TopToolAdvisor
AI tools · Shortlist

10 Best Intelligent Document Processing Software of 2026

By the TopToolAdvisor research desk · Updated November 12, 2026 · Next review December 27, 2026 · 10 products scored

Our pickRossumfinance and AP teams processing high invoice volumes8.8

Our pick in brief

Rossum is the strongest choice for finance teams processing invoices at scale, because its plans are built around AP work: unlimited seats, a validation screen for exceptions, master data matching and certified integrations with SAP and Coupa. Nanonets is the best fit for ops teams that want to start small and pay per workflow step, and Parseur is the cheapest way for a small team to turn emailed documents into spreadsheet rows. Docsumo and ABBYY Vantage serve larger document programs with pre-trained models, while Google Document AI, Amazon Textract and Azure AI Document Intelligence give developers per-page pricing. Veryfi is priced per document for receipts and invoices, and UiPath Document Understanding makes most sense for companies already running UiPath robots.

Quick answer

Rossum is the best intelligent document processing software for finance and accounts payable teams in 2026, because its Starter plan, from $18,000 per year, already includes unlimited seats, email and API ingestion and a human review screen. Nanonets suits ops teams that want to pay per use at $100 per month after $50 in free credits, and Parseur is the cheapest packaged option at $49 per month for 100 pages as of November 2026. Developers who would rather build their own pipeline should look at Amazon Textract, which charges $0.01 per invoice page through its Analyze Expense API.

This list is for operations, finance and accounts payable teams that need to pull structured data out of invoices, receipts, forms and contracts and send it into an ERP, a spreadsheet or an approval workflow. We compared documented features and published prices for 10 products and scored each on features, ease of use and value. Prices are the cheapest paid option in US dollars as shown on the vendor's own page when we checked in November 2026. Docsumo, ABBYY Vantage, Azure AI Document Intelligence and UiPath Document Understanding either quote by volume or did not show a USD price to us, so their prices are marked as pending. The list mixes two kinds of product: finished platforms with a review screen for business users, and cloud APIs that developers wire into their own systems.

By the numbers

Shortlist scores

  1. 1Rossumfinance and AP teams processing high invoice volumes8.8
  2. 2Nanonetsops teams that want to start small and pay per use8.7
  3. 3Parseursmall teams on a budget turning emailed documents into rows8.5
  4. 4Docsumolenders and finance teams processing statements and forms8.3
  5. 5ABBYY Vantageenterprises running large, multi-department document programs8.2
  6. 6Google Document AIdevelopers on Google Cloud building custom extraction8.1
  7. 7Amazon TextractAWS developers who want the lowest cost per invoice page8.0
  8. 8Azure AI Document IntelligenceMicrosoft shops building extraction into Azure apps7.9
  9. 9Veryfifintech and expense apps that need per-document pricing7.8
  10. 10UiPath Document Understandingcompanies already automating with UiPath robots7.6

How the scores work

Each product is rated out of 10 on the same three criteria, then ranked by the weighted total. Scores compare documented features and published prices, not hands-on testing.

  • 35%Features
  • 35%Ease of use
  • 30%Value

Read the scoring method

  1. No. 1, our pick

    Rossum

    An AI document automation platform for transactional documents such as invoices, sales orders and bills of lading, with a validation screen and ERP integrations.

    8.8of 10

    Best for finance and AP teams processing high invoice volumes

    Features
    9.4
    Ease of use
    9.0
    Value
    8.0

    Price

    Starter from $18,000 per year (about $1,500 per month); 14-day free trial

    Quoted from the Rossum pricing page on November 12, 2026: Starting at $18,000 per year

    Rossum ranks first because its plans are organized around accounts payable work rather than generic OCR. The Starter plan, listed at $18,000 per year, includes unlimited seats, document ingestion through email, API or manual upload, the Rossum Aurora extraction model, a validation screen for exceptions and a 12-month searchable archive. The Business tier adds the pieces most AP teams eventually need: master data matching against vendor and PO records, duplicate detection across channels, an intelligent mailbox for supplier communication, and integrations with SAP, Coupa, Workday and Oracle. Rossum says its models are trained in-house on millions of annotated documents, and it lists ISO 27001, SOC 2, HIPAA and TX-RAMP compliance. Coupa announced it has acquired Rossum, which matters if you run a competing procurement suite. The drawbacks are the entry price, the one-year minimum contract and SSO only on Enterprise. Smaller teams should start with Nanonets or Parseur.

