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Nanonets description
Nanonets uses AI to automate business processes, such as invoice processing and data extraction. It reads and understands your documents, pulls out important information, and integrates with other software to streamline workflows. This saves time and reduces errors by automating repetitive tasks. Nanonets aims to increase efficiency and provide data insights for better decision-making. They have a strong reputation, verified by high customer ratings on various platforms.
What companies are using Nanonets?
Who is Nanonets best for
Nanonets is an AI-powered platform ideal for businesses looking to automate document-heavy workflows. Users praise its intuitive interface, accurate data extraction, and excellent customer support. However, some find model training tedious and table extraction customization challenging. Nanonets offers flexible model creation and seamless API integration, making it a valuable tool for streamlining processes and improving decision-making.
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Ideal for small, medium, and enterprise businesses seeking to automate document processing.
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Suitable for various sectors, including Healthcare, Finance, Retail, and Manufacturing.
Nanonets features
| Supported Nanonets offers a no-code platform for building and deploying document processing workflows. |
| Supported Nanonets supports workflow automation to reduce manual effort and save time. |
| Supported Nanonets automates data extraction and classification from various documents like invoices, purchase orders, and contracts. |
| Supported Nanonets automates invoice processing, approvals, and payments, reducing manual work and errors. |
| Supported Nanonets automatically extracts key invoice data, including number, date, amount, and vendor. |
| Supported Nanonets uses machine learning to automate document classification and data extraction. |
| Supported Nanonets automates data extraction from various documents using AI and OCR, reducing manual entry and errors. |
We evaluate the sentiment that users express about non-functional aspects of the software
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Nanonets reviews
We've summarised 146 Nanonets reviews (Nanonets TrustPilot reviews, Nanonets Capterra reviews and Nanonets G2 reviews) and summarised the main points below.
- Easy-to-use UI, praised for its intuitiveness and customizability.
- High accuracy in data extraction, even with handwritten documents.
- Excellent customer support, readily available and responsive.
- Seamless API integration with various platforms.
- Flexible model creation, with options for pre-trained and custom models.
- Model training can be tedious, especially for complex files.
- Table extraction customization can be challenging initially.
- Occasional software freezing or sudden stops.
- Limited output for on-premise implementation.
- Processing time can be lengthy on less powerful machines.
Nanonets pricing
The commentary is based on 18 reviews from Nanonets Capterra reviews and Nanonets G2 reviews.
Nanonets offers a usage-based pricing model. Users start with $200 in free credits. The pricing is based on "blocks," which are used to complete tasks within a workflow. Each block has a standard rate based on its computing needs. Volume discounts are available for higher usage, and additional discounts are offered for annual commitments. Custom solutions are available for enterprise customers with large processing volumes or unique business models.
Users sentiment
See the Nanonets pricing page.
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Nanonets has a free plan.
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Nanonets has a free trial.
Nanonets alternatives
RossumRossum has lower ratings and slower employee growth. It lacks some features like automated invoice processing, automated data extraction, and workflow automation. It has issues with line item recognition and handling large PDFs.Read more
CoupaBetter for spend management and AP automation. Geared towards larger enterprises and has broader industry coverage. Lower ratings on Glassdoor compared to Nanonets.Read more
XeroBetter for core accounting features. A strong Xero alternative for small to medium businesses needing accounting software.Read more
SAP AribaBetter for spend management and procurement automation for larger enterprises. Integrates with existing ERP systems, especially SAP ERP. However, users report a steep learning curve and a complex UI. Pricing information is not readily available.Read more
Glean.aiBetter for mid-sized US companies focused on spend management. More positive pricing sentiment. Stronger in customer support and ease of use. A Nanonets alternative focused on AP automation.Read more
Nanonets FAQ
What is Nanonets and what does Nanonets do?
Nanonets is an AI-powered platform that automates document processing workflows. It uses AI to extract data, classify documents, and integrate with other software for seamless automation, reducing manual work and improving efficiency. Nanonets is praised for its ease of use and accurate data extraction capabilities.
How does Nanonets integrate with other tools?
Nanonets integrates seamlessly via API with various platforms, enabling streamlined workflows. It connects with popular accounting software and other business process automation tools. This allows for automated data transfer and efficient document processing within existing systems.
What the main competitors of Nanonets?
Rossum, Coupa, SAP Ariba, and RapidCanvas are the main Nanonets competitors. These alternatives offer similar AI-powered solutions for document processing, invoice automation, and spend management. They provide features such as data extraction, workflow automation, and integrations with other business software.
Is Nanonets legit?
Nanonets is a legitimate software solution. User reviews praise its intuitive interface, accurate data extraction, and excellent customer support. While model training can be tedious and table extraction customization challenging, its automation capabilities offer significant time savings and error reduction, making it a safe and valuable tool.
How much does Nanonets cost?
Nanonets pricing includes a pay-as-you-go Starter plan at $0.3/page with 500 free pages. Pro and Enterprise plan pricing is custom. Contact Nanonets for Pro and Enterprise pricing details to see if the product is worth it for your needs.
Is Nanonets customer service good?
Nanonets receives positive feedback for its customer service. Users highlight the helpfulness and responsiveness of the support team, praising their quick responses and eagerness to address issues and explore custom solutions. Some users mention prompt rectification of system errors and readily available troubleshooting assistance.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.