Mauricio DiasC Document and Data For Automation at PRTi Digital
German CamposPMO Manager (Peruvian Branch) at Global hitss
We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
"The OCR is the best on the market."
"The handwriting recognition is very good, as it can recognize handwriting done with pen and paper with at least 70% accuracy."
"It's a very useful and user-friendly product."
"The most valuable feature is the ability to capture data from documents with different formats."
"The machine learning capability is pretty good."
"The most valuable feature is the ability to scale for big processes. We are able to process 1 million pages a day. Its accuracy is also very nice. It is a good feature that they have. It is an independent platform, which is its biggest advantage as compared to other solutions. It is also very stable and powerful. It is 100% on time."
"The most valuable feature is the intelligence it has with the ability to read the customer sales order and convert it into our own, despite minor changes in format."
"The most valuable feature is the cognitive ability, as it will learn an interface that it is not familiar with and perform in the way that a human does."
"The efficiency with which it was able to categorize the different data types and the format."
"The most valuable feature is the cognitive, self-learning component that understands the undefined templates."
"The character recognition feature is very good."
"I would say that the best feature is that it has native automation for the US."
"The ease that it provides in extracting vendor invoices, without having to configure them, was the reason for which we had gone with a solution."
"The flexibility to deploy based on the different types is the most valuable. We can deploy pieces of the program directly over the fields. We can also directly connect with databases. We can modify it and make different connections with the database. We are also able to programmably modify the fields and change the presentation and values or evaluate a list of values. We can change the values on the fly. It is very flexible and very easy to use and learn. It is also very simple."
"This solution should have better integration with RPA solutions such as Blue Prism."
"In the future, I would like to see integration with Google Sheets."
"Not a ten because sometimes some documents have handwritten data. If this improved, I would rate it a ten out of ten."
"The is a long time between application updates."
"Quite complex, particularly for those who are not tech savvy."
"They should improve the RESTful API side of this solution. Currently, fully RESTful API is not available in the on-prem version, which is really a problem, and we have to work around this limitation. The cloud version already has a fully RESTful API, but the on-prem version doesn't have a fully RESTful API, which is a big mistake. It is easy to solve, but they aren't solving it quicker. They are taking a long time. Nowadays, most people don't go to the interface. They like to use RESTful API."
"Better customization in terms of mapping would be an improvement."
"The price of IQ Bot, packaged with Automation Anywhere, is too expensive for some companies and they will not use it."
"It's not intuitive from a user standpoint."
"It would be helpful if the IQ Bot OCR could be integrated with third-party solutions like FlexiCapture."
"Product algorithms could be improved."
"The first place it could be improved is its price - it is too high. I'm having a lot of difficulty moving it to the customers."
"It was challenging to have to do the pre-processing and tax inputting on our own."
"The way this solution creates invoices can be improved. It is slow. Sometimes, it is also very complicated because you need to apply some kind of filters and effects over the images, which makes it a little bit complicated. They can reduce the complexity to manage the fields or incorporate other features. They can provide an easy way for developers to customize and program fields. The accuracy of the OCR engine can be improved. It would be great if they can also provide an ICR engine and an option to choose between OCR or ICR."
"For us, the price is reasonable."
"Pricing is highly confidential because it is something that can be negotiated."
"The package that includes Automation Anywhere and IQ Bot starts at $10,000 USD."
"The pricing is complicated but I wouldn't say that they are expensive."
"It has an average cost."
"There are others like Automation Anywhere offering similar kinds of bots for less. Most of the platforms are the same, and most of the features are the same, but not the licensing cost."
"There are more affordable solutions than this."
"I feel that the price of IQ Bot could be lower."
ABBYY FlexiCapture is an intelligent platform for capturing meaningful data, relationships and insights from documents, forms and correspondence to improve business outcomes. It transforms documents into business value by capturing and validating information in any format at its point of need. Intelligently digitizing documents and automating document processes, FlexiCapture helps organizations remove risk and cost while accelerating revenue and drive competitive advantage every day.
IQ Bot is democratizing dark data processing. IQ Bot is the only AI-based solution that can be easily set up and used by business users to automatically read and process a variety of complex documents and emails, faster. By learning from human behavior, IQ Bot becomes faster and more accurate while reducing setup and operational costs.
ABBYY FlexiCapture is ranked 1st in Intelligent Document Processing (IDP) with 6 reviews while IQ Bot is ranked 2nd in Intelligent Document Processing (IDP) with 18 reviews. ABBYY FlexiCapture is rated 8.4, while IQ Bot is rated 7.6. The top reviewer of ABBYY FlexiCapture writes "A powerful and independent platform with good ability to scale for big processes, good accuracy, and good stability". On the other hand, the top reviewer of IQ Bot writes "Offers native automation for the US but is too expensive". ABBYY FlexiCapture is most compared with Kofax RPA, Automation Anywhere (AA), IBM Datacap, HyperScience and ABBYY Vantage, whereas IQ Bot is most compared with IBM Datacap and HyperScience. See our ABBYY FlexiCapture vs. IQ Bot report.
See our list of best Intelligent Document Processing (IDP) vendors.
We monitor all Intelligent Document Processing (IDP) reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.