Software Alternatives, Accelerators & Startups

Nanonets VS AlgoDocs

Compare Nanonets VS AlgoDocs and see what are their differences

Nanonets logo Nanonets

Worlds best image recognition, object detection and OCR APIs. NanoNets’ platform makes it straightforward and fast to create highly accurate Deep Learning models.

AlgoDocs logo AlgoDocs

Extract data from PDF documents and images in real time. Automate your document-based workflow. Use it free.
  • Nanonets Landing page
    Landing page //
    2023-10-23

NanoNets is a Deep Learning web platform that makes it easier than ever before to use Deep Learning in practical applications. It combines the convenience of a web-based platform with Deep Learning models to create image recognition and object classification applications for your business. You can easily build and integrate deep learning models using NanoNets’ API. You can also work with our pre-trained models which have been trained on huge datasets and return accurate results. NanoNets has leveraged recent advances in Deep Learning to build rich representations of data which are transferable across tasks. It’s as simple as uploading your input, generating the output and getting a functioning and highly accurate Deep Learning model for your AI needs. NanoNets is revolutionary because it allows you to train models without large datasets. With just 100 images you can train a model on our platform to detect features and classify images with a high degree of accuracy. NanoNets benefits you in four important ways: ● It reduces the amount of data needed to build a Deep Learning Model ● NanoNets handles the infrastructure for hosting and training the model, and for the run time ● It reduces the cost of running deep learning models by sharing infrastructure across models ● It is possible for anyone to build a deep learning model

  • AlgoDocs AlgoDocs Home page 2024
    AlgoDocs Home page 2024 //
    2024-09-11

Algodocs is an intelligent document processing tool that harnesses AI technology to automate data extraction from business documents. Trusted by customers globally, Algodocs streamlines processes by offering fast, secure, and accurate extraction of document data.

The platform features AI-based intelligent extraction, rule-based extraction, and the enhancement of extracted data. Users can easily customize data extraction rules, handle business exceptions, and receive instant notifications for missing or incorrect data.

Algodocs also allows for automated exporting of extracted data to various applications and formats. With advanced features like handwriting recognition and automatic form key-value pairs and table extraction, Algodocs ensures high accuracy and efficiency in data processing.

Whether it's PDF invoices, bank statements, HR forms, receipts, or sales orders, Algodocs can extract data from virtually any document type without the need for templates or labeling training.

Use cases & applications

• ✔️ Automate the extraction of invoice data from PDF documents with Algodocs, saving time and reducing errors in financial record-keeping processes. • ✔️ Efficiently extract key information from HR forms using Algodocs' intelligent extraction capabilities, ensuring accurate and streamlined handling of sensitive employee data. • ✔️ Enhance the document processing workflow by extracting and exporting data from bank statements to various applications and formats seamlessly with Algodocs.

Nanonets

$ Details
freemium
Platforms
Browser REST API Docker Cross Platform Python JavaScript Java PHP Go C++
Release Date
2017 January

AlgoDocs

$ Details
freemium $23.0 / Monthly (Basic)
Platforms
-
Release Date
2018 September
Startup details
Country
Turkey
State
Bayrakli
City
Izmir
Founder(s)
Cevat Şirin
Employees
1 - 9

Nanonets features and specs

  • Ease of Use
    Nanonets offers a user-friendly interface that makes it accessible for users without extensive technical knowledge, allowing easy setup and deployment of AI models.
  • Versatility
    The platform supports a wide range of use cases, including document extraction, image recognition, and OCR (Optical Character Recognition), making it adaptable to various business needs.
  • Automation
    Nanonets offers automation features that help streamline workflows, reducing manual effort and increasing efficiency for repetitive tasks.
  • Scalability
    Nanonets can handle large volumes of data and scale up as business requirements grow, ensuring consistent performance and reliability.
  • Integration Capabilities
    The platform can integrate with numerous third-party applications through APIs, enhancing its functionality and compatibility with existing business systems.

