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Automation Hero vs IQ Bot [EOL] comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Aug 19, 2025

Review summaries and opinions

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

Categories and Ranking

Automation Hero
Ranking in Intelligent Document Processing (IDP)
32nd
Average Rating
7.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
IQ Bot [EOL]
Ranking in Intelligent Document Processing (IDP)
6th
Average Rating
7.6
Reviews Sentiment
7.6
Number of Reviews
51
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of August 2025, in the Intelligent Document Processing (IDP) category, the mindshare of Automation Hero is 0.3%, down from 0.5% compared to the previous year. The mindshare of IQ Bot [EOL] is 2.4%, down from 3.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Intelligent Document Processing (IDP)
 

Featured Reviews

AK
Good dashboard with easy tracking feature; lacks sufficient templates
Our use case of this product is for invoice processing. We tested it on a small project to get a comparison with UiPath. I am a user of this product and an intern in the company.  It's great that the solution doesn't require coding. If you input an invoice, it reads all the fields automatically…
Hilal Paray. - PeerSpot reviewer
Has valuable OCR capabilities and a straightforward setup process
The initial setup is straightforward. Automation Anywhere's cloud-based tools make the deployment process relatively easy compared to other solutions. The on-premises version can be deployed in about a week, as testing is involved. However, deploying the cloud version takes approximately 30 minutes since everything is pre-configured and ready to deploy.

Quotes from Members

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

Pros

"Dashboard is good and the product doesn't require coding."
"IQ Bot is a useful and easy-to-use tool."
"IQ Bot efficiently extracts invoice data from various types of PDFs."
"It offers a pretty simple setup process."
"The character recognition feature is very good."
"The detection or extraction of data from the images in PDFs is the feature that I use the most. It is a good solution in terms of how easily you can administer or manage this tool. It is quite easy to use, and it is powerful in terms of what it can do."
"I like most of the algorithms that it has, such as classified algorithms. I also like the OCR engines that it provides. We get a lot of options to explore and deal with. IQ Bot has added a lot of value in terms of extracting the information. Some OCR engines have limitations in terms of extracting the information. They have recently added a new feature that allows us to add Python scripting. Earlier, we had to do the post-processing work in terms of formatting and updating the proper values, but now, we have the option to write a Python script, which is really helpful for us in terms of getting the output. We can manage everything using Python."
"In my experience, the product is very stable, and it works well with systems like JDE and Mainframes."
"The ease that it provides in extracting vendor invoices, without having to configure them, was the reason for which we had gone with a solution."
 

Cons

"Lacks sufficient keywords and templates."
"Better customization in terms of mapping would be an improvement."
"The solution requires 32GB RAM."
"It would be helpful if the solution was better at reading handwriting. It needs better handwriting recognition."
"We don't get any kind of technical support or training for IQ Bot. There's a total lack of communication from them."
"Building IQ bots is time-consuming. Initially, script-wise, it would take a lot of time and also the testing of testing part of it."
"The price of IQ Bot, packaged with Automation Anywhere, is too expensive for some companies and they will not use it."
"IQ Bot doesn't accept or manage unstructured documents properly."
"The solution did not allow the use of other OCR and their own was not accurate and could improve."
 

Pricing and Cost Advice

Information not available
"Solutions from Automation Anywhere are expensive."
"I feel that the price of IQ Bot could be lower."
"The pricing is reasonable."
"The pricing is complicated but I wouldn't say that they are expensive."
"Pricing for IQ Bot isn't good because if you're paying a lot and you're still getting some problems from it, then you can't give it a good rating. You have to compare how much you're taking out of your pocket with what you're getting from the solution. For example, I have a client paying $30 or $40 for the solution, but sometimes, he's still getting exceptions or errors from it. The cost of IQ Bot is too high, so people are hesitant to purchase the license for it. On a scale of one to five, with one being expensive, and five being affordable, I'm giving IQ Bot pricing a one."
"The product’s price is always in the higher range."
"There are more affordable solutions than this."
"The licensing is on a yearly basis, and I am happy with the pricing."
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Top Industries

By visitors reading reviews
No data available
Manufacturing Company
10%
Computer Software Company
8%
Government
8%
Educational Organization
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

Ask a question
Earn 20 points
When evaluating Robotic Process Automation, what aspect do you think is the most important to look for?
My answer is going to a bit different as I am a business user with limited programming skills 1. Software costs including recurring fees are very important. Automation Anywhere wants to charge a ...
What do you like most about IQ Bot?
IQ Bot is relatively easy to use and develop.
What is your experience regarding pricing and costs for IQ Bot?
In my experience, compared to Power Automate ( /products/microsoft-power-automate-reviews ), IQ Bot ( /products/iq-bot-reviews ) is high-priced, but when compared to UiPath, it is lower priced. For...
 

Comparisons

 

Overview

 

Sample Customers

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Synergy
Find out what your peers are saying about ABBYY, UiPath, Automation Anywhere and others in Intelligent Document Processing (IDP). Updated: August 2025.
865,295 professionals have used our research since 2012.