ABBYY Vantage vs IBM Datacap comparison

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Executive Summary

We performed a comparison between ABBYY Vantage and IBM Datacap based on real PeerSpot user reviews.

Find out in this report how the two Intelligent Document Processing (IDP) solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed ABBYY Vantage vs. IBM Datacap Report (Updated: November 2022).
653,757 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"Its OCR Engine is very successful, and it is the leading OCR Engine. It also has NLP support.""The advantage of this tool is that it is a proven product. A lot of other products are quite new in the market.""Its ease of use is valuable. It is easy to use and configure.""The most valuable feature of ABBYY FlexiCapture is the ability to create your own template on the fly. You can train and classify, you can work with those different templates without the need to do special programming for it or with minimum programming. Additionally, the solution is supporting the Arabic OCR, both of these combined features are the most important for us in the Egyptian market.""The solution has its own language that can be configured many ways and with higher accuracy than other products.""It's easy to use.""We like the fact that this solution is enterprise-ready, so it can be deployed on-premises, scale it, etc.""The initial setup is not difficult. The vendor provides technical documents to assist with deployment."

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"It is highly extensible, which we found to be most valuable. It is a very extensible solution because it is based on configurable rule sets. We were able to amend and adjust the solution and very easily add custom code and custom components. It does require some programming experience, but we found that not to be an issue. We liked its extensibility.""There's something that's very unique about IBM DataCap. It provides me with a good solution for extracting, reading the QR codes, and scanning them. In this stage, we are working in a UIT phase before implementing this protocol in all our branches. From my initial observation, IBM DataCap is good, it is not working too fast, but in a good manner for us.""The most valuable features of IBM Datacap is the capturing and recognizing of pages, documents as well as the scanner and barcodes.""It is very easy to develop this software. It is low code, and if you can't find the things you need on it, you can develop custom actions with more complex code underneath. They sync well, which is very useful for automating a lot of processes. It is a really valuable feature for the clients because we can ingest information and automate plenty of processes for them. The operators don't have to waste that much time on tasks. With Datacap, they can be automated.""Both Datacap Studio and Datacap Navigator are great features.""I like Datacap's integration with FileNet because financial companies use that export. The second part is web services integration, which is effortless to implement.""While we are doing indexing, we tag the document type. It's programmed inside of Datacap to automatically detect the document based on a given template. It auto-indexes that document, which means that it automatically tags the correct document type to the scanned document.""I can have all scanners accessible from my end."

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Cons
"Machine learning needs to be improved.""The solution needs more web or cloud-based development.""Occasionally, we found the Machine Learning feature to be not working as per our expectations. Sometimes, it also failed to extract details from a PDF. It would be great if training batches work with 100% accuracy. I don't see any other major concerns with ABBYY FlexiCapture.""Initially, it was good, but now, in terms of ease of implementation and accuracy, there are better competitors in the market. What we are seeing in some of the other tools isn't there in ABBYY. They have to improve it to include such features. Otherwise, it will be difficult for them to compete in the market.""Programming interfaces should include intelligence or documentation.""This solution could be improved by offering better integration with other platforms.""I would like to see a machine learning model to make the solution more intelligent.""Their tutorials are not enough. They can improve the tutorials and maybe add more examples in their tutorials. Currently, if you want to learn ABBYY technology, it is very difficult. There are just a few resources, such as YouTube channels and blogs. There are not many resources for learning ABBYY."

