Nanonets

Nanonets: AI-Powered Intelligent Document Processing & Workflow Automation

What is Nanonets? Nanonets is an AI-powered platform designed to automate document processing and data extraction workflows. It helps businesses uncover valuable insights from any document and automate repetitive tasks, significantly reducing manual effort and improving efficiency.

How does Nanonets work? Nanonets uses advanced AI extractors that don’t rely on predefined templates. The platform ingests data from various sources like emails, cloud storage, and support tickets. It accurately extracts data, allows users to validate and enhance missing data, and exports the structured data directly into CRMs, WMS, or databases.

Key Features and Benefits:

• AI-Powered Data Extraction: Accurately extract meaningful information from unstructured data, including invoices, receipts, POs, and more.
• Workflow Automation: Automate complex business processes with a no-code platform and learnable decision engines.
• Integration with Existing Systems: Seamlessly integrate with CRMs like Salesforce, HubSpot, Airtable, and ERP systems.
• Error-Free Input, Exceptional Output: From document to decision, automated processes ensure high accuracy and consistency.
• Time and Cost Savings: Reduce manual effort by an average of 88.3% and achieve a median ROI of 3.5x over a 6-month payback period.
• Data Security and Compliance: Nanonets prioritizes data security and adheres to stringent compliance standards like GDPR, SOC 2, and HIPAA.

Use Cases:

• Finance: Automate accounts payable and reduce invoice processing time by 5x. Capture data from invoices, receipts, and POs, and auto-reconcile transactions with your ERP.
• Manufacturing: Optimize supply chain with 50% faster order processing. Automate 2-way/3-way matching against Purchase Requests and predict future demand.
• Insurance: Improve insurance underwriting efficiency by cutting application processing time by 95%. Auto-classify and organize documents and consolidate data across documents in a single view.

How to Automate with Nanonets:

1. Ingest: Upload files from emails, cloud storage, support tickets, or any data source.
2. Understand: Extract data accurately with AI extractors that don’t rely on predefined templates.
3. Take Action: Leverage decision engines to flag, review, validate files, or enhance extracted data.
4. Export: Push structured data into your CRM, WMS, or database directly, or export as XLS, CSV, or XML.

Customer Success Stories:

• PayGround: Improved customer experience by making it easy to pay bills.
• ProPartners Wealth: Achieved a >95% accuracy, cutting down processing time by ~50%.
• SaltPay: Automated a crucial part of their Accounts Payable process with direct integration with SAP.
• Tapi: Saved 70% on invoicing costs and improved customer experience.

Pricing:

Contact Nanonets for pricing information and to discuss your specific automation needs. They offer a free consultation and demo to help you get started.

Why is Nanonets important?

Nanonets is important because it addresses the critical need for efficient document processing and data extraction in today's data-driven business environment. By automating these tasks, businesses can:

• Reduce operational costs
• Improve accuracy and reduce errors
• Increase employee productivity
• Make faster and more informed decisions
• Enhance customer experience

Conclusion:

Nanonets is a powerful AI-driven solution that empowers businesses to automate document processing and data extraction workflows, leading to significant improvements in efficiency, accuracy, and cost savings. With its advanced AI technology, seamless integration capabilities, and proven track record of customer success, Nanonets is a valuable asset for any organization looking to streamline its operations and unlock the full potential of its data.

What is Nanonets? Nanonets is an AI-powered platform designed to automate document processing and data extraction workflows, enabling businesses to streamline operations and enhance efficiency.

How does Nanonets work? Nanonets leverages advanced AI extractors that don't rely on predefined templates. It ingests data from various sources, accurately extracts information, allows for validation, and exports structured data to CRMs, WMS, or databases.

Best way to automate document processing? The best way to automate document processing is by using AI-powered platforms like Nanonets, which offer advanced data extraction, workflow automation, and seamless integration with existing systems. This approach reduces manual effort, improves accuracy, and enhances overall efficiency.