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Nanonets Review

Nanonets
Our score: 8.4 User satisfaction: 96%

What is Nanonets?

Nanonets is a document extraction platform that uses an AI-powered engine to quickly and securely capture, classify, and extract data regardless if the document is structured or unstructured. By doing away with laborious data input, your staff will have more time to work on more crucial tasks.

You can submit unstructured invoices from several clients, and it will only extract the fields you need which helps maintain your data clear and uncluttered. If necessary, you may also add more fields. You can quickly verify captured documents to help ensure the accuracy and integrity of data. Additionally, Nanonets supports several platforms, allowing you to seamlessly import data from or export data to your current system without affecting your workflow. This covers services like Zapier, Dropbox, Gmail, Google Drive, and more.

Additionally, as your organization expands, you will deal with more transactions and data. Each time new documents are analyzed, the model gains new knowledge and becomes more accurate in its understanding of and data collection from those documents.

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Overview of Nanonets Benefits

Automated Data Entry

Nanonets enable real-time data collection from unstructured invoices, bills, and receipts, all the way to line items at the SKU level and turn them into standardized JSON which can be used to form actionable data. Bills, invoices, and receipts sent by email may be saved or forwarded to your Nanonets Inbox, or you can simply take a photo of the document and the platform will handle the rest. Additionally, Nanonets can retrieve your purchase order and compare the balances and SKU-level data to reconcile statements. The platform also handles all the communication and updates through its expense approval system.

Table Extraction

With Nanonets, you may extract tables from PDFs, scanned documents, and photos as well as collect pertinent information kept in tabular structures on any document. It can extract data from tables on bills of lading, packing lists, contracts, forms, invoices, insurance papers, and more. Even without explicit grid lines, the system can nevertheless recognize any data that has a table-like structure. Additionally, you can decide whether to record data for whole tables or only certain columns or cells inside tables.

AI-powered OCR API

You can safely collect, classify, and extract unseen, unstructured forms or documents into structured data in seconds. This means that there’s no problem extracting data from a document that isn’t included in the system’s natively supported format. The well-documented and 24/7-available Nanonets Rest API makes it easy for your developer to adapt the system to your needs.

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Overview of Nanonets Features

  • Automated Data Entry
  • OCR API
  • Table Extraction
  • Integration Support
  • Invoice OCR
  • ID OCR
  • Accounts Payable Automation
  • PDF Extraction

Awards & Quality Certificates

An award given to products our B2B experts find especially valuable for companies

Nanonets Position In Our Categories

Since businesses have unique business needs, it is only reasonable that they avoid purchasing an all-in-one, ”best” software system. Nonetheless, it is difficult to chance on such a software solution even among widely used software solutions. The better step to do is to shortlist the various significant factors that demand deliberation such as crucial features, costing, technical skill ability of the employees, business size, etc. After which, you must do the research thoroughly. Browse through some Nanonets review articles and scrutinize each of the solutions in your list in detail. Such comprehensive research guarantees you avoid mismatched software products and buy the system that has all the features your company requires in sustaining growth.

Position of Nanonets in our main categories:

TOP 50

Nanonets is one of the top 50 Data Analytics Software products

Organizations have unique needs and requirements and no software platform can be just right in such a situation. It is useless to try to find an ideal out-of-the-box software product that meets all your business wants. The wise thing to do would be to modify the application for your specific requirements, employee skill levels, budget, and other elements. For these reasons, do not rush and subscribe to well-publicized leading systems. Though these may be widely used, they may not be the best fit for your particular wants. Do your research, look into each short-listed platform in detail, read a few Nanonets Accounts Payable Software reviews, speak to the maker for explanations, and finally choose the app that presents what you need.

How Much Does Nanonets Cost?

Nanonets Pricing Plans:

Free Trial

Starter

Free

Pro

Starts at $499/model monthly ($0.1/page)

Enterprise

Contact vendor

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What are Nanonets pricing details?

Nanonets Pricing Plans:

Free Trial

Starter

Free

Pro

Starts at $499/model monthly ($0.1/page)

Enterprise

Contact vendor

Nanonets uses a per-page enterprise pricing model packaged on different tiers of plans. Its starter plan serves as its free trial as well.

Starter – Free

  • Process 100 pages
  • Limited fields

Pro – Starts at $499/model monthly ($0.1/page)

  • Auto-capture line items (tables)
  • Up to 20 fields
  • Access Annotation services
  • Approval rules
  • Add collaborators from your team
  • $499/month includes processing of up to 5,000 pages. Overages are billed at $0.1/page

Enterprise – By quote

  • On-premise or Private Cloud Deployment
  • SSO/SAML Login
  • SLAs
  • Dedicated Account Manager
  • Custom Integrations and API Responses
  • Customized client onboarding
  • White-labeled UI
  • Custom Data Retention
  • Multiple Licenses Models and Workflows
  • Personalized 1-1 team training

User Satisfaction

Positive Social Media Mentions 189
Negative Social Media Mentions 7

We realize that when you make a decision to get a Accounts Payable Software it’s crucial not only to find out how experts rank it in their reviews, but also to check whether the actual users and businesses that purchased it are actually satisfied with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Nanonets reviews across a wide range of social media sites. The data is then displayed in a simple to digest format indicating how many people had positive and negative experience with Nanonets. With that information available you will be ready to make an informed business choice that you won’t regret.

Video

Technical details

Devices Supported

  • Windows
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Free
  • Monthly payment
  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business
  • Freelancers

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for Nanonets?

Nanonets support integration with a range of business apps, allowing users to directly import from /export to different platforms without having to leave the system. This includes:

  • Zapier
  • Google Drive
  • Gmail
  • Google Docs
  • Google Sheets
  • Dropbox
  • Magento
  • Salesforce
  • QuickBooks
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Jenny Chang

By Jenny Chang

Jenny Chang is a senior writer specializing in SaaS and B2B software solutions. Her decision to focus on these two industries was spurred by their explosive growth in the last decade, much of it she attributes to the emergence of disruptive technologies and the quick adoption by businesses that were quick to recognize their values to their organizations. She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success.

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