TrustRadius Insights
Nanonets has been a game-changer for businesses looking to automate their manual AP activities. The platform's ability to collect and …
Starting at $499 per month API Calls
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What is Nanonets?
Nanonets uses advanced OCR and Deep Learning to extract relevant information from unstructured text and documents. Digitize documents, extract data-fields, and integrate with everyday apps via APIs. Eliminate manual processes and automate invoice, receipt, document reviews. The vendor's value proposition:Reduce…
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Starter
$0
Cloud
per month Pages processed
Pro
$499
Cloud
per month Pages processed
Enterprise
Custom
Cloud
per year Pages processed
Entry-level set up fee?
- Setup fee optionalOptional
For the latest information on pricing, visithttps://nanonets.com/pricing
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Starting price (does not include set up fee)
- $499 per month API Calls
Product Details
- About
- Integrations
- Competitors
- Tech Details
What is Nanonets?
Nanonets uses advanced OCR and Deep Learning to extract relevant information from unstructured text and documents.
Digitize documents, extract data-fields, and integrate with everyday apps via APIs. Eliminate manual processes and automate invoice, receipt, document reviews.
The vendor's value proposition:
- Reduce processing time by up to 90% and save on costs by up to 50%.
- Integrations - API feeds captured data to CRM, WMS, DB, email & more Scalable & Secure - GDPR compliance with on-prem option for additional security
- Continuous Learning AI - The AI learns and improves as the usage multiplies
- Reduce TAT, Save Costs - Costs go down from $1 to $0.1 and TAT from days to minutes
Nanonets Features
- Supported: Customizable Document data extraction
- Supported: Approval flows
- Supported: Custom data validations
- Supported: Lots of integrations and workflows
Nanonets Screenshots
Nanonets Integrations
Nanonets Competitors
Nanonets Technical Details
| Deployment Types | On-premise, Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Windows, Linux, Mac |
| Mobile Application | No |
| Supported Countries | Global |
| Supported Languages | English |
Nanonets Customer Size Distribution
| Consumers | 5% |
|---|---|
| Small Businesses (1-50 employees) | 25% |
| Mid-Size Companies (51-500 employees) | 60% |
| Enterprises (more than 500 employees) | 10% |
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Recommendations
Nanonets has been a game-changer for businesses looking to automate their manual AP activities. The platform's ability to collect and extract data from invoices, POs, packing slips, matching data across different document types has resulted in quick vendor payment approvals and improved cash flows. Customers using Nanonets have reported how the software has made it easy for them to transition retail invoicing from a manual to an automated process, cutting down on man-hours wasted in the manual process and driving cost optimization.
Another key business problem that Nanonets addresses is the inefficiencies in manually collecting data from hard copies of receipts. Customers who have used Nanonets to extract data from hard copy receipts have reported significant improvements in efficiency, with the software eliminating errors resulting from the manual collection of data. Similarly, Nanonets' automation of KYC onboarding processes for customers has led to improved customer onboarding experiences.
The platform's OCR capabilities also help improve productivity by providing accurate results in scanning and extracting work documents from images. Moreover, customers can use Nanonets to intake any document and extract data such as invoice data seamlessly into their system for processing, effectively reducing data entry time and cost. With Nanonets' accurate models compared to other libraries, customers have found it to be a reliable choice for OCR and data extraction tasks.
Users have provided several recommendations for the Nanonets platform. The most common ones are as follows:
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Leveraging the Nanonets platform for evolving business needs and AI solutions: Users recommend using Nanonets to address their evolving business needs and AI requirements. They find it suitable for various industries and applications, highlighting its customization capabilities.
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Trying Nanonets as one of the best software options available: Users suggest giving Nanonets a try, considering it as one of the top software options available. They appreciate its accuracy in providing results and reasonable pricing.
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Integrating Nanonets with your product for satisfaction: Users recommend integrating Nanonets with their own products for a satisfying experience. They believe that integrating Nanonets enhances their overall product functionality and meets their specific requirements.
These recommendations reflect users' positive experiences with Nanonets and highlight its value in addressing business needs, AI solutions, and product integration.