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Nanonets

Nanonets extracts and processes unstructured data using AI, ensuring compliance with GDPR, SOC 2, and HIPAA.
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Nanonets

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:

  1. Ingest Data: Upload files or data from various sources like emails, cloud storage services, and support tickets.

  2. Understand Data: Utilize advanced AI extractors to accurately extract data without relying on predefined templates.

  3. Take Action: Use decision engines to flag, review, validate files, or enhance extracted/missing data.

  4. 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

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.
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.
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.
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.
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.

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