Description
Nanonets is an AI-powered intelligent document processing platform that automates data extraction from invoices, receipts, purchase orders, contracts, and claims, converting unstructured documents into structured, actionable data. It combines OCR with deep learning models and its OCR-3 engine to reach over 97% accuracy across 100+ languages, with zero-shot extraction that handles new document formats without retraining. Trusted by 34% of Fortune 500 companies, Nanonets reduces manual document processing effort by up to 90% and connects to ERP systems like SAP, Oracle, and Salesforce alongside accounting tools like Xero and QuickBooks.
Key Features
- OCR-3 model: Data extraction and classification across 100+ languages, with barcode and signature detection.
- Zero-shot extraction: Handles new, unseen document formats without needing to retrain a model first.
- Custom model training: Pretrained models plus labeling tools for building extraction models on specific document types.
- ERP connectors: Native integrations with SAP, Oracle, and Salesforce alongside Xero, QuickBooks, and Zapier.
- Generative AI blocks: AI-driven reasoning steps layered into document workflows beyond simple extraction.
- Compliance certifications: SOC 2, HIPAA, and GDPR compliance available from the free tier upward.
How It Works
A user uploads documents via drag-and-drop, email forwarding, or API integration, and Nanonets’ OCR-3 model extracts structured data like supplier names, dates, and line items automatically. Pre-trained models cover common document types out of the box, while more complex or custom documents can be handled by uploading sample files to train a custom extraction model, with configurable validation rules and extraction schemas. Because zero-shot extraction handles new formats without retraining, teams can process a novel invoice layout on day one rather than waiting on a model update. Extracted data flows into connected systems like SAP, Oracle, Salesforce, or accounting platforms like Xero and QuickBooks through native connectors, and usage is metered per run based on operation complexity.
Technical Architecture & Overview
- Core Engine: OCR-3 combined with deep learning and generative AI blocks, achieving over 97% extraction accuracy and up to 99.24% on specific document types like healthcare records.
- Deployment: Cloud-based web platform with no-code configuration, so business users don’t require developer resources to implement it.
- API Surface: Full API access on every tier including free, with ERP connectors for SAP, Oracle, and Salesforce.
- Known Limits: Advanced customization options can be limited without deeper technical involvement; some integrations may require developer expertise despite the no-code positioning.
Pros & Cons
| Pros | Cons |
|---|---|
| $200 in free credits that never expire, with no card required to start testing. | Growth and Enterprise pricing require contacting sales rather than self-serve signup. |
| Pay-as-you-go pricing is transparent and predictable, with no platform fees or commitments. | Advanced customization options can be more limited than fully code-based document AI platforms. |
| SOC 2, HIPAA, and GDPR compliance are available even on the free tier. | Some integrations may require developer expertise despite the no-code positioning. |
| Zero-shot extraction handles new document formats immediately, without a retraining delay. | Initial setup and customization for complex document types may require time investment upfront. |
Pricing
| Plan | Price |
|---|---|
| Starter (Free) | $200 in credits (never expire), then pay-as-you-go |
| Usage rates | $0.02/simple run, $0.10/standard AI run, $0.30/complex AI run |
| Growth / Enterprise | Custom pricing |
Platform Availability
Web | API
Best For
Finance teams automating accounts payable and invoice processing | Enterprises needing document processing across insurance, logistics, and healthcare
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Frequently Asked Questions
Does Nanonets have a free plan?
Yes, Nanonets starts free with $200 in credits that never expire, and no platform fees or commitments after that, according to Nanonets’ official pricing page.
How is Nanonets priced?
Usage is pay-as-you-go: $0.02 per simple run, $0.10 per standard AI run, and $0.30 per complex AI run, with Growth and Enterprise tiers available on custom pricing.
What is zero-shot extraction?
Zero-shot extraction lets Nanonets handle new, previously unseen document formats without requiring a model retraining step first.
Which systems does Nanonets integrate with?
Nanonets connects to ERP systems including SAP, Oracle, and Salesforce, as well as accounting and workflow tools like Xero, QuickBooks, Airtable, and Zapier.
Is Nanonets compliant with data privacy regulations?
Yes, Nanonets offers SOC 2, HIPAA, and GDPR compliance available from the free tier, according to third-party review coverage of Nanonets’ official compliance claims.
