What is Nanonets
Nanonets offers AI-driven document processing solutions to automate data extraction from invoices, emails, and databases with >95% accuracy. Streamline workflows across finance, logistics, and supply chain sectors.
Overview of Nanonets
- AI-Powered Document Automation: Nanonets specializes in automating document-heavy workflows using advanced OCR and deep learning models to process invoices, receipts, contracts, and forms with >95% accuracy.
- Enterprise-Grade Scalability: Trusted by 34% of Fortune 500 companies, the platform handles unstructured data conversion at scale while reducing manual effort by up to 90% across departments.
- End-to-End Process Integration: Offers seamless API connectivity with existing ERP/CRM systems and third-party applications for real-time data synchronization.
Use Cases for Nanonets
- AP Automation: Automates PO matching and vendor payment approvals while reducing invoice processing costs by 50% through three-way matching algorithms.
- Insurance Claims Processing: Extracts structured data from adjuster reports and medical records to accelerate claims resolution by 70%.
- Logistics Documentation: Automates bill of lading processing and customs declarations with automated cross-border compliance checks.
- Healthcare Records Management: Digitizes patient intake forms and insurance cards while maintaining HIPAA-compliant audit trails.
Key Features of Nanonets
- Adaptive ML Models: Self-learning algorithms continuously improve extraction accuracy through user feedback loops across 50+ document types.
- No-Code Workflow Builder: Enables teams to design custom automation rules for approval chains without programming expertise.
- Multi-Language OCR: Processes documents in 100+ languages with native support for complex layouts including tables and handwritten text.
- Compliance-Centric Architecture: Maintains GDPR/HIPAA/SOC2 compliance through encrypted processing and granular access controls.
Final Recommendation for Nanonets
- Optimal for Financial Operations Teams: Particularly valuable for accounts payable/receivable departments handling >10K monthly transactions.
- Strategic for Global Enterprises: Multi-language capabilities make it suitable for multinational corporations managing documents across regional offices.
- Critical for Regulated Industries: Compliance-focused organizations in healthcare/pharma/finance benefit from its audit-ready infrastructure.
- Recommended for Technical Scalability: Businesses requiring API-first solutions will appreciate its pre-built connectors for SAP/Oracle/Netsuite ecosystems.
Frequently Asked Questions about Nanonets
What is Nanonets and what does it do?▾
Nanonets is an AI-driven document automation platform that extracts data from documents using OCR and machine learning, allowing you to automate workflows like invoice processing, receipts, IDs, and forms extraction.
What types of documents can Nanonets process?▾
It can handle a wide range of documents such as invoices, receipts, purchase orders, IDs, contracts, forms, and custom documents that contain structured or semi-structured data.
How do I train or customize a model for my documents?▾
You train models by providing labeled examples through the web interface or API, reviewing model predictions, and iteratively correcting labels so the model improves on your specific document layouts and fields.
How accurate is Nanonets at extracting data?▾
Accuracy depends on document quality, variability, and training data, but extraction typically improves significantly after a few rounds of labeling; you can further increase accuracy by adding more labeled examples and validating predictions.
Does Nanonets provide an API or SDKs for integration?▾
Yes — it exposes a RESTful API and offers client libraries and SDKs for common programming languages, enabling integration into applications, RPA tools, and backend systems.
What deployment and hosting options are available?▾
Nanonets is primarily offered as a cloud-hosted service, and many providers also offer enterprise or dedicated deployment options for customers with specific security or on-premises requirements — contact sales for details.
How is data secured and what about compliance?▾
Data is typically protected with encryption in transit and at rest and access controls; specific compliance certifications and data residency options vary, so check with the vendor for audit reports and regulatory support.
What are the pricing and trial options?▾
Pricing is generally usage-based or subscription-based and often includes a free trial or demo to evaluate the service; for exact plans and enterprise pricing, contact the sales team or check the website.
Can Nanonets integrate with other systems and workflows?▾
Yes — it can integrate with ERPs, cloud storage, RPA platforms, and other systems via pre-built connectors, webhooks, and API-based integrations to fit into existing workflows.
How do I get started quickly with Nanonets?▾
Sign up for an account or demo, upload a set of sample documents, label a few examples to train a model, test predictions, and then connect the model to your systems via API or integrations for production use.
User Reviews and Comments about Nanonets
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