HCL Technologies EXACTO vs UiPath Document Understanding comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

HCL Technologies EXACTO
Ranking in Intelligent Document Processing (IDP)
20th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
UiPath Document Understanding
Ranking in Intelligent Document Processing (IDP)
2nd
Average Rating
8.2
Number of Reviews
47
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of July 2024, in the Intelligent Document Processing (IDP) category, the mindshare of HCL Technologies EXACTO is 0.5%, down from 0.6% compared to the previous year. The mindshare of UiPath Document Understanding is 12.5%, up from 12.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Intelligent Document Processing (IDP)
Unique Categories:
No other categories found
No other categories found
 

Featured Reviews

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SY
Mar 1, 2024
Helps to reduce human error, and fully automate 95 percent of processes, but the price is high
The UiPath APIs lack reliable table parsing. The accuracy of document extraction depends on the document's original format. For rich text documents, the accuracy is generally good. However, scanned documents like PDFs or images present a challenge and often yield lower accuracy. Another challenge arises when dealing with multiple documents in a single image. This scenario is common in invoice automation, where a single image might contain several invoices. Furthermore, processing files containing multiple document types, such as multiple invoices in one file, can be problematic. Currently, the system assumes each uploaded file represents a single document or invoice, which is not always the case. To address these challenges, I propose enhancing UiPath Document Understanding to analyze the entire document, not just individual pages. This would allow the system to identify individual invoices within a multi-page document and assign extracted data to the corresponding invoice. I would like custom key value integration instead of generic key values for extraction. The cost of UiPath Document Understanding has room for improvement.

Quotes from Members

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

Pricing and Cost Advice

Information not available
"UiPath Document Understanding compared to the competitors is high."
"The price for UiPath Document Understanding is a bit expensive."
"The cost per license is significant, approaching ten thousand dollars."
"The price is on the high end."
"One of the biggest challenges we face with UiPath is the pricing structure."
"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."
"I find the pricing to be somewhat on the higher side."
"On a scale of one to ten, where one is cheap, and ten is expensive, I rate the solution a nine."
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Top Industries

By visitors reading reviews
No data available
Computer Software Company
16%
Financial Services Firm
16%
Healthcare Company
7%
Manufacturing Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

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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?
UiPath has a higher upfront cost, but its Document Understanding feature is not a significant additional expense compared to the overall platform.
What needs improvement with UiPath Document Understanding?
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 docum...
 

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Overview

Find out what your peers are saying about ABBYY, UiPath, Automation Anywhere and others in Intelligent Document Processing (IDP). Updated: July 2024.
793,295 professionals have used our research since 2012.