Nanonets
4.29
0
Nanonets extracts and processes unstructured data using AI, ensuring compliance with GDPR, SOC 2, and HIPAA.
What is Nanonets?
Nanonets is a platform that prioritizes data security and confidentiality, complying with GDPR, SOC 2, and HIPAA standards. It offers automation solutions powered by AI to extract valuable information from unstructured data across multiple sources and automate complex business processes. Nanonets aims to make Machine Learning as ubiquitous as databases and provides a no-code platform for end-to-end process automation. Customers have reported increased accuracy and significant time savings with Nanonets' services.
Who created Nanonets?
Nanonets was created by Dennis Elder, who serves as the Director of Product at PayGround. The company aims to make Machine Learning as common as databases and envisions a future where all companies are ML-powered through their platform. Nanonets has received positive feedback from users and high ratings on platforms like Capterra and G2. It prioritizes data security and compliance with standards such as GDPR, SOC 2, and HIPAA.
What is Nanonets used for?
- Automate Accounts Payable and support 100,000 new vendors in under a month
- Optimise Supply Chain with 30% faster order processing and scale revenue per month
- Revolutionise Healthcare Efficiency: Cut summary report creation time by 95%
- Securely organise patients’ medical data from Scans, Blood Reports, Medication history, and patient management systems
- Extract meaningful information from unstructured data
- Automate any complex business processes with AI
- Delight customers with blazing-fast delivery times and boost customer retention
- Scale transactions while keeping processing costs in check
- Improve vendor relationships with timely updates
- See measurable ROI in weeks, not months
Who is Nanonets for?
- Finance professionals
- Manufacturing Professionals
- Healthcare professionals
- Financial advisor
- Accounts Payable
- Director of Product
How to use Nanonets?
To use Nanonets, follow these steps:
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Ingest Data: Upload files or data from various sources like emails, cloud storage services, and support tickets.
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Understand Data: Utilize advanced AI extractors to accurately extract data without relying on predefined templates.
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Take Action: Use decision engines to flag, review, validate files, or enhance extracted/missing data.
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Export Data: Push structured data directly into your CRM, WMS, or database, or export it in formats like XLS, CSV, or XML.
Nanonets is valued for its high accuracy (>95%), helping cut processing time significantly, as attested by its users and ratings on platforms like Capterra and G2 Crowd. It is GDPR, SOC 2, and HIPAA compliant, ensuring data security and integrity. Embrace the platform to automate complex business processes with its no-code platform, enabling faster and informed decision-making. Start your journey with Nanonets today for measurable ROI and efficiency gains in just weeks.
Pros
- Automation of complex business processes with AI
- Advanced AI extractors for accurate data extraction without predefined templates
- Integration with various data sources like emails, cloud storage services, and support tickets
- High accuracy (>95%) leading to a significant reduction in processing time
- Support for structured data export into CRM, WMS, or databases in multiple formats (XLS, CSV, XML)
- Measurable ROI in weeks (3.5x median ROI over a 6-month payback period)
- Significant reduction in manual effort (88.3% average reduction)
- Faster setup time than industry standards (2-3x faster)
- Positive feedback from customers about improved app functionality
- High ratings on review platforms like Capterra, G2 Crowd, and GetApp
- Compliance with data security standards (GDPR, SOC 2, HIPAA)
- Easy to use no-code platform for automating workflows
- No hidden charges, free trial with the option to cancel anytime
- Ability to handle large volumes of data efficiently
- Facilitates workflow automation across various industries like finance, manufacturing, and healthcare
Cons
- No specific cons or missing features were mentioned in the provided documents for Nanonets.
Nanonets FAQs
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How can Nanonets help automate Accounts Payable?
- Nanonets can automate Accounts Payable by supporting 100,000 new vendors in under a month, collecting invoices from emails and purchase orders, eliminating the need to chase approvers, tracking progress in one place, and improving vendor relationships with timely updates while keeping processing costs in check.
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In what way can Nanonets optimize Supply Chain in manufacturing?
- Nanonets can optimize Supply Chain in manufacturing by collecting historical data across SAP, Square, and Tableau, thereby improving production optimization, inventory management, accurate demand prediction, faster delivery times, and boosting customer retention.
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How does Nanonets revolutionize Healthcare Efficiency?
- Nanonets revolutionizes Healthcare Efficiency by cutting summary report creation time by 95%, securely organizing patients' medical data from various sources, keeping patients updated, and reducing operational overhead off healthcare professionals.
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What are the key steps in the automated workflow process with Nanonets?
- The key steps in the automated workflow process with Nanonets include: 1) Ingest: Upload files or data from various sources, 2) Understand: Extract data accurately with advanced AI extractors, 3) Take Action: Leverage decision engines to flag, review, validate files, or enhance extracted/missing data, and 4) Export: Push structured data into CRM, WMS, or database directly.
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How does Nanonets ensure data security and compliance?
- Nanonets ensures data security and compliance by adhering to stringent standards including GDPR, SOC 2, and HIPAA, prioritizing confidentiality and integrity of data.
Get started with Nanonets
Nanonets reviews
Arjun Mehta
December 6, 2024
What do you like most about using Nanonets?
I appreciate how Nanonets automates the extraction of unstructured data. The no-code platform is particularly user-friendly, which allows me to set up processes without needing extensive coding knowledge.
What do you dislike most about using Nanonets?
The initial learning curve can be a bit steep, especially when dealing with complex data sets. Sometimes, the documentation doesn't cover all edge cases.
What problems does Nanonets help you solve, and how does this benefit you?
Nanonets helps me automate tedious data entry tasks, significantly reducing my workload. This allows my team to focus on strategic initiatives rather than getting bogged down in data management.
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Sofia Khan
December 27, 2024
What do you like most about using Nanonets?
The compliance features are fantastic. Knowing that Nanonets adheres to GDPR and HIPAA gives me peace of mind when handling sensitive data.
What do you dislike most about using Nanonets?
I do wish there were more templates available for different industries. It would save time on initial setup.
What problems does Nanonets help you solve, and how does this benefit you?
It helps me efficiently process and extract data from invoices and contracts, which used to take hours. Now, I can complete these tasks in minutes, enhancing my team's productivity.
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Liam O'Sullivan
December 11, 2024
What do you like most about using Nanonets?
The AI capabilities are impressive, especially how it learns and improves over time with more data.
What do you dislike most about using Nanonets?
The pricing model feels a bit steep for smaller companies. It can be challenging to justify the expense.
What problems does Nanonets help you solve, and how does this benefit you?
Nanonets helps streamline our data extraction process, reducing errors. However, I feel the tool could be more cost-effective for smaller teams.
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