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"I've faced some bugs or issues. They should do deeper testing of the product before releasing it because some of the bugs that I found were a bit simple. I understand that it is a massive product, and some of the functionalities can get overlooked.""When I scan a document in Datacap that has a watermark or the document is a little distorted, the image output is poor. It either becomes completely black, or there is so much distortion that we cannot read the numbers or the addresses mentioned in the POD. When we scan a document, we expect the output to be at least 95 percent accurate.""There should be an increase in the capacity of the workflows. Datacap is a little limited in this aspect. So, you cannot really implement all the possibilities.""Currently, when you are entering invoices, you have to enter multiple rows. In Captiva the multiple rows will be dynamically added. This would be a beneficial feature for IBM to add.""One of the things that we wished for was to have an easier way to carry out the customizations. Currently, if you want to customize data, you need to have a developer with C# knowledge. If IBM could implement a no-code or low-code platform for Datacap, it would be easier to adjust it without needing a developer, which was always the most difficult part.""The IBM Datacap site actually is on the newer inside. They will give it as a plugin only.""What could be improved in IBM Datacap from a technical perspective is having everything together all in one place, rather than having several different interfaces. The addition of cloud-based OCR technology would also make this solution better. There's also room for improvement for their technical support.""Recognition between certain numbers and letters could be improved. Sometimes this solution misreads five with an "S" for Singapore."

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Pricing and Cost Advice
  • "We did not go with the licensed version of this solution."
  • "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."
  • "Its price is a little bit high and can be lower. Its licensing is very expensive. I don't remember exactly, but for each page, it is about four or seven cents, which is too expensive."
  • "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."
  • "It is expensive as compared to UiPath. We pay for the licensing and the page count."
  • "It is more on the reasonable side as compared to the competition that I am aware of. I'm not an expert on pricing schemes for all sorts of things, but when we offer them a solution, we like to say we're agnostic. So, we offer more than one solution when possible. Amongst the ones that we've offered, ABBYY usually is the more reasonable solution on a big scale. On a small scale, they're all pretty similar. As far as I understand, you pay a license for a number of pages, and that's pretty much it. It has just the rate per page, and it decreases as you scale."
  • "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 price of ABBYY FlexiCapture is better than some competitors, such as OpenText."
  • More ABBYY Vantage Pricing and Cost Advice →

  • "We were using the User Value Unit licensing, which means we get charged per active user of the system, and if I'm not mistaken, we also had it for the rule runner service. They had a PVU license model, which is a processor value unit. For each process that we have in our system, we pay a certain amount of money. We found the pricing to be quite steep. It was really an expensive solution in comparison to Kofax, which had a different licensing model and was actually cheaper overall because they charge per page and not per user and per process."
  • "If you want IBM Datacap on cloud, which is a service run by IBM, the price can be quite expensive, but if you want to just purchase the licenses and own those yourself, then the price is very competitive."
  • "It varies, and it depends on the client's requirements and negotiations. Nowadays, Datacap is also included in the IBM Cloud Pak for Business Automation."
  • "In Egypt, we have exchange rates that change year to year, and currently, we're facing an increase in the exchange rate between our Egyptian pound and the dollar. Since we have been using IBM DataCap two years ago we had a good price, it was not expensive. However, I cannot say now if it is expensive or not because of the exchange rate. Additionally, I don't have the data of other competitors and I don't know the prices."
  • "IBM could offer more competitive pricing. This would allow them to attain more users. Some of our clients are considering moving to a different solution called Encapture which is similar but offers more competitive pricing."
  • More IBM Datacap Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:I like the flexibility of the layout. For example, for the documents that we're using, this is the main feature that is very useful and makes it flexible for extraction.
    Top Answer:We did not go with the licensed version of this solution.
    Top Answer:It could be more intuitive. It's huge and has many options, and that makes it difficult. You have to go to Google and search for documents and videos to try and understand how it works. Some tools or… more »
    Top Answer:I can have all scanners accessible from my end.
    Top Answer:The solution comes as a part of a bundle package. Licensing is hard to calculate. There's no real difference between the cloud and on-prem. The Kubernetes OpenShift to cloud pack is a different… more »
    Top Answer:The IBM Datacap site actually is on the newer inside. They will give it as a plugin only. They'll be giving it as a package completely, however, the plugin for the ICN, we can deploy on the ICN… more »
    Ranking
    Views
    3,343
    Comparisons
    2,158
    Reviews
    23
    Average Words per Review
    741
    Rating
    8.1
    Views
    2,920
    Comparisons
    1,494
    Reviews
    12
    Average Words per Review
    842
    Rating
    7.5
    Comparisons
    Also Known As
    ABBYY FlexiCapture
    Datacap
    Learn More
    Overview

    The ABBYY Vantage next-gen content IQ platform offers intelligent document processing geared to digital workforces. ABBYY's proprietary technology, Intelligent Document Processing (IDP), uses artificial intelligence to process structured and unstructured documents. IDP automatically captures, extracts, and processes the data from business documents.

