ABBYY Vantage vs UiPath Document Understanding comparison

ABBYY Vantage

Read 46 ABBYY Vantage reviews

4,667 Views
2,500 Comparison Views

92% willing to recommend

UiPath Document Understanding

Read 46 UiPath Document Understanding reviews

1,824 Views
852 Comparison Views

93% willing to recommend

ABBYY Vantage

UiPath Document Understanding

Comparison Buyer's Guide

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Executive SummaryUpdated on Apr 10, 2024

We compared ABBYY VantageI and UiPath Document Understanding based on our users' reviews in across various parameters. After reading all of the collected data, you can find our conclusion below.

ABBYY Vantage is praised for its exceptional OCR capabilities, automation workflows, and data extraction functionality. Users appreciate its integration capabilities, fair pricing, and positive ROI. However, some users have pointed out areas for improvement in the user interface, integration capabilities, OCR accuracy, and pricing concerns. UiPath Document Understanding is known for its quick setup and implementation process, high accuracy in data extraction, efficient processing speed, and seamless integration with other UiPath tools. Users find the pricing competitive, with flexible licensing options. The software has received positive feedback for its ROI, although users have highlighted the need for improvements in accuracy, performance, flexibility, and user experience. Additionally, users highly praise the customer service and support provided by UiPath Document Understanding, finding it to be top-notch and responsive.

Features: ABBYY Vantage stands out for its robust OCR capabilities and flexible automation workflows. UiPath Document Understanding excels in high-accuracy data extraction and seamless integration with other UiPath tools. ABBYY Vantage focuses on flexibility and efficiency in automation workflows and is highly praised for its data extraction functionality. UiPath Document Understanding is known for its high accuracy in data extraction, extensive document type support, and fast processing speed.

Pricing and ROI: ABBYY Vantage's setup cost is relatively low compared to similar products, with a fair and reasonable pricing structure. UiPath Document Understanding offers competitive pricing with straightforward setup and flexible licensing options tailored to individual needs. ABBYY Vantage offers increased efficiency, accuracy, and cost savings, with automation and insights. UiPath Document Understanding provides improved efficiency, accuracy, and time-saving capabilities, highlighting productivity and streamlined processes.

Room for Improvement: ABBYY Vantage could improve in user interface, integration capabilities, OCR accuracy, and pricing. UiPath Document Understanding users suggest enhancements in data extraction accuracy, software performance, customization options, and user experience design.

Deployment and customer support: ABBYY Vantage takes longer to deploy/set up. UiPath Document Understanding has a quicker setup and implementation process, with faster deployment and less time to get started. ABBYY Vantage customer service is praised for being efficient and knowledgeable, while UiPath Document Understanding is described as top-notch and effective. Both offer quick issue resolution and helpful support teams.

The summary above is based on 94 interviews we conducted recently with ABBYY Vantage and UiPath Document Understanding users. To access the review's full transcripts, download our report.

To learn more, read our detailed ABBYY Vantage vs. UiPath Document Understanding Report (Updated: May 2024).

Buyer's Guide

ABBYY Vantage vs. UiPath Document Understanding

May 2024

Download the complete report

Helped 787,061 peers since 2012

Categories and Ranking

ABBYY Vantage

Ranking in Intelligent Document Processing (IDP)

1st

Average Rating

8.0

Number of Reviews

Ranking in other categories

Robotic Process Automation (RPA) (6th)

UiPath Document Understanding

Ranking in Intelligent Document Processing (IDP)

2nd

Average Rating

8.2

Number of Reviews

Ranking in other categories

No ranking in other categories

Market share comparison

As of June 2024, in the Intelligent Document Processing (IDP) category, the market share of ABBYY Vantage is 22.4% and it decreased by 6.6% compared to the previous year. The market share of UiPath Document Understanding is 19.1% and it increased by 69.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Intelligent Document Processing (IDP)

Unique Categories:

Robotic Process Automation (RPA)

2.3%

No other categories found

Featured Reviews

Tharun Kp

RPA and ABBYY Developer at DHL

May 2, 2023

A user-friendly solution that is quite easy to integrate with other tools

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…

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Sravan G

Senior Project Manager at Resolve Technology, Inc.

