Offer the choice between color and black and white scanning
Crop
Allow users to crop and edit document formatting
Size
Give users the option to adjust scanning size
Logistics (5)
Upload
Based on 10 Nanonets reviews. Allow users to upload documents directly to the platform
Email Attachment
Send as an email attachment
Direct Send
Send directly from the platform
Document Management
Store and manage previously scanned documents
Search
Let users search for documents within the platform
Invoice Management (3)
Capture
Provide features to capture invoices such as import or scanning
Supplier Portal
Allow suppliers to submit invoices using an online portal
Repository
Deliver a central repository of AP documents, such as POs and invoices
Invoice Processing (8)
Matching
Ability to match AP invoices to POs, contracts, or payments
Payments
Identify incomplete or late supplier payments
Workflows
Include workflows for approvals and invoice processing
Tax Compliance
Comply with local and global tax regulations for collections
Approvals
Include workflows for approvals of invoices or payments
Batch Processing
Process multiple invoices without human intervention
Consolidation
Allow users to consolidate multiple invoices into one
Match Invoices
Match invoices with purchases and sales orders, as well as with payments
Analytics (6)
Due Dates
Track invoices based on due dates to identify overdue payments
KPIs
Monitor KPIs such as time to process an invoice or erroneous payments
Due Dates
Track invoices based on due dates to identify overdue payments
Cashflow
Analyze variations between incoming and outgoing cash
KPIs
Monitor KPIs such as time to process an invoice or erroneous payments
Payment Tracking
Track different types of payment such as deposits or partial payments
Integration (6)
Accounting
Provide integration with accounting and financial management software
Payment Integration
Integrate with payment gateways and enterprise payments software
ERP
Deliver integrations with accounting modules of ERP systems
Accounting
Provide integration with accounting and financial management software
Payments
Integrate with payment gateways and enterprise payments software
ERP
Deliver integrations with accounting modules of ERP systems
Invoice Generation (3)
Templates
Provide standard invoice templates that can be customized by users
Digital Invoices
Ability to convert invoices to digital formats such as PDF
Recurring Invoices
Automatically generates invoices at pre-defined time intervals
Audit (4)
Filters
Includes a library of audit-tested filters to identify AP outliers that are outside company policy
Post Audits
Conducts a post-audit analysis of large volumes of data to identify historical payment errors and automatically generate claims
Overpayments
Detects and prevents a wide range of overpayment errors
Duplicates
Detects and prevents a wide range of duplicate payments
Operating System (3)
PC Operating System
As reported in 35 Nanonets reviews. Supports Microsoft Windows operating system
Mac Operating System
As reported in 27 Nanonets reviews. Supports macOS operating system
Linux Operating System
As reported in 13 Nanonets reviews. Supports Linux operating system
Document Processing (4)
File Type
Based on 41 Nanonets reviews. Supports a variety of file types (E.g. DOC, XLS, PPT, PDF, JPG, PS, TIFF, etc.)
Data Extraction
Based on 42 Nanonets reviews. Processes data from unstructured and semistructured data sources
Intelligent Processing
Provides AI and machine learning tools to accelerate data analysis This feature was mentioned in 41 Nanonets reviews.
Image Enhancement
Based on 28 Nanonets reviews. Provides image enhancement before processing (E.g. rotation, image cropping, removing noise, enhancing contrast, etc.)
Platform Additional Functionality (3)
Integration
Integrates with other applications to support document storage, document management, process automation and/or workflow management This feature was mentioned in 35 Nanonets reviews.
File Conversion
Supports the conversion of uploaded documents to other file types This feature was mentioned in 31 Nanonets reviews.
Windows and Mac
Supports operations on both Windows and Mac 33 reviewers of Nanonets have provided feedback on this feature.
Data Capture (2)
Multi-format Support
As reported in 12 Nanonets reviews. Allows the user to process documents in various formats such as PDF, DOCX, and JPEG.
OCR Capabilities
Gives user the ability to convert different types of documents into machine-readable text using Optical Character Recognition (OCR). 13 reviewers of Nanonets have provided feedback on this feature.
Data Extraction (2)
Entity Recognition
Based on 10 Nanonets reviews. Enables the user to identify and extract specific entities like names, dates, and addresses from documents.
Text Classification
Gives user the ability to categorize sections of text within the document based on preset criteria.
Data Validation (1)
Accuracy Checking
Provides the user with the capability to validate the extracted data for accuracy. This feature was mentioned in 12 Nanonets reviews.
Workflow Automation (2)
Batch Processing
Enables the user to process multiple documents in a single batch operation. This feature was mentioned in 13 Nanonets reviews.
Process Integration
Gives user the ability to connect to automation technology, such as robotic process automation (RPA).
Document Management (2)
Search Functionality
Enables users to search through the content of processed documents easily.
Version Control
Allows the user to track changes and manage different versions of a document.
Machine Learning (1)
Custom Model Training
Gives user the ability to train custom machine learning models for specific data extraction tasks. This feature was mentioned in 11 Nanonets reviews.
Natural Language Processing (1)
Sentiment Analysis
Provides the user with the ability to analyze the sentiment expressed in the textual content of the document.
Semantic Analysis (1)
Contextual Understanding
Allows the system to understand the context of words and phrases for better data extraction and classification.
Data Integration (1)
API Support
As reported in 10 Nanonets reviews. Provides the user with the ability to integrate the IDP system into other applications through APIs.
Security (2)
Compliance Standards
Assures the user that the system complies with industry regulations like GDPR. 10 reviewers of Nanonets have provided feedback on this feature.
Data Encryption
Ensures that all data processed is encrypted for security.
Reconciliation - Financial Reconciliation (4)
Automation
Automates the process of comparing financial transactions between different accounts, statements, or systems
Bank Statements
Helps match transactions recorded in the company's books with those in the bank statement
Exceptions
Alerts users when exceptions and discrepencies can't automatically be resolved
Algorithms
Uses algorithms, such as rule-based matching, fuzzy logic, or machine learning techniques to help with comparing large sets of data
Audit - Financial Reconciliation (4)
Accuracy
Ensures that financial records are accurate and precise, reducing the chances of errors that could lead to audit issues
Compliance
Meets industry-specific compliance requirements and supports regulatory standards
Reporting
Offeres customizable reporting features to provide a clear overview of the financial reconciliation process and any issues that may need attention
Audit Trail
Provides a detailed history of reconciliations and supports the accuracy of financial records
Integrations - Financial Reconciliation (4)
Accounting
Integrates with accounting platforms to allow the import and reconciliation of financial data
Inventory
Integrates with inventory management systems to help reconcile financial data related to product movements, purchases, and sales
ERP
Integrates with ERP systems to reconcile financial data across various modules and departments
Banking
Integrates with banking systems to import and match bank transactions
User Permissions and Security - Financial Reconciliation (4)
Access
Offers role-based access control (RBAC) allowing administrators to define roles with specific sets of permissions
Authentication
Uses features such as multi-factor authentication (MFA) to help ensure that only authorized users can access the software
Encryption
Has encryption techniques to prevent unauthorized access or interception of data
Regulations
Complys with regulations and standards, such as Sarbanes-Oxley (SOX), GDPR, or HIPAA
Agentic AI - Financial Reconciliation (1)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Agentic AI - OCR (1)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Agentic AI - Invoice Management (3)
Cross-system Integration
Works across multiple software systems or databases
Adaptive Learning
Improves performance based on feedback and experience
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Agentic AI - AP Automation (3)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
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