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    Nanonets

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    Sold by: Nanonets 
    Nanonets is an AI-driven solution that automates document processing and data extraction workflows. Leveraging advanced Optical Character Recognition (OCR) and deep learning models, Nanonets helps companies automate document-heavy business processes like accounts payable, order processing and insurance underwriting. Nanonets processes unstructured documents such as invoices, receipts, purchase orders, contracts, claims, and forms and converts them into structured output. By integrating with your existing systems via APIs, Nanonets can reduce manual effort by up to 90%, delivering industry-leading accuracy, speed, and cost savings of up to 50%.

    Overview

    Nanonets is an AI-driven solution that automates document processing and data extraction workflows. Leveraging advanced Optical Character Recognition (OCR) and deep learning models, Nanonets helps companies automate document-heavy business processes like accounts payable, order processing and insurance underwriting.

    Nanonets processes unstructured documents such as invoices, receipts, purchase orders, contracts, claims, and forms and converts them into structured output. Trusted by 34% of Fortune 500 companies, Nanonets scales from small to enterprise-grade document automation, providing an intuitive and highly customizable platform that streamlines business workflows.

    By integrating with your existing systems via APIs, Nanonets can reduce manual effort by up to 90%, delivering industry-leading accuracy, speed, and cost savings of up to 50%.

    For custom pricing, EULA, or a private contract, please contact support@nanonets.com  for a private offer.

    Highlights

    • Extract meaningful information from unstructured data
    • Automate any complex business processe with AI
    • 3.5x median ROI over a 6-month payback period

    Details

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    Features and programs

    Financing for AWS Marketplace purchases

    AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
    Financing for AWS Marketplace purchases

    Pricing

    Pricing is based on contract duration. You pay upfront or in installments according to your contract terms with the vendor. This entitles you to a specified quantity of use for the contract duration. Usage-based pricing is in effect for any usage exceeds the entitle amount or not covered in the contract. These charges will be applied on top of the contract price. If you choose not to renew or replace your contract before it ends, access to your entitlements will expire.

    1-month contract (2)

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    Dimension
    Description
    Cost/month
    users
    Number of users allowed via SSO
    $42.00
    models
    1 Model and 5000 pages per month
    $500.00

    Additional usage costs (2)

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    The following dimensions are not included in the contract terms, which will be charged based on your usage.

    Dimension
    Cost/unit
    Additional pages processed on top of what is available
    $0.01
    Customization charges
    $1.00

    Vendor refund policy

    Nanonets platform supports the Trial period during which the platform can be accessed for free and refundable within the trial period if you want to cancel. If you need any more changes to the plan or refund post the trial period please contact us.

    Legal

    Vendor terms and conditions

    Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA) .

    Content disclaimer

    Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.

    Usage information

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    Delivery details

    Software as a Service (SaaS)

    SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.

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    Support

    Vendor support

    AWS infrastructure support

    AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.

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    Ratings and reviews

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    82 external reviews
    External reviews are sourced from G2  and are not included in the star rating for this product.
    Investment Management

    Excellent

    Reviewed on Nov 05, 2024
    Review provided by G2
    What do you like best about the product?
    The tool is intuitive, saving us significant time and ensuring that no critical data is missed. It’s an excellent solution for anyone dealing with large volumes of PDF data. Additionally, the customer support team has always been quick to respond, ensuring that every question is fully addressed.
    What do you dislike about the product?
    No issues; everything is functioning correctly
    What problems is the product solving and how is that benefiting you?
    Extract data from PDFs
    Nalie L.

    Good tool to extract data from PDFs

    Reviewed on Nov 05, 2024
    Review provided by G2
    What do you like best about the product?
    It was the most accurate tool we evaluated for extracting data from a PDF to Excel
    What do you dislike about the product?
    There is a learning curve. I recommend working with someone to help you setup the workflow.
    What problems is the product solving and how is that benefiting you?
    Extract data from PDF to excel
    Printing

    Automated OCR

    Reviewed on Oct 28, 2024
    Review provided by G2
    What do you like best about the product?
    I like the automation capabilities, it has made the process much smoother and quicker for us.
    What do you dislike about the product?
    At first it was the Model there was a higher than expected error ratio, the system would still scan even though it was the wrong location or incorrect text. After working with the support team they have imporved this so we have amuch higher correct scan percentage.
    What problems is the product solving and how is that benefiting you?
    We had an issue with the system scanning altrnate text when the scan destination was empty. After working with the support team they were able to corretc the system so that it would scan the area even if it was blank. We needed the b;ank info more than the erounius scan.
    Ivan I.

    Easy. Flexible. Customer Oriented

    Reviewed on Oct 22, 2024
    Review provided by G2
    What do you like best about the product?
    The setup of the system on our site was seamless, thanks to the assistance provided by the Nanonets team. They guided us through the comprehensive process of building, pre- and post-processing our files to achieve the best output. The system interface is intuitive, making it easy to navigate across models and files, whether they are in recognition or already recognized. It's important to mention that the customer support is top-notch; they promptly respond to any reported issues and address them as quickly as possible.
    What do you dislike about the product?
    There are some not-really critical issues with recognition since our case requires some correction of files provided in the pre-processing stage. Sometimes, it is too many emails.
    What problems is the product solving and how is that benefiting you?
    Recognition of damaged excise stamps to build the data set data provided to governance. The main benefit is speeding up the process of processing data, which helps us save time for other things.
    CJ S.

    Great OCR!

    Reviewed on Aug 08, 2024
    Review provided by G2
    What do you like best about the product?
    Easy to use for all users. Easy implementation process and good support.
    What do you dislike about the product?
    No real cons to Nanonets. OCR has come a long way and Nanonets is always improving.
    What problems is the product solving and how is that benefiting you?
    We receive PDF documents and manually entered them. Needed a service that would help automate the document entry.
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