Another Monday vs IBM Datacap comparison

Cancel
You must select at least 2 products to compare!
Another Monday Logo
588 views|321 comparisons
100% willing to recommend
IBM Logo
1,367 views|562 comparisons
88% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Another Monday and IBM Datacap based on real PeerSpot user reviews.

Find out what your peers are saying about UiPath, Microsoft, Automation Anywhere and others in Robotic Process Automation (RPA).
To learn more, read our detailed Robotic Process Automation (RPA) Report (Updated: April 2024).
768,578 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The initial setup is very quick."

More Another Monday Pros →

"I can have all scanners accessible from my end.""The administration of the application following an error is most valuable. We are able to know easily when something is stuck in the system.""The solution offers many features that are beneficial for customers.""It is highly extensible, which we found to be most valuable. It is a very extensible solution because it is based on configurable rule sets. We were able to amend and adjust the solution and very easily add custom code and custom components. It does require some programming experience, but we found that not to be an issue. We liked its extensibility.""It reduces human error and saves time.""The feedback from our clients that this solution has increased their efficiency and their turnaround time on opening any account for end users, thus attracting more customers.""It is the best solution for scanning purposes.""The big thing these days is really the Insight Edition component and being able to build annotators to extract from literally unstructured content: paragraphs and information where there's no start anchor point to define where that data is located. There could be a number of entities in that which you have to draw information from. Being able to extract from them is really the differentiator today between that product and many of the other products..."

More IBM Datacap Pros →

Cons
"The solution should come with language customization, which would simplify its use for our customers."

More Another Monday Cons →

"I would like to see integration of Watson AI technology into Datacap.""The IBM Datacap site actually is on the newer inside. They will give it as a plugin only.""I would like better ease of use and more support options.""I give the scalability of the solution a six out of ten.""The reading efficiency of the solution needs to be improved.""The user interfaces for exception processing can be tweaked. I commonly find that we try to tweak and customize some of those components to more of what the industry standard is. The product is still trying to play catch-up a little bit in those areas.""Our main language in Egypt is Arabic, and IBM DataCap does not support it perfectly. All our documentation is in Arabic. It's not English or any other language. However, we have overcome this problem by using QR codes in the document to extract the data from it. They should have better support for Arabic.""Datacap has performance issues when processing large volumes of documents. We're doing 18,000 pages daily. Scanning takes almost 20-30 minutes, but it normally takes one or two minutes. We informed IBM and opened a ticket for that. They forwarded the issue to developers but didn't give a specific timeline for it to be resolved. Version 8.1 is already at the end of support."

More IBM Datacap Cons →

Pricing and Cost Advice
  • "There is no licensing fee for our customers."
  • More Another Monday Pricing and Cost Advice →

  • "Pricing needs to stay competitive."
  • "You save a lot of time and money, but the benefit is you have people who are able to run the systems, check to see if there are any errors at all, and there are a lot less errors than a human system."
  • "Pricing depends on how much we use it. We pay per bulk quantity. We pay as you go. Therefore, it sort of depends on our usage of it."
  • "We were using the User Value Unit licensing, which means we get charged per active user of the system, and if I'm not mistaken, we also had it for the rule runner service. They had a PVU license model, which is a processor value unit. For each process that we have in our system, we pay a certain amount of money. We found the pricing to be quite steep. It was really an expensive solution in comparison to Kofax, which had a different licensing model and was actually cheaper overall because they charge per page and not per user and per process."
  • "If you want IBM Datacap on cloud, which is a service run by IBM, the price can be quite expensive, but if you want to just purchase the licenses and own those yourself, then the price is very competitive."
  • "It varies, and it depends on the client's requirements and negotiations. Nowadays, Datacap is also included in the IBM Cloud Pak for Business Automation."
  • "In Egypt, we have exchange rates that change year to year, and currently, we're facing an increase in the exchange rate between our Egyptian pound and the dollar. Since we have been using IBM DataCap two years ago we had a good price, it was not expensive. However, I cannot say now if it is expensive or not because of the exchange rate. Additionally, I don't have the data of other competitors and I don't know the prices."
  • "IBM could offer more competitive pricing. This would allow them to attain more users. Some of our clients are considering moving to a different solution called Encapture which is similar but offers more competitive pricing."
  • More IBM Datacap Pricing and Cost Advice →

    report
    Use our free recommendation engine to learn which Robotic Process Automation (RPA) solutions are best for your needs.
    768,578 professionals have used our research since 2012.
    Questions from the Community
    Ask a question

