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ElectroNeek vs UiPath Document Understanding comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Oct 10, 2024

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

ElectroNeek
Ranking in Intelligent Document Processing (IDP)
15th
Average Rating
7.4
Reviews Sentiment
6.9
Number of Reviews
9
Ranking in other categories
Robotic Process Automation (RPA) (23rd)
UiPath Document Understanding
Ranking in Intelligent Document Processing (IDP)
2nd
Average Rating
8.0
Reviews Sentiment
6.9
Number of Reviews
52
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of June 2025, in the Intelligent Document Processing (IDP) category, the mindshare of ElectroNeek is 0.9%, up from 0.5% compared to the previous year. The mindshare of UiPath Document Understanding is 12.5%, down from 13.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Intelligent Document Processing (IDP)
 

Featured Reviews

Ishmael Munyai - PeerSpot reviewer
With an easy initial setup phase in place, the tool needs to provide functionalities like web scraping to users
It is a very scalable solution. In ElectroNeek, you can build your project in modular programming or with the use of sub-programs. You can have a lot of sub-programs that make up a whole project. If you don't wanna use the drag-and-drop activities, you can use JavaScript or Python instead. So it's very useful when you are working with things such as SPS. Actually, you can write scripts to support all the product functionalities with Python and manage the product's functions. You will find a company named Apollo Studios on the website of ElectroNeek. I think they are one of the best companies in South Africa that entered into a partnership with ElectroNeek.
Gangadhar Wali - PeerSpot reviewer
Pre-trained models work well, but it is very expensive
We have to do manual validation for some of the things due to the OCR engine not being so accurate. For example, S is read as 5, 5 as S, 2 as Z, and Z as 2. In the case of currency, if one dot is missing, it gives a completely incorrect number. These discrepancies should be fixed because if the OCR itself doesn't work properly, then AI doesn't help with that. When AI is used for training models, the AI Center works precisely, but if the data itself is wrong, we can't do anything. If the extraction of data is proper, it definitely helps. However, 20% errors could be reduced if the OCR engine were better. In future updates, I would like to see better handling of issues such as when a dot is missing in currency, for example, with dollars, it should handle that automatically. It's very expensive. If the volume increases, we can't afford to use Document Understanding. We are thinking of moving to another solution because we are expecting 80,000 to 100,000 invoices.

Quotes from Members

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

Pros

"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."
"My favorite feature is that you can have unlimited bots without having to buy more licenses. That's a powerful option for scalability."
"We find the OCR feature very valuable, due to the corrector recognition that it provides; this is very useful for document processing."
"The cost is the best thing about ElectroNeek."
"The most valuable feature is the price."
"The product's initial setup phase was easy."
"The solution is user-friendly with a really good UI and ID."
"The most valuable feature is the ability for humans to train the bot."
"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."
"We can integrate document understanding with other systems and applications."
"The best feature is pre-labeling, as it eliminates the need to manually label each data point."
"There are many features that can be added to the action center to keep humans in the loop to evaluate the accuracy of the extracted data."
"UiPath enables us to automate manual tasks and duplicate them easily. The processes are highly accurate."
"I like the clear and organized way in which UiPath has structured the labeling process, as well as the user-friendly development environment."
"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."
 

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."
"ElectroNeek comes with three activities and we cannot add activities like we can with uiPADs."
"I think that this solution could improve remote desktop interactions."
"Its price could definitely be lower."
"The solution works well with Google Chrome, but not with Microsoft Edge, which is the browser we use for automation."
"The pricing is an area with a shortcoming, and from an improvement perspective, it needs to be made cheaper."
"UiPath Document Understanding has difficulty identifying handwritten documents, and there is room for improvement."
"They often ask us to go through the documentation first instead of directly explaining or addressing the root cause of issues."
"One area of improvement for UiPath Document Understanding is the accuracy of handwritten documents. While the solution supports handwritten documents, the accuracy percentage is not as high as desired."
"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."
"Making the design of Forms AI more flexible and accommodating to companies' branding preferences would be beneficial."
"It would be ideal if they could include more packages for more use cases."
"The signature and handwriting are a pain point for the OCR and have room for improvement."
"The rising annual licensing cost of UiPath's Document Understanding product is a major turnoff for users."
 

Pricing and Cost Advice

"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."
"Its price could definitely be lower. Its licensing is on a yearly basis. There is no additional cost to the standard licensing fees."
"My company has made a payment towards the purchase of a license from ElectorNeek."
"It's very affordable and the licensing is billed on a yearly basis."
"I believe we had a Silver Membership or something similar annually."
"On a scale of one to ten with ten being the most expensive, I rate UiPath Document Understanding an eight on cost."
"I have only been using its free version."
"UiPath has a higher upfront cost, but its Document Understanding feature is not a significant additional expense compared to the overall platform."
"UiPath Document Understanding is considered a bit expensive compared to other options like Microsoft Azure, which can offer similar quality at a more affordable rate."
"The price for UiPath Document Understanding is a bit expensive."
"I find the pricing to be somewhat on the higher side."
"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."
"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."
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Top Industries

By visitors reading reviews
Comms Service Provider
13%
Educational Organization
12%
Financial Services Firm
11%
Computer Software Company
10%
Financial Services Firm
17%
Computer Software Company
14%
Real Estate/Law Firm
7%
Manufacturing Company
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about ElectroNeek?
The product's initial setup phase was easy.
What is your experience regarding pricing and costs for ElectroNeek?
My company has made a payment towards the purchase of a license from ElectorNeek.
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?
It is expensive. The license cost for UiPath Studio has risen to around 3.5 lakhs last year, and I am uncertain how much the increase will be this year. They have also increased the bot prices. The...
What needs improvement with UiPath Document Understanding?
We have to do manual validation for some of the things due to the OCR engine not being so accurate. For example, S is read as 5, 5 as S, 2 as Z, and Z as 2. In the case of currency, if one dot is m...
 

Also Known As

ElectroNeek RPA
No data available
 

Overview

 

Sample Customers

UFP, Clariant, Ricoh, FMBCapital, RePower
Information Not Available
Find out what your peers are saying about ElectroNeek vs. UiPath Document Understanding and other solutions. Updated: June 2025.
859,129 professionals have used our research since 2012.