ABBYY FineReader vs. Penneo

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ABBYY FineReader
Score 9.5 out of 10
N/A
ABBYY, headquartered in Moscow offers FineReader, a PDF editor that allows users to convert, edit, share, and collaborate on PDFs. FineReader also converts scanned documents into searchable PDF files.
$16
per month per user
Penneo
Score 10.0 out of 10
N/A
Penneo is a digital signature and digital transaction management software in the Nordics. The solution helps businesses in multiple industries streamline their document-based processes. Business process automation With Penneo enables users to automate repetitive, time-consuming tasks by sending documents for signing to the right people in the right order via predefined workflows. Minimize the risk associated with manual data entry and reduce the time spent on…
$155
per month
Pricing
ABBYY FineReaderPenneo
Editions & Modules
FineReader PDF Standard for Windows
$16
per month per user
FineReader PDF Corporate for Windows
$24
per month per user
FineReader PDF for Mac®
$69
per year per user
FineReader PDF Standard for Windows
$99
per year per user
FineReader PDF Corporate for Windows
$165
per year per user
Penneo Basic
$155
per month
Offerings
Pricing Offerings
ABBYY FineReaderPenneo
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup fee$478 per installation
Additional Details
More Pricing Information
Community Pulse
ABBYY FineReaderPenneo
Top Pros

No answers on this topic

Top Cons

No answers on this topic

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User Ratings
ABBYY FineReaderPenneo
Likelihood to Recommend
10.0
(3 ratings)
10.0
(1 ratings)
User Testimonials
ABBYY FineReaderPenneo
Likelihood to Recommend
ABBYY
FineReader is critical for any business that handles scanned documents or works with files that need conversion to Excel, PDF, Powerpoint or various other programs. It's ability to automatically process, read documents and suggest tables is impressive. It can take printed documents and convert all of the text to a editable format which is a huge time saver. In regards to tables it can automatically find and identify columns and separate them out for immediate use in Excel
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Penneo A/S
Penneo is really well suited if you want to handle all contracts online. Reducing process time and reducing "waste" of paper being printed. It can speed up the process for all. To my knowledge, it's not possible to fraud the system, and the files being signed are always verified correctly.
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Pros
ABBYY
  • OCR scanning
  • Refining scanned text
  • Sophisticated and flexible OCR settings/adjustments
  • High-quality editing and document comparison tools
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Penneo A/S
  • Easy to handle contracts
  • Unable for users to edit contracts, which ensure compliance for our legal team.
  • All files can be stored on your computer.
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Cons
ABBYY
  • A versioning system of the work done or the editions that have been saved in the files, or a tracking of changes between one version and another would be fabulous
  • An improvement that would be asked would be as previews or suggestions of the type of file that could be beneficial to use in an edition
  • The redesign of the panels is that of the analyzed document, the edition and the changes in my opinion need a resizing to have a better view of the work
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Penneo A/S
  • For Danish users, it would be nice if Penneo offered the ability to sign and verify using MitID.
  • For signees, it would be nice to have a feature to add comments for documents, not just personal but also for the client.
  • As company the software solution is really great. There is not much negative points to highlight.
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Alternatives Considered
ABBYY
While Adobe Reader can identify documents and convert them to some other various formats, it cannot process the documents to identify tables for use in Excel. We only had success by letting Adobe read a file for any identifiable text but it wasn't always accurate. FineReaders ability to handle hundreds of pages at once felt leaps and bounds above Adobe
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Penneo A/S
No answers on this topic
Return on Investment
ABBYY
  • ABBYY FineReader is an irreplaceable tool for preparing documents for document management systems and getting the most of them afterward
  • Great time saver in various scenarios related to work with scans and photos of documents
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Penneo A/S
  • As stated earlier Penneo has made a really positive impact on reducing our process time when signing contracts. Now we are able to complete a process with two or three sign-offs within a day. Before this process usually took a week.
  • We reduce a lot of physical storage by having all files electronically. Files are saved as PDFs and stored securely on a server. Earlier these were printed files stored in a physical folder.
  • As a large company we really want to reduce of environmental impact, and reducing a lot of physical prints is also a key measure for us. Penneo has had a positive impact on us in this regard.
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ScreenShots

ABBYY FineReader Screenshots

Screenshot of a display of the options: view, edit, and convert PDFs or compare different versions.Screenshot of PDF editing in FineReader, which is almost like a Word document, where users can rewrite text paragraphs, edit the content in tables, or rearrange the layout.Screenshot of the software's collaboration features, with the ablity to comment on, annotate, or mark up documents.Screenshot of PDF to Word document conversion.Screenshot of fillable fields, in a PDFScreenshot of PDF organization options, which include the ability to merge and rearrange pages, or adding Bates numbering and stamps.

Penneo Screenshots

Screenshot of Custom flows based on predefined rulesScreenshot of Document status overviewScreenshot of Automatic remindersScreenshot of Multi-signing (sign multiple documents at the same time)Screenshot of Identity validation via eIDsScreenshot of Automatic data deletion