    Earn 20 points

    Top Answer:The installation of the solution is very simple.
    Top Answer:IBM Datacap cannot fetch unstructured data properly; it always gives you wrong information, so no one uses this solution for unstructured data. Even for structured data, sometimes the administrators… more »
    Ranking
    Views
    588
    Comparisons
    321
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Views
    1,367
    Comparisons
    562
    Reviews
    12
    Average Words per Review
    647
    Rating
    7.1
    Comparisons
    Also Known As
    Datacap
    Learn More
    Overview

    Building a fully-automated robotic process environment where robot
    workers performed an equivalent volume of work of over 1,500 full-time
    virtual employees required the careful development and optimization of
    an RPA-architecture.
    We created an architecture that embodies the best practices of both
    RPA-methodology and RPA-tools. These two components defined automation
    best practices like the enforcing of a rigorous process mapping and a
    process automation design approach that captures every action for all
    workflow possibilities and exceptions. Further, this enables a bot that
    could seamlessly recover from exception-based failures. Ultimately,
    that delivers industrial-grade performance at scale!

    IBM Datacap helps you streamline the capture, recognition and classification of business documents and extract important information. Datacap supports multiple-channel capture by processing paper documents on scanners, mobile devices, multi-function peripherals and fax. It uses natural language processing, text analytics and machine learning technologies, like those in IBM Watson, to automatically identify, classify and extract content from unstructured or variable documents. The software can reduce labor and paper costs, deliver meaningful information and support faster decision making.

    Sample Customers
    ING, Vodafone, T-Mobile, Billbox
    Turkcell, PowerSouth Energy Cooperative, Central Nacional Unimed, Conqord Oil
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company20%
    Financial Services Firm11%
    Manufacturing Company11%
    Healthcare Company9%
    REVIEWERS
    Computer Software Company38%
    Financial Services Firm23%
    Mining And Metals Company8%
    Transportation Company8%
    VISITORS READING REVIEWS
    Financial Services Firm20%
    Computer Software Company15%
    Government11%
    Insurance Company8%
    Company Size
    VISITORS READING REVIEWS
    Small Business15%
    Midsize Enterprise15%
    Large Enterprise70%
    REVIEWERS
    Small Business46%
    Midsize Enterprise15%
    Large Enterprise38%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise14%
    Large Enterprise69%
    Buyer's Guide
    Robotic Process Automation (RPA)
    April 2024
    Find out what your peers are saying about UiPath, Microsoft, Automation Anywhere and others in Robotic Process Automation (RPA). Updated: April 2024.
    768,578 professionals have used our research since 2012.

    Another Monday is ranked 32nd in Robotic Process Automation (RPA) while IBM Datacap is ranked 6th in Intelligent Document Processing (IDP) with 26 reviews. Another Monday is rated 9.0, while IBM Datacap is rated 7.6. The top reviewer of Another Monday writes "A scalable solution which is easy to install and use". On the other hand, the top reviewer of IBM Datacap writes "The ability to connect this information with the appropriate database and recognize it irrespective of the format or source is an extremely valuable feature". Another Monday is most compared with UiPath and Microsoft Power Automate, whereas IBM Datacap is most compared with ABBYY Vantage, Microsoft Power Automate, Tungsten TotalAgility, HyperScience and OpenText Intelligent Capture.

    See our list of best Robotic Process Automation (RPA) vendors.

    We monitor all Robotic Process Automation (RPA) 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.