ABBYY Vantage™ is a next-gen Intelligent Document Processing platform (IDP) designed for digital workforces. ABBYY Vantage™ uses artificial-intelligence-based technologies to process structured, semi-structured, and unstructured documents. ABBYY's award-winning IDP platform (Vantage™) automatically captures, extracts, and classifies the information contained within business documents, turning it into actionable data to fuel other business systems and accelerate digital transformation.
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ABBYY Vantage is the #1 ranked solution in top Intelligent Document Processing (IDP) solutions and #9 ranked solution in best RPA tools. PeerSpot users give ABBYY Vantage an average rating of 8.0 out of 10. ABBYY Vantage is most commonly compared to UiPath:
ABBYY Vantage vs UiPath. ABBYY Vantage is popular among the large enterprise segment,
accounting for 70% of users researching this solution on PeerSpot. The top industry researching this solution are professionals from a
computer software company, accounting for 16% of all views.
Solution Architect at a manufacturing company with 10,001+ employees
Mar 9, 2023
One major area that requires improvement in ABBYY Vantage is its current JSON output format. We expect an upgrade from ABBYY that will offer XML or CSV formats. In FlexiCapture, we can download the output in a CSV format. In Vantage, we receive the output in JSON format. Then, we need to extract the JSON output and use various APIs to convert it to an Excel format, which can be troublesome. Therefore, we hope that ABBYY will address this concern with an upgrade. As of now, ABBYY Vantage is working fine. I want the solution to have a very good pre-trained model that can be trained using only two to three documents for new templates instead of the current requirement of ten documents for different templates. That kind of smart pre-trained model is what I want in ABBYY. ABBYY already has a pre-trained model, but they need more because they only have three to four at present. Make additional models for different areas so that the solution can detect information not just from tables or documents but also directly from images.
Our primary use case for this solution is invoice processing. We have many different invoices on different maps so we use it as a tool to classify those documents and get the information that we enter into the SAP systems
ABBYY Vantage is easy to use and allows us to run through documents and…
We are using the solution in our company for extracting details from invoice copies
In our company, using the solution, we have seen that overall automation is quite easy. The output and time for developing the process are quite less.
It's worth noting that ABBYY Vantage employs both AI and…
The market share of ABBYY Vantage in the Intelligent Document Processing (IDP) category
is 23.4% and it decreased
by 13.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
"Vantage is flexible and customizable. It's a low-code/no-code tool, so you don't need to get into detailed coding. You can also use AI to accomplish medium-complex tasks."
"The solution's technical support is very supportive."
"The OTR (Optical Text Recognition) is the most valuable feature of this solution."
Room for Improvement
"ABBYY's support model could be improved because we get some complaints from customers regarding the amount of time it takes and the kind of responses we get. They also need to improve their professional services team and train them to support customers better during custom implementations."
"ABBYY Vantage is a product that does not include the Arabic language."
"There is an area of improvement. For example, when we read the data from the OCR, the accuracy is not good."
Pricing
"ABBYY Vantage is a bit of an expensive tool."
"It is moderately priced."
"The cost is per page we use. So, the number of pages we use will be its cost."
These insights are based on the in-depth reviews provided by peers to help you make a better buying decision.
This intelligent content intelligence platform complements automation tools like robotic process automation (RPA) and business process automation (BPA) with machine-learning and artificial intelligence capabilities to continuously enhance accuracy and improve the outcomes of automated processes.
ABBYY Vantage provides a flexible layout and easy-to-use interface. The platform is a an advanced AI-OCR (optical character recognition).
ABBYY Vantage Features
AI Skills that process any document. The platform’s core set of AI Skills is a foundation for processing all types of documents - printed, PDFs, barcodes, signatures, and checkboxes - be they structured or unstructured.
You can design trained “Skills” or choose pre-trained ones from the ABBYY Marketplace. Choose Skills for invoices, purchase orders, W-2 forms, utility bills, and many other documents to leverage automation and save time and costs.
No code is necessary when designing skills to process structured and unstructured documents.
Strong analytics skills. You can track, measure, and analyze the performance of deployed Skills. By doing this, you can improve document processing automation.
Seamless integration with other systems. ABBYY Vantage™ easily integrates with automation platforms such as Automation Anywhere, Blue Prism, UiPath, and other RPA and BPA solutions. It also integrates with chatbot and mobile app tools.
Machine learning for continuous improvement. The platform’s AI Skills continuously improve and become more accurate over time. The system will learn document variations and collect statistical data, improving the process on the go.
How does ABBYY Intelligent Document Processing work?
Start by picking a Skill from the ABBYY Marketplace or train a new Skill.
Pick any document.
The system will extract data within your document and delivers output to be ingested by any business system.
ABBYY Vantage™ use cases
The easy-to-use, no-code Vantage platform can be utilized to set up and train Document, Classification, and Process Skills for just about any document type and flow. Intelligent Document Processing made simple and accessible. Some examples of documents ABBYY can process include:
Utility bills: Extracts the supplier’s name, statement date, customer name, and address.
Personal earning statement: ABBYY Vantage can extract data from pay stubs and help you verify an individual’s earnings and employment status.
1040: Captures the data from 1040 forms for tax processing purposes. Includes name, amounts, filing status, and other details.
Identity documents: Extracts information from 10,000 different identity documents from 248 different countries.
Remittance: It can capture headers, footers, and in-line details from payment documents.
Arrival notice: Captures data from shipping documents, including the consignee, shipper, parties, carriers, and other relevant details.
You can use Vantage™ to digitize, automate, and process almost any type of document. It can be especially effective for a number of use cases, including:
Customer onboarding and due diligence, including Know Your Customer (KYC).
Shipping and logistics, such as shipping instructions, bills of lading, freight forwarding orders, and customs clearance documentation.
Insurance claim processing, reading through OCR documents, eliminating human error, and improving the process of insurance claims.
Banking and finance. For instance, processing the banking documents associated with loans.
ABBYY Vantage™ Benefits
Automation: Ready-to-use AI Skills designed to improve processing of documents immediately.
Customization: Design your own AI Skill to process specific document types.
Built-in Skill automation, connectors, and intelligent process assets.
ABBYY Vantage was previously known as ABBYY FlexiCapture.