What is Nanonets AI ?
Nanonets is an AI-powered document processing platform designed to automate data extraction and streamline workflows across various industries. Utilizing advanced Optical Character Recognition (OCR) and deep learning models, Nanonets efficiently converts unstructured documents—such as invoices, receipts, purchase orders, contracts, and claims—into structured, actionable data. The platform’s no-code interface allows businesses to create custom workflows, reducing manual effort by up to 90% and delivering significant cost savings. With seamless integration capabilities via APIs, Nanonets supports a wide range of file formats and languages, making it a versatile solution for enterprises aiming to enhance operational efficiency and accuracy.
Feature Table
| Feature | Details |
|---|---|
| Name | Nanonets |
| Primary Use Case | AI-powered document processing and data extraction |
| AI-Powered Data Extraction | Uses OCR and deep learning to extract data from invoices, receipts, contracts, and forms |
| Multi-Language Support | Supports over 100 languages including English, Arabic, French, Chinese, and Spanish |
| Custom Workflows | Build custom automation flows for AP, approvals, reconciliations, etc. |
| Document Classification | Automatically classifies documents by type, vendor, category |
| Table Detection | Extracts structured data from tables within documents |
| Integration Capabilities | Connects with Dropbox, Google Drive, Outlook, ERP systems (e.g., Microsoft Dynamics) |
| API Access | Offers API for developers to integrate Nanonets into custom tools or enterprise systems |
| Security | Enterprise-grade security including SOC 2 compliance and encryption at rest and in transit |
Who Should Use Nanonets?
Accounting Teams automating invoice and receipt data entry
Operations Managers needing faster document processing
Enterprises with high document volumes needing scalability
Multinational Businesses requiring language support
Developers building custom automation workflows with APIs
Compliance Departments extracting contract and policy data
How to Use Nanonets (Step-by-Step)
Sign Up on the Nanonets platform at nanonets.com.
Upload Documents such as PDFs, scanned files, or emails.
Choose a Pre-Built Model (Invoice, ID card, Receipt) or Create a Custom Model.
Train the AI Model by annotating a few sample documents.
Configure Workflows – set rules for approval, classification, routing, etc.
Integrate with Tools like Google Drive, Zapier, Microsoft Dynamics, or via API.
Review & Export Data to your ERP, Excel, or internal systems.
Pricing Plans
| Plan | Price | Features |
|---|---|---|
| Pay-As-You-Go | $0.30 per page | Best for low to medium usage; access all features; no monthly commitment |
| Enterprise Plan | Custom Pricing | Includes API access, high-volume processing, SLA support, onboarding |
| Free Trial | Free | Limited pages to test features and workflows |
Free vs Paid Comparison
| Feature | Free Trial | Pay-As-You-Go | Enterprise |
|---|---|---|---|
| Document Upload Limit | Limited pages | No monthly limit | Unlimited based on contract |
| AI Training / Custom Models | Limited | Full Access | Full Access |
| API Access | No | Yes | Yes |
| Integrations | Limited | Full | Full |
| SLA Support | No | No | Yes |
Capabilities (Not Benefits)
OCR-based unstructured document scanning
Custom model training and annotation
Multi-format document compatibility (PDF, image, scan, email)
Integration with enterprise systems (via REST API)
Bulk data processing and batch uploads
Real-time classification and auto-routing
Evolution Timeline
| Year | Milestone |
|---|---|
| 2017 | Nanonets founded with focus on AI model training |
| 2019 | Launched invoice and receipt extraction tools |
| 2021 | Introduced table detection and document classification |
| 2022 | Rolled out multi-language OCR and workflow automation features |
| 2023 | Released integration with ERP systems and enterprise-level API |
| 2024 | SOC 2 compliance and advanced security protocols added |
| 2025 | Enhanced support for real-time approvals and email-to-automation workflows |
Pros and Cons
| Pros | Cons |
|---|---|
| AI-driven automation minimizes manual data entry | Pay-per-page pricing may be expensive for large volumes |
| Supports over 100 languages | Enterprise pricing is not publicly available |
| Custom workflows for multiple use cases | Requires some technical knowledge for API integrations |
| Seamless integrations with cloud, ERP, and email platforms | Learning curve for advanced automation settings |
| Highly scalable and secure (SOC 2 compliant) | Free trial has limited document volume |
Summary for Target Users
✅ Ideal for accounts payable automation
✅ Suitable for large-scale document management
✅ Excellent for multinational document processing
✅ Great for teams needing real-time OCR
✅ Perfect for tech teams wanting API control
Official Resources
Conclusion
Nanonets stands out as a powerful AI document automation platform that transforms how businesses handle unstructured data. With industry-grade OCR, multilingual processing, and customizable workflows, it’s a smart choice for enterprises aiming to boost efficiency and accuracy. Though the pay-per-page pricing model might deter high-volume users, its real-time automation, API integration, and scalability make it a top-tier solution for modern businesses seeking intelligent document processing.