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Automation Hero vs IQ Bot [EOL] comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Nov 23, 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
Average Rating
7.0
Number of Reviews
1
Ranking in other categories
Intelligent Document Processing (IDP) (33rd)
IQ Bot [EOL]
Average Rating
7.6
Reviews Sentiment
7.6
Number of Reviews
51
Ranking in other categories
No ranking in other categories
 

Featured Reviews

AK
Intern at a manufacturing company with 10,001+ employees
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…
RP
Director of Global Automation at a tech services company with 10,001+ employees
Valuable connectivity and coherent solutions simplify maintenance but require cost adjustments for industry-based needs
There are areas of improvement, especially in having industry-based solutions that we could easily tap on. It would help reduce the time spent on feeding information and creating outputs. More flexibility and specific models for specific purposes would be beneficial. Additionally, pricing is a concern as IQ Bot is considered costly.

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."
"It is very easy to set up and use this tool to get information from documents. It can get the information about the purchase order number, average, description of purchase orders in several formats without any problem."
"The single platform capabilities are most valuable. I don't need to go to another third-party such as Blue Prism or UiPath. They have all these other bolt-on solutions. It is a part of the Automation Anywhere platform. It is all integrated."
"The extraction feature is the most valuable one of IQ Bot."
"IQ Bot's connectivity to various cloud service providers is beneficial."
"The character recognition feature is very good."
"I personally feel that the c-extraction feature is valuable. After training it for a particular document, we can see the extractions there. Other than that, it has other features like Python scripting in-built, and these are the features that I feel stand out."
"The product is easy to use and easy to deploy."
"IQ Bot efficiently extracts invoice data from various types of PDFs."
 

Cons

"Lacks sufficient keywords and templates."
"IQ Bot uses an API OCR engine. At times, they can't accommodate some text in Korean. Also, Korean characters are not cognitive at times."
"Better customization in terms of mapping would be an improvement."
"There are certain things that OCR engines are not capable of handling currently. For example, OCR engines pick up a slash as a question mark. They also don't have the capability to handle subcolumns in a column. It would be really helpful if they can add more OCR engines with advanced capabilities to handle such scenarios. We need more cognitive abilities in the OCR engines to deal with the most complex scenarios. We also need more advanced capabilities so that IQ Bot can give better results in terms of PDF quality. This is because we cannot expect the same quality from all the vendors and customers, and there might be scenarios where we get some sort of scanned copies."
"I would like love to see pre-trained models based on industries."
"Could improve with regard to hand-written documents."
"One of the challenges that we faced was that the Automation Anywhere log files were being created and not cleaned up, which would eventually kill the bot."
"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 product is expensive."
 

Pricing and Cost Advice

Information not available
"The product’s price is always in the higher range."
"The cost can be high."
"IQ Bot's pricing is reasonable compared to other solutions but should be decreased further."
"Pricing is highly confidential because it is something that can be negotiated."
"The package that includes Automation Anywhere and IQ Bot starts at $10,000 USD."
"I feel that the price of IQ Bot could be lower."
"The licensing is under usage per page, and I wouldn't recommend it."
"The pricing is complicated but I wouldn't say that they are expensive."
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Top Industries

By visitors reading reviews
No data available
Educational Organization
9%
Government
8%
Financial Services Firm
7%
Logistics Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business13
Midsize Enterprise8
Large Enterprise29
 

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

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Overview

 

Sample Customers

Information Not Available
Synergy
Find out what your peers are saying about ABBYY, UiPath, Automation Anywhere and others in Intelligent Document Processing (IDP). Updated: December 2025.
879,310 professionals have used our research since 2012.