Nanonets
About Nanonets
Nanonets is an AI-driven solution that automates document processing and data extraction workflows. Leveraging advanced Optical Character Recognition (OCR) and deep learning models, Nanonets helps companies automate document-heavy business processes like accounts payable, order processing and insurance underwriting.
Nanonets processes unstructured documents such as invoices, receipts, purchase orders, contracts, claims, and forms and converts them into structured output. Trusted by 34% of Fortune 500 companies, Nanonets scales from small to enterprise-grade document automation, providing an intuitive and highly customizable platform that streamlines business workflows.
By integrating with your existing systems via APIs, Nanonets can reduce manual effort by up to 90%, delivering industry-leading accuracy, speed, and cost savings of up to 50%.
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- Industry: Apparel & Fashion
- Company size: 10,000+ Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Great for automating payables
Reviewed on 10/8/2022
Nanonets is a pretty robust AP automation contender. It helped us reduce the average invoice...
Nanonets is a pretty robust AP automation contender. It helped us reduce the average invoice processing time by a large factor.
Pros
Nanonet's out of the box invoice/receipt parser is pretty accurate. It was also flexible for custom requirements.
Cons
The integration set up had some issues to begin with, which required more than a week to set right. Not entirely sure whether the issue was with Nanonets or our ERP.
- Industry: Information Technology & Services
- Company size: 10,000+ Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Amazing invoice processing software
Reviewed on 19/1/2023
Pros
Customer support stood out the most to us. Our queries were resolved on time and the post-processing functionalities on the platform allowed us to do much more with our data.
Cons
While the software was a bit expensive, in retrospect the roi has justified it.
Alternatives Considered
OmniPage Capture SDKReasons for Switching to Nanonets
Due to ease of use, model accuracy and user friendly UI.- Industry: Management Consulting
- Company size: 501–1,000 Employees
- Used Monthly for Free Trial
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Simple review
Reviewed on 20/4/2022
My overall experience of using nanonets was good but some improvements needs to be implemented to...
My overall experience of using nanonets was good but some improvements needs to be implemented to get the best experience.
Pros
The most I like about this software was document entry automation and use of AI is implemented in the backend to smoothen the process.
Cons
I think all the features implemented in nanonets are perfectly fine but some features needs some improvement which will enhance the usability of nanonets.
- Industry: Computer Software
- Company size: 10,000+ Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Great IDP tool with neat integrations
Reviewed on 1/9/2022
Nanonets helped us save almost 300 man hours a month right off the bat.
We set up an almost...
Nanonets helped us save almost 300 man hours a month right off the bat.
We set up an almost touchless autoamted process to handle the entire worklfow of receiving document, extracting data and ingesting it into an appropriate database in the format of our choice.
Pros
The ability to create custom data extraction models for specific document types. Our use case was limited to a set of internal documents that Nanonets learnt to identify and pull key data from. Nanonets was also instrumental in setting up an automated worklfow to pull the raw data, extract relevant data and ingest the same into our DB of coice.
Cons
The trial period could have been a bit longer by default IMO. There was just quite a lot to test wrt our workflow.
But the team at Nanonets did extend it on our request- so that's alright.
Reasons for Choosing Nanonets
Too expensive. Results were subpar.Switched From
RossumReasons for Switching to Nanonets
Pricing, accuracy and ease of setting up the workflow.
- Industry: Computer Software
- Company size: 11–50 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Very easy to use
Reviewed on 1/7/2021
we can start create a custom model by uploading 10 samples, nanonet can read whatever the position...
we can start create a custom model by uploading 10 samples, nanonet can read whatever the position of the document and whatever the kind of document type
Pros
This software is really impactful, easy to adopt, easy to make a custom model, flexible to deploy
Cons
limited output when implemented on-premise
Reasons for Choosing Nanonets
because it was really painful to create a model, and the extraction result was very badReasons for Switching to Nanonets
because Nanonets is very easy to use and has competitive priceNanonets FAQs
Below are some frequently asked questions for Nanonets.Q. What type of pricing plans does Nanonets offer?
Nanonets offers the following pricing plans:
- Starting from: US$0.30
- Pricing model: Free Version
- Free Trial: Not Available
Q. Who are the typical users of Nanonets?
Nanonets has the following typical customers:
11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does Nanonets support?
Nanonets supports the following languages:
English
Q. Does Nanonets support mobile devices?
Nanonets supports the following devices:
Q. What other apps does Nanonets integrate with?
Nanonets integrates with the following applications:
Dropbox Business, Google Docs, Xero, Zapier
Q. What level of support does Nanonets offer?
Nanonets offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
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