    This intelligent content tool is designed to accelerate digital transformation. It complements intelligent automation platforms like robotic process automation (RPA) and business process automation (BPA) with machine-learning trained skills that understand the content.

    ABBYY Vantage provides a flexible layout and easy-to-use interface. The platform is very effective in terms of 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 - be they 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 many 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 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 ABBY Intelligent Document Processing work?

    1. Start by picking a skill from the ABBYY Marketplace or train a new skill.
    2. Pick any document.
    3. The system will suggest a skill fit to process your document and data.

    ABBYY Vantage Use Cases

    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 payslips 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 skills that improve document processing.

    • Customization: Design your own skills to process specific document types.

    • Built-in skill automation, connectors, and intelligent process assets.

    IBM Datacap helps you streamline the capture, recognition and classification of business documents and extract important information. Datacap supports multiple-channel capture by processing paper documents on scanners, mobile devices, multi-function peripherals and fax. It uses natural language processing, text analytics and machine learning technologies, like those in IBM Watson, to automatically identify, classify and extract content from unstructured or variable documents. The software can reduce labor and paper costs, deliver meaningful information and support faster decision making.

    Offer
    Learn more about ABBYY Vantage
    Learn more about IBM Datacap
    Sample Customers
    Fujitsu, Plustek, Samsung, Panasonic, M-files
    Turkcell, PowerSouth Energy Cooperative, Central Nacional Unimed, Conqord Oil
    Top Industries
    REVIEWERS
    Manufacturing Company29%
    Financial Services Firm24%
    Computer Software Company18%
    Recruiting/Hr Firm6%
    VISITORS READING REVIEWS
    Computer Software Company19%
    Financial Services Firm16%
    Comms Service Provider11%
    Energy/Utilities Company7%
    REVIEWERS
    Financial Services Firm43%
    Mining And Metals Company14%
    Transportation Company14%
    Computer Software Company14%
    VISITORS READING REVIEWS
    Financial Services Firm19%
    Computer Software Company18%
    Comms Service Provider11%
    Insurance Company7%
    Company Size
    REVIEWERS
    Small Business24%
    Midsize Enterprise6%
    Large Enterprise71%
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise11%
    Large Enterprise73%
    REVIEWERS
    Small Business42%
    Midsize Enterprise16%
    Large Enterprise42%
    VISITORS READING REVIEWS
    Small Business13%
    Midsize Enterprise11%
    Large Enterprise76%
    Buyer's Guide
    ABBYY Vantage vs. IBM Datacap
    November 2022
    Find out what your peers are saying about ABBYY Vantage vs. IBM Datacap and other solutions. Updated: November 2022.
    653,757 professionals have used our research since 2012.

    ABBYY Vantage is ranked 2nd in Intelligent Document Processing (IDP) with 28 reviews while IBM Datacap is ranked 5th in Intelligent Document Processing (IDP) with 12 reviews. ABBYY Vantage is rated 8.0, while IBM Datacap is rated 7.6. The top reviewer of ABBYY Vantage writes "Gives control over what goes through the system, lessens the errors, and saves time to allow the teams to focus on bigger picture things". On the other hand, the top reviewer of IBM Datacap writes "A highly scalable and extensible solution based on configurable rule sets, but they should provide better first-line support and an easier way to carry out the customizations". ABBYY Vantage is most compared with UiPath, Kofax RPA, IQ Bot, HyperScience and Microsoft Power Automate, whereas IBM Datacap is most compared with Microsoft Power Automate, HyperScience, Kofax RPA, OpenText Intelligent Capture and UiPath. See our ABBYY Vantage vs. IBM Datacap report.

    See our list of best Intelligent Document Processing (IDP) vendors and best Robotic Process Automation (RPA) vendors.

    We monitor all Intelligent Document Processing (IDP) reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.