Mar 27, 2024

Helps streamline invoice processes, reduces human intervention, and frees up staff time

The documents we process using UiPath Document Understanding are invoices and purchase orders. The documents are in PDF format. Some documents include handwriting and screenshots. Around 80 percent of the documents processed are completely automated without any human intervention. UiPath Document Understanding helps handle signatures. The call center teams automated a process where they used to manually identify configuration items in service notifications submitted by users. This manual process required a team of more than three people to analyze over 70,000 records per month. To address this inefficiency, we implemented Forms AI to automate the process. This automation has directly benefited end users. UiPath Document Understanding has streamlined invoice processing. Previously, processing invoices was a time-consuming manual process. Employees had to read each invoice, create corresponding entries in SAP and CRM systems, and then route them to accounts payable. This required multiple resources. UiPath Document Understanding automates these tasks, reducing processing time and errors. In the past, a team of more than 10 people was required to manually process purchase orders. Now, thanks to UiPath Document Understanding, only a few people are needed to validate the complete information and resolve any issues. Before UiPath Document Understanding, we used over eight resources to process documents. Each resource could only handle around 20 documents per day, limiting our total daily capacity to 160 documents. However, since implementing automation, we can now process over 600 invoices daily. UiPath Document Understanding helps reduce human error by over 90 percent. UiPath Document Understanding has freed up staff time to work on other projects. Our clients are satisfied with the time to value.

Read full review

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"We like the fact that this solution is enterprise-ready, so it can be deployed on-premises, scale it, etc."

"Verification station is a really good feature. It allows part-owners to be able to take a look at what comes out of the tool after a document, such as an invoice, is run through ABBYY. It also allows them to update it if there are any mistakes. So, it kind of gives them a little more control over what goes through the system and lessens the errors."

"The handwriting recognition is very good, as it can recognize handwriting done with pen and paper with at least 70% accuracy."

"The OCR is the best on the market."

"Identifies and extract relevant elements from a document."

"The UI is user-friendly and ABBYY Vantage supports over 100 languages."

"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 OTR (Optical Text Recognition) is the most valuable feature of this solution."

More ABBYY Vantage pros

"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."

"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 RPA journey with the finance department because that's the area where you can see the most benefit."

"The best feature, in my opinion, is, we can train the document using a machine-learning classifier."

"For me, the most valuable aspects of UiPath Document Understanding are its time efficiency and minimal human intervention."

"The most valuable feature in UiPath Document Understanding is the identification of the fields column in the PDF documents."

"We can integrate document understanding with other systems and applications."

"UiPath Document Understanding produces a high accuracy rate of 98 percent."

"UiPath enables us to automate manual tasks and duplicate them easily. The processes are highly accurate."

Cons

"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."

"The accuracy changes depending on the scenario so you need to test it before committing to this solution."

"The is a long time between application updates."

"They say that they have invoice training or document training where if you put in a certain number of documents of the same type and you fix it once, twice, or a few times, it'll automatically be able to read the same document perfectly without you having to create a layout for it to follow. That has never worked properly for any project, so I just stopped recommending it completely. We spent time trying to test and getting a bunch of invoices to test it with, and in the end, it just didn't do what it needed to. If they fix that or if they can improve on that, that would be great. It will save a lot of time for a lot of people, and it will allow people with less experience with ABBYY to be able to use it."

"ABBYY Vantage is a product that does not include the Arabic language."

"We would like the workflow building within this solution to be more transparent, which would allow us to model the process."

"ABBYY FlexiCapture could improve in the maintenance, and there are some issues. You have to make efforts to do corrections. Additionally, it could be more user-friendly in terms of connecting between different solutions."

"In IRISXtract, we can have master data, and we can set the master data. There are more options for taking any data and comparing it with master data. For a project, they have a dump from SAP for validation. This feature is there in ABBYY, but it is not extensive like IRISXtract. ABBYY is capturing the data, but there are not a lot of options to validate the captured data. It would be helpful if there are more options for validating the captured data in ABBYY FlexiCapture."

More ABBYY Vantage cons

"UiPath Document Understanding has challenges with handwriting and screenshots."

"UiPath Document Understanding can improve its handwriting and signature recognition."

"The rising annual licensing cost of UiPath's Document Understanding product is a major turnoff for users."

"The machine learning model needs improvement, as we receive more and more unstructured documents from clients that require a lot of manual validation."

"Document Understanding would be improved with more AI platforms."

"Sometimes we have challenges when we need to read something like a barcode, so we must use the Cisco algorithm to solve the issue, or I have to ask developers for help specifically to capture this kind of information. There are other processes, such as refunds, that we still must do manually because there is no way to use automation to solve this issue."

