ABBYY Vantage vs UiPath Document Understanding comparison

ABBYY Vantage

Read 46 ABBYY Vantage reviews

4,667 Views
2,500 Comparison Views

92% willing to recommend

UiPath Document Understanding

Read 46 UiPath Document Understanding reviews

1,824 Views
852 Comparison Views

93% willing to recommend

ABBYY Vantage

UiPath Document Understanding

Comparison Buyer's Guide

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Executive SummaryUpdated on Apr 10, 2024

We compared ABBYY VantageI and UiPath Document Understanding based on our users' reviews in across various parameters. After reading all of the collected data, you can find our conclusion below.

ABBYY Vantage is praised for its exceptional OCR capabilities, automation workflows, and data extraction functionality. Users appreciate its integration capabilities, fair pricing, and positive ROI. However, some users have pointed out areas for improvement in the user interface, integration capabilities, OCR accuracy, and pricing concerns. UiPath Document Understanding is known for its quick setup and implementation process, high accuracy in data extraction, efficient processing speed, and seamless integration with other UiPath tools. Users find the pricing competitive, with flexible licensing options. The software has received positive feedback for its ROI, although users have highlighted the need for improvements in accuracy, performance, flexibility, and user experience. Additionally, users highly praise the customer service and support provided by UiPath Document Understanding, finding it to be top-notch and responsive.

Features: ABBYY Vantage stands out for its robust OCR capabilities and flexible automation workflows. UiPath Document Understanding excels in high-accuracy data extraction and seamless integration with other UiPath tools. ABBYY Vantage focuses on flexibility and efficiency in automation workflows and is highly praised for its data extraction functionality. UiPath Document Understanding is known for its high accuracy in data extraction, extensive document type support, and fast processing speed.

Pricing and ROI: ABBYY Vantage's setup cost is relatively low compared to similar products, with a fair and reasonable pricing structure. UiPath Document Understanding offers competitive pricing with straightforward setup and flexible licensing options tailored to individual needs. ABBYY Vantage offers increased efficiency, accuracy, and cost savings, with automation and insights. UiPath Document Understanding provides improved efficiency, accuracy, and time-saving capabilities, highlighting productivity and streamlined processes.

Room for Improvement: ABBYY Vantage could improve in user interface, integration capabilities, OCR accuracy, and pricing. UiPath Document Understanding users suggest enhancements in data extraction accuracy, software performance, customization options, and user experience design.

Deployment and customer support: ABBYY Vantage takes longer to deploy/set up. UiPath Document Understanding has a quicker setup and implementation process, with faster deployment and less time to get started. ABBYY Vantage customer service is praised for being efficient and knowledgeable, while UiPath Document Understanding is described as top-notch and effective. Both offer quick issue resolution and helpful support teams.

The summary above is based on 94 interviews we conducted recently with ABBYY Vantage and UiPath Document Understanding users. To access the review's full transcripts, download our report.

To learn more, read our detailed ABBYY Vantage vs. UiPath Document Understanding Report (Updated: May 2024).

Buyer's Guide

ABBYY Vantage vs. UiPath Document Understanding

May 2024

Download the complete report

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Categories and Ranking

ABBYY Vantage

Ranking in Intelligent Document Processing (IDP)

1st

Average Rating

8.0

Number of Reviews

Ranking in other categories

Robotic Process Automation (RPA) (6th)

UiPath Document Understanding

Ranking in Intelligent Document Processing (IDP)

2nd

Average Rating

8.2

Number of Reviews

Ranking in other categories

No ranking in other categories

Market share comparison

As of June 2024, in the Intelligent Document Processing (IDP) category, the market share of ABBYY Vantage is 22.4% and it decreased by 6.6% compared to the previous year. The market share of UiPath Document Understanding is 19.1% and it increased by 69.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Intelligent Document Processing (IDP)

Unique Categories:

Robotic Process Automation (RPA)

