlessly integrates data into any system,” the company says.
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.