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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
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Ranking in Intelligent Document Processing (IDP)
1st
Average Rating
8.4
Reviews Sentiment
6.9
Number of Reviews
661
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)
34th
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of September 2026, in the Intelligent Document Processing (IDP) category, the mindshare of Automation Anywhere is 3.4%, down from 3.4% compared to the previous year. The mindshare of Nanonets is 1.6%, 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%
Nanonets1.6%
Readabl.ai1.0%
Other94.0%
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

"Automation Anywhere is a very good tool because it helps you along the process."
"One good thing in A2019 is that all products of Automation Anywhere, like IQBOT services, Meta Bot Designer, Discovery Bot, and Control room are all together in one product which is very effective for any business team."
"Automation Anywhere is an easy application to learn."
"In my day-to-day applications, I can integrate Automation Copilot easily as I can embed it within Workday, BambooHR, and Salesforce, allowing business users easy access to Automation Anywhere without logging into multiple applications, thus saving 85 to 90% of the time."
"Other products are more low-code, whereas Automation Anywhere is no-code making it easier to learn and user-friendly."
"It is easy to use and very scalable."
"It's a great product, timely support, and guidance."
"If you are looking for a fast solution using minimal resources not requiring an advanced programming skill set this is your product."
"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."
"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

"Automation Anywhere is one of the least stable RPA tools out of the top five RPA solutions."
"Sometimes, I find that Excel automation is not as expected. Excel automation can be enhanced."
"The Automation Anywhere calibrating needs to be more user-friendly to avoid human error."
"I would like to see more bots available right out-of-the-box in the SAP area. For example, if you take the overall OTC in our organization, we have to contact 15 teams. Even if we provide one big bot for the OTC, it won't work. It will not be used by one person. So if there could be more specific bots out-of-the-box, that would be really helpful."
"New versions keep coming up. The challenge for us is to have the downtime to do the migrations."
"Better use case management to prevent each development from scratch would be an improvement."
"I would like to see more complex use cases coming out for our industry."
"When we need to upgrade the bot version for various applications like SAP, the compatibility issues could be easier to resolve. The financial team is using version 5 or 6, but the automation engineer recommends only version 6 because it is more compatible. I think Automation Anywhere could handle these compatibility issues better."
"Nanonets can be improved with a larger number of samples and test scenarios."
"I think Nanonets can be improved as the pricing seems to be a bit high, which is one of the things they should improve."
"I have observed that while training Nanonets, we must provide a larger number of examples or documents."
"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

"Our annual licensing costs are about $500,000."
"It is affordable for us."
"There is an annual license to use the solution."
"I don't deal have cost specifics but I can say it is a tool that provides value for the money."
"We have saved customers 400% in terms of time saved by implementing this product."
"Initially, they charged a premium, but now the rest of the vendors have increased their overall pricing and Automation Anywhere is not that high at this time. It's pretty viable."
"Its cost is good."
"Annually, we are paying almost one million reais."
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Top Industries

By visitors reading reviews
Outsourcing Company
15%
Financial Services Firm
12%
Comms Service Provider
10%
Manufacturing Company
10%
Construction Company
17%
Financial Services Firm
11%
Outsourcing Company
11%
Manufacturing Company
8%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business161
Midsize Enterprise82
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: August 2026.
913,683 professionals have used our research since 2012.