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IQ Bot [EOL] pros and cons

Vendor: Automation Anywhere

3.8 out of 5

51 reviews
88% willing to recommend

Pros & Cons summary

IQ Bot [EOL] extracts data from PDFs with AI technology but is expensive, often over company budgets compared to Azure and AWS. It automates data migration and offers cognitive abilities, yet lacks customization and integration enhancements. Accuracy issues arise with OCR on complex documents, and installation is slow. Rapid development and Python scripting are strengths, but automation of unstructured documents and manual data correction requires improvement for tech buyers.

Buyer's Guide

Get pricing advice, tips, use cases and valuable features from real users of this product.

Prominent pros & cons

PROS

IQ Bot [EOL] excels in data extraction, especially from PDFs and images, utilizing advanced OCR capabilities and AI models.

The cognitive self-learning component of IQ Bot [EOL] effectively adapts to interface changes and learns from undefined templates.

IQ Bot [EOL] offers robust integration with various databases and has a flexible deployment setup, allowing custom connections and modifications with programming languages like Python.

IQ Bot [EOL]'s character recognition is highly valued, allowing automation of tasks such as extracting vendor invoices and sorting data types efficiently.

The ability to handle a variety of structured documents and formats, including legacy and mainframe systems, highlights the versatility and stability of IQ Bot [EOL].

CONS

IQ Bot [EOL] pricing is too high, making it unaffordable for many companies.

Improving the OCR accuracy is essential as current levels are unsatisfactory, especially for handwritten documents.

Integration issues exist with conventional task automation and IQ Bot [EOL], particularly in older versions.

Migrating to new versions requires improved automation as current processes impact task completion.

IQ Bot [EOL] struggles with unstructured or complex documents, often requiring manual adjustments and validations.

IQ Bot [EOL] Pros review quotes

VP at a manufacturing company with 5,001-10,000 employees

Dec 30, 2019

The most valuable feature is the intelligence it has with the ability to read the customer sales order and convert it into our own, despite minor changes in format.

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Sr. Software Engineer at Saggezza

Jan 29, 2020

The most valuable feature is the cognitive ability, as it will learn an interface that it is not familiar with and perform in the way that a human does.

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reviewer1242057

Technical Architect at a computer software company with 10,001+ employees

Feb 20, 2020

The efficiency with which it was able to categorize the different data types and the format.

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Learn what your peers think about IQ Bot [EOL]. Get advice and tips from experienced pros sharing their opinions. Updated: December 2025.

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SI

Syed Mohsin Iftikhar

Senior Software Engineer at Systems Limited

May 10, 2020

The most valuable feature is the cognitive, self-learning component that understands the undefined templates.

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reviewer1270197

RPA Developer at a retailer with 5,001-10,000 employees

Jun 8, 2020

The character recognition feature is very good.

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AC

AbhishekChatterjee

Lead Consultant - Automation at ITC Infotech

Jun 25, 2020

I would say that the best feature is that it has native automation for the US.

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reviewer1431747

Manager Carrier Operations at a logistics company with 501-1,000 employees

Oct 13, 2020

The ease that it provides in extracting vendor invoices, without having to configure them, was the reason for which we had gone with a solution.

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RC

RPA Architect at a wholesaler/distributor with 10,001+ employees

Oct 21, 2020

The flexibility to deploy based on the different types is the most valuable. We can deploy pieces of the program directly over the fields. We can also directly connect with databases. We can modify it and make different connections with the database. We are also able to programmably modify the fields and change the presentation and values or evaluate a list of values. We can change the values on the fly. It is very flexible and very easy to use and learn. It is also very simple.

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HG

Chief Technology Officer at a consultancy with 11-50 employees

Oct 26, 2020

The way that the learning combines with the OCR is the solution's most valuable aspect.

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reviewer1390167

Software Architect at a tech services company with 5,001-10,000 employees

Nov 19, 2020

The detection or extraction of data from the images in PDFs is the feature that I use the most. It is a good solution in terms of how easily you can administer or manage this tool. It is quite easy to use, and it is powerful in terms of what it can do.

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IQ Bot [EOL] Cons review quotes

VP at a manufacturing company with 5,001-10,000 employees

Dec 30, 2019

Better customization in terms of mapping would be an improvement.

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Sr. Software Engineer at Saggezza

Jan 29, 2020

The price of IQ Bot, packaged with Automation Anywhere, is too expensive for some companies and they will not use it.

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reviewer1242057

Technical Architect at a computer software company with 10,001+ employees

Feb 20, 2020

It's not intuitive from a user standpoint.

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Free Report: IQ Bot [EOL] Reviews and More

Learn what your peers think about IQ Bot [EOL]. Get advice and tips from experienced pros sharing their opinions. Updated: December 2025.

879,310 professionals have used our research since 2012.

SI

Syed Mohsin Iftikhar

Senior Software Engineer at Systems Limited

May 10, 2020

It would be helpful if the IQ Bot OCR could be integrated with third-party solutions like FlexiCapture.

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reviewer1270197

RPA Developer at a retailer with 5,001-10,000 employees

Jun 8, 2020

Product algorithms could be improved.

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AC

AbhishekChatterjee

Lead Consultant - Automation at ITC Infotech

Jun 25, 2020

The first place it could be improved is its price - it is too high. I'm having a lot of difficulty moving it to the customers.

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reviewer1431747

Manager Carrier Operations at a logistics company with 501-1,000 employees

Oct 13, 2020

It was challenging to have to do the pre-processing and tax inputting on our own.

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RC

RPA Architect at a wholesaler/distributor with 10,001+ employees

Oct 21, 2020

The way this solution creates invoices can be improved. It is slow. Sometimes, it is also very complicated because you need to apply some kind of filters and effects over the images, which makes it a little bit complicated. They can reduce the complexity to manage the fields or incorporate other features. They can provide an easy way for developers to customize and program fields. The accuracy of the OCR engine can be improved. It would be great if they can also provide an ICR engine and an option to choose between OCR or ICR.

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HG

Chief Technology Officer at a consultancy with 11-50 employees

Oct 26, 2020

It would be helpful if the solution was better at reading handwriting. It needs better handwriting recognition.

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reviewer1390167

Software Architect at a tech services company with 5,001-10,000 employees

Nov 19, 2020

I've used versions 11 and 2019 of this solution. The problem with version 11 is integration. When you are using a conventional bot and you try to use IQ Bot development, you don't have a specific feature for integrating these two pieces or components of Automation Anywhere. I was seeing some issues while trying to, for example, send some PDF to an IQ Bot processor and get a response for that process. So, there is a problem with integrating the conventional task automation and IQ Bot in version 11. In contrast, version 2019 already has the integration feature, and we can easily integrate two components. There are some features that must be there in version 11 but are currently missing. There is no total control over some features in IQ Bot. Some variables cannot be parametrized when using IQ Bot directly. The AI features that IQ Bot has must be more open to being parameterized by the user. It would be good if Automation Anywhere exposed some parameters so that I can adjust them as a customer. This is an improvement that Automation Anywhere can do. I would like to see some features related to deep learning in the next releases of IQ Bot. These will be some interesting features to see.

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Product Categories

Product Categories

Intelligent Document Processing (IDP)

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Product Categories

Product Categories

Intelligent Document Processing (IDP)

Popular Comparisons

Popular Comparisons

ABBYY Vantage vs IQ Bot [EOL]

UiPath IXP vs IQ Bot [EOL]

HyperScience vs IQ Bot [EOL]

IBM Datacap vs IQ Bot [EOL]

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