Possible disadvantages of Nanonets

  • Cost
    While providing valuable features, Nanonets can be expensive for small businesses or startups with limited budgets, potentially making it less accessible for these users.
  • Customization Limitations
    Despite its versatility, some advanced users may find the customization options lacking, especially for highly specialized or niche applications.
  • Learning Curve
    Although the interface is user-friendly, some users may still experience a learning curve when utilizing more advanced features and integrations.
  • Data Privacy Concerns
    As with any cloud-based platform, there may be concerns about data privacy and security, especially when dealing with sensitive or confidential information.
  • Dependency on Internet Connectivity
    Nanonets is a cloud-based service, which means that a stable internet connection is required for optimal performance. Any disruptions in connectivity can hinder productivity.

AlgoDocs features and specs

  • Automation
    AlgoDocs automates the process of extracting, parsing, and managing data from documents, reducing manual work and increasing efficiency.
  • Ease of Use
    The platform is designed to be user-friendly, allowing users to easily set up and start using the service without extensive technical knowledge.
  • Integration Capabilities
    AlgoDocs can be integrated with other software and systems, providing seamless data transfer and workflow enhancements.
  • Customizable Templates
    Users can create and customize templates for different types of documents, making it flexible to adapt to various document formats and structures.

Nanonets videos

Nanonets Airtable Walkthrough

AlgoDocs videos

Extract numbers from pdf or scanned documents using AlgoDocs

Category Popularity

0-100% (relative to Nanonets and AlgoDocs)
AI
100 100%
0% 0
Developer Tools
88 88%
12% 12
OCR
86 86%
14% 14
Data Extraction
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Nanonets and AlgoDocs

Nanonets Reviews

7 Best OCR Software of 2022 (Free and PAID)
Nanonets use artificial intelligence to extract data from documents without any human intervention. It is designed to be easy to use and accurate and can handle a variety of different languages.
The best alternatives to Abbyy FineReader
Top five alternatives to Abbyy FineReader PDF1. Klippa DocHorizonPros of Klippa DocHorizonConsKlippa DocHorizon is used in industries such asKlippa DocHorizon offers you data extraction for multiple file types such asPricing2. VeryfiPros of VeryfiConsVeryfi is used in industries such asVeryfi’s OCR software offers data extraction for multiple file types such asPricing3....
Source: www.klippa.com

AlgoDocs Reviews

We have no reviews of AlgoDocs yet.
Be the first one to post

Social recommendations and mentions

Based on our record, Nanonets seems to be more popular. It has been mentiond 6 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Nanonets mentions (6)

  • Healthcare Automation Can Improve Patient Engagement
    Want to automate repetitive manual tasks? Check our Nanonets workflow-based document processing software. Source: almost 3 years ago
  • Document Automation for Probate
    Nanonets is a no-code, workflow-based, and AI-enhanced intelligent document processing platform. It automates all document processes and is built on a robust, intelligent, self-learning OCR API that allows users to extract required data from documents in minutes. Source: almost 3 years ago
  • Promote your business, week of May 16, 2022
    Check out our website here https://nanonets.com/ for more. We also have some free tools where you can experience our product for free (like https://nanonets.com/online-ocr). Source: about 3 years ago
  • How would you annotate resumes for object detection?
    Here is another company, which I just came across by accident, which do the same: https://nanonets.com/. Source: about 3 years ago
  • Automate Exam Research with Django, Nanonets and Google Search API
    We will be using Python3.6+, Django web framework, Nanonets for character extraction from an image, Cloudinary for image storage and Google Search API for performing the searches. - Source: dev.to / over 3 years ago
View more

AlgoDocs mentions (0)

We have not tracked any mentions of AlgoDocs yet. Tracking of AlgoDocs recommendations started around Aug 2022.

What are some alternatives?

When comparing Nanonets and AlgoDocs, you can also consider the following products

Docsumo - Extract Data from Unstructured Documents - Easily. Efficiently. Accurately.

DocParser - Extract data from PDF files & automate your workflow with our reliable document parsing software. Convert PDF files to Excel, JSON or update apps with webhooks.

Invoice Data Extraction - From Invoice Chaos to Organized Data in Minutes.

DocuClipper - Automate data extraction from bank statements, invoices, tax forms and more.

Free Online OCR [Docsumo] - Extract Data Accurately from any type of Image or PDF Document.

Nanonets OCR - Intelligent text extraction using OCR and deep learning