2.3%

No other categories found

Featured Reviews

Lucas Ivantes

Solutions Architect at Pipefy

Mar 26, 2024

Easy to use, flexible to deploy, and trains different documents easily

We resell the product. We are partners. We do not have internal uses of the product. I do not contact support. I contact a representative usually. He escalates our calls to support. I am part of the initial deployment team. The accuracy of the results produced by the solution's AI document processing is okay. It's good that it supports multi-page documents and tables. It's good that the product also has machine learning. We can enable it, and it will improve over time. Machine learning is one of the main things we use. We can train a small batch of documents from Brazil, and it can improve over time without needing to train a lot of documents. Our customers are spread out. We have tried Portuguese, Spanish, Hindi, Chinese, French, and Italian documents. We had a good experience with the languages we tried. We have used the AI extraction models mostly for invoices. The main thing is to get the process up and running quickly. On the commercial front, there are many tables. We can quickly add a document in development and build a scenario for a demo. The implementation is very quick. We have five different customers in a matter of months. Using ABBYY has helped us reduce manual data entry and free up staff for other tasks. Sometimes, the customer already has an ERP that does the extraction. We are just doing it upfront. The percentage of documents that go straight through processing has improved over time as the models get more advanced. It is the main metric we look at. ABBYY provides "straight-through" processing, in which content is automatically extracted and delivered without manual processing. The quality is good. We set the rules. If it goes through, it means that none of the rules were broken. The main problem is to get the percentage high. We apply manual reviews, too. A percentage of the requests with an error in some rules go through a manual review. We haven't had any solutions in production before. We have had backend solutions, but they were not IDP and were not comparable with ABBYY Vantage. Customers see an advantage in them. It is an extra cost. The price is justified by the ease of implementation of training different documents. If we just need one document or invoice, other products may be more cost-effective. The main thing for me is to enable the users to do the manual reviews and improve the results themselves without needing to train or do a big batch of training with the team. The sooner we can get people trained in the process, the faster we will get the results. The newer tools coming up have more natural language, AI, and large language models. ABBYY is one of the best tools I used. Overall, I rate the solution an 8 out of 10.

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Shashwat Yadaw

CEO and Founder at SyncIQ

Mar 1, 2024

Helps to reduce human error, and fully automate 95 percent of processes, but the price is high

The UiPath APIs lack reliable table parsing. The accuracy of document extraction depends on the document's original format. For rich text documents, the accuracy is generally good. However, scanned documents like PDFs or images present a challenge and often yield lower accuracy. Another challenge arises when dealing with multiple documents in a single image. This scenario is common in invoice automation, where a single image might contain several invoices. Furthermore, processing files containing multiple document types, such as multiple invoices in one file, can be problematic. Currently, the system assumes each uploaded file represents a single document or invoice, which is not always the case. To address these challenges, I propose enhancing UiPath Document Understanding to analyze the entire document, not just individual pages. This would allow the system to identify individual invoices within a multi-page document and assign extracted data to the corresponding invoice. I would like custom key value integration instead of generic key values for extraction. The cost of UiPath Document Understanding has room for improvement.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"Verification station is a really good feature. It allows part-owners to be able to take a look at what comes out of the tool after a document, such as an invoice, is run through ABBYY. It also allows them to update it if there are any mistakes. So, it kind of gives them a little more control over what goes through the system and lessens the errors."

"The most valuable feature of ABBYY Vantage is flexibility. You are able to edit at a granular level providing good control over the process. Additionally, the brochures and guides were helpful in learning the solution."

"There are a lot of options in ABBYY FlexiCapture, and it is very vast. I have worked with multiple OCR tools, and I found ABBYY FlexiCapture to be the most accurate tool."

"Allows us to run through documents and extract information."

"ABBYY Vantage has been designed as a user-friendly solution, making the setup process require only a couple of days."

"The most valuable features have been the rate of recognition and the structured documents."

"The most valuable feature is the ability to capture data from documents with different formats."

"The machine learning capability is pretty good."

More ABBYY Vantage pros

"The validation process is easy. The Validation Station shows you the extracted data on one side and the document on the other, so you can easily scroll down and check if the data is accurate. You just need to click a checkbox. If you don't think it is fine, you have the option to add an exception. Based on that exception, you can create multiple conditions for how to address the same issue if it happens again."

"UiPath provides a useful feature that allows us to classify documents as invoices or not."

"Document Understanding's best features are the action center and verification mode."

"The solution allows us to continue with vendors whose information comes in correctly and to stop the automation for vendors with many items that are not clearly defined."

"Document classification is very good."

"Invoice processing is the most valuable feature. Most of my customers use Document Understanding for invoice processing. That's one of the most common use cases. Typically, each customer starts their RPA journey with the finance department because that's the area where you can see the most benefit."

"It shortens the time of extracting data by 70 to 80%."

