Nanonets

Nanonets is an AI-powered intelligent document processing (IDP) platform that automates data extraction, document classification, and workflow automation. Reduce manual data entry and streamline business processes with AI-driven automation.

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Nanonets is an AI-powered intelligent document processing (IDP) platform that enables businesses to automate data extraction, document validation, and workflow automation. Using machine learning and OCR (Optical Character Recognition), Nanonets eliminates manual data entry by extracting key information from invoices, receipts, contracts, identity documents, and more.

Designed for finance, healthcare, logistics, and legal industries, Nanonets seamlessly integrates with ERP, CRM, and cloud storage platforms. Whether you need to process invoices, digitize contracts, or automate compliance workflows, Nanonets provides a fast, scalable, and highly accurate document automation solution.

Features

1. AI-Powered Data Extraction

  • Extracts text, tables, and key fields from invoices, receipts, and contracts
  • Uses OCR and deep learning to process structured and unstructured documents

2. No-Code Workflow Automation

  • Automates approvals, document classification, and task assignments
  • Drag-and-drop workflow builder for non-technical users

3. Intelligent Document Classification

  • Automatically categorizes and sorts documents based on content
  • Reduces manual sorting and speeds up document processing

4. Real-Time Data Validation and Accuracy Checks

  • AI detects missing fields, errors, and inconsistencies in extracted data
  • Ensures compliance with financial and regulatory standards

5. Seamless API and App Integrations

  • Connects with QuickBooks, SAP, Salesforce, Google Drive, and Microsoft 365
  • REST API support for custom integrations with enterprise applications

6. AI-Powered Table and Line-Item Extraction

  • Extracts itemized details from invoices, purchase orders, and receipts
  • Handles complex tables and multi-page PDFs with high accuracy

7. Secure Cloud-Based and On-Premise Deployment

  • Encrypts sensitive data and ensures compliance with GDPR, HIPAA, and SOC 2
  • Supports on-premise deployment for enterprises with strict security policies

8. Multi-Language OCR Support

  • Processes documents in multiple languages with AI-powered translation
  • Supports global business operations with localized data extraction

9. Real-Time Document Processing and Export

  • Extracts data instantly and exports in JSON, CSV, Excel, and XML formats
  • Integrates directly with business intelligence and accounting platforms

10. Scalable for Businesses of All Sizes

  • Supports startups, SMEs, and large enterprises with AI-driven document automation
  • Handles high-volume document processing efficiently

How It Works

1. Upload or Connect Documents

  • Import PDFs, scanned images, emails, or cloud storage files

2. AI-Powered Data Extraction

  • Nanonets automatically extracts key data fields using OCR and machine learning

3. Validate and Automate Approvals

  • AI detects anomalies and missing fields before sending for approval

4. Integrate with Business Applications

  • Export structured data to ERP, CRM, or accounting systems

5. Monitor and Optimize with AI Insights

  • Track document processing efficiency and refine workflows with analytics

Use Cases

1. Accounts Payable and Invoice Automation

  • Extracts invoice details, matches purchase orders, and automates payment approvals
  • Reduces manual errors and speeds up financial workflows

2. Banking and Financial Document Processing

  • Digitizes bank statements, loan applications, and financial reports
  • Integrates with accounting software for seamless reconciliation

3. Legal Contract and Compliance Automation

  • Extracts key clauses and metadata from contracts and agreements
  • Ensures compliance with legal and industry regulations

4. Logistics and Supply Chain Document Processing

  • Automates bills of lading, shipping manifests, and inventory documents
  • Enhances supply chain efficiency with real-time data extraction

5. KYC and Identity Verification (AML Compliance)

  • Extracts and verifies data from passports, driver’s licenses, and national IDs
  • Automates customer onboarding and compliance reporting

Pricing

Nanonets offers flexible pricing based on document processing volume.

1. Free Plan for Small Teams

  • Limited AI-powered document processing and API access
  • Best for testing small-scale document automation

2. Business Plan for Mid-Sized Enterprises

  • Advanced OCR, workflow automation, and integrations
  • Suitable for finance, legal, and logistics teams

3. Enterprise Plan for Large Organizations

  • Unlimited document processing, advanced security, and custom AI models
  • Scalable for high-volume document automation needs

For detailed pricing, visit the Nanonets Pricing Page.

Strengths

  • AI-powered real-time data extractionwith high accuracy
  • No-code workflow automationfor approvals and document processing
  • Seamless integrationwith ERP, CRM, and accounting platforms
  • Multi-language OCR supportfor global business operations
  • Enterprise-grade securitywith GDPR and HIPAA compliance

Drawbacks

  • Free plan has limited document processing capacity
  • Some AI-driven validations may require manual reviewfor accuracy
  • API integrations may require technical expertisefor custom use cases

Comparison with Other Tools

Nanonets vs Docsumo

  • Nanonets supports multi-language OCR, while Docsumo specializes in finance and logistics document automation
  • Docsumo has stronger compliance tracking, while Nanonets offers faster API-based integration

Nanonets vs Rossum

  • Rossum focuses on invoice processing, while Nanonets provides broader document automation
  • Nanonets offers more flexibility with workflow automation and AI customization

Nanonets vs Hyperscience

  • Hyperscience is designed for handwritten and government document processing, while Nanonets is optimized for business document automation
  • Nanonets provides easier integration with finance and legal platforms

Customer Reviews and Testimonials

Positive Feedback

  • Nanonets has reduced our invoice processing time by 75%, improving financial accuracy – Finance Director
  • The AI-powered OCR is incredibly accurate, even for complex tables – Operations Manager
  • We love how Nanonets integrates with QuickBooks and SAP, making document workflows seamless – CFO

Constructive Criticism

  • More pre-built automation templateswould help new users – Business Analyst
  • API documentation could be more detailed for developers– IT Manager

Conclusion

Nanonets is a powerful AI-driven intelligent document processing (IDP) platform that helps businesses automate data extraction, document classification, and workflow automation. Whether processing invoices, contracts, financial statements, or identity documents, Nanonets provides a secure, scalable, and highly accurate solution for document automation.

Looking to eliminate manual document processing? Try Nanonets today.

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