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AI-powered intelligent document processing and workflow automation for businesses.

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Reviews onG2Capterra
171 reviews tracked

The Bottom Line

Entry price

Free plan available, paid tiers above

Biggest pro

AI document processing

Biggest con

Accuracy varies

TL;DR - Nanonets

  • Automates intelligent document processing and data extraction using AI.
  • Streamlines complex business workflows with a no-code platform and decision engines.
  • Reduces manual effort and improves accuracy across finance, supply chain, and other operations.
Pricing: Free plan available
Best for: Growing teams
4.8/5 across review platforms

What is Nanonets?

Editorial review
Nanonets is an AI-powered platform designed to automate intelligent document processing and complex business workflows. It helps businesses extract meaningful information from unstructured data across various sources like documents, emails, and databases, transforming it into actionable insights. The platform offers a no-code environment to automate even the most intricate manual workflows, leveraging learnable decision engines to facilitate faster, more informed decisions. Nanonets is ideal for organizations looking to reduce manual effort, improve data accuracy, and achieve significant ROI in areas such as finance (accounts payable, reconciliation, expense management), manufacturing (supply chain optimization, order processing), and insurance (underwriting efficiency). It provides end-to-end process automation from data ingestion and AI-driven extraction to validation and seamless export into existing CRM, ERP, or WMS systems. The platform emphasizes data security, adhering to GDPR, SOC 2, and HIPAA compliance standards.

Available on: Web

Pros & Cons

Pros

  • AI document processing
  • OCR capabilities
  • Good for invoices
  • Easy to use
  • Fair pricing

Cons

  • Accuracy varies
  • Learning curve
  • Limited customization
  • Better alternatives exist
  • Per-page pricing

Ratings Across the Web

4.8(171 reviews)

Ratings aggregated from independent review platforms. Learn more

Key Features

OCR automationDocument processingData extractionCustom modelsAPI accessWorkflow automation

Pricing Plans

Free Trial

Pay as You Go

Free + credits

  • Free to start with $200 in credits
  • No platform fees
  • Per-block pricing
  • Core AI blocks Data Extraction, Classification
  • Basic data import/export API, Email, Storage
  • Control flows and data formatting
  • Teams access

Credits Accelerate

Custom

  • Volume-based cost optimization
  • Team-wide credit sharing
  • Premium AI blocks Checkbox, Barcode, Signature detection
  • Advanced integrations ERP, databases
  • Generative AI capabilities
  • Analytics dashboards

Enterprise

Custom

  • All Premium features
  • SAML SSO and user access controls
  • Region-specific AWS hosting
  • Approval history and file edit logs
  • HIPAA compliance and SOC2
  • Guaranteed SLAs
  • Dedicated support and automation expert

Reviews

4.8/5

Across 171 verified user reviews on G2, Capterra

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Nanonets FAQ

How does Nanonets' AI handle unstructured data from various sources?

Nanonets AI extracts meaningful information from unstructured data across multiple sources, including documents, emails, tickets, or databases. It transforms this data into actionable insights for business processes.

What specific financial processes can Nanonets automate beyond invoice processing?

Beyond invoice processing, Nanonets automates financial reconciliation by matching transactions across bank statements, ledgers, and invoices. It also handles accounts receivable management, expense management, and financial reporting and analysis.

Can Nanonets integrate with existing ERP and accounting software?

Yes, Nanonets supports integration with all accounting and ERP software. It offers certified in-built connectors for tools like D365, Sage, Netsuite, and SAP, allowing for seamless data synchronization.

How does Nanonets ensure data security and compliance for sensitive financial documents?

Nanonets prioritizes data security and adheres to stringent compliance standards, including GDPR, SOC 2, and HIPAA. This commitment ensures the confidentiality and integrity of sensitive financial information.

What is the typical setup time for Nanonets compared to industry standards?

Nanonets boasts a 2-3x faster setup time than industry standards. This allows businesses to implement and begin automating their workflows more quickly.

How does Nanonets assist with order processing in supply chain and operations?

Nanonets automates order processing by extracting order details from emails, PDFs, and scanned documents. It then automates data entry into ERP systems, which reduces processing time and improves order fulfillment accuracy.

Source: nanonets.com

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