    Strengths

    • +Unlimited seats on every plan, so AP clerks and approvers do not add license cost
    • +Lists ISO 27001, SOC 2, HIPAA and TX-RAMP compliance on its pricing page
    • +Models are built in-house rather than sent to third-party models, per the vendor

    Drawbacks

    • −Starter begins at $18,000 per year, well above self-serve tools
    • −Minimum contract length is one year
    • −SSO and a sandbox are reserved for the Enterprise plan
    Starting price
    $18,000 per year (Starter)
    Free trial
    14 days
    Seats
    Unlimited on all plans
    Minimum contract
    One year
    Ownership
    Acquired by Coupa

    Visit rossum.ai|See the Rossum profile

  2. No. 2

    Nanonets

    A pay-per-use workflow platform that extracts, classifies and routes data from invoices, purchase orders and other business documents.

    8.7of 10

    Best for ops teams that want to start small and pay per use

    Features
    8.7
    Ease of use
    8.8
    Value
    8.6

    Price

    $50 in free credits to start; then $100 per month for 100 credits; usage billed per block run

    Quoted from the Nanonets pricing page on November 12, 2026: Then $100/month for 100 credits.

    Nanonets ranks second because it gives ops teams a real document workflow without a large upfront contract. Every account starts with $50 in credits and no card, and after that $100 per month buys 100 credits. Each step in a workflow is a block: formatting and export cost $0.02 per run, classification and validation $0.10, and data extraction or generative AI steps $0.30. Nanonets says a typical invoice workflow runs 4 to 6 blocks, which it puts at under $2 per invoice end to end. The Starter tier covers extraction, API access, email integration and cloud storage connectors for up to 3 users. Growth adds classification, barcode and signature detection, custom Python blocks and ERP integrations with up to 40% off on volume, and Enterprise adds SSO, on-premises deployment and data residency. The catch is that cost varies with workflow design, and larger ERP connectors sit on the top tier.

    Strengths

    • +No platform fees or seat licenses, per the pricing page
    • +$50 in free credits with no card required
    • +Vendor estimates a typical invoice workflow at under $2 per invoice

    Drawbacks

    • −Cost per document depends on how many blocks a workflow runs, which takes some estimating
    • −Starter is limited to 3 users
    • −Salesforce, SAP and Oracle connectors are listed on Enterprise only
    Free credits
    $50, no card required
    Paid entry
    $100 per month for 100 credits
    Complex AI block
    $0.30 per run
    Volume discount
    Up to 40%

    Visit nanonets.com|See the Nanonets profile

  3. No. 3

    Parseur

    A document and email parser that extracts data with AI or templates and sends it to spreadsheets, Zapier, Power Automate and webhooks.

    8.5of 10

    Best for small teams on a budget turning emailed documents into rows

    Features
    7.6
    Ease of use
    9.2
    Value
    8.8

    Price

    Free tier with 20 pages a month; Micro $49 per month for 100 pages; $468 per year billed annually

    Quoted from the Parseur pricing page on November 12, 2026: Micro 100 $49 $468

    Parseur ranks third because it is the cheapest verified way for a small team to get document data out of an inbox and into the tools it already uses. The free tier covers 20 pages a month, and paid plans run from Micro at $49 per month for 100 pages to Pro at $499 for 10,000 pages, with annual billing priced lower. Documents arrive by email forwarding, API or upload, and Parseur extracts fields with Vision AI, Text AI or templates, then normalizes and validates them. Every tier, including free, exports to Excel, CSV, JSON and Google Sheets and connects to Zapier, Power Automate, Make, webhooks and the API. That makes it a practical fit for invoices, purchase orders and order confirmations that land in a shared mailbox. It is not an AP platform, so there is no PO matching or duplicate detection, and per-page pricing adds up on long documents.

