[
Nanonets Reviews
](https://www.g2.com/products/nanonets/reviews)

[
Nanonets Reviews
](https://www.g2.com/products/nanonets/reviews)

# Nanonets Features

##### 
## Edit (4)

File Type

Save documents in a variety of file types

Color

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

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##### 
## Logistics (5)

Upload

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

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##### 
## 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

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##### 
## 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

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##### 
## 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

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##### 
## 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

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##### 
## 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

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##### 
## 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

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##### 
## Operating System (3)

PC Operating System

Supports Microsoft Windows operating system

Mac Operating System

Supports macOS operating system

Linux Operating System

Supports Linux operating system

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##### 
## Document Processing (4)

File Type

Supports a variety of file types (E.g. DOC, XLS, PPT, PDF, JPG, PS, TIFF, etc.)

Data Extraction

Processes data from unstructured and semistructured data sources

Intelligent Processing

Provides AI and machine learning tools to accelerate data analysis

Image Enhancement

Provides image enhancement before processing (E.g. rotation, image cropping, removing noise, enhancing contrast, etc.)

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##### 
## Platform Additional Functionality (3)

Integration

Integrates with other applications to support document storage, document management, process automation and/or workflow management

File Conversion

Supports the conversion of uploaded documents to other file types

Windows and Mac

Supports operations on both Windows and Mac

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##### 
## Data Capture (2)

Multi-format Support

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).

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##### 
## Data Extraction (2)

Entity Recognition

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.

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##### 
## Data Validation (1)

Accuracy Checking

Provides the user with the capability to validate the extracted data for accuracy.

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##### 
## Workflow Automation (2)

Batch Processing

Enables the user to process multiple documents in a single batch operation.

Process Integration

Gives user the ability to connect to automation technology, such as robotic process automation (RPA).

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##### 
## 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.

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##### 
## Machine Learning (1)

Custom Model Training

Gives user the ability to train custom machine learning models for specific data extraction tasks.

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##### 
## Natural Language Processing (1)

Sentiment Analysis

Provides the user with the ability to analyze the sentiment expressed in the textual content of the document.

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##### 
## Semantic Analysis (1)

Contextual Understanding

Allows the system to understand the context of words and phrases for better data extraction and classification.

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##### 
## Data Integration (1)

API Support

Provides the user with the ability to integrate the IDP system into other applications through APIs.

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##### 
## Security (2)

Compliance Standards

Assures the user that the system complies with industry regulations like GDPR.

Data Encryption

Ensures that all data processed is encrypted for security.

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##### 
## 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

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##### 
## 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

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##### 
## 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

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##### 
## 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

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##### 
## Agentic AI - Financial Reconciliation (1)

Autonomous Task Execution

Capability to perform complex tasks without constant human input

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##### 
## Agentic AI - OCR (1)

Autonomous Task Execution

Capability to perform complex tasks without constant human input

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##### 
## 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

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##### 
## 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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## Top-Rated Alternatives

[

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4.7/5(1,247)

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[

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[

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4.5/5(294)

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[
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](https://www.g2.com/products/nanonets/competitors/alternatives)

Nanonets Comparisons

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4.5/5(127)

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Amazon Textract

4.3/5(27)

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4.6/5(54)

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##### Categories on G2

[
AP Automation
](https://www.g2.com/categories/ap-automation)[
Invoice Management
](https://www.g2.com/categories/invoice-management)[
Intelligent Document Processing (IDP)
](https://www.g2.com/categories/intelligent-document-processing-idp)

[
OCR
](https://www.g2.com/categories/ocr)[
Financial Reconciliation
](https://www.g2.com/categories/financial-reconciliation)[
Document Scanning
](https://www.g2.com/categories/document-scanning)

Show More

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