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Nanonets — AI Automation Tool

Review star icon 4.5 / 5 (from 68 reviews)
Ranking star icon Rated #18 in AI Automation Tools
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What is Nanonets?

Nanonets extracts data from documents like invoices and financial reports using AI and optical character recognition. The platform integrates with accounting software and enterprise systems, allowing businesses to automate manual data entry and processing.

What sets Nanonets apart?

Nanonets sets itself apart with its ability to process a wide range of document types, from purchase orders to expense reports. This versatility proves particularly helpful for accountants and finance teams dealing with varied paperwork daily. By reducing manual data entry, Nanonets allows these professionals to focus on higher-value tasks while improving data accuracy.

Nanonets Use Cases

  • Extract data from documents
  • Automate invoice processing
  • Streamline accounts payable
  • Digitize paper records

Who uses Nanonets?

Data Analysts Operations Analysts Auditors Internal Auditors Procurement Managers Bookkeepers Accounts Payable Analysts Business Analysts Compliance Managers Risk Analysts Tax Preparers Human Resources Managers Office Administrators Financial Examiners Legal Assistants Business Controls Analysts Accountants Financial Analysts Administrative Assistants

Features and Benefits

  • Feature icon AI-Powered OCR
    Extract data from documents using artificial intelligence and optical character recognition technology.
  • Feature icon Workflow Automation
    Create custom, no-code workflows to automate document processing and data extraction tasks.
  • Feature icon Multiple Integration Options
    Connect with various business tools and systems through APIs, webhooks, and pre-built integrations.
  • Feature icon Table Extraction
    Automatically identify and extract tabular data from various document types and formats.
  • Feature icon Custom Model Training
    Train AI models on specific document types to improve extraction accuracy for unique use cases.

Nanonets Pros and Cons

Pros
  • Circle checkmark icon Automates manual data entry using AI
  • Circle checkmark icon Extracts data from unstructured documents
  • Circle checkmark icon Easy-to-use interface for creating custom models
  • Circle checkmark icon Integrates with various business applications
  • Circle checkmark icon Reduces processing time for document handling
  • Circle checkmark icon Provides real-time data extraction and analysis
  • Circle checkmark icon Offers flexible deployment options including cloud and on-premise
Cons
  • Cross icon Pricing may be high for small businesses
  • Cross icon Limited output options for on-premise deployment
  • Cross icon Learning curve for creating complex custom models
  • Cross icon Occasional accuracy issues with certain document types
  • Cross icon Customer support response times could be improved
  • Cross icon Limited offline functionality

Pricing

Free Trial
Starter Price not available
  • Circle check icon Pay as you go
  • Circle check icon First 500 pages free, then $0.3/page
  • Circle check icon No monthly fee
  • Circle check icon 3 Starter Workflows
  • Circle check icon Limited fields
  • Circle check icon Auto-capture tables (line items)
  • Circle check icon Workflow integrations at $0.05/step run
Pro $999/mo
  • Circle check icon 10,000 pages, then $0.1/page
  • Circle check icon Auto-capture line items (tables)
  • Circle check icon Up to 20 fields
  • Circle check icon Add team members
  • Circle check icon Custom Data Capture AI
  • Circle check icon Annotation services, Customisation hours
  • Circle check icon Export to MS Dynamic, Salesforce, SAP
Enterprise Price not available
  • Circle check icon Everything in Pro, and add-ons
  • Circle check icon SSO/SAML Login
  • Circle check icon SLAs
  • Circle check icon Dedicated Account Manager
  • Circle check icon Custom Integrations and API Responses
  • Circle check icon Customized client onboarding
  • Circle check icon White-labelled UI
  • Circle check icon Custom Data Retention
  • Circle check icon Multiple licenses, models and workflows
  • Circle check icon Personalized 1-1 team training
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