Nanonets
AI-based workflow automation software.
Overview
Nanonets is an AI-based platform that specializes in intelligent document processing (IDP) and workflow automation. While not a full accounting suite, its core strength is in automating accounts payable by using deep learning to accurately capture data from invoices in any format. It then automates 2-way and 3-way matching, approval workflows, and integrates with existing accounting systems to post data.
✨ Key Features
- AI-Powered OCR for Invoices
- Automated 2-way & 3-way PO Matching
- Customizable Approval Workflows
- Automated GL Coding
- Vendor Management
- Real-time Analytics Dashboard
🎯 Key Differentiators
- High accuracy in data extraction due to advanced AI.
- No-code platform, easy to set up and customize workflows.
- Continuous learning models that improve over time.
Unique Value: Provides a powerful, AI-driven engine to automate the most time-consuming part of AP—invoice data entry and validation—with exceptional accuracy, freeing up finance teams for more strategic work.
🎯 Use Cases (4)
✅ Best For
- Intelligent document processing for invoices
- AP automation for companies with complex invoice formats
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Companies looking for a full accounting system with GL, AR, etc.
🏆 Alternatives
Offers more advanced and accurate AI for document processing than many all-in-one AP suites, making it a strong choice for companies whose primary bottleneck is data extraction from varied invoice formats.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
- ✓ Dedicated Support (Enterprise tier)
🔒 Compliance & Security
💰 Pricing
✓ 7-day free trial
Free tier: Free to get started, build models.
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