"The machine learning (ML) extractor is valuable. It helps in extracting information from even unstructured documents. It can sometimes also extract information from a written document. Without much manual intervention, it is able to process the documents. This is a unique feature of UiPath Document Understanding."

Cons

"Quite complex, particularly for those who are not tech savvy."

"We would like the workflow building within this solution to be more transparent, which would allow us to model the process."

"The accuracy changes depending on the scenario so you need to test it before committing to this solution."

"This solution could be improved by offering better integration with other platforms."

"The generic models have a lot of areas to improve. In our experience, we are not able to get good results in the generic models. From a developer's point of view, there could be more improvement if the source code is available on a broader scope"

"The solution needs more web or cloud-based development."

"This solution should have better integration with RPA solutions such as Blue Prism."

"ABBYY FlexiCapture could improve the performance. We are looking for better performance because it can be a lengthy capture process and the accuracy needs to be enhanced when it comes to Arabic."

More ABBYY Vantage cons

"At times, the scanning functionality of the tool may fail to generate accurate output, resulting in the need for manual input."

"They could work on the digitizing and classification of documents."

"Existing models have room for improvement."

"The interface has room for improvement."

"UiPath Document Understanding requires more database connectors."

"Making the design of Forms AI more flexible and accommodating to companies' branding preferences would be beneficial."

"The rising annual licensing cost of UiPath's Document Understanding product is a major turnoff for users."

"UiPath Document Understanding could be more user-friendly."

Pricing and Cost Advice

"Most of our customers have purchased an annual license and if you have multiple developers from other companies, you can assign the license on a monthly basis to developers."

"The cost is per page we use. So, the number of pages we use will be its cost."

"We did not go with the licensed version of this solution."

"I give the price a six out of ten."

"Our company receives discounts because of our good partnership with the vendor and our vendor's partnership with ABBYY."

"Its price should be a little lower. It is a lot higher than the competition, and if they just break the gap a little, then more people might jump onto their product. Their price is definitely a deterrent in the few cases that I remember. They have monthly and yearly options, and if you want, they also have per project and per page options. They do charge extra for different types of installation. They have the standalone, which is pretty straightforward and a lot cheaper than the server installation. Server installation gives you a lot more, and it gives you control over the environment."

"The solution offers both cloud and on-premises models but the pricing is on the higher side."

"The price of this ABBYY FlexiCapture is a bit expensive and the price is based on how many documents have been captured. For example, one or two million captures."

More ABBYY Vantage pricing and cost advice

"On a scale of one to ten, where one is cheap, and ten is expensive, I rate the solution a nine."

"I find the pricing to be somewhat on the higher side."

"UiPath Document Understanding is priced high compared to its competition."

"One of the biggest challenges we face with UiPath is the pricing structure."

"The pricing is reasonable."

"The price is on the high end."

"Its pricing can be looked into because it is on the higher side for developing economies, such as India, where the cost of labor is a little cheaper compared to advanced technologies."

"It's expensive, but you can reduce the price per license by getting more licenses. Overall, the pricing is okay."

More UiPath Document Understanding pricing and cost advice

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Top Industries

By visitors reading reviews

Computer Software Company

16%

Financial Services Firm

15%

Manufacturing Company

Comms Service Provider

Financial Services Firm

16%

Computer Software Company

14%

Manufacturing Company

Healthcare Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

What do you like most about ABBYY Vantage?

Vantage is flexible and customizable. It's a low-code/no-code tool, so you don't need to get into detailed coding. You can also use AI to accomplish medium-complex tasks.

See all answers

What is your experience regarding pricing and costs for ABBYY Vantage?

ABBYY's pricing could be improved. I feel like they are losing out on some business because of their pricing. They could expand their customer base by offering more flexible pricing options.

See all answers

What needs improvement with ABBYY Vantage?

ABBYY's support model could be improved because we get some complaints from customers regarding the amount of time it takes and the kind of responses we get. They also need to improve their profess...

See all answers

What do you like most about UiPath Document Understanding?

The solution allows us to continue with vendors whose information comes in correctly and to stop the automation for vendors with many items that are not clearly defined.

See all answers

What is your experience regarding pricing and costs for UiPath Document Understanding?

The product is not very costly in itself. It is part of the normal license. The solution’s cost increases for machine learning or artificial intelligence because we have to go for UiPath Orchestrat...

See all answers

What needs improvement with UiPath Document Understanding?

