Lido: Automate Data Extraction from Documents Efficiently
Frequently Asked Questions about Lido
What is Lido?
Lido is an AI-based data extraction tool designed to help businesses handle documents fast. It can take different types of files like invoices, contracts, bills, and bank statements. Users upload their documents and pick what data they want to gather. Lido's AI then automatically finds and extracts this information, saving time and effort. Unlike other tools, Lido does not need templates or training, making it user-friendly. It supports uploading many files at once and can be connected with shared drives and enterprise resource planning (ERP) systems for smooth workflows. Users can choose specific data fields to extract, such as invoice details or contract clauses, and get the information in formats like Excel, CSV, or directly into ERP solutions. Its key features include the ability to handle multiple file formats, real-time data extraction, customizable data fields, and secure data handling standards. Lido is committed to security, meeting standards like SOC-2 and HIPAA, using AES-256 encryption, and ensuring data is not used for AI training. The tool is priced at three levels: Standard at $29 for basic use, Scale at $3,950 for growing needs, and Enterprise at $20,000 for large organizations. Typical users include data analysts, accountants, finance staff, and managers who want to automate routine tasks and improve accuracy in data entry. Use cases range from extracting invoice data for accounting, processing purchase orders quickly, to extracting contractual clauses for legal review. The main benefit of Lido is that it replaces manual data entry, reduces errors, and speeds up document processing. To use, upload your documents in formats like PDF, image, or Word, type plain English instructions to specify data points, click extract, and download the structured data. Lido simplifies document automation and is a powerful tool for any organization looking to improve efficiency with AI-driven data parsing.
Key Features:
- No Template Needed
- Bulk Uploads
- Real-time Extraction
- Custom Data Fields
- Secure Data Handling
- Multiple File Formats
- ERP Integration
Who should be using Lido?
AI Tools such as Lido is most suitable for Data Analysts, Business Operations Managers, Accountants, Finance Professionals & Administrative Assistants.
What type of AI Tool Lido is categorised as?
What AI Can Do Today categorised Lido under:
How can Lido AI Tool help me?
This AI tool is mainly made to data extraction. Also, Lido can handle upload documents, define data fields, extract data, export to excel & integrate with erp for you.
What Lido can do for you:
- Upload documents
- Define data fields
- Extract data
- Export to Excel
- Integrate with ERP
Common Use Cases for Lido
- Automatically extract invoice data for accounting
- Process purchase orders quickly and accurately
- Extract key data from utility bills for expense tracking
- Automate data entry from bank statements
- Extract contractual clauses for legal review
How to Use Lido
Upload your documents in PDF, image, or Word formats, then define the specific data fields you want to extract by typing plain English instructions. Click extract and download your structured data in Excel or CSV format. You can also connect Lido with your shared drives or ERP systems for automated workflows.
What Lido Replaces
Lido modernizes and automates traditional processes:
- Manual data entry by staff
- Traditional OCR software requiring templates
- Time-consuming document review processes
- Manual invoice processing
- Manual extraction of data from contracts
Lido Pricing
Lido offers flexible pricing plans:
- Standard: $29
- Scale: $3950
- Enterprise: $20000
Additional FAQs
Is Lido suitable for all document types?
Yes, Lido can extract data from a wide range of documents including invoices, contracts, bills, and bank statements.
Does Lido require training or templates?
No, Lido uses AI that automatically understands and extracts data without any model training.
What security measures does Lido have?
Lido complies with SOC-2 and HIPAA standards, uses AES-256 encryption, and ensures data is not used for AI training.
Can it handle bulk documents?
Yes, Lido supports bulk uploads and automated imports from shared drives and email.
What integrations are available?
Lido can export data to Excel, CSV, Google Sheets, QuickBooks, and ERP systems.
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Getting Started with Lido
Ready to try Lido? This AI tool is designed to help you data extraction efficiently. Visit the official website to get started and explore all the features Lido has to offer.