Overview
Product Information on Nanonets
What is Nanonets?
Nanonets Pricing
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Overall experience with Nanonets
“Fast and accurate for efficient data extraction with good AI integration”
“Nanonets: Speed Variability and Bug Issues Affecting an otherwise good product”
About Company
Company Description
Nanonets is an AI-driven solution that automates document processing and data extraction workflows. Nanonets helps businesses automate document-heavy business processes like accounts payable, order processing, and insurance underwriting. Leveraging advanced Optical Character Recognition (OCR) and deep learning models, Nanonets processes unstructured documents such as invoices, receipts, POs, bank statements, bills of lading, contracts, insurance claims, and healthcare forms and converts them into structured output that can be fed into downstream systems.
Company Details
Key Insights
A Snapshot of What Matters - Based on Validated User Reviews
User Sentiment About Nanonets
Reviewer Insights for: Nanonets
Performance of Nanonets Across Market Features
Nanonets Likes & Dislikes
Its user-friendly and integrates well with our workflows which greatly supports efficient document inflow and filtering, providing a higher accuracy in data extraction compared to other similar tools.
Read Full ReviewUsing this product has allowed us to process thousands more documents than we would have been able to otherwise. Also, the customer service is fairly quick and helpful.
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While user-friendly, it can take some time to fully optimize and customize for specific workflows.
Read Full Review1. The processing speed of the platform seems to vary wildly. Sometimes, it will fly through 200 documents, and sometimes it seems to take 10 minutes to go through <50 docs. 2. The product has broken at inopportune times. Our clients rely on speed of service, so delays due to the product breaking has been a source of frustration at times. 3. Sometimes due to most of the staff being located overseas, response is not immediate to an issue although we are typically happy with the help when we receive it.
Read Full ReviewPeriodically we have issues with the transmission of invoices from our portal to the system. On occasion, we have issues with due dates auto filling in based on the created vendor profiles and if not caught then we have vendors that are paid later than their terms are set to. We often have issues with the approval rules accurately applying to invoices that are set to rules and we have to manually add additional approvers, that should automatically assign when the invoice is submitted.
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Peer Discussions
Nanonets Reviews and Ratings
- IT Infrastructure Specialist1B-10B USDManufacturingReview Source
Fast and accurate for efficient data extraction with good AI integration
The data extraction features on this platform are very well implemented and communication with support has always been fast and very effective. - Finance Operations ManagerGov't/PS/EdEducationReview Source
Experience & Issues: An Account of Functional Integration and Support
Overall the experience has been nothing but positive and any issues that we have experienced were quickly resolved. - Chief Financial Officer50M-1B USDManufacturingReview Source
Exceptional Support Team Enhances Product Experience
The product works well and is customizable to our business needs. The implementation and support team is great. The accuracy, speed and ease of use have significantly reduced our customer purchase order process times. - IT Associate50M-1B USDBankingReview Source
Experience the best with Nanonets: Exceptional Service, Quality, and Pricing
The team at Nanonets delivers outstanding service and demonstrates exceptional responsiveness to emails. They are consistently dedicated to enhancing the user experience through their hard work and continuous improvements. - Finance Associate<50M USDSoftwareReview Source
Illustrating the Satisfaction from Accurate Outcomes over a Year
I have been using this product for almost a year now and the team has been delivering per our expectations and required accuracy...