Sometimes, when the number of items is very large, the solution doesn't properly identify them. It's not 100% accurate, but it gives an 85% to 90% output. The solution doesn't work properly when to...

See all answers

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Compared 13% of the time

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Compared 8% of the time

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Compared 8% of the time

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Compared 7% of the time

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Product Reports

Buyer's Guide

ABBYY Vantage

June 2024

Download ABBYY Vantage product report

Buyer's Guide

UiPath Document Understanding

May 2024

Download UiPath Document Understanding product report

Also Known As

ABBYY FlexiCapture

No data available

Learn More

ABBYY

UiPath

Overview

ABBYY Vantage is a next-gen Intelligent Document Processing platform (IDP) designed for digital workforces. ABBYY Vantage uses artificial-intelligence-based technologies to process structured, semi-structured, and unstructured documents. ABBYY's award-winning IDP platform (Vantage™) automatically captures, extracts, and classifies the information contained within business documents, turning it into actionable data to fuel other business systems and accelerate digital transformation.

This intelligent content intelligence platform complements automation tools like robotic process automation (RPA) and business process automation (BPA) with machine learning and artificial intelligence capabilities to continuously enhance accuracy and improve the outcomes of automated processes.

ABBYY Vantage provides a flexible layout and easy-to-use interface. The platform is an advanced AI-OCR (optical character recognition).

ABBYY Vantage Features

AI Skills that process any document: The platform’s core set of AI Skills is a foundation for processing all types of documents - printed, PDFs, barcodes, signatures, and checkboxes - whether structured or unstructured.
You can design trained “Skills” or choose pre-trained ones from the ABBYY Marketplace. Choose Skills for invoices, purchase orders, W-2 forms, utility bills, and other documents to leverage automation and save time and costs.
No code is necessary when designing skills to process structured and unstructured documents.
Strong analytics skills. You can track, measure, and analyze the performance of deployed Skills. By doing this, you can improve document processing automation.
Seamless integration with other systems. ABBYY Vantage™ easily integrates with automation platforms such as Automation Anywhere, Blue Prism, UiPath, and other RPA and BPA solutions. It also integrates with chatbot and mobile app tools.
Machine learning for continuous improvement. The platform’s AI Skills continuously improve and become more accurate over time. The system will learn document variations and collect statistical data, improving the process on the go.

How does ABBYY Intelligent Document Processing work?

Start by picking a Skill from the ABBYY Marketplace or train a new Skill.
Pick any document.
The system will extract data within your document and delivers output to be ingested by any business system.

ABBYY Vantage use cases

The easy-to-use, no-code Vantage platform can be utilized to set up and train Document, Classification, and Process Skills for just about any document type and flow. Intelligent Document Processing made simple and accessible. Some examples of documents ABBYY can process include:

Utility bills: Extracts the supplier’s name, statement date, customer name, and address.
Personal earning statement: ABBYY Vantage can extract data from pay stubs and help you verify an individual’s earnings and employment status.
1040: Captures the data from 1040 forms for tax processing purposes. Includes name, amounts, filing status, and other details.
Identity documents: Extracts information from 10,000 different identity documents from 248 different countries.
Remittance: It can capture headers, footers, and in-line details from payment documents.
Arrival notice: Captures data from shipping documents, including the consignee, shipper, parties, carriers, and other relevant details.

You can use Vantage to digitize, automate, and process almost any type of document. It can be especially effective for a number of use cases, including:

Customer onboarding and due diligence, including Know Your Customer (KYC).
Shipping and logistics, such as shipping instructions, bills of lading, freight forwarding orders, and customs clearance documentation.
Insurance claim processing, reading through OCR documents, eliminating human error, and improving the process of insurance claims.
Banking and finance. For instance, processing the banking documents associated with loans.

ABBYY Vantage Benefits

Automation: Ready-to-use AI skills designed to improve the immediate processing of documents.
Customization: Design your own AI Skill to process specific document types.
Built-in Skill automation, connectors, and intelligent process assets.

Wouldn’t it be great if software robots could understand documents? To extract, interpret, and process data for you, even from PDFs, images, handwriting, and scans? UiPath Document Understanding helps your robots do just that. Delegate more of your digital paperwork with a boost from AI.

Sample Customers

Fujitsu, Plustek, Samsung, Panasonic, M-files

Information Not Available

Buyer's Guide

ABBYY Vantage vs. UiPath Document Understanding

May 2024

Free Report: ABBYY Vantage vs. UiPath Document Understanding

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