Datamatics TruCap+ vs UiPath Document Understanding comparison

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Datamatics Logo
74 views|33 comparisons
100% willing to recommend
UiPath Logo
1,612 views|738 comparisons
92% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Datamatics TruCap+ and UiPath Document Understanding based on real PeerSpot user reviews.

Find out what your peers are saying about ABBYY, Automation Anywhere, UiPath and others in Intelligent Document Processing (IDP).
To learn more, read our detailed Intelligent Document Processing (IDP) Report (Updated: April 2024).
768,857 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 tool's most valuable features are API services and data analytics."

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"Scalability-wise, I rate the solution a nine out of ten...The solution's technical support is good.""We can integrate document understanding with other systems and applications.""With Document Understanding, tasks that would normally take eight hours manually can be completed in three to five hours. It still requires some human intervention, but 90 percent of the processing can be automated.""I found UiPath Document Understanding helpful in automating different types of processes. One process can be split into multiple processes or sub-processes. You can also use it for ID management or extracting data from IDs, such as passports or government-issued IDs, which I like.""The most valuable feature is the ability for humans to train the bot.""The quality of the input documents is crucial because sometimes healthcare providers prefer automated processing rather than human review.""OCR technology is undoubtedly the most valuable feature and the feasibility of integrating data processes with AI and machine learning models is fascinating.""Has a very good machine learning feature."

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Cons
"Datamatics TruCap+ needs to improve its stability."

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"The machine learning model needs improvement, as we receive more and more unstructured documents from clients that require a lot of manual validation.""At times, the scanning functionality of the tool may fail to generate accurate output, resulting in the need for manual input.""The documentation should be more clear, or better training should be provided.""I would like to see more integration of artificial intelligence. That's being implemented, but it would be a massive improvement to the solution's document processing. If UiPath achieves intelligent document processing, it will be far better than anything on the market. There are currently some limitations with the fields that could be addressed using a GPT engine. With an integrated AI model, you wouldn't need to create your taxonomy. You would only need to provide some prompts, such as "What is the property name?" It will store that as a variable.""Document Understanding would be improved with more AI platforms.""The coding machine learning could be a little bit better.""They could work on the digitizing and classification of documents.""Sometimes, when the number of items is very large, the solution doesn't properly identify them."

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Pricing and Cost Advice
Information Not Available
  • "Document Understanding's price is quite high."
  • "For the licensing part, in our company, we initially started off with a monthly plan, but yearly plans are also there. Cost-wise, UiPath Document Understanding is good since it provides flexibility in its pricing."
  • "On a scale of one to ten, where one is cheap, and ten is expensive, I rate the solution a nine."
  • "The pricing is reasonable."
  • "It's expensive, but you can reduce the price per license by getting more licenses. Overall, the pricing is okay."
  • "We received a 60-day free trial before having to purchase a license to continue using UiPath Document Understanding."
  • "On a scale of one to ten with ten being the most expensive, I rate UiPath Document Understanding an eight on cost."
  • "Our clients are concerned about the volume-based pricing model, as UiPath charges more than other vendors in the market."
  • More UiPath Document Understanding Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The tool's most valuable features are API services and data analytics.
    Top Answer:Datamatics TruCap+ needs to improve its stability.
    Top Answer:We use the product for API and interface collections.
    Top Answer:Invoice processing is the most valuable feature. Most of my customers use Document Understanding for invoice processing. That's one of the most common use cases. Typically, each customer starts their… more »
    Top Answer:Document Understanding's pricing is reasonable for developed markets because manual entry will be unable to match the cost of automatically processing one page. However, you can get labor for much… more »
    Top Answer:Document Understanding's handwriting comprehension is improving, but it's still not as good as printed documents. Machine learning models, in general, are becoming mature, but it's still not to a… more »
    Ranking
    Views
    74
    Comparisons
    33
    Reviews
    1
    Average Words per Review
    175
    Rating
    9.0
    Views
    1,612
    Comparisons
    738
    Reviews
    38
    Average Words per Review
    917
    Rating
    8.1
    Comparisons
    Learn More
    Overview

    Datamatics TruCap+ is an intelligent data capture solution powered by Artificial Intelligence (AI) and fuzzy logic. It helps in intelligent data capture from various unstructured documents with over 99% accuracy. Its ability to continuously auto-learn using AI/ML algorithms and inputs provided by users; combined with ability to predict confidence level of the captured data; makes it a truly intelligent data capture solution. It is compatible with all legacy as well as modern ERP systems. TruCap+ is highly modular, configurable, and customizable and can be deployed on-premise as well as on-cloud. With over 90% of the data generated by businesses being in unstructured form; TruCap+ is the ideal solution to take forward your digital transformation journey.

    Datamatics TruCap - https://trubot.datamatics.com/

    Wouldn’t it be great if software robots could understand documents? To extract, interpret, and process data for you, even from PDFs, images, handwriting, and scans? UiPath Document Understanding helps your robots do just that. Delegate more of your digital paperwork with a boost from AI.

    Sample Customers
    ARI Global Fleet Management, Ashapura Minechem Ltd, Blue Star, BUPA, Memphis Area Transit Authority (MATA)
    Information Not Available
    Top Industries
    No Data Available
    REVIEWERS
    Computer Software Company39%
    Manufacturing Company17%
    Comms Service Provider9%
    Financial Services Firm4%
    VISITORS READING REVIEWS
    Financial Services Firm17%
    Computer Software Company15%
    Manufacturing Company7%
    Healthcare Company7%
    Company Size
    No Data Available
    REVIEWERS
    Small Business41%
    Midsize Enterprise16%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise12%
    Large Enterprise70%
    Buyer's Guide
    Intelligent Document Processing (IDP)
    April 2024
    Find out what your peers are saying about ABBYY, Automation Anywhere, UiPath and others in Intelligent Document Processing (IDP). Updated: April 2024.
    768,857 professionals have used our research since 2012.

    Datamatics TruCap+ is ranked 11th in Intelligent Document Processing (IDP) with 1 review while UiPath Document Understanding is ranked 3rd in Intelligent Document Processing (IDP) with 45 reviews. Datamatics TruCap+ is rated 9.0, while UiPath Document Understanding is rated 8.2. The top reviewer of Datamatics TruCap+ writes "Comes with API services and data analytics features but needs to improve stability ". On the other hand, the top reviewer of UiPath Document Understanding writes "Is easy to configure, user-friendly, and produces accurate results". Datamatics TruCap+ is most compared with , whereas UiPath Document Understanding is most compared with ABBYY Vantage, Instabase, Tungsten TotalAgility and Nanonets.

    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.