Datamatics TruCap+ vs UiPath Document Understanding comparison

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Datamatics Logo
78 views|35 comparisons
100% willing to recommend
UiPath Logo
1,735 views|799 comparisons
92% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Datamatics TruCap+ and UiPath Document Understanding based on real PeerSpot user reviews.

Find out what your peers are saying about ABBYY, Automation Anywhere, UiPath and others in Intelligent Document Processing (IDP).
To learn more, read our detailed Intelligent Document Processing (IDP) Report (Updated: May 2024).
771,968 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 tool's most valuable features are API services and data analytics."

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"Has a very good machine learning feature.""The quality of the input documents is crucial because sometimes healthcare providers prefer automated processing rather than human review.""The highly visual and user-friendly interface was a standout feature.""We are working with 40,000 different vendor templates. Document Understanding can understand and process various formats without much manual effort to configure the templates. That wasn't the case when we were using Microsoft.""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.""UiPath provides a useful feature that allows us to classify documents as invoices or not.""I believe the most valuable feature is the prebuilt algorithm for extracting information from foreign invoices.""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."

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Cons
"Datamatics TruCap+ needs to improve its stability."

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"The documentation should be more clear, or better training should be provided.""Document Understanding would be improved with more AI platforms.""UiPath Document Understanding has challenges with handwriting and screenshots.""The extraction and classification process should be simplified.""UiPath Document Understanding's ability to handle diverse document formats, including scans and signatures, needs improvement.""UiPath Document Understanding can improve its handwriting and signature recognition.""The results of classifying patient documents within UiPath Document Understanding need to be more accurate.""I would like to see more integration of artificial intelligence. That's being implemented, but it would be a massive improvement to the solution's document processing. If UiPath achieves intelligent document processing, it will be far better than anything on the market. There are currently some limitations with the fields that could be addressed using a GPT engine. With an integrated AI model, you wouldn't need to create your taxonomy. You would only need to provide some prompts, such as "What is the property name?" It will store that as a variable."

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Pricing and Cost Advice
Information Not Available
  • "Document Understanding's price is quite high."
  • "For the licensing part, in our company, we initially started off with a monthly plan, but yearly plans are also there. Cost-wise, UiPath Document Understanding is good since it provides flexibility in its pricing."
  • "On a scale of one to ten, where one is cheap, and ten is expensive, I rate the solution a nine."
  • "The pricing is reasonable."
  • "It's expensive, but you can reduce the price per license by getting more licenses. Overall, the pricing is okay."
  • "We received a 60-day free trial before having to purchase a license to continue using UiPath Document Understanding."
  • "On a scale of one to ten with ten being the most expensive, I rate UiPath Document Understanding an eight on cost."
  • "Our clients are concerned about the volume-based pricing model, as UiPath charges more than other vendors in the market."
  • More UiPath Document Understanding Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The tool's most valuable features are API services and data analytics.
    Top Answer:Datamatics TruCap+ needs to improve its stability.
    Top Answer:We use the product for API and interface collections.
    Top Answer: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.
    Top Answer:The product is not very costly in itself. It is part of the normal license. The solution’s cost increases for machine learning or artificial intelligence because we have to go for UiPath Orchestrator… more »
    Top Answer:Sometimes, when the number of items is very large, the solution doesn't properly identify them. It's not 100% accurate, but it gives an 85% to 90% output. The solution doesn't work properly when too… more »
    Ranking
    Views
    78
    Comparisons
    35
    Reviews
    1
    Average Words per Review
    175
    Rating
    9.0
    Views
    1,735
    Comparisons
    799
    Reviews
    40
    Average Words per Review
    905
    Rating
    8.1
    Comparisons
    Learn More
    Overview

    Datamatics TruCap+ is an intelligent data capture solution powered by Artificial Intelligence (AI) and fuzzy logic. It helps in intelligent data capture from various unstructured documents with over 99% accuracy. Its ability to continuously auto-learn using AI/ML algorithms and inputs provided by users; combined with ability to predict confidence level of the captured data; makes it a truly intelligent data capture solution. It is compatible with all legacy as well as modern ERP systems. TruCap+ is highly modular, configurable, and customizable and can be deployed on-premise as well as on-cloud. With over 90% of the data generated by businesses being in unstructured form; TruCap+ is the ideal solution to take forward your digital transformation journey.

    Datamatics TruCap - https://trubot.datamatics.com/

    Wouldn’t it be great if software robots could understand documents? To extract, interpret, and process data for you, even from PDFs, images, handwriting, and scans? UiPath Document Understanding helps your robots do just that. Delegate more of your digital paperwork with a boost from AI.

    Sample Customers
    ARI Global Fleet Management, Ashapura Minechem Ltd, Blue Star, BUPA, Memphis Area Transit Authority (MATA)
    Information Not Available
    Top Industries
    No Data Available
    REVIEWERS
    Computer Software Company39%
    Manufacturing Company17%
    Comms Service Provider9%
    Financial Services Firm4%
    VISITORS READING REVIEWS
    Financial Services Firm16%
    Computer Software Company15%
    Healthcare Company7%
    Manufacturing Company7%
    Company Size
    No Data Available
    REVIEWERS
    Small Business40%
    Midsize Enterprise16%
    Large Enterprise44%
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise12%
    Large Enterprise70%
    Buyer's Guide
    Intelligent Document Processing (IDP)
    May 2024
    Find out what your peers are saying about ABBYY, Automation Anywhere, UiPath and others in Intelligent Document Processing (IDP). Updated: May 2024.
    771,968 professionals have used our research since 2012.

    Datamatics TruCap+ is ranked 11th in Intelligent Document Processing (IDP) with 1 review while UiPath Document Understanding is ranked 3rd in Intelligent Document Processing (IDP) with 45 reviews. Datamatics TruCap+ is rated 9.0, while UiPath Document Understanding is rated 8.2. The top reviewer of Datamatics TruCap+ writes "Comes with API services and data analytics features but needs to improve stability ". On the other hand, the top reviewer of UiPath Document Understanding writes "Is easy to configure, user-friendly, and produces accurate results". Datamatics TruCap+ is most compared with , whereas UiPath Document Understanding is most compared with ABBYY Vantage, Instabase, Tungsten TotalAgility and Nanonets.

    See our list of best Intelligent Document Processing (IDP) 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.