---
description: Learn more about DocuMagnet price, benefits, and disadvantages for businesses in Australia. Read reviews from verified users and discover similar tools that fit your business needs.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress
title: DocuMagnet Cost & Reviews - Capterra Australia 2026
---

Breadcrumb: [Home](/) > [OCR Software](/directory/31459/ocr/software) > [DocuMagnet](/software/1085357/DocuMagnet)

# DocuMagnet

Canonical: https://www.capterra.com.au/software/1085357/DocuMagnet

> DocuMagnet.com is software that uses AI to extract financial data from many types of bank statements, tax forms, and invoices etc.
> 
> Verdict: Rated \*\*\*\* by 0 users. Top-rated for **Overall Quality**.

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## Overview

### Who Uses DocuMagnet?

DocuMagnet caters to small business, accounting firms, CPA firms, tax professionals, financial institutions, software developers, and businesses managing financial documents.

## About the vendor

- **Company**: Proways Consulting

## Commercial Context

- **Starting Price**: USD 10.00
- **Pricing model**: Flat Rate (Free version available) (Free Trial)
- **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Chromebook (Desktop), Android (Mobile), iPhone (Mobile), iPad (Mobile)
- **Supported Languages**: English
- **Available Countries**: Aruba, Austria, Bahamas, Belgium, Bermuda, Bosnia and Herzegovina, Bulgaria, Canada, Cayman Islands, Costa Rica, Croatia, Cyprus, Czechia, Denmark, Dominican Republic, Estonia, Finland, France, Germany, Gibraltar and 30 more

## Features

- API
- Data Extraction
- Data Import/Export
- Document Capture
- Document Conversion
- Document Extraction
- Document Storage
- Optical Character Recognition
- Text Extraction
- Third-Party Integrations

## Support Options

- Email/Help Desk
- Knowledge Base
- Phone Support
- Chat

## Category

- [OCR Software](https://www.capterra.com.au/directory/31459/ocr/software)

## Related Categories

- [OCR Software](https://www.capterra.com.au/directory/31459/ocr/software)
- [Data Extraction Software](https://www.capterra.com.au/directory/30619/data-extraction/software)
- [Document Management Software](https://www.capterra.com.au/directory/30063/document-management/software)
- [Data Entry Software](https://www.capterra.com.au/directory/30543/data-entry/software)

## Alternatives

1. [Adobe Acrobat](https://www.capterra.com.au/software/1012240/adobe-acrobat-dc) — 4.7/5 (4169 reviews)
2. [Nitro PDF](https://www.capterra.com.au/software/167449/nitro) — 4.5/5 (570 reviews)
3. [ECIT Digital](https://www.capterra.com.au/software/1046212/ecit-digital) — 5.0/5 (3 reviews)
4. [iLovePDF](https://www.capterra.com.au/software/173963/ilovepdf) — 4.7/5 (1750 reviews)
5. [Smallpdf](https://www.capterra.com.au/software/172606/smallpdf) — 4.6/5 (951 reviews)

## Links

- [View on Capterra](https://www.capterra.com.au/software/1085357/DocuMagnet)

## This page is available in the following languages

| Locale | URL |
| en | <https://www.capterra.com/p/10036288/DocuMagnet/> |
| en-AE | <https://www.capterra.ae/software/1085357/DocuMagnet> |
| en-AU | <https://www.capterra.com.au/software/1085357/DocuMagnet> |
| en-CA | <https://www.capterra.ca/software/1085357/DocuMagnet> |
| en-GB | <https://www.capterra.co.uk/software/1085357/DocuMagnet> |
| en-IE | <https://www.capterra.ie/software/1085357/DocuMagnet> |
| en-IL | <https://www.capterra.co.il/software/1085357/DocuMagnet> |
| en-IN | <https://www.capterra.in/software/1085357/DocuMagnet> |
| en-NZ | <https://www.capterra.co.nz/software/1085357/DocuMagnet> |
| en-SG | <https://www.capterra.com.sg/software/1085357/DocuMagnet> |
| en-ZA | <https://www.capterra.co.za/software/1085357/DocuMagnet> |

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