Datamatics TruCap+ vs UiPath Document Understanding comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Datamatics TruCap+
Ranking in Intelligent Document Processing (IDP)
11th
Average Rating
9.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
UiPath Document Understanding
Ranking in Intelligent Document Processing (IDP)
2nd
Average Rating
8.2
Number of Reviews
47
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of July 2024, in the Intelligent Document Processing (IDP) category, the mindshare of Datamatics TruCap+ is 0.9%, up from 0.6% compared to the previous year. The mindshare of UiPath Document Understanding is 12.5%, up from 12.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Intelligent Document Processing (IDP)
Unique Categories:
No other categories found
No other categories found
 

Featured Reviews

IS
Oct 25, 2023
Comes with API services and data analytics features but needs to improve stability
We use the product for API and interface collections.  The tool's most valuable features are API services and data analytics.  Datamatics TruCap+ needs to improve its stability.  I have been working with the product for a month.  I rate the tool's stability an eight out of ten.  The product is…
SY
Mar 1, 2024
Helps to reduce human error, and fully automate 95 percent of processes, but the price is high
The UiPath APIs lack reliable table parsing. The accuracy of document extraction depends on the document's original format. For rich text documents, the accuracy is generally good. However, scanned documents like PDFs or images present a challenge and often yield lower accuracy. Another challenge arises when dealing with multiple documents in a single image. This scenario is common in invoice automation, where a single image might contain several invoices. Furthermore, processing files containing multiple document types, such as multiple invoices in one file, can be problematic. Currently, the system assumes each uploaded file represents a single document or invoice, which is not always the case. To address these challenges, I propose enhancing UiPath Document Understanding to analyze the entire document, not just individual pages. This would allow the system to identify individual invoices within a multi-page document and assign extracted data to the corresponding invoice. I would like custom key value integration instead of generic key values for extraction. The cost of UiPath Document Understanding has room for improvement.

Quotes from Members

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

Pros

"The tool's most valuable features are API services and data analytics."
"UiPath enables us to automate manual tasks and duplicate them easily. The processes are highly accurate."
"Machine learning is the most valuable feature of UiPath Document Understanding."
"The best feature, in my opinion, is, we can train the document using a machine-learning classifier."
"The scalability it offers is truly exceptional, making it arguably the best in the market."
"In UiPath Document Understanding, I use two extractors. One is the Intelligent Form Extractor and the other is the Machine Learning Extractor. The first one is very useful and user-friendly. When we have a single template or two to three templates, Intelligent Form Extractor is much easier to use. But if we have multiple templates, it's better to go with ML Extractor as you can train the model with different templates."
"I like the clear and organized way in which UiPath has structured the labeling process, as well as the user-friendly development environment."
"Document classification is very good."
"The taxonomy and Validation Station are among the most helpful features for us. If anything is extracted incorrectly, we can manually extract it there."
 

Cons

"Datamatics TruCap+ needs to improve its stability."
"This is an expensive solution."
"UiPath Document Understanding's ability to read handwritten files has room for improvement."
"The solution must localize the built-in features for supporting Arabic scripts so we do not rely on third-party tools."
"There are also problems with handwritten documents. The results from those are not 90 percent accurate. With scanned and native PDFs, it is 90 to 99 percent accurate, but the accuracy of handwritten documents is somewhat less. If they could improve on that, it would also be helpful."
"UiPath Document Understanding has challenges with handwriting and screenshots."
"The machine learning model needs improvement, as we receive more and more unstructured documents from clients that require a lot of manual validation."
"Making the design of Forms AI more flexible and accommodating to companies' branding preferences would be beneficial."
"It would be much easier if UiPath increased the count of pages. Currently, they are allowing one million pages for $10,000 per month. I would prefer to increase the page count or reduce the dollar count in terms of processing the documents. I would prefer $6,000 per month for processing 2 to 3 million pages per month. It will then be much easier for companies with a low budget to use this product."
 

Pricing and Cost Advice

Information not available
"UiPath Document Understanding compared to the competitors is high."
"The price is on the high end."
"UiPath Document Understanding offers fair pricing, primarily if you consider the number of resources and human work the solution reduces, plus the ROI you can get from it."
"UiPath Document Understanding carries a premium price tag, but its current technological capabilities may not yet fully justify the cost."
"I do not know about its price, but for large organizations, UiPath is cheap, whereas, for small organizations, UiPath is high. For example, if 500 licenses are needed for one company, UiPath is cheap. If only 5 licenses are required, UiPath is costly."
"UiPath is a pricey tool for small customers."
"We received a 60-day free trial before having to purchase a license to continue using UiPath Document Understanding."
"The solution’s cost increases for machine learning or artificial intelligence because we have to go for UiPath Orchestrator."
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Top Industries

By visitors reading reviews
No data available
Computer Software Company
16%
Financial Services Firm
16%
Healthcare Company
7%
Manufacturing Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What do you like most about Datamatics TruCap+?
The tool's most valuable features are API services and data analytics.
What needs improvement with Datamatics TruCap+?
Datamatics TruCap+ needs to improve its stability.
What is your primary use case for Datamatics TruCap+?
We use the product for API and interface collections.
What do you like most about UiPath Document Understanding?
The solution allows us to continue with vendors whose information comes in correctly and to stop the automation for vendors with many items that are not clearly defined.
What is your experience regarding pricing and costs for UiPath Document Understanding?
UiPath has a higher upfront cost, but its Document Understanding feature is not a significant additional expense compared to the overall platform.
What needs improvement with UiPath Document Understanding?
UiPath Document Understanding, while effective for its own platform, could be even more valuable if it integrated with other commonly used platforms, allowing for a more universal approach to docum...
 

Learn More

 

Overview

 

Sample Customers

ARI Global Fleet Management, Ashapura Minechem Ltd, Blue Star, BUPA, Memphis Area Transit Authority (MATA)
Information Not Available
Find out what your peers are saying about ABBYY, UiPath, Automation Anywhere and others in Intelligent Document Processing (IDP). Updated: July 2024.
793,295 professionals have used our research since 2012.