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IQ Bot [EOL] Reviews

Vendor: Automation Anywhere
3.8 out of 5
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What is IQ Bot [EOL]?

IQ Bot [EOL] stands out with cognitive capabilities that adapt to changing data formats, allowing seamless data extraction and integration with Automation Anywhere and Python scripting. It efficiently processes diverse documents with quick training and AI model support.

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Buyer's Guide
IQ Bot [EOL]
December 2025
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PeerResearch reports based on IQ Bot [EOL] reviews

TypeTitleDate
CategoryIntelligent Document Processing (IDP)Dec 30, 2025Download
ProductReviews, tips, and advice from real usersDec 30, 2025Download
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Key learnings from peers

Valuable Features

IQ Bot's valuable features include cognitive capabilities to learn unfamiliar interfaces, efficient data categorization, OCR for varied text recognition, and the ability to transform unstructured documents into structured data. Users appreciate its ease of use, stability, and integration with Automation Anywhere. The tool offers a simple setup, accommodates Python scripting, and handles diverse document formats while requiring minimal training. Its AI functionality allows effective data extraction and adaptability to changing document formats.
  • "In my experience, the product is very stable, and it works well with systems like JDE and Mainframes."
  • "IQ Bot's connectivity to various cloud service providers is beneficial."
  • "The product's intelligent OCR capabilities are particularly effective for data extraction. It utilizes AI models that require only one or two templates to process all invoices."

Room for Improvement

IQ Bot EOL faces challenges with its flexibility in handling diverse document formats and requires improved intelligence for better field recognition. Pricing is a concern for many companies. Complexity in use and setup creates a steep learning curve for users. Enhancements in machine learning capabilities, including self-learning and better OCR accuracy, are needed. Users also demand improved integration with third-party tools and heightened efficiency for processing unstructured and handwritten documents.
  • "Customer service and support are good and supportive. However, their response time could be improved, especially for new issues not found in the community version."
  • "Pricing is a significant concern as IQ Bot is costly. The competition, particularly with hyperscalers like Azure and AWS, offers alternatives at one-tenth of the cost."
  • "The solution could improve its accuracy when handling more complex documents, such as handwritten ones."

ROI

Organizations can achieve substantial ROI with IQ Bot by identifying appropriate use cases and reducing headcount. Returns often appear within a year, with document-based tasks offering clear cost savings. Success varies by document volume and region, with higher returns outside India due to higher workforce costs. While effective, IQ Bot's cost raises concerns, prompting consideration of alternatives like Azure. Users experience ROI across implementations, though pricing improvements could enhance benefits further.

Pricing

IQ Bot [EOL] pricing is considered high by many users, often requiring negotiation with starting costs around $10,000 USD. Licensing is typically annual and usage-based, which can be costly, especially for small to medium enterprises. Comparisons suggest that it is more expensive than UiPath and other solutions, but its integration with Automation Anywhere provides unique value. Users feel that while the costs are justified by the product's capabilities, there is room for pricing improvement.
  • "The product cost is relatively high compared to other tools in the market."
  • "IQ Bot is expensive compared to other solutions."
  • "The product’s price is always in the higher range."

Popular Use Cases

IQ Bot is used primarily for document and invoice processing, automating data extraction from PDFs, and handling unstructured data. It enhances OCR capabilities, enabling efficient processing of varied invoice formats from different vendors. Users apply it for automating tasks in finance departments, sales order automation, and back-office processes. It facilitates extraction and classification of information for accounts payable, purchase orders, and HR data input. Integrating with Automation Anywhere is also a common application.

Service and Support

Technical support for IQ Bot [EOL] is described as responsive and helpful, resolving issues promptly within one or two days. Users appreciate the knowledgeable and quick support, although several highlight concerns about delayed responses and occasional inaccuracy. Support quality is rated between three to nine out of ten. Some report improved service when using specific support channels, while others notice a recent decline in quality and response time.

Deployment

The setup of IQ Bot [EOL] varies, with several finding it straightforward and quick due to its cloud-based nature, requiring minimal personnel. However, others encountered complexity, citing issues with server integration, documentation, and extending setup times. Technical expertise influences the ease of deployment. Challenges arise with architecture, control room access, and security certifications, while some experienced infrastructure problems. The setup duration ranged from a few hours to several months, depending on project requirements and prior experience.

Scalability

IQ Bot [EOL] shows strong scalability, as users consistently mention its ability to handle growing demands. It suits various company sizes, from medium to large, though costs may challenge smaller firms. The setup requires consideration of architecture, security, and additional resources like servers and licenses. Performance depends on effective coding and configuration. While users note potential issues, particularly with security at higher scales, many rate its scalability positively, highlighting its flexibility with cloud options.

Stability

Users express satisfaction with IQ Bot's stability, noting its reliability and lack of major issues. Stability scores vary, mostly ranging from seven to ten. Challenges arise with document format variations, affecting performance. High-quality inputs enhance results. Some mention control room training as essential for optimal use. Despite minor issues, IQ Bot performs well for repetitive tasks, maintaining stability with sufficient infrastructure. Improved PDF handling could enhance user experience and overall efficiency.
These insights are based on the in-depth reviews provided by peers to help you make a better buying decision.
Download our IQ Bot [EOL] Buyer's Guide for additional reliable information.

