The only Nanonets alternative for seamless data extraction
Top Nanonets Alternatives Ranked
Nanonets
Nanonets provides a no-code AI platform for document automation, featuring pre-trained models for limited document types. It aims to offer scalable solutions for businesses looking to enhance document processing with minimal customization.
Key features -
- Customizable no-code platform for training AI models.
- Fast deployment of the solution.
- Integrates easily with ERP systems like QuickBooks and Salesforce.
Things to consider -
- Limited advanced AI and ML features compared to more robust platforms like Docsumo.
- Some users report the need for further model customization for unique document types.
Pricing -
Nanonets has a pay-as-you-go pricing based on usage and offers three plans - Starter, Pro, and Enterprise. The price per page for the Starter plan begins at $0.3 based on the complexity of the document.
Docsumo
Docsumo is an AI-powered OCR software tailored for technology teams looking to get clean data tables from their documents.
Key features -
- AI-powered data extraction for complex documents (invoices, bank statements, contracts).
- Multiple input methods: emails, APIs, cloud drives, local uploads.
- Customizable validation rules for accurate data and seamless integration.
- Pre-trained AI models with options for custom training on specific datasets.
- Intuitive, user-friendly interface for reduced manual efforts and errors.
- Streamlines document workflows, improves accuracy and cuts processing time.
Things to consider -
According to user reviews, no significant limitations have been reported regarding Docsumo's performance.
Pricing -
Dosumo’s pricing model is divided into Free, Growth, and Enterprise plans. The Free plan offers a free trial, which includes 100 pages per month. The price per page for the Growth plan starts at $0.3.
Amazon Textract
Amazon Textract is a machine learning (ML) service that automatically extracts text, handwriting, layout elements, and data from scanned documents. Unlike basic OCR, it can identify, interpret, and retrieve specific data from documents.
Key features -
- Automatically detects and extracts printed and handwritten text from documents.
- Identifies and extracts key-value pairs, preserving context-like fields and their values.
- Extracts table data while maintaining the structure of rows and columns.
- Recognizes layout elements like paragraphs, titles, and headers for better document understanding.
- Allows query-based extraction, retrieving specific data using natural language queries.
Things to consider -
- Accuracy for handwritten documents can be low, requiring manual intervention.
- Service can be expensive, especially for large-scale document processing.
- Limited language support is available.
Pricing -
Amazon Textract offers a pay-as-you-go pricing model, with rates varying based on the specific API used and the number of pages processed. The basic plan for 1,000 pages begins from $1.50 per page.
Google Document AI
Google Document AI extracts structured data from documents, allowing for efficient analysis, search, and storage. The Document AI suite includes pre-trained models for data extraction, the Document AI Workbench for creating custom models or enhancing existing ones, and the Document AI Warehouse for searching and storing documents.
Key features -
- Transforms scanned images and PDFs into searchable, editable text with OCR.
- Extracts key-value pairs and table data from structured forms.
- Categorizes documents using machine learning for efficient organization.
Things to consider -
- Some documentation is outdated or ambiguous, with limited code examples for various use cases.
- Instructions for training models are unclear, especially for non-technical users.
- Multilingual support is minimal.
- MultilinData extraction from PDFs can sometimes be inaccurate, requiring manual retraining.gual support is minimal.
Pricing -
Google Doc AI offers a pay-as-you-go pricing model. Basic OCR starts at $1.50 per 1,000 pages, with additional costs for more advanced features that come with the different processors.
ABBYY FlexiCapture
ABBYY FlexiCapture is a highly advanced OCR tool praised for its efficiency in digitizing, editing, and managing PDFs, Word documents, and scanned files. It offers a graphical interface that allows users to scan documents, import them, and apply OCR to them.
Key features -
- Utilizes AI-powered OCR for highly accurate text recognition.
- Supports a wide range of document formats.
- Comprehensive tools for editing and managing PDFs.
Things to consider -
- Some advanced features may have a steeper learning curve for users.
- The pricing can be higher compared to more basic OCR solutions.
Pricing -
ABBYY offers two different plans for the FlexiCapture solution, catering to businesses and individuals. The pricing for their Individual plan begins at $34.50/year for Mac devices and $49.50/year for Windows users.
Rossum
Rossum is an AI-powered document processing platform designed to automate data extraction for accounts payable, customs, order management, and quality assurance use cases. It offers a customizable solution with high accuracy and minimal setup, which is ideal for businesses seeking to streamline transactional workflows.
Key features -
- AI-powered document processing with a focus on invoices and purchase orders.
- Customizable AI models with minimal training required.
- Human-in-the-loop capabilities for validation and review.
- Seamless integration with ERP systems like SAP and Oracle.
Things to consider -
- Primarily focused on transactional documents; less flexibility for other types.
- Requires some setup and training for custom workflows.
Pricing -
Rossum segments its custom pricing model into four categories based on volume and specific use cases - Starter, Business, Enterprise, and Ultimate. The Starter plan starts at $1,500 per month.
6 Reasons Why Companies Move from Nanonets to Docsumo
Best suited for enterprises
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Docsumo’s model learns as more document types are processed and also gives straight-through processing of more than 90% for all common use cases.
Integrate easily with your existing systems
Unlike Nanonets, Docsumo provides flexibility in output formats, delivering data in your preferred choices such as MS Excel and JSON.
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