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Pricing: Freemium
Verified: Yes
Rating: 4.2/5

Nanonets extracts structured data from invoices, receipts, and documents using no-code AI OCR with API integration and workflow automation.

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Data & Analytics

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Pricing

Nanonets provides $200 in processing credits at account signup with no platform fees or fixed monthly costs. Ongoing usage is billed per block execution within a workflow. Volume discounts are available for higher usage, and additional savings apply to annual usage commitments. Full pricing details and volume tiers are available by contacting the Nanonets sales team at nanonets.com.

PlanDetails
Free$200 in processing credits included at signup. No platform fees or fixed monthly seat costs.
Pay-per-useUsage-based billing per block execution within workflows. No fixed monthly platform fee.
VolumeVolume discounts for higher usage and additional discounts for annual usage commitments, available through the Nanonets sales team.

What is Nanonets?

Quick Summary

Nanonets is an AI-powered document processing platform that extracts structured data from invoices, receipts, contracts, identity documents, and other file types using optical character recognition and machine learning. It is designed for finance, procurement, HR, and legal teams that process large volumes of documents and need to reduce manual data entry. Users train custom extraction models through a visual no-code interface and connect outputs to downstream systems via API or workflow integrations.

Nanonets is a document AI platform that combines optical character recognition with machine learning to extract structured fields from a wide variety of document types, including invoices, bank statements, receipts, passports, contracts, and custom business formats. Users train extraction models by uploading sample documents through a visual interface, labeling the fields they want to capture, and allowing the system to generalize from those examples. Trained models then process incoming documents automatically, returning structured data in exportable formats or passing results through API and Zapier integrations to connected tools and systems. The platform supports documents in more than 100 languages. Nanonets is used by accounts payable teams automating invoice processing, HR departments extracting fields from onboarding and compliance documents, procurement teams parsing supplier contracts, and compliance workflows where identity document data needs to be captured systematically. Integration with accounting platforms, ERP systems, and approval tools allows extracted data to move downstream without manual re-entry. Find related tools. Teams processing high volumes of recurring document types benefit most, where the upfront model training effort pays off across repeated processing runs at scale. Nanonets uses a usage-based pricing model with no fixed platform fees. New accounts receive $200 in processing credits at signup, which can be applied across any document workflow. Costs accrue per block execution within a workflow, so teams pay only for processing they actually use rather than a fixed monthly seat. Volume discounts are available for higher usage levels, and further savings apply to annual usage commitments, both of which can be arranged through the sales team. A key limitation is that training reliable custom models for unusual document layouts or predominantly handwritten content requires a larger and more representative set of sample documents, which may take additional time to assemble Try this alternative.

Associated Tags

ai document ocr, invoice data extraction, no-code document ai, automated data capture, kyc document processing

Key Features

No-code custom extraction model training
OCR and ML-based structured field extraction
Support for 200+ document types
API and Zapier workflow integrations
Multi-language document processing in 100+ languages
Structured data export in multiple formats
SOC2 and GDPR compliance

Real Use Cases

How professionals leverage Nanonets – AI Document Data Extraction and OCR Automation Platform

Nanonets – AI Document Data Extraction and OCR Automation Platform use cases
  • An accounts payable team uses Nanonets to automatically extract vendor name, invoice number, line items, and totals from incoming invoices, routing the structured data to their ERP for approval without manual entry.
  • A financial services compliance team uses Nanonets to process identity documents during KYC onboarding, extracting name, date of birth, and document number fields for downstream verification workflows.
  • An HR department uses Nanonets to capture fields from employee onboarding paperwork and contracts, automatically populating their HR management system without manual transcription.
  • A procurement team processes supplier contracts at volume using Nanonets, extracting key terms, dates, and obligation fields to populate a centralized contract management database.
  • An insurance company integrates Nanonets into their claims processing pipeline to extract structured data from claims documents and receipts, reducing manual review time for adjusters.

Editor's Verdict

Official Review
Nanonets is a well-structured document AI platform that makes custom OCR and data extraction accessible to non-technical teams through a no-code training interface, usage-based pricing with free credits at signup, and broad integration support. Teams working with non-standard or handwritten document formats should plan for additional model training time to achieve consistent extraction accuracy.
4.2 / 5.0
Editor Rating

Reviewed by Sohail Akhtar

Lead Editor & Founder

Pros

What we like

  • The $200 in free credits at signup and usage-based pricing with no platform fees allow teams to validate the platform against real documents before committing to higher usage volumes.
  • No-code model training from sample documents makes custom field extraction accessible to operations and finance teams without requiring machine learning or engineering expertise.
  • Support for 200+ document types and 100+ languages, combined with API and Zapier integrations, allows Nanonets to fit into a broad range of enterprise document workflows without custom development.

Cons

Limitations

  • Training reliable custom models for non-standard or primarily handwritten document formats requires a larger representative set of sample documents, which may add time to initial deployment for less common document types.
  • Actual per-use costs can be difficult to forecast precisely for new workflows without usage history, requiring teams to monitor consumption carefully during the initial deployment period.

Target Audience

Who should use Nanonets?

Finance and accounts payable teams processing recurring invoices and expense documents at volumeHR and legal teams automating data extraction from contracts, ID documents, and compliance paperworkProcurement and operations teams who need structured data from supplier documents integrated into existing systemsOrganizations in regulated industries requiring compliant document processing with SOC2 and GDPR standardsDevelopers building document automation workflows who need a trainable extraction API without managing ML infrastructure
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Frequently Asked Questions

What is Nanonets?
Nanonets is an AI document processing platform that uses OCR and machine learning to extract structured data from invoices, receipts, contracts, and other document types.
How does Nanonets pricing work?
Nanonets provides $200 in processing credits at signup with no platform fees. Ongoing usage is billed per block execution in a workflow, with volume and annual commitment discounts available.
Does Nanonets require coding to set up?
No. Nanonets uses a visual no-code interface where users upload sample documents and label fields to train custom extraction models.
What document types does Nanonets support?
Nanonets supports over 200 document types including invoices, receipts, bank statements, passports, and contracts in more than 100 languages.
Is Nanonets compliant with data security standards?
Yes. Nanonets is SOC2 and GDPR compliant, making it applicable for regulated industries with documented data handling requirements.
Who should use Nanonets?
Nanonets is suited for finance, procurement, HR, legal, and compliance teams that process high volumes of documents and want to automate data extraction without building custom ML infrastructure.