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Nanonets vs Readabl.ai comparison

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Comparison Buyer's Guide

Executive Summary

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

Automation Anywhere
Sponsored
Ranking in Intelligent Document Processing (IDP)
1st
Average Rating
8.4
Reviews Sentiment
6.9
Number of Reviews
662
Ranking in other categories
Business Process Management (BPM) (2nd), Robotic Process Automation (RPA) (2nd), Process Mining (1st), Agentic Automation (1st), Business Orchestration and Automation Technologies (2nd), AI Legal & Compliance (1st), AI Finance & Accounting (1st), AI Procurement & Supply Chain (1st)
Nanonets
Ranking in Intelligent Document Processing (IDP)
12th
Average Rating
8.4
Reviews Sentiment
5.5
Number of Reviews
3
Ranking in other categories
No ranking in other categories
Readabl.ai
Ranking in Intelligent Document Processing (IDP)
35th
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of August 2026, in the Intelligent Document Processing (IDP) category, the mindshare of Automation Anywhere is 3.4%, down from 3.5% compared to the previous year. The mindshare of Nanonets is 1.7%, down from 1.8% compared to the previous year. The mindshare of Readabl.ai is 1.0%, up from 0.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Intelligent Document Processing (IDP) Mindshare Distribution
ProductMindshare (%)
Automation Anywhere3.4%
Nanonets1.7%
Readabl.ai1.0%
Other93.9%
Intelligent Document Processing (IDP)
 

Featured Reviews

Venkat Sivaprakash - PeerSpot reviewer
Management Consultant at Accenture
Has significantly improved document-driven workflows and reduced processing time across finance and HR functions
Automation Anywhere has evolved significantly and upgraded itself to provide agentic AI and AI-based automation solutions for document automation. The product has matured considerably over time. We can create workflows that can call an API. We can include prompts in particular workflows for ChatGPT-related functions, connecting to an LLM and RAG to perform tasks. For document automation, modern features are available to train documents, ensuring high accuracy and repeatability over time. The system is very easy to use. I recently completed a course in document automation, typically designed for people involved in coding and technical aspects. Though I understand coding comprehensively, I don't do actual coding. The course was very accessible. Currently, extensive coding isn't necessary due to the hybrid model incorporating GenAI aspects, low-code, no-code capabilities, APIs, and numerous pre-built objects in Automation Anywhere. The features include GenAI-driven prompting methods and workflow creation capabilities. In these workflows, we can create decision boxes and call APIs without coding. We simply pull objects, drop them, connect them, and add minimal coding when needed. The most crucial aspect isn't coding but rather sizing the automation and fleshing out the details. Automation Co-pilot takes notes and performs automated analysis. It can extract details from videos, summarize conversations, and provide detailed information. During calls, it identifies instructions and performs tasks such as preparing reports and reconciliation. Automation Anywhere can also connect with Microsoft Co-pilot. Through Co-pilot, real-time operations can be executed, allowing direct interaction between vendors and automation through this component.
reviewer2855805 - PeerSpot reviewer
Lead Engineer at a tech vendor with 10,001+ employees
Automated invoice conciliation has reduced manual checks and now delivers accurate OCR data
The best features Nanonets offers are OCR and integrations. These features have reduced manual efforts significantly. Currently, manual checking of data between the database and invoices is no longer necessary, as AI is now performing that work. Nanonets is an AI OCR model that I trained to deliver purposeful output. As an AI model, I can briefly describe and extract data from documents. Nanonets is primarily focused on documents, allowing me to extract data, compare it, and it is also useful for handwritten documents. It delivers output that is 99% accurate for handwritten documents as well. I consider Nanonets a good tool that I have worked with, and I have worked on its integration using Python.
it_user1657563 - PeerSpot reviewer
Test Consultant
Stable and scalable with multiple services available simultaneously
There are some features that are provided in the paid version only. They are not a part of the free version. It would be good if some of them could be added to the free version as well to increase usability. If they did that, more people would go for the free version and it will help them explore all kinds of paid services and paid features at no cost. Likely, this would drive adoption and help them acquire more users. It would be ideal if they could add support for rare services as well, to make it so that you can get a response both for SOAP and REST services.

