Turn documents into data with AI, instantly.
What is Nanonets?
Nanonets is an AI-powered intelligent automation platform founded by Prathamesh Juvatkar and Sarthak Jain, with a team specializing in machine learning and business process optimization. The platform leverages advanced Optical Character Recognition (OCR) and proprietary deep learning models trained to extract, interpret, and validate data from a vast array of document types, including invoices, receipts, and contracts. Its core capabilities include automated data capture, workflow orchestration, and seamless integration with existing business systems like ERP, CRM, and accounting software via API. The platform primarily targets finance, operations, and logistics teams across industries, addressing use cases such as accounts payable automation, loan processing, and inventory management. By integrating directly into business workflows, Nanonets significantly reduces manual data entry, accelerates processing times from days to minutes, and improves data accuracy, leading to substantial operational cost savings and enhanced compliance. For a comparison with similar document processing tools, visit https://ai-plaza.io/ai/adobe-acrobat. A detailed analysis of the AI in document automation market can be found in a Forbes article discussing its growth and key players.
Key Findings
- AI Automation: Streamlines complex business processes using intelligent workflow and document automation tools.
- Data Extraction: Accurately pulls structured information from invoices receipts and forms with minimal manual effort.
- Workflow Automation: Designs custom automated processes that connect your existing apps and eliminate manual steps.
- Intelligent Capture: Reads and interprets documents using advanced OCR and machine learning for high accuracy.
- Seamless Integration: Connects directly with popular business software like ERP CRM and accounting platforms effortlessly.
- Custom Models: Trains AI models specifically on your documents and data for superior tailored performance.
- RealTime Processing: Analyzes and extracts data from documents instantly enabling faster decisionmaking and reduced delays.
- Scalable Solutions: Handles document volumes from hundreds to millions without compromising on speed or accuracy.
- Compliance Ready: Built with security protocols and audit trails to meet industry standards and regulatory requirements.
- Actionable Insights: Transforms raw document data into reports and analytics to drive informed business decisions forward.
Who is it for?
Accountant
Managing high volumes of invoices and receipts manually.
- Automate invoice data entry
- Process expense reports faster
- Reconcile bank statements efficiently
- Ensure audit compliance
- Handle multi-currency transactions
Office Administrator
Drowning in paper documents and manual form processing.
- Digitize employee onboarding forms
- Organize contract management
- Streamline mailroom operations
- Process travel requests
- Archive historical records
Logistics Coordinator
Dealing with inconsistent shipment documentation and manual tracking.
- Parse shipping manifests automatically
- Verify customs documentation
- Update inventory from delivery notes
- Process freight invoices
- Track shipment milestones
Pricing
Pay as you go @ Free to start
- $200 in free credits upon signup
- No platform fees or fixed costs
- Pay per block run in your workflow
- Core AI blocks for data extraction
Credits Accelerate @ Volume-based pricing
- Volume discounts for higher processing
- Team-wide credit sharing
- Access to premium AI blocks
- AI Reporting and Analytics features
Enterprise @ Custom pricing
- Custom solutions for large processing volumes
- Alternative pricing options with add-ons
- Role-based access and custom SLAs
- Tailored for unique business models