ElectroNeek vs Ephesoft Transact comparison

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ElectroNeek Logo
46 views|21 comparisons
95% willing to recommend
Ephesoft Logo
526 views|251 comparisons
50% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between ElectroNeek and Ephesoft Transact based on real PeerSpot user reviews.

Find out in this report how the two Intelligent Document Processing (IDP) solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed ElectroNeek vs. Ephesoft Transact Report (Updated: March 2024).
767,995 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 cost is the best thing about ElectroNeek.""The product's setup is straightforward.""The drag and drop feature, which is no code, is very useful for me because I am not a technical person. It is very user-friendly.""The solution is user-friendly with a really good UI and ID.""The product's initial setup phase was easy.""ElectroNeek was extremely easy to use, especially its UI was easy to navigate with limited training.""My favorite feature is that you can have unlimited bots without having to buy more licenses. That's a powerful option for scalability.""The most valuable feature is the price."

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"I have found the keyword extraction to be helpful.""Transact's best feature is its ease of customization.""I like the inject feature. With desktop injects, we're doing all these things and extracting these things. Its stable, scalable, and technical support is good."

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Cons
"The solution needs to improve its stability.""The integrating capability of the product needs to be improved, to ensure that it works with all systems involved in a process.""It's not applicable to very large enterprises and for difficult work or more complex processes.""I think that this solution could improve remote desktop interactions.""The pricing is an area with a shortcoming, and from an improvement perspective, it needs to be made cheaper.""The solution works well with Google Chrome, but not with Microsoft Edge, which is the browser we use for automation.""Its price could definitely be lower.""ElectroNeek comes with three activities and we cannot add activities like we can with uiPADs."

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"It's not easy to train.""Transact could be improved by removing Java and making its pricing more accessible for smaller customers.""Their email service and extraction could be better. We get the input via email, and these emails contain different types of documents like Excel, PDF, or they may contain different content in the email body. Due to this variation, sometimes the email service crashes, and emails aren't redirected to Ephesoft Transact. Ephesoft has provided us with new hotfixes. Whatever flaws we found in the 2019.2 version, they have already updated it in the new version, 20.1.05, and it's already released. Drawbacks like not capturing the handwritten fields are now sorted."

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Pricing and Cost Advice
  • "It's very affordable and the licensing is billed on a yearly basis."
  • "Its price could definitely be lower. Its licensing is on a yearly basis. There is no additional cost to the standard licensing fees."
  • "I believe we had a Silver Membership or something similar annually."
  • "I give the price an eight out of ten."
  • "On a scale of one to ten, where one is cheap, and ten is expensive, I rate the pricing a seven."
  • "My company has made a payment towards the purchase of a license from ElectorNeek."
  • More ElectroNeek Pricing and Cost Advice →

  • "Initially, when I got a licensed copy of Ephesoft Transact, it was for one year. After one year, we had to send an email to the Ephesoft team informing them that our license was going to expire. They updated it and provided one license in our file, and we had to update and install the folder. They have versions for one year and lifelong as well."
  • "Transact's pricing could be better for smaller customers."
  • More Ephesoft Transact Pricing and Cost Advice →

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    767,995 professionals have used our research since 2012.
    Questions from the Community
    Top Answer:Yea there are. For example Electroneek. 
    Top Answer:The product's initial setup phase was easy.
    Top Answer:My company has made a payment towards the purchase of a license from ElectorNeek.
    Top Answer:I have found the keyword extraction to be helpful.
    Top Answer:The pricing is fair. It's not too expensive. I'd rate the solution seven out of ten.
    Top Answer:The configuration can be a bit much. The AML engine part could be better. It's not easy to train. It's not so easy to train the system. If it's not trained, the accuracy will be off. They need to… more »
    Ranking
    Views
    46
    Comparisons
    21
    Reviews
    6
    Average Words per Review
    410
    Rating
    7.0
    Views
    526
    Comparisons
    251
    Reviews
    1
    Average Words per Review
    593
    Rating
    6.0
    Comparisons
    Also Known As
    ElectroNeek RPA
    Learn More
    Overview

    ElectroNeek is an Intelligent Automation Platform transforming business process management in enterprises by integrating AI bots with employee workflows, automating routines, and helping humans to focus on more creative and strategic tasks. ElectroNeek provides a wide range of exciting low-code automation tools based on RPA, IDP, AI and GPT-4 (Conversational and Generative) technologies.

    Ephesoft provides intelligent document processing solutions with industry-leading technology to help enterprises maximize their productivity. Using AI and patented machine learning technology, Ephesoft’s platform captures data from documents, enriches it with context and amplifies the power of that data, adding intelligence to accelerate any business process and drive successful digital transformation. Once the data is unlocked, Ephesoft classifies it and easily export the data into any ERP, Content Services, RPA, Workflow or other repository.

    Customers who have a high volume of valuable documents like invoices, records, contracts, mail, claims or loans, can benefit by accelerating and streamlining processes, eliminating manual data entry and boosting productivity. It’s time to automate your processes and get work done faster.

    Sample Customers
    UFP, Clariant, Ricoh, FMBCapital, RePower
    Honda Logistics, Washington State Health Care Authority
    Top Industries
    REVIEWERS
    Computer Software Company33%
    Financial Services Firm33%
    Comms Service Provider8%
    Outsourcing Company8%
    VISITORS READING REVIEWS
    Computer Software Company14%
    Comms Service Provider14%
    Manufacturing Company10%
    Financial Services Firm9%
    VISITORS READING REVIEWS
    Financial Services Firm21%
    Computer Software Company21%
    Retailer7%
    Wholesaler/Distributor5%
    Company Size
    REVIEWERS
    Small Business41%
    Midsize Enterprise6%
    Large Enterprise53%
    VISITORS READING REVIEWS
    Small Business31%
    Midsize Enterprise17%
    Large Enterprise51%
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise18%
    Large Enterprise63%
    Buyer's Guide
    ElectroNeek vs. Ephesoft Transact
    March 2024
    Find out what your peers are saying about ElectroNeek vs. Ephesoft Transact and other solutions. Updated: March 2024.
    767,995 professionals have used our research since 2012.

    ElectroNeek is ranked 10th in Intelligent Document Processing (IDP) with 9 reviews while Ephesoft Transact is ranked 12th in Intelligent Document Processing (IDP) with 3 reviews. ElectroNeek is rated 7.4, while Ephesoft Transact is rated 7.6. The top reviewer of ElectroNeek writes "User-friendly, good UI, but does not work well with Microsoft Edge". On the other hand, the top reviewer of Ephesoft Transact writes "A stable and scalable smart content acquisition and data classification solution with a useful inject feature". ElectroNeek is most compared with UiPath, Microsoft Power Automate, Robocorp and Automation Anywhere (AA), whereas Ephesoft Transact is most compared with ABBYY Vantage, OpenText Intelligent Capture and Tungsten RPA. See our ElectroNeek vs. Ephesoft Transact report.

    See our list of best Intelligent Document Processing (IDP) vendors and best Robotic Process Automation (RPA) 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.