Quotes from Members

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

Pros

"Object Cloning is the most valuable feature I have found for automating a website or a process that includes multiple mouse clicks."
"It lets users add value with their time other than focusing on downloading Excel files, consolidating, and drawing up formulas. Since everything is structured, these easily are incorporated into the bot's work."
"The Bot Store is an online library where anybody can find variously developed, production-ready bots."
"It's a great product, timely support, and guidance."
"It has helped us a lot with our digitized work, and we have automated a lot of the bank's processes."
"Compared to before, when processing a document took around three hours, we now complete it in one to two minutes thanks to Automation Anywhere and the latest document automation technology, saving around two hours and 55 minutes per user, which is a significant saving."
"There is one user registration process in one application where there is no API which has been published by that framework. This is a very proprietary in one application by a third-party. So, there was a help desk, and whenever a call went to the help desk, they had a front-end where they created these user registrations. Now, this is completely automated for all employees who are onboarded. We receive the data, it is put it into Excel, and from Excel, it will update it into the particular tool where the registration happens."
"Our developers love it. It is fairly simple to use. Sometimes, we are able to even bring people on fairly quickly, like interns, and have them use the software. Then, we are able to see some real benefit out of it fairly quickly."
"Nanonets has positively impacted my organization by providing a solution that works for us as developers."
"The best features Nanonets offers include their workflow and OCR detection capabilities, which have positively impacted my organization by helping detect edge cases in OCR that require some post-processing or pre-processing and have improved efficiency and reduced errors."
"The accuracy percentage of Nanonets was around 92-93%, which has had a high impact because it has reduced approximately 9.2 FTEs in manual efforts."
"Within the cloud solution, there are multiple services that can be deployed on a particular cloud and you can interact with those servers at the same time."
"It's like a parallel application, where you can hit multiple services at the same time and you can get a response, and that's a big advantage here as it's a time-saving and cost-saving method."
 

Cons

"In Mexico, where our company is based, we face issues regarding obtaining new licenses, as this has to be done through a third-party company."
"The user interface should be enhanced to make things simpler for the user."
"I would like to be able to look at the steps that are completed as a process is running."
"We've struggled with some of the new features Automation Anywhere added in the latest version. For example, they added a new OpenAI package, but it took a while for me to find it in the actions menu."
"With Automation Anywhere, it took us a bit of time to stand it up initially. We tried to do it in a virtual environment, which caused us a bit of headache. It could have been smoother in this aspect."
"There is a small thing from a development point of view. There should be a static site box for finding any command if I am writing a code. If there are hundreds of functions, you can only scroll up and down to find one each one. There should be a site box where we can find the commands and easily use them."
"It's somewhat pricier than some of the other tools that we've used, and the breakout between the different applications is also somewhat costly."
"I am looking forward to seeing writing on Linux in the web and WorkBatch in the next release."
"I have observed that while training Nanonets, we must provide a larger number of examples or documents."
"I think Nanonets can be improved as the pricing seems to be a bit high, which is one of the things they should improve."
"Nanonets can be improved with a larger number of samples and test scenarios."
"It would be ideal if they could add support for rare services as well, to make it so that you can get a response both for SOAP and REST services."
"We do not see an ROI at this time."
 

Pricing and Cost Advice

"Considering the cost, it is a bit high, but worth the price because the output accuracy is high."
"Automation Anywhere is reasonably priced because it can sustain us for a long period."
"If you look at the capital expenditure, Automation Anywhere is number two to UiPath. But if you take a long-term view, on a scalable model of a large number of bots coming out, it slowly goes on to become the costliest tool. There is something they can do about that. The capital expenditure goes out right at the point of buying the tool. For Automation Anywhere, I would need to spend $20,000. UiPath can give me something for $6,000, while Blue Prism will come in at $300,000."
"It's cheapest among the competition, although bargaining is a must."
"We only deal in annual licenses. There are no pay-as-you-go licenses."
"It has good licensing costs which are average for the market."
"I find the license pricing to be competitive and reflective of the pricing models throughout the RPA space, and I believe there is a lot of value in continuing to maintain the free community edition platform."
"Regarding the price, licensing, and maintenance, Automation Anywhere provides its customers with its best and affordable value."
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Top Industries

By visitors reading reviews
Financial Services Firm
15%
Construction Company
12%
Manufacturing Company
11%
Outsourcing Company
10%
No data available
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business157
Midsize Enterprise81
Large Enterprise558
No data available
No data available
 

Questions from the Community

How good is Automation Anywhere for RPA processes?
It depends on your use case. Is it simply to automate a couple of processes? Is it to augment a human team? AA is ver...
How good is Automation Anywhere for RPA processes?
From my experience using AA tool, it depends on the applications that you want to automate, because there some applic...
How good is Automation Anywhere for RPA processes?
It is a highly preferred RPA tool. You can check my Automation Anywhere Review to know more.
What needs improvement with Nanonets?
Nanonets can be improved with a larger number of samples and test scenarios. I would suggest training Nanonets simila...
What is your primary use case for Nanonets?
I use Nanonets for OCR purposes, specifically for invoice conciliation. For invoice conciliation, I used Nanonets to ...
What advice do you have for others considering Nanonets?
Nanonets's AI capabilities are secure. Regarding Nanonets's accuracy and reliability of output, in my use case it was...
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Also Known As

Automation Anywhere, Testing Anywhere, Automation Anywhere Enterprise, Agentic Process Automation System (Now Certified for WorkSpaces)
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Interactive Demo

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Overview

 

Sample Customers

Google, Linkedin, Cisco, Juniper Networks, DellEMC, Comcast, Mastercard, Quest Diagnostics
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Find out what your peers are saying about Automation Anywhere, UiPath, ABBYY and others in Intelligent Document Processing (IDP). Updated: July 2026.
908,402 professionals have used our research since 2012.