Nanonets

Nanonets is an AI-powered intelligent document processing and workflow automation platform that transforms manual tasks into seamless, error-free processes. Automate invoice processing, data extraction, and approvals with 88% less effort and 3.5x ROI. Trusted by global enterprises, Nanonets delivers fast setup, unmatched accuracy, and integrations with ERP/CRM systems. Boost efficiency today!

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Nanonets

Published:

2024-09-08

Created:

2025-04-26

Last Modified:

2025-04-26

Published:

2024-09-08

Created:

2025-04-26

Last Modified:

2025-04-26

Nanonets Product Information

What is Nanonets?

Nanonets is an AI-powered intelligent document processing and workflow automation platform. It automates data extraction, invoice processing, accounts payable, and other document-heavy tasks using advanced AI. Trusted by enterprises, it reduces manual effort by 88.3% and delivers a 3.5x median ROI within 6 months, making it ideal for streamlining business operations.

Who will use Nanonets?

Nanonets is designed for businesses across industries like finance, manufacturing, and insurance. It’s used by accounts payable teams, supply chain managers, and operations leaders seeking to automate document processing, reduce errors, and improve efficiency. Enterprises like Asian Paints and Ascend Properties rely on Nanonets for faster workflows and cost savings.

How to use Nanonets?

  • Upload documents: Import files from email, Dropbox, or ERP systems like SAP.
  • Automate data extraction: Let AI capture data from invoices, receipts, or POs.
  • Review and validate: Flag exceptions via Slack or email for manual checks.
  • Sync with systems: Export structured data to CRMs or databases in XLS, CSV, or XML formats.

In what environments or scenarios is Nanonets suitable?

Nanonets excels in document-heavy environments like accounts payable, insurance underwriting, and supply chain management. It’s ideal for automating invoice processing, reconciling transactions, or optimizing order workflows. Businesses with unstructured data (emails, tickets, databases) benefit from its AI-driven insights and compliance with GDPR, SOC 2, and HIPAA standards.

Nanonets Features & Benefits

What are the core features of Nanonets?

  • AI-powered data extraction from invoices, receipts, and other documents
  • No-code platform for automating complex workflows
  • Integration with ERP, CRM, and tools like Slack or Microsoft Dynamics
  • Advanced AI extractors that don’t rely on predefined templates
  • Compliance with GDPR, SOC 2, and HIPAA for data security

What are the benefits of using Nanonets?

  • Reduces manual effort by up to 88.3% through automation
  • Delivers a median ROI of 3.5x within 6 months
  • Cuts invoice processing time by 5x for faster operations
  • Improves accuracy with >95% data extraction precision
  • Enables seamless integration with existing business tools

What is the core purpose and selling point of Nanonets?

  • Automates document-heavy workflows like accounts payable and claim processing
  • Transforms unstructured data into actionable insights using AI
  • Offers a no-code platform for easy adoption and faster setup
  • Proven to reduce costs by 80% in invoice processing
  • Trusted by enterprises for measurable ROI in weeks

What are typical use cases for Nanonets?

  • Automating accounts payable and invoice reconciliation in finance
  • Streamlining supply chain order processing in manufacturing
  • Accelerating insurance underwriting with 95% faster processing
  • Processing reimbursement claims for employee delight
  • Syncing extracted data with ERPs like SAP or CRMs like Salesforce

FAQs about Nanonets

What is Nanonets and how does it work?

Nanonets is an AI-powered intelligent document processing and workflow automation platform. It automates data extraction from documents like invoices, receipts, and purchase orders, and streamlines business processes such as accounts payable and claim processing. The platform works in four steps: ingest documents from various sources, extract data using AI, take action through decision engines, and export structured data to your systems.

How does Nanonets help with invoice processing?

Nanonets automates invoice processing by extracting key data from invoices using AI, reducing manual effort by 88.3% on average. It can import invoices from email or cloud storage, auto-capture data, flag exceptions for review, and sync with ERPs for reconciliation. Customers report processing invoices 5x faster with Nanonets' automation.

What industries can benefit from Nanonets automation?

Nanonets serves multiple industries including finance, manufacturing, and insurance. Finance teams automate accounts payable, manufacturers optimize supply chains with faster order processing, and insurers reduce underwriting time by 95%. The platform is flexible enough to handle document-heavy processes across various sectors.

Can Nanonets integrate with existing business systems?

Yes, Nanonets integrates seamlessly with popular business systems like ERPs (including SAP), CRMs (such as Salesforce and HubSpot), and databases. It can push extracted data directly into these systems or export it in formats like XLS, CSV, or XML for further processing.

What is the typical ROI when using Nanonets?

Customers typically see a median ROI of 3.5x within a 6-month payback period when using Nanonets. The platform reduces manual effort by 88.3% on average and sets up 2-3x faster than industry standards, delivering measurable financial benefits quickly.

Is Nanonets a no-code platform?

Yes, Nanonets offers a no-code platform that allows businesses to automate complex workflows without programming. Its learnable decision engines and intuitive interface enable teams to set up and manage document processing automation with minimal technical expertise.

How accurate is Nanonets' data extraction?

Nanonets provides highly accurate data extraction, with customers reporting over 95% accuracy in many cases. The AI-powered system learns from your documents and improves over time, significantly reducing errors compared to manual data entry.

What security standards does Nanonets comply with?

Nanonets prioritizes data security and complies with GDPR, SOC 2, and HIPAA standards. The platform implements stringent measures to ensure confidentiality and integrity of your data throughout the document processing workflow.

Can Nanonets process unstructured data?

Yes, Nanonets specializes in extracting meaningful information from unstructured data across documents, emails, tickets, and databases. Its AI technology transforms this unstructured data into actionable insights without requiring predefined templates.

How quickly can businesses implement Nanonets?

Nanonets implements 2-3x faster than industry standards, with many customers seeing measurable ROI within weeks. The no-code platform and pre-built integrations allow for quick setup, and the AI begins learning from your documents immediately after implementation.

Nanonets Company Information

Company Name:

NanoNets

Analytics of Nanonets

No analytics data available for this product yet.

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