    Strengths

    • +Cheapest verified paid entry on this list at $49 per month
    • +Integrations are not gated: even the free tier exports to Zapier, Make and webhooks
    • +High-volume options go up to 1M pages per month

    Drawbacks

    • −Priced per page, so long multi-page invoices use the allowance quickly
    • −No dedicated AP features such as PO matching or duplicate detection
    • −Payment by bank wire or purchase order is Enterprise only
    Free plan
    Yes, 20 pages a month
    Micro
    $49 per month, 100 pages
    Starter
    $129 per month, 1,000 pages
    Pro
    $499 per month, 10,000 pages

    Visit parseur.com|See the Parseur profile

  4. No. 4

    Docsumo

    A document AI platform that classifies, splits and extracts data from financial documents such as bank statements, invoices, pay stubs and tax forms.

    8.3of 10

    Best for lenders and finance teams processing statements and forms

    Features
    8.8
    Ease of use
    8.6
    Value
    7.5

    Price

    See vendor pricing (USD check pending); 14-day free trial with up to 1,000 pages

    We could not confirm a US price yet. Check the Docsumo pricing page.

    Docsumo ranks fourth because it covers the documents finance and lending teams struggle with most, but it does not publish a price. The 14-day trial is generous: up to 1,000 pages on your own files, 10 user licences, unlimited pre-trained models, field and table extraction and an AI document reviewer. The Business plan adds unlimited users, auto-classification and splitting, AI transforms for validation and categorization, custom pipelines, a test environment and audit logs. Docsumo publishes solution pages for bank statements, invoices, ACORD forms, pay stubs, tax forms, utility bills and bills of lading, and lists SOC 2 Type 2, ISO 27001, HIPAA and GDPR. Pricing is based on the pages you process, with classification, master data lookups and cross-document checks adding to the cost, and annual plans priced lower than monthly. The lack of a list price makes it hard to compare before a sales call.

    Strengths

    • +Trial runs on your own documents with up to 1,000 pages
    • +Lists SOC 2 Type 2, ISO 27001, HIPAA and GDPR
    • +Strong coverage of lending and insurance document types

    Drawbacks

    • −No published price; Business and Enterprise are quoted on page volume
    • −Trial is set up on a call rather than fully self-serve
    • −Classification, lookups and cross-document checks add to the cost
    Free trial
    14 days, up to 1,000 pages
    Trial seats
    10 user licences
    Pricing basis
    Pages processed per month or year
    Security
    SOC 2 Type 2, ISO 27001, HIPAA, GDPR

    Visit docsumo.com|See the Docsumo profile

  5. No. 5

    ABBYY Vantage

    A low-code intelligent document processing platform built on pre-trained document skills that plug into RPA, BPM and ERP systems.

    8.2of 10

    Best for enterprises running large, multi-department document programs

    Features
    9.4
    Ease of use
    7.9
    Value
    7.2

    Price

    See vendor pricing (USD check pending)

    We could not confirm a US price yet. Check the ABBYY Vantage pricing page.

    ABBYY Vantage ranks fifth because it has the broadest enterprise feature set on this list but no public price. ABBYY describes Vantage as a low-code, no-code platform with pre-trained skills for more than 150 use cases, and the ABBYY Marketplace adds packaged skills for areas such as financial services and transportation documents. It handles structured, semi-structured and unstructured documents, including handwriting, barcodes and check boxes. When you upload a document, Vantage identifies the type and suggests a matching skill, or you can build your own in the Skill Designer. Skills are callable from Microsoft Power Automate, Blue Prism, UiPath and Automation Anywhere, or through the REST API, and they learn from corrections made in human review. ABBYY says its skills reach 90% accuracy at the start, which is a vendor claim worth testing on your own invoices. Expect a sales-led process and a longer setup than self-serve tools.

    Strengths

    • +Wide library of pre-trained skills across finance, insurance and logistics
    • +Skills keep learning from corrections made during human review
    • +Works with the major RPA platforms rather than tying you to one

    Drawbacks

    • −No published pricing; every deal goes through sales
    • −Built for enterprise programs, so setup is heavier than self-serve tools
    • −Accuracy claims, such as 90% at the start, come from the vendor
    Pre-trained skills
    150+ use cases
    RPA integrations
    Power Automate, Blue Prism, UiPath, Automation Anywhere
    API
    Vantage REST API
    Pricing
    Through sales

    Visit abbyy.com|See the ABBYY Vantage profile

  6. No. 6

    Google Document AI

    Google Cloud's document processing service with OCR, form parsing, custom extractors and specialized invoice and expense parsers billed per page.

