Nanonets

What is Nanonets?

Nanonets is an AI platform that automates document processing and data extraction. It helps businesses convert unstructured data from various sources into actionable insights. The platform focuses on creating automated workflows to eliminate repetitive manual tasks. Users deploy it to drive end-to-end process automation across functions like finance and manufacturing.

Application scenarios

• Invoice processing: Automate data capture from invoices and receipts to reduce processing time.

• Accounts payable: Streamline AP workflows, including auto-reconciliation with ERP systems.

• Document approvals: Automate the review and approval process for business documents.

• Claim processing: Speed up reimbursement and insurance claim handling.

• Order processing: Optimize supply chains by automating purchase order matching.

• Insurance underwriting: Cut application processing time by auto-classifying and organizing documents.

• Data consolidation: Extract and unify information from emails, tickets, and databases into a single view.

Main features

• Multi-source ingestion: Upload files from email, cloud storage (Dropbox, Drive), support tickets, and other data sources.

• AI-powered data extraction: Accurately pull meaningful information from unstructured documents like invoices, receipts, and POs.

• No-code workflow automation: Build and automate complex manual business processes without coding.

• Learnable decision engines: Equip teams with tools to make faster, more informed decisions.

• System integration: Sync data directly with ERP systems, CRMs (Salesforce, HubSpot, Airtable), and Microsoft Dynamics.

• Collaboration tools: Review and approve documents directly from platforms like Slack or Email.

• Automated communication: Send automated emails to keep customers updated.

• Document classification: Auto-classify and organize various document types.

• Two-way/three-way matching: Automatically match documents against purchase requests.

• Centralized data view: Consolidate extracted data from multiple documents into a single dashboard.

Target users

The platform serves finance teams, accounts payable specialists, supply chain and manufacturing operations, insurance underwriters, and systems managers. It is trusted by leading enterprises seeking to reduce manual effort and integrate AI into existing business processes.

How to use Nanonets?

The process involves three core steps. First, ingest files from sources like email or cloud storage. Second, the AI understands and extracts data accurately from the documents. Finally, users can set up automated workflows for review, approval, and integration with other business systems. You can get started by booking a demo or using the free trial available on the official website.

Effect Review

User testimonials highlight significant, measurable impacts. Clients report an average 88.3% reduction in manual effort and a median 3.5x ROI over a six-month period. Specific cases cite cutting invoice processing costs by over 80% and reducing insurance application processing time by 95%. The platform is noted for its faster setup time compared to industry standards and its role in improving operational speed and employee satisfaction through faster reimbursements. These results position Nanonets as a tool for delivering rapid, tangible efficiency gains.