Ephesoft Transact vs UiPath Document Understanding comparison

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Ephesoft Logo
490 views|231 comparisons
50% 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 Ephesoft Transact and UiPath Document Understanding 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 Ephesoft Transact vs. UiPath Document Understanding Report (Updated: March 2024).
770,428 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
"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.""I have found the keyword extraction to be helpful.""Transact's best feature is its ease of customization."

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"Scalability-wise, I rate the solution a nine out of ten...The solution's technical support is good.""UiPath Document Understanding offers multiple types of extractors, which we can use to extract information from documents in a variety of ways.""The best feature is pre-labeling, as it eliminates the need to manually label each data point.""The entity-level extraction is very good. The workflow is also very good.""I believe the most valuable feature is the prebuilt algorithm for extracting information from foreign invoices.""UiPath enables us to automate manual tasks and duplicate them easily. The processes are highly accurate.""The most valuable feature is key-value pair and table extraction.""The scalability it offers is truly exceptional, making it arguably the best in the market."

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Cons
"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.""It's not easy to train.""Transact could be improved by removing Java and making its pricing more accessible for smaller customers."

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"An area for improvement in UiPath Document Understanding is data extraction from scanned documents. It could be better because I've observed a ten percent failure or flaw whenever the vendor scans and converts documents into PDFs.""UiPath Document Understanding could be more user-friendly.""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.""At times, the scanning functionality of the tool may fail to generate accurate output, resulting in the need for manual input.""UiPath could improve its analytics and interface.""The documentation should be more clear, or better training should be provided.""UiPath Document Understanding requires more database connectors.""The solution must localize the built-in features for supporting Arabic scripts so we do not rely on third-party tools."

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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 →

  • "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: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 »
    Top Answer:Invoice processing is the most valuable feature. Most of my customers use Document Understanding for invoice processing. That's one of the most common use cases. Typically, each customer starts their… more »
    Top Answer:Document Understanding's pricing is reasonable for developed markets because manual entry will be unable to match the cost of automatically processing one page. However, you can get labor for much… more »
    Top Answer:Document Understanding's handwriting comprehension is improving, but it's still not as good as printed documents. Machine learning models, in general, are becoming mature, but it's still not to a… more »
    Ranking
    Views
    490
    Comparisons
    231
    Reviews
    1
    Average Words per Review
    593
    Rating
    6.0
    Views
    1,735
    Comparisons
    799
    Reviews
    40
    Average Words per Review
    905
    Rating
    8.1
    Comparisons
    Learn More
    Overview

    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.

    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
    Honda Logistics, Washington State Health Care Authority
    Information Not Available
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm21%
    Computer Software Company20%
    Retailer7%
    Wholesaler/Distributor6%
    REVIEWERS
    Computer Software Company39%
    Manufacturing Company17%
    Comms Service Provider9%
    Financial Services Firm4%
    VISITORS READING REVIEWS
    Financial Services Firm16%
    Computer Software Company15%
    Manufacturing Company7%
    Healthcare Company7%
    Company Size
    VISITORS READING REVIEWS
    Small Business19%
    Midsize Enterprise19%
    Large Enterprise62%
    REVIEWERS
    Small Business40%
    Midsize Enterprise16%
    Large Enterprise44%
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise12%
    Large Enterprise70%
    Buyer's Guide
    Ephesoft Transact vs. UiPath Document Understanding
    March 2024
    Find out what your peers are saying about Ephesoft Transact vs. UiPath Document Understanding and other solutions. Updated: March 2024.
    770,428 professionals have used our research since 2012.

    Ephesoft Transact is ranked 12th in Intelligent Document Processing (IDP) with 3 reviews while UiPath Document Understanding is ranked 3rd in Intelligent Document Processing (IDP) with 45 reviews. Ephesoft Transact is rated 7.6, while UiPath Document Understanding is rated 8.2. The top reviewer of Ephesoft Transact writes "A stable and scalable smart content acquisition and data classification solution with a useful inject feature". On the other hand, the top reviewer of UiPath Document Understanding writes "Is easy to configure, user-friendly, and produces accurate results". Ephesoft Transact is most compared with ABBYY Vantage, whereas UiPath Document Understanding is most compared with ABBYY Vantage, Instabase, Tungsten TotalAgility, Nanonets and IQ Bot. See our Ephesoft Transact vs. UiPath Document Understanding report.

    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.