"The UiPath APIs lack reliable table parsing."

"The extraction can be better. ABBYY FlexiCapture has more capabilities than Document Understanding. It can also extract automatically without training, whereas with Document Understanding, we need to train everything."

Pricing and Cost Advice

"The price of this ABBYY FlexiCapture is a bit expensive and the price is based on how many documents have been captured. For example, one or two million captures."

"Its price is a little bit high and can be lower. Its licensing is very expensive. I don't remember exactly, but for each page, it is about four or seven cents, which is too expensive."

"We did not go with the licensed version of this solution."

"Its price should be a little lower. It is a lot higher than the competition, and if they just break the gap a little, then more people might jump onto their product. Their price is definitely a deterrent in the few cases that I remember. They have monthly and yearly options, and if you want, they also have per project and per page options. They do charge extra for different types of installation. They have the standalone, which is pretty straightforward and a lot cheaper than the server installation. Server installation gives you a lot more, and it gives you control over the environment."

"It is expensive as compared to UiPath. We pay for the licensing and the page count."

"You need to purchase user licenses, and you also need to purchase the license for the pages. User licenses are required for your developers to use the developer tools, and you also need to ensure that there is a pool of licenses for the business users so that they can log in and perform their activities."

"It is moderately priced."

"Most of our customers have purchased an annual license and if you have multiple developers from other companies, you can assign the license on a monthly basis to developers."

More ABBYY Vantage pricing and cost advice

"I do not know about its price, but for large organizations, UiPath is cheap, whereas, for small organizations, UiPath is high. For example, if 500 licenses are needed for one company, UiPath is cheap. If only 5 licenses are required, UiPath is costly."

"The price for UiPath Document Understanding is a bit expensive."

"UiPath's pricing model is complex and based on AI units, which are consumed during model training and use."

"The cost per license is significant, approaching ten thousand dollars."

"It's expensive, but you can reduce the price per license by getting more licenses. Overall, the pricing is okay."

"The pricing is reasonable."

"UiPath Document Understanding is expensive, with the basic annual package including 6,000 documents and the next package including one million documents, a huge price difference."

"While Robotic Process Automation tools can be expensive, UiPath Document Understanding is no exception."

More UiPath Document Understanding pricing and cost advice

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Top Industries

By visitors reading reviews

Computer Software Company

16%

Financial Services Firm

15%

Manufacturing Company

Comms Service Provider

Financial Services Firm

16%

Computer Software Company

14%

Manufacturing Company

Healthcare Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

What do you like most about ABBYY Vantage?

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.

See all answers

What is your experience regarding pricing and costs for ABBYY Vantage?

ABBYY's pricing could be improved. I feel like they are losing out on some business because of their pricing. They could expand their customer base by offering more flexible pricing options.

See all answers

What needs improvement with ABBYY Vantage?

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 profess...

See all answers

What do you like most about UiPath Document Understanding?

The solution allows us to continue with vendors whose information comes in correctly and to stop the automation for vendors with many items that are not clearly defined.

See all answers

What is your experience regarding pricing and costs for UiPath Document Understanding?

The product is not very costly in itself. It is part of the normal license. The solution’s cost increases for machine learning or artificial intelligence because we have to go for UiPath Orchestrat...

See all answers

What needs improvement with UiPath Document Understanding?

Sometimes, when the number of items is very large, the solution doesn't properly identify them. It's not 100% accurate, but it gives an 85% to 90% output. The solution doesn't work properly when to...

See all answers

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Compared 8% of the time

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Compared 7% of the time

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Product Reports

Buyer's Guide

ABBYY Vantage

June 2024

Download ABBYY Vantage product report

Buyer's Guide

UiPath Document Understanding

May 2024

Download UiPath Document Understanding product report

Also Known As

ABBYY FlexiCapture

No data available

Learn More

ABBYY

UiPath

Overview

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.

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 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 - whether 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 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 the immediate processing of documents.
Customization: Design your own AI Skill to process specific document types.
Built-in Skill automation, connectors, and intelligent process assets.

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

Fujitsu, Plustek, Samsung, Panasonic, M-files

Information Not Available

Buyer's Guide

ABBYY Vantage vs. UiPath Document Understanding

May 2024

Free Report: ABBYY Vantage vs. UiPath Document Understanding

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