    8.1of 10

    Best for developers on Google Cloud building custom extraction

    Features
    8.8
    Ease of use
    6.9
    Value
    8.8

    Price

    Pay as you go; Form Parser and Custom Extractor $30 per 1,000 pages up to 1M pages, $20 after

    Quoted from the Google Document AI pricing page on November 12, 2026: ($30 / 1,000 pages) * (100 pages) = $3 for prediction services

    Google Document AI ranks sixth because it offers clear per-page pricing and a wide set of processors, but it is a developer service rather than a finished tool. On its pricing page, Form Parser and the Custom Extractor both cost $30 per 1,000 pages up to one million pages a month and $20 after that, and Google notes the custom extractor costs the same whether it runs on a generative AI processor or a trained model. Specialized invoice, expense and utility parsers are priced separately, a procurement document splitter and classifier costs $0.05 per classified document, and a Layout Parser handles chunking for retrieval pipelines. Savings plans reduce rates further. What you do not get is a review screen, approval routing or ERP connectors: your team builds those on Google Cloud. Some processors are also limited-access and require a request form. For finance teams without developers, Rossum or Nanonets is a better fit.

    Strengths

    • +Clear published per-page prices in USD
    • +Volume tier drops Form Parser to $20 per 1,000 pages after 1M pages
    • +Savings plans lower the per-page rate further

    Drawbacks

    • −No review screen for business users; you build the workflow
    • −Some processors are limited-access and need a request form
    • −Requires a Google Cloud project and developer setup
    Form Parser
    $30 per 1,000 pages up to 1M
    Over 1M pages
    $20 per 1,000 pages
    Procurement splitter
    $0.05 per classified document
    Billing
    Pay as you go

    Visit cloud.google.com|See the Google Document AI profile

  7. No. 7

    Amazon Textract

    An AWS machine learning service that extracts text, forms, tables, invoice fields and ID data through five per-page APIs.

    8.0of 10

    Best for AWS developers who want the lowest cost per invoice page

    Features
    8.5
    Ease of use
    6.8
    Value
    8.9

    Price

    Pay per page; Analyze Expense $0.01 per page for the first 1M pages, $0.008 after; 3-month free tier

    Quoted from the Amazon Textract pricing page on November 12, 2026: The pricing per page in the US West (Oregon) region for one million pages is $0.01 per page and $0.008 per page after one million.

    Amazon Textract ranks seventh because it has the lowest published price for invoice extraction but leaves the workflow to your developers. The pricing page lists five APIs. Analyze Expense, which reads invoices and receipts, costs $0.01 per page for the first million pages in US West (Oregon) and $0.008 after that. Detect Document Text costs $0.0015 per page, and Analyze Document charges per feature, with forms, tables, queries and signatures priced separately. Queries let a developer ask for a field in plain language, and Custom Queries adapters tune Textract for business-specific documents. Analyze Lending classifies and extracts mortgage documents at $0.07 per page. New AWS customers get a three-month free tier with 100 Analyze Expense pages a month. There is no screen for an AP clerk to correct fields, so most finance teams pair Textract with their own review tool or pick a platform instead.

    Strengths

    • +Lowest published per-page price for invoice extraction on this list
    • +Plain-text OCR costs $0.0015 per page for the first 1M pages
    • +Native fit for teams already storing documents in AWS

    Drawbacks

    • −No business user interface for reviewing fields
    • −Free tier lasts only three months and covers new AWS customers
    • −Combining features such as forms, tables and queries raises the per-page price
    Analyze Expense
    $0.01 per page, $0.008 after 1M
    Detect Document Text
    $0.0015 per page
    Analyze Lending
    $0.07 per page
    Free tier
    3 months for new AWS customers

    Visit aws.amazon.com|See the Amazon Textract profile

  8. No. 8

    Azure AI Document Intelligence

    Microsoft's document extraction service with prebuilt invoice, receipt, bank statement and tax models plus custom neural models.

    7.9of 10

    Best for Microsoft shops building extraction into Azure apps

    Features
    8.7
    Ease of use
    6.7
    Value
    8.3

    Price

    Free tier with 500 pages a month; paid rates: see vendor pricing (USD check pending)

    We could not confirm a US price yet. Check the Azure AI Document Intelligence pricing page.

