Parashift is a document AI platform from Parashift AG in Sissach, Switzerland. It extracts data from invoices and other business documents, with human review, an audit trail and connectors to ERP, CRM and document management systems. It is delivered as SaaS; the homepage states that on-premise installation is not currently available. The platform can also connect third-party language models such as Claude, GPT and Gemini.
Customers choose a processing zone in Germany, Switzerland or the EU. The privacy policy names Google Cloud in Zurich or Frankfurt as the infrastructure and refers to Swiss data protection law and, where applicable, the GDPR. The company has appointed an EU representative under Article 27 GDPR. The infrastructure provider is headquartered in the United States, so US access rights remain relevant at provider level. The privacy policy does not name the AI model providers, so a European organisation should confirm with the vendor whether document content reaches them.