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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
6.8
Number of Reviews
668
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 (2nd), 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)
32nd
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of November 2026, in the Intelligent Document Processing (IDP) category, the mindshare of Automation Anywhere is 3.4%, up from 3.3% compared to the previous year. The mindshare of Nanonets is 1.5%, down from 1.9% compared to the previous year. The mindshare of Readabl.ai is 1.0%, up from 0.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Intelligent Document Processing (IDP) Mindshare Distribution
ProductMindshare (%)
Automation Anywhere3.4%
Nanonets1.5%
Readabl.ai1.0%
Other94.1%
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

"Our experience with technical support at Automation Anywhere has been great. They have been very helpful, especially during the PoC, processes which are sort of early on in their sales cycle, or when we were just starting with Automation Anywhere a couple of years ago. We got great support for getting it onboarded in-house and getting our team up to speed. So, we have found it to be a great partnership."
"With Automation Anywhere bots, we are able to cut down the manual efforts by 80% in generating Excel and Power BI reports, extracting and uploading files to various sites, and many other web-based administrative tasks."
"Without thinking twice, I would recommend going for Automation Anywhere."
"The training and resources for this tool are very good, they are so simple that anyone can easily learn it, and one of the tool values is its ease of use."
"If anyone is looking for an efficient automation tool, I definitely recommend Automation Anywhere because it is very helpful, even for non-technical people."
"I have been using Automation Anywhere for the past five years and it is one of the best tools to automate manual tasks."
"As a solution for process automation, it's been very easy for us to use, and I don't think that we could have done it with any other solution."
"It helps in improving employee productivity, morale, and retention, as automation removes the tedious parts of work and frees up often stretched-thin employees for more meaningful and creative work."
"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."
"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."
"Nanonets has positively impacted my organization by providing a solution that works for us as developers."
"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."
"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."
 

Cons

"For future prospects, this tool should 80 percent deal with neural networks, deep learning, and artificial intelligence and that has to be integrated a lot. As these are future skills, these integrations will help us take the tool to take to the next level."
"Room for improvement is more on the IQ Bot side: How quickly we can adopt and deploy it?"
"Their support also needs improvement."
"In the debugging mode, it writes all the logs to text files, but it doesn't ever clean them up."
"The enterprise version is expensive for small businesses and individual users, which can pose a challenge."
"Automation Anywhere needs to have more testing tools to improve the testing portion of the solution."
"Commands in Excel, Outlook, and Word automation are very limited and hence facing difficulties automating complex requirements for the above applications with V11 version."
"It is not able to use OCR effectively and has limited usability."
"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."
"I have observed that while training Nanonets, we must provide a larger number of examples or documents."
"We do not see an ROI at this time."
"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."
 

Pricing and Cost Advice

"The control room access gives the ability to create different roles, which helps when purchasing additional licensing."
"Time and monetary savings can range from 20 to 90 percent."
"Our annual licensing costs for the entire company are $100,000."
"In the Indian market, I feel that for mid-size companies, such as ourselves, that having multiple bots costs a lot. If Automation Anywhere wants to expand in the Indian market, they will need to look at their pricing."
"The current pricing for Automation Anywhere seems a little higher compared to competitors Power Automate or UiPath. Automation Anywhere is perceived as pricey due to the support model charges ranging from 20% to 30% based on the plans."
"While calculating the setup cost you should account for the server, virtual machines, product licenses, maintenance costs, and running costs."
"This is a comprehensive automation offering with a scalable architecture and flexible pricing models."
"The major reason that we selected Automation Anywhere was the licensing model."
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Top Industries

By visitors reading reviews
Outsourcing Company
14%
Comms Service Provider
12%
Financial Services Firm
11%
Manufacturing Company
11%
Construction Company
17%
Manufacturing Company
12%
Outsourcing Company
10%
Financial Services Firm
10%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business162
Midsize Enterprise86
Large Enterprise565
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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Comparisons

 

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: October 2026.
920,336 professionals have used our research since 2012.