    Azure AI Document Intelligence ranks eighth because it has a strong prebuilt model catalog but, like the other cloud APIs, leaves the workflow to developers, and its paid rates did not show a USD figure for us. Microsoft documents prebuilt models for invoices, receipts, bank statements, checks, contracts, credit cards, pay stubs and US tax forms such as the W-2, plus custom neural and classification models for documents specific to your business. Developers work in Document Intelligence Studio or through the REST API and SDKs for C#, Java, JavaScript and Python. A free tier covers 500 pages a month, and commitment tiers and disconnected containers cover high-volume and offline needs. Training custom neural models is free for the first 10 hours, then $3 per hour. Microsoft now positions the service inside Azure Content Understanding, which adds LLM-powered analyzers for unstructured content. Check the current per-page rate in the Azure calculator before you commit.

    Strengths

    • +Wide prebuilt model catalog for finance and tax documents
    • +Containers allow processing in your own environment
    • +Part of Azure Content Understanding, which adds LLM-powered analyzers

    Drawbacks

    • −Paid per-page rates did not render in USD for us
    • −Custom neural training beyond 10 free hours costs $3 per hour
    • −Requires developer setup; no AP workflow included
    Free tier
    500 pages per month
    Prebuilt models
    Invoice, receipt, bank statement, check, contract, pay stub, US tax
    SDKs
    C#, Java, JavaScript, Python
    Extra neural training
    $3 per hour after 10 hours

    Visit azure.microsoft.com|See the Azure AI Document Intelligence profile

  9. No. 9

    Veryfi

    A document capture and extraction API with mobile SDKs, priced per document for invoices, receipts, checks and bank statements.

    7.8of 10

    Best for fintech and expense apps that need per-document pricing

    Features
    8.0
    Ease of use
    7.8
    Value
    7.6

    Price

    Free plan up to 100 documents a month; Starter $500 per month minimum commitment; invoices $0.16 each

    Quoted from the Veryfi pricing page on November 12, 2026: $500/mo minimum commitment

    Veryfi ranks ninth because it is well suited to apps that capture receipts and invoices, but its $500 monthly minimum is steep for an ops team processing a few hundred documents. The pricing page lists a free plan for up to 100 documents a month, then a Starter tier with a $500 per month minimum commitment that buys usage at published rates: $0.16 per invoice, $0.08 per receipt, $0.25 per bank check or bank statement, and $0.16 per W-2 or W-9. At 10,000 documents or more, Veryfi offers volume pricing through sales. The product leans toward developers, with camera SDKs for mobile and browser, SDKs in Python, Node.js, Java, C#, Go and other languages, and add-ons for fraud detection and embedded capture. Veryfi lists SOC 2 Type II, GDPR, CCPA and ITAR compliance and signs HIPAA BAAs. Finance teams wanting a review screen and ERP integrations will find more in Rossum or Nanonets.

    Strengths

    • +Transparent per-document prices for each document type
    • +Lists SOC 2 Type II, GDPR, CCPA, ITAR and HIPAA with BAAs
    • +Cloud API, hybrid or on-premises deployment when required

    Drawbacks

    • −Paid Starter tier requires a $500 monthly minimum
    • −Volume discounts start only at 10,000 documents, via sales
    • −Credit cards and some other document types need custom pricing
    Free plan
    Up to 100 documents a month
    Starter
    $500 per month minimum
    Invoice price
    $0.16 per invoice
    Receipt price
    $0.08 per receipt

    Visit veryfi.com|See the Veryfi profile

  10. No. 10

    UiPath Document Understanding

    UiPath's document processing product, now part of UiPath IXP, that classifies and extracts document data for robots and AI agents.

    7.6of 10

    Best for companies already automating with UiPath robots

    Features
    9.0
    Ease of use
    6.8
    Value
    6.8

    Price

    See vendor pricing (USD check pending); usage metered in AI units per page

    We could not confirm a US price yet. Check the UiPath Document Understanding pricing page.

    UiPath Document Understanding ranks last for this audience because its value depends on already using UiPath, not because it lacks features. UiPath now groups it under UiPath IXP, which extracts data from structured, semi-structured and unstructured documents and sends it to robots, AI agents and Maestro orchestration on the same platform. Its documentation explains the metering: under modern projects, digitization including OCR costs 0 AI units, classification 0.2 units per page and extraction 0.8 units after classification, with a cap of 1 AI unit per page. Generative classifiers and extractors use the same rate, and the rate applies to both robot activities and REST API calls. Predefined document types include W-2, W-9, utility bills and vehicle titles, and a configurable validation step keeps people in the loop. UiPath cites a customer that processes 4,500 invoices a month at 90% straight-through processing. Teams outside the UiPath ecosystem will find Rossum or Nanonets simpler to buy.

