Nanonets

Nanonets

freemium

Automate data extraction from invoices, receipts, purchase orders, and more with Nanonets. Build end-to-end document workflows with no-code AI automation for finance, insurance, and supply chain teams.

About

Nanonets is an enterprise-grade intelligent document processing and workflow automation platform built to eliminate manual, document-heavy business processes. Using advanced AI and machine learning, it accurately extracts structured data from a wide range of documents—including invoices, bills of lading, passports, bank statements, and purchase orders—with minimal human intervention. The platform supports end-to-end workflow automation, from ingesting documents via email, Dropbox, Google Drive, or Microsoft Dynamics, to validating, approving, and syncing data with downstream systems like ERPs. Its no-code workflow builder allows operations teams to design, test, and deploy complex document pipelines without engineering support. Features like 2-way/3-way PO matching, auto-reconciliation, and exception-based human review further streamline processes such as accounts payable, insurance underwriting, and supply chain order management. Nanonets is trusted by leading enterprises across banking, insurance, healthcare, logistics, and commercial real estate. Customers report an average 88.3% reduction in manual effort and a 3.5x median ROI within six months. The platform also offers an AI Agent layer for orchestrating multi-step decision workflows, Slack and email-based review queues, and rich API access for custom integrations. Whether automating AP workflows or accelerating insurance claim processing, Nanonets delivers measurable operational gains in weeks, not months.

Key Features

  • Intelligent Document Data Extraction: Accurately extract structured data from invoices, receipts, purchase orders, passports, bank statements, and dozens of other document types using AI.
  • No-Code Workflow Automation: Build and deploy complex document processing pipelines without engineering support using a visual, no-code workflow builder.
  • Multi-Source Document Ingestion: Import documents from email, Dropbox, Google Drive, Microsoft Dynamics, and other sources in a unified pipeline.
  • ERP Integration & Auto-Reconciliation: Sync extracted data with your ERP system and automatically reconcile transactions, reducing manual bookkeeping effort.
  • AI Agent Platform: Orchestrate multi-step, decision-based document workflows with AI agents that handle exception routing, approvals, and automated responses.

Use Cases

  • Automating accounts payable by extracting invoice data and syncing it with ERP systems for auto-reconciliation.
  • Streamlining insurance underwriting by auto-classifying documents and cutting application processing time by up to 95%.
  • Optimizing supply chain operations with automated 2-way and 3-way PO matching against purchase requests.
  • Digitizing and archiving paper-based records by extracting and indexing data from legacy documents at scale.
  • Automating employee expense reimbursement workflows by processing receipts and routing approvals via Slack or email.

Pros

  • Rapid Time-to-Value: Customers report 2-3x faster setup than industry standards and measurable ROI within weeks, not months.
  • Broad Document Coverage: Supports a wide variety of document types across finance, logistics, HR, and insurance, making it versatile across industries.
  • Flexible Integration Options: Connects natively with popular ERPs, CRMs, cloud storage, Slack, and email, enabling workflows without custom dev work.
  • Significant Manual Effort Reduction: Customers average an 88.3% reduction in manual effort, freeing teams to focus on higher-value tasks.

Cons

  • Enterprise Focus May Limit SMB Fit: Pricing and feature depth are geared toward larger organizations; smaller teams may find it more than they need.
  • Initial Model Training Required: AI extraction models may require initial document samples and training time to reach high accuracy for custom document layouts.
  • Complex Setup for Advanced Workflows: While no-code, very complex multi-step workflows may still require time investment to configure and test properly.

Frequently Asked Questions

What types of documents can Nanonets process?

Nanonets supports a wide range of document types including invoices, bills of lading, purchase orders, passports, ID cards, bank statements, receipts, and many more. The platform can be trained on custom document layouts as well.

Does Nanonets require coding to set up workflows?

No. Nanonets provides a no-code workflow builder that allows operations and finance teams to design, configure, and deploy document automation pipelines without any engineering involvement.

Which systems can Nanonets integrate with?

Nanonets integrates with popular tools including Salesforce, HubSpot, Airtable, Microsoft Dynamics, Dropbox, Google Drive, and various ERP systems. It also supports Slack and email-based review queues.

Is there a free plan available?

Yes, Nanonets offers a free plan to get started. Paid plans with higher volume limits and advanced features are available for growing teams and enterprise customers.

What ROI can businesses expect from Nanonets?

According to Nanonets' own data, customers see a median 3.5x ROI over a 6-month payback period and an average 88.3% reduction in manual processing effort.

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