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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
5.8
Number of Reviews
56
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of August 2025, in the Intelligent Document Processing (IDP) category, the mindshare of ElectroNeek is 1.0%, up from 0.7% compared to the previous year. The mindshare of UiPath Document Understanding is 12.4%, down from 14.0% 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 most valuable feature is the price."
"The solution is user-friendly with a really good UI and ID."
"The product's initial setup phase was easy."
"The cost is the best thing about ElectroNeek."
"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."
"We find the OCR feature very valuable, due to the corrector recognition that it provides; this is very useful for document processing."
"ElectroNeek was extremely easy to use, especially its UI was easy to navigate with limited training."
"The product's setup is straightforward."
"One of the most valuable features is the intelligent recognition of the fields. The algorithm is able to recognize them based on the pattern. Also, the machine learning model enables you to use predefined solutions. The machine-learning capabilities of the solution are very cool."
"The quality of the input documents is crucial because sometimes healthcare providers prefer automated processing rather than human review."
"It's great for document understanding for invoices and installments."
"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."
"Scalability-wise, I rate the solution a nine out of ten...The solution's technical support is good."
"I believe the most valuable feature is the prebuilt algorithm for extracting information from foreign invoices."
"Machine learning is the most valuable feature of UiPath Document Understanding."
"We can integrate document understanding with other systems and applications."
 

Cons

"The pricing is an area with a shortcoming, and from an improvement perspective, it needs to be made cheaper."
"The solution needs to improve its stability."
"When I wanted to use web scraping for tables in web applications, I found through online forums that such functionality or activity is currently not working as it shows."
"I think that this solution could improve remote desktop interactions."
"ElectroNeek comes with three activities and we cannot add activities like we can with uiPADs."
"Its price could definitely be lower."
"The integrating capability of the product needs to be improved, to ensure that it works with all systems involved in a process."
"The solution works well with Google Chrome, but not with Microsoft Edge, which is the browser we use for automation."
"The extraction can be better. ABBYY FlexiCapture has more capabilities than Document Understanding. It can also extract automatically without training, whereas with Document Understanding, we need to train everything."
"Its pricing can be improved."
"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."
"UiPath Document Understanding has difficulty identifying handwritten documents, and there is room for improvement."
"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 document processing."
"The signature comparison feature of UiPath Document Understanding could be improved."
"The signature and handwriting are a pain point for the OCR and have room for improvement."
"The documentation should be more clear, or better training should be provided."
 

Pricing and Cost Advice

"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."
"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."
"I give the price an eight out of ten."
"I believe we had a Silver Membership or something similar annually."
"I find the pricing to be fair."
"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 last time we implemented UiPath Document Understanding the price was high."
"I find the pricing to be somewhat on the higher side."
"UiPath has a higher upfront cost, but its Document Understanding feature is not a significant additional expense compared to the overall platform."
"It's expensive, but you can reduce the price per license by getting more licenses. Overall, the pricing is okay."
"On a scale of one to ten with ten being the most expensive, I rate UiPath Document Understanding an eight on cost."
"UiPath Document Understanding is priced high compared to its competition."
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Top Industries

By visitors reading reviews
Comms Service Provider
14%
Educational Organization
13%
Computer Software Company
10%
Photography Company
10%
Financial Services Firm
16%
Computer Software Company
15%
Manufacturing Company
7%
Real Estate/Law Firm
7%
 

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?
The small bundle that UiPath sells for Document Understanding is 60,000 units or pages. Clients need to come close to 60,000 pages a year or more.
What needs improvement with UiPath Document Understanding?
The main area for improvement for UiPath Document Understanding is pricing. They are cutting out the middle market because 60,000 pages are very high for that segment. To have that, they have to pa...
 

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: July 2025.
865,164 professionals have used our research since 2012.