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Nanonets

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Nanonets is an AI-powered platform that automates document processing and workflows, reducing manual effort and improving accuracy for document-heavy business processes through data extraction and integration with existing systems.

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Platform
web
AIAccounts Payable AutomationData ExtractionDocument ManagementIDPIntelligent Document ProcessingInvoice Processing

What is Nanonets?

Nanonets is an AI-powered Intelligent Document Processing (IDP) & Workflow Automation platform. It automates manual data entry by capturing data from documents, text, images, and emails instantly, designed for document-heavy business processes like accounts payable, order processing, and insurance underwriting to reduce turnaround times and manual effort.

Core Technologies

  • Artificial Intelligence
  • Machine Learning
  • Optical Character Recognition (OCR)
  • Intelligent Document Processing (IDP)

Key Capabilities

  • AI-powered data extraction from documents
  • Automated workflow creation
  • Integration with business platforms
  • Customizable decision engines
  • No-code automation platform

Use Cases

  • Automate accounts payable processes
  • Streamline order processing workflows
  • Improve insurance underwriting efficiency
  • Automate financial reconciliation tasks
  • Simplify invoice processing operations

Core Benefits

  • Reduces manual effort and turnaround times
  • Improves data accuracy
  • Offers flexible pricing options
  • Integrates with existing business systems
  • Enables easy automation via no-code platform

Key Features

  • AI-powered data extraction from documents
  • Automated workflow creation tools
  • Integration with CRMs, ERPs, databases
  • Customizable decision engines
  • No-code platform for automation building

How to Use

  1. 1
    Upload files/data from emails or cloud storage
  2. 2
    AI extracts data; review and validate results
  3. 3
    Export structured data to CRM, WMS, or database

Pricing Plans

Pay as you go

Start for free with $200 in credits. Pay-as-you-go afterward, with simple per-block pricing and no commitments.

Volume pricing tiers

Scale your workflows with volume-based pricing and unlock the full potential of our premium features. Talk to our Sales team and get higher processing value with volume discounts.

Custom solutions for Enterprise

If you’re a business with a large processing volume or unique business model, reach out to discuss alternative pricing options with add-ons.

Frequently Asked Questions

Q.How is billing calculated?

A.Billing is based on the number of times each block runs in your workflow. Total cost = (Number of runs Γ— Block price)

Q.What are Blocks and Block Prices?

A.Blocks are individual workflow actions like text extraction or date formatting, with prices based on complexity ($0.02-$0.30/run).

Q.How do I avail volume discounts?

A.Contact the Sales team to access volume-based pricing tiers, saving up to 40% on block prices based on monthly processing volume.

Q.Is there a free option to start using Nanonets?

A.Yes, the Pay as you go plan starts with $200 in free credits.

Q.Can Nanonets integrate with my existing business systems?

A.Yes, Nanonets integrates with various platforms including CRMs, ERPs, and databases.

Q.Do I need coding skills to use Nanonets?

A.No, Nanonets provides a no-code platform for easy automation.

Q.What types of documents can Nanonets process?

A.Nanonets can extract data from documents, text, images, and emails.

Q.What are common use cases for Nanonets?

A.Common use cases include accounts payable, order processing, insurance underwriting, financial reconciliation, and invoice processing.

Q.How does Nanonets improve data accuracy?

A.Nanonets uses AI-powered data extraction to reduce manual entry errors, improving overall data accuracy.

Q.What is the Enterprise plan for?

A.The Enterprise plan offers custom solutions for businesses with large processing volumes or unique business models.

Q.How do I get started with Nanonets?

A.Start with the Pay as you go plan, which includes $200 in free credits, then pay-as-you-go afterward.

Q.Can I customize workflows in Nanonets?

A.Yes, Nanonets offers customizable decision engines for workflow automation.

Q.What is the difference between Pay as you go and Volume pricing tiers?

A.Pay as you go has simple per-block pricing with no commitments, while Volume pricing tiers offer volume-based discounts and premium features.

Q.How do I contact the Sales team for Volume pricing?

A.Reach out to the Sales team to discuss volume-based pricing tiers and discounts.

Q.Are there any commitments with the Pay as you go plan?

A.No, the Pay as you go plan has no commitments.

Q.What is the cost of simple vs complex blocks?

A.Simpler tasks like formatting cost $0.02/run, while complex AI operations cost $0.30/run.

Q.Can Nanonets automate financial reconciliation?

A.Yes, one of the use cases is automating financial reconciliation.

Q.Is Nanonets suitable for small businesses?

A.Yes, the Pay as you go plan is suitable for small businesses with no commitments.

Q.How does Nanonets reduce turnaround times?

A.By automating manual data entry and document processing, Nanonets reduces turnaround times.

Q.What add-ons are available with the Enterprise plan?

A.Contact the Sales team to discuss alternative pricing options with add-ons for the Enterprise plan.

Q.Can Nanonets process images?

A.Yes, Nanonets can capture data from images.

Q.How secure is the data processed by Nanonets?

A.The source text does not provide information about data security.

Q.What is the maximum file size that can be uploaded?

A.The source text does not provide information about maximum file size.

Q.Does Nanonets offer customer support?

A.The source text does not provide information about customer support.

Q.Can I try Nanonets before paying?

A.Yes, the Pay as you go plan starts with $200 in free credits to try.

Q.How often are block prices updated?

A.The source text does not provide information about block price updates.

Q.What languages does Nanonets support?

A.The source text does not provide information about language support.

Q.Can Nanonets automate invoice processing?

A.Yes, one of the use cases is automating invoice processing.

Q.How do I export data from Nanonets?

A.Export the structured data to your CRM, WMS, or database.

Q.Is there a limit to the number of workflows I can create?

A.The source text does not provide information about workflow limits.

Pros & Cons (Reserved)

βœ“ Pros

  • Reduces manual effort and turnaround times
  • Improves data accuracy
  • Offers flexible pricing options
  • Integrates with existing business systems
  • Provides a no-code platform for easy automation

βœ— Cons

  • Pricing varies based on usage and block runs
  • Requires initial setup and configuration
  • May need technical expertise for custom integrations

Alternatives

No alternatives found.