We performed a comparison between IQ Bot and UiPath Document Understanding based on real PeerSpot user reviews.
Find out in this report how the two Intelligent Document Processing (IDP) solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."I personally feel that the c-extraction feature is valuable. After training it for a particular document, we can see the extractions there. Other than that, it has other features like Python scripting in-built, and these are the features that I feel stand out."
"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."
"The detection or extraction of data from the images in PDFs is the feature that I use the most. It is a good solution in terms of how easily you can administer or manage this tool. It is quite easy to use, and it is powerful in terms of what it can do."
"The ability to differentiate between documents is valuable."
"Our mainframe-based and web-based projects are working well, with no issues."
"The most valuable feature is the ease of use and the new feature that makes it possible to integrate the platform with Google."
"The most valuable features are rapid development, stability, and ease of use."
"It offers a pretty simple setup process."
"For me, the most valuable aspects of UiPath Document Understanding are its time efficiency and minimal human intervention."
"AI Center is helpful for creating data sets. Machine learning helps with some extraction. The ML extractor gives good results after training."
"It shortens the time of extracting data by 70 to 80%."
"UiPath Document Understanding is user-friendly, with an easy-to-use self-trained model, and the OCR it provides does a good job even with scanned PDFs."
"The solution removes manual processes and reduces human dependency. It takes a lot of effort to go through each physical mail or email, extract the data and transfer it to Excel. However, the solution automates the process and works 24/7. The tool gives a complete package to process and understand documents. The valuable features include taxonomy modification, classification, workstation, etc. There are out-of-the-box features like ML models which you can custom build. We have saved time with UiPath Document Understanding. We have seen a 50 percent improvement in scanning processes. Compared to humans, the tool runs 24/7. The human error rate has also been reduced. Our human error rate is five percent now compared to the previous 15 percent. UiPath Document Understanding has also freed up our staff who now spend more time on critical tasks."
"Document Understanding's best features are the action center and verification mode."
"The validation process is easy. The Validation Station shows you the extracted data on one side and the document on the other, so you can easily scroll down and check if the data is accurate. You just need to click a checkbox. If you don't think it is fine, you have the option to add an exception. Based on that exception, you can create multiple conditions for how to address the same issue if it happens again."
"Document Understanding has better machine learning or ML capabilities, and that is why I prefer Document Understanding."
"We don't get any kind of technical support or training for IQ Bot. There's a total lack of communication from them."
"The process of manually correcting the data in the validation queue that IQ Bot failed to extract should be automated."
"I think Automation Anywhere has a partnership with Google. I hope they integrate Google's OCR engine in some way with IQ Bot because the OCR engine that Google produces provides an in-built accuracy of close to 99%. That is the integration we are looking for, but we need to pay for IQ Bot. If they can integrate both and come up with better pricing, then it will be a huge boost because, in that case, the quality of an image or PDF quality is taken completely out of difficulty as Google tends to extract the data. That is something I am looking for if this happens."
"The user should be able to update the data libraries."
"We face a few data extraction challenges when we use a huge data set with different formats."
"I know that Automation Anywhere just said that IQ Bot 11 and higher versions are ready to extract the documents with less than 300 DPI, however, this is not true. I never could work with documents with less than 300 DPI."
"This solution could be improved by making it possible to add handwriting and signatures."
"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."
"The signature and handwriting are a pain point for the OCR and have room for improvement."
"There are also problems with handwritten documents. The results from those are not 90 percent accurate. With scanned and native PDFs, it is 90 to 99 percent accurate, but the accuracy of handwritten documents is somewhat less. If they could improve on that, it would also be helpful."
"It would be much easier if UiPath increased the count of pages. Currently, they are allowing one million pages for $10,000 per month. I would prefer to increase the page count or reduce the dollar count in terms of processing the documents. I would prefer $6,000 per month for processing 2 to 3 million pages per month. It will then be much easier for companies with a low budget to use this product."
"Currently, we have to train multiple templates because the column size and row size change in each PDF."
"UiPath Document Understanding can improve its handwriting and signature recognition."
"Existing models have room for improvement."
"There is also room for improvement in long-running table extraction. If a table continues for more than 10 pages, in some cases, we have observed that it only extracts six or seven pages and skips the last pages."
"UiPath Document Understanding has challenges with handwriting and screenshots."
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IQ Bot is ranked 3rd in Intelligent Document Processing (IDP) with 48 reviews while UiPath Document Understanding is ranked 2nd in Intelligent Document Processing (IDP) with 45 reviews. IQ Bot is rated 7.6, while UiPath Document Understanding is rated 8.2. The top reviewer of IQ Bot writes "User-friendly and code reusability feature for efficient utilization of existing code repositories". On the other hand, the top reviewer of UiPath Document Understanding writes "Is easy to configure, user-friendly, and produces accurate results". IQ Bot is most compared with ABBYY Vantage, whereas UiPath Document Understanding is most compared with ABBYY Vantage, Instabase, Tungsten TotalAgility, Nanonets and HyperScience. See our IQ Bot vs. UiPath Document Understanding report.
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