Review data by company size

By reviewers
Company SizeCount
Small Business12
Midsize Enterprise6
Large Enterprise27
By reviewers
By visitors reading reviews
Company SizeCount
Small Business47
Midsize Enterprise23
Large Enterprise78
By visitors reading reviews

Top industries

By visitors reading reviews
Educational Organization
9%
Government
8%
Financial Services Firm
7%
Logistics Company
7%
Manufacturing Company
6%
Performing Arts
5%
Computer Software Company
5%
Wholesaler/Distributor
5%
Media Company
3%
Healthcare Company
3%
Comms Service Provider
3%
Transportation Company
3%
Insurance Company
3%
Hospitality Company
3%
Engineering Company
3%
Marketing Services Firm
3%
Outsourcing Company
3%
Pharma/Biotech Company
3%
Retailer
3%
Real Estate/Law Firm
2%
Energy/Utilities Company
2%
University
2%
Non Profit
2%
Newspaper
1%
Construction Company
1%
Recreational Facilities/Services Company
1%
Legal Firm
1%
Consumer Goods Company
1%
Think Tank
1%
Renewables & Environment Company
1%
Museum Or Institution
1%
International Affairs Institute
1%

Compare IQ Bot [EOL] with alternative products

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Learn more about IQ Bot [EOL]

IQ Bot [EOL] offers a comprehensive intelligent document processing solution through its powerful optical character recognition and data extraction abilities. It handles diverse texts and formats efficiently, reducing manual data entry and processing time. Integration with Automation Anywhere provides flexibility in deployment and enhances productivity. Python scripting support adds customization, while a sleek interface and pre-built taxonomies ensure ease of use. Users can streamline document processes, making it a robust tool for back-office tasks, finance departments, and more. However, areas like intelligence for diverse formats, scalability, and API integration need improvement, addressing challenges like steep pricing and a high learning curve.

What are the standout features of IQ Bot [EOL]?
  • Cognitive Abilities: Adapts to changing formats for seamless data extraction.
  • OCR Efficiency: Robust character recognition for diverse texts.
  • Integrations: Works seamlessly with Automation Anywhere and Python scripting.
  • Quick Training: Pre-built taxonomy allows fast user adoption.
  • AI Model Support: Enhances overall functionality and adaptability.
What benefits and ROI can be expected from using IQ Bot [EOL]?
  • Reduced Processing Time: Automates data handling, decreasing manual intervention.
  • Flexible Deployment: Integrates well with existing systems like SAP.
  • Improved Accuracy: Enhances data extraction accuracy from complex documents.
  • Better Productivity: Streamlines back-office tasks, increasing efficiency.

IQ Bot [EOL] plays a significant role in sectors requiring efficient document management, such as finance and back-office operations. It optimizes sales order automation and invoice processing, allowing faster processes and reducing human errors. Companies leverage it to adapt data extraction from unstructured documents and provide tailored solutions to clients. Its implementation in finance departments supports invoice processing and credit tasks, showcasing versatility and integration with enterprise systems like SAP.

IQ Bot [EOL] customers

Synergy

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Product Categories

Product Categories
Intelligent Document Processing (IDP)

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IQ Bot [EOL] Reviews Summary
Author infoRatingReview Summary
Director of Global Automation at a tech services company with 10,001+ employees3.0Our primary use case for IQ Bot is document processing, valued for its cloud connectivity and integration with Automation Anywhere. Improvements are needed in industry-based solutions and pricing. Despite its cost, it offers a good return on investment.
Executive Director at a tech services company with 11-50 employees4.0I'm implementing SAP process automation in areas like manufacturing and accounting. IQ Bot's session identification is helpful, although selection processes need improvement. Compared to UiPath, which I find slightly better due to its community and features, IQ Bot has room for improvement.
Pre-sale Director at Omnyx International4.0We use IQ Bot to automate vendor invoice processing, reducing time from three hours to 15 minutes using RPA. Its intelligent OCR is efficient, though accuracy with complex documents like handwritten ones could be improved compared to alternatives.
Manager at a consultancy with 10,001+ employees3.5I find IQ Bot to be user-friendly with accuracy comparable to leading market solutions. It needs improvements in extracting unstructured data and AI integration. ROI fluctuates based on document volume and region, being slower in India.
QA in RPA at Merck Group4.0I find IQ Bot user-friendly with a useful drag-and-drop feature, allowing code reusability. However, building bots is time-consuming, and there’s a need for better promotion. Previously, I used Automation Anywhere and now work exclusively with UiPath.
Head of RPA Team at Olam International4.0We primarily use IQ Bot for supply chain management tasks like invoice processing, appreciating its PDF classification capabilities. Despite occasional challenges with varied data formats, it generally delivers a good return on investment, especially with pricing improvements.
Business Head of Intelligent Automation at CRG Solutions4.0I primarily use IQ Bot for vendor invoice processing and data extraction. Its prebuilt models simplify identifying required fields, making it user-friendly and easy to deploy. However, it demands significant resources, requiring 32GB of RAM.
Lead Software Engineer at Peristent Systems4.0I use IQ Bot for AI-related tasks like extracting data from various PDF formats. Its standout feature is creating multiple learning instances. However, improvements are needed in selection areas and support for predefined and custom headers.