Another Monday vs IBM Datacap comparison

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Another Monday Logo
564 views|309 comparisons
100% willing to recommend
IBM Logo
1,358 views|549 comparisons
88% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Another Monday and IBM Datacap based on real PeerSpot user reviews.

Find out what your peers are saying about UiPath, Microsoft, Automation Anywhere and others in Robotic Process Automation (RPA).
To learn more, read our detailed Robotic Process Automation (RPA) Report (Updated: April 2024).
769,630 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
"The initial setup is very quick."

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"One of the valuable features of Datacap is the user experience. One thing that IBM did a few years ago was they standardized all of their ECM products on Content Navigator, including Datacap. If you're an IBM ECM customer you have FileNet, you have Datacap, you have StoredIQ and you have a consistent user experience, user interface.""The installation of the solution is very simple.""It's resiliency. There are multiple ways of identifying what you are looking for. There are multiple export formats.""The solution offers many features that are beneficial for customers.""The big thing these days is really the Insight Edition component and being able to build annotators to extract from literally unstructured content: paragraphs and information where there's no start anchor point to define where that data is located. There could be a number of entities in that which you have to draw information from. Being able to extract from them is really the differentiator today between that product and many of the other products...""The most valuable feature is its ability to capture data, which changes all the time into different formats.""It's a platform, not a configured application, so you can do what you want with it.""I work for an insurance company, and we use Datacap for document processing."

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Cons
"The solution should come with language customization, which would simplify its use for our customers."

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"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.""I would like to see integration of Watson AI technology into Datacap.""The interface can be more intuitive.""I would like better ease of use and more support options.""The reading efficiency of the solution needs to be improved.""The IBM Datacap site actually is on the newer inside. They will give it as a plugin only.""The solution's scalability needs improvement.""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."

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Pricing and Cost Advice
  • "There is no licensing fee for our customers."
  • More Another Monday Pricing and Cost Advice →

  • "Pricing needs to stay competitive."
  • "You save a lot of time and money, but the benefit is you have people who are able to run the systems, check to see if there are any errors at all, and there are a lot less errors than a human system."
  • "Pricing depends on how much we use it. We pay per bulk quantity. We pay as you go. Therefore, it sort of depends on our usage of it."
  • "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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    Top Answer:The installation of the solution is very simple.
    Top Answer:IBM Datacap cannot fetch unstructured data properly; it always gives you wrong information, so no one uses this solution for unstructured data. Even for structured data, sometimes the administrators… more »
    Ranking
    Views
    564
    Comparisons
    309
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Views
    1,358
    Comparisons
    549
    Reviews
    7
    Average Words per Review
    528
    Rating
    6.7
    Comparisons
    Also Known As
    Datacap
    Learn More
    Overview

    Building a fully-automated robotic process environment where robot
    workers performed an equivalent volume of work of over 1,500 full-time
    virtual employees required the careful development and optimization of
    an RPA-architecture.
    We created an architecture that embodies the best practices of both
    RPA-methodology and RPA-tools. These two components defined automation
    best practices like the enforcing of a rigorous process mapping and a
    process automation design approach that captures every action for all
    workflow possibilities and exceptions. Further, this enables a bot that
    could seamlessly recover from exception-based failures. Ultimately,
    that delivers industrial-grade performance at scale!

    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.

    Sample Customers
    ING, Vodafone, T-Mobile, Billbox
    Turkcell, PowerSouth Energy Cooperative, Central Nacional Unimed, Conqord Oil
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company20%
    Financial Services Firm11%
    Manufacturing Company11%
    Healthcare Company9%
    REVIEWERS
    Computer Software Company38%
    Financial Services Firm23%
    Mining And Metals Company8%
    Transportation Company8%
    VISITORS READING REVIEWS
    Financial Services Firm20%
    Computer Software Company15%
    Government11%
    Insurance Company8%
    Company Size
    VISITORS READING REVIEWS
    Small Business15%
    Midsize Enterprise15%
    Large Enterprise70%
    REVIEWERS
    Small Business46%
    Midsize Enterprise15%
    Large Enterprise38%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise14%
    Large Enterprise69%
    Buyer's Guide
    Robotic Process Automation (RPA)
    April 2024
    Find out what your peers are saying about UiPath, Microsoft, Automation Anywhere and others in Robotic Process Automation (RPA). Updated: April 2024.
    769,630 professionals have used our research since 2012.

    Another Monday is ranked 33rd in Robotic Process Automation (RPA) while IBM Datacap is ranked 8th in Intelligent Document Processing (IDP) with 26 reviews. Another Monday is rated 9.0, while IBM Datacap is rated 7.6. The top reviewer of Another Monday writes "A scalable solution which is easy to install and use". On the other hand, the top reviewer of IBM Datacap writes "The ability to connect this information with the appropriate database and recognize it irrespective of the format or source is an extremely valuable feature". Another Monday is most compared with UiPath and Microsoft Power Automate, whereas IBM Datacap is most compared with ABBYY Vantage, Microsoft Power Automate, Tungsten TotalAgility, HyperScience and OpenText Intelligent Capture.

    See our list of best Robotic Process Automation (RPA) vendors.

    We monitor all Robotic Process Automation (RPA) 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.