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Top Rossum Alternatives for Document Processing in 2024
Looking for the best Rossum alternative for document processing? This guide compares top solutions like Nanonets, Hyperscience, and Amazon Textract, using a scoring methodology.
In this article, we’ll explore the top alternatives to Rossum, offering an unbiased look at their strengths to help you identify the right Intelligent Document Processing (IDP) solution for your company's document processing needs.
You might be exploring alternatives to Rossum if you’re looking for:
2. Support for a specific language
3. Uncommon or complex integration
4. Customized features
5. An affordable tool
6. Strong customer support
Whether you’re looking for better flexibility, affordability, or tailored features, our aim is to help you make an informed decision. Let’s dive in!
Comparative table: Top 9 Rossum alternatives
| Sr No. | Product | Main feature | G2 rating | Free trial | Pricing | Total score* |
|---|---|---|---|---|---|---|
| 1 | Rossum | Cloud-based AI platform for data extraction | 4.4/5 | No | Custom pricing | 43.8 |
| 2 | Nanonets | 98% data accuracy with AI and highly customizable workflows | 4.8/5 | Yes | Pay-as-you-go, First 500 pages free | 46.5 |
| 3 | Hyperscience | Human-in-the-loop for processing complex workflows | 4.6/5 | No | Custom pricing | 46.3 |
| 4 | Veryfi | Real-time expense tracking with built-in OCR | 4.6/5 | Yes | Starts at $500+/month | 45.5 |
| 5 | Mindee | Developer-friendly API for document parsing and OCR | 4.5/5 | Yes | Pay-as-you-go | 45.3 |
| 6 | ABBYY | OCR and NLP for PDFs | 4.1/5 | No | Custom pricing | 44.3 |
| 7 | Docparser | Rule-based data extraction from documents | 4.6/5 | Yes | Starts at $39/month | 44.0 |
| 8 | Amazon Textract | Document processing for AWS integration | 4.4/5 | No | Pay-as-you-go | 43.4 |
| 9 | Ocrolus | AI-powered processing with fraud detection | 4.6/5 | No | Custom pricing | 43.2 |
| 10 | Tungsten Automation | Enterprise-level AI-powered document automation | 4.2/5 | Yes | Custom pricing | 43.0 |
(*Refer to scoring methodology at the bottom)
Nanonets
Nanonets is an AI-powered document processing and workflow automation platform that is designed to simplify data extraction and improve business processes.
Trusted by 35% of Fortune 500 companies, Nanonets offers unmatched control and 95%+ accuracy in managing complex document workflows and is recognized for its adaptability and user-friendly interface.
With easy integration into ERP, CRM, and database systems, Nanonets enables companies to reduce manual effort, automate repetitive tasks, and improve overall efficiency.
Why choose Nanonets over others?
Nanonets is an ideal choice for businesses that require:
- High accuracy for complex documents: Excels in extracting line items and handling complex tabular data.
- Customizable workflows: Offers no-code workflow customization and the ability to retrain models for specific needs.
- Rule-based approvals: Enables workflows with mandatory or optional human validations to ensure accuracy.
- Pre-built extractors: Provides specialized tools for documents like invoices, receipts, purchase orders, bank statements, and more.
- Seamless integrations: Connects with major accounting and ERP systems like Quickbooks, Xero, NetSuite, and Sage.
- Transparent pricing: Flexible plans with no hidden charges, tailored to suit businesses of all sizes.
- Personalized support: Offers feature customizations and dedicated assistance for every customer.
How does Nanonets compare to Rossum?
| Parameter | Nanonets | Rossum |
|---|---|---|
| Ease of Use | 9.3 | 8.5 |
| Ease of Setup | 9.1 | 8.0 |
| Quality of Support | 9.4 | 9.2 |
| Meets Requirements | 9.1 | 8.3 |
| Product Direction (% positive) | 9.6 | 9.8 |
Is Nanonets right for you?
Nanonets is best suited for mid-to-large-sized companies in the logistics, finance, insurance, and retail industries. It’s the perfect choice for organizations that are looking for secure, high-accuracy document processing.
It excels at automating complex document workflows with highly customizable, user-friendly AI models that require minimal technical setup.
Pricing overview
Nanonets offers flexible pay-as-you-go pricing to accommodate different business needs:
- Starter plan: Free for the first 500 documents, then $0.30 per page.
- Pro plan: Custom pricing tailored for teams needing automation and advanced features like line item extraction.
- Enterprise plan: Custom pricing with dedicated account management, integrations, and personalized solutions.
For more details, visit the Nanonets Pricing Page.