    Strengths

    • +Digitization, including OCR, is free under the per-operation model
    • +Extracted data feeds directly into UiPath robots, agents and Maestro orchestration
    • +Same rate for RPA activity and REST API operations

    Drawbacks

    • −Value depends on buying into the wider UiPath platform
    • −AI units add a layer of conversion before you know the dollar cost
    • −Heavier setup than standalone document tools
    Classification
    0.2 AI units per page
    Extraction
    0.8 AI units per page after classification
    Per-page cap
    1 AI unit
    Digitization
    Free

    Visit uipath.com|See the UiPath Document Understanding profile

What to check before you buy

Decide between a platform and an API

Rossum, Nanonets, Docsumo, Parseur and ABBYY Vantage include a screen where staff check and correct extracted fields. Amazon Textract, Google Document AI and Azure AI Document Intelligence return JSON from an API, so you need a developer to build review, routing and export.

Work out your cost per invoice

Per-page APIs are cheap: Amazon Textract charges $0.01 per page for invoices and receipts, and Veryfi charges $0.16 per invoice. Platforms cost more per document but include the workflow; Nanonets says a typical invoice workflow costs under $2 end to end.

Check how exceptions get reviewed

No extraction model is right every time, so look at how a person fixes a field. Rossum includes a validation screen for human in the loop review on its Starter plan, Docsumo includes an AI document reviewer, and ABBYY Vantage uses reviewer corrections to keep training its skills.

Match the integrations to your ERP

Rossum lists integrations with SAP, Coupa, Workday, Oracle and QuickBooks, Nanonets lists Salesforce, SAP and Oracle connectors on Enterprise, and Parseur sends data to Zapier, Power Automate, Make and webhooks on every tier including free.

Look at contract terms before the demo

Rossum has a one-year minimum contract, Veryfi's paid tier carries a $500 monthly minimum, and Docsumo quotes Business and Enterprise by page volume. Parseur and Nanonets let you start on a card without talking to sales.

Common questions

What is the best intelligent document processing software in 2026?
Rossum ranks first on our list for finance and AP teams. Its Starter plan starts at $18,000 per year and includes unlimited seats, email and API ingestion and a validation screen for exceptions. Nanonets and Parseur follow.
What is intelligent document processing?
Intelligent document processing (IDP) is software that classifies documents such as invoices, forms and contracts, extracts the fields you need and passes them to other systems. Unlike plain OCR, IDP tools understand which value is the invoice total or the vendor name, and most include a step where a person checks low-confidence fields.
How much does intelligent document processing cost per invoice?
It ranges from about one cent to a few dollars. Amazon Textract's Analyze Expense API costs $0.01 per page, Veryfi charges $0.16 per invoice, and Nanonets estimates its full invoice workflow at under $2 per invoice including classification and export.
Is there free intelligent document processing software?
Yes, with limits. Parseur's free tier covers 20 pages a month, Veryfi's free plan covers up to 100 documents a month, and Azure AI Document Intelligence includes 500 free pages a month. Nanonets gives new accounts $50 in credits.
What is the best IDP software for accounts payable?
Rossum is the strongest AP option on our list. Its Business plan adds master data matching, duplicate detection and integrations with SAP, Coupa, Workday and Oracle, and Rossum also sells AP apps for early payment discount detection and predictive GL coding.
Should I use an API like Textract or a platform like Rossum?
Use an API if you have developers and want the lowest cost per page; use a platform if business users need to review and approve data. Amazon Textract, Google Document AI and Azure return data through an API, while Rossum, Nanonets and Docsumo include a review screen and integrations.
Can IDP software read handwriting?
Some can. ABBYY Vantage states it processes handwriting, barcodes and check boxes, and Amazon Textract's Detect Document Text API extracts both printed text and handwriting.

Questions or corrections: editorial@toptooladvisor.com

See our disclosure and editorial policy. Vendors update prices without notice, so confirm on their site first.

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