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Automation Hero vs IQ Bot comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

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

Scalability Issues

No sentiment score available
Sentiment score
8.5
IQ Bot is scalable for medium to large enterprises, though configuration, cost, and licensing can impact scalability and performance.
 

Valuable Features

No sentiment score available
Sentiment score
8.8
IQ Bot is praised for its OCR, AI-driven data extraction, versatility, integration with Automation Anywhere, and user-friendliness.
 

Room For Improvement

No sentiment score available
Sentiment score
6.5
IQ Bot needs improved intelligence, cost reduction, integration, machine learning, OCR accuracy, templates, support, scalability, and deployment efficiency.
 

Stability Issues

No sentiment score available
No sentiment score available
IQ Bot is stable but may struggle with varying document formats, requiring expert deployment for optimal consistency.
 

Customer Service

No sentiment score available
No sentiment score available
Many users are satisfied with IQ Bot support, noting quick responses and knowledgeable staff, despite occasional delays and issues.
 

Setup Cost

No sentiment score available
Sentiment score
8.5
IQ Bot pricing is high yet valuable, with packages starting at $10,000, posing challenges for smaller organizations.
 

Categories and Ranking

Automation Hero
Ranking in Intelligent Document Processing (IDP)
21st
Average Rating
7.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
IQ Bot
Ranking in Intelligent Document Processing (IDP)
3rd
Average Rating
7.6
Reviews Sentiment
8.0
Number of Reviews
49
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of November 2024, in the Intelligent Document Processing (IDP) category, the mindshare of Automation Hero is 0.4%, down from 0.9% compared to the previous year. The mindshare of IQ Bot is 3.3%, down from 6.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Intelligent Document Processing (IDP)
 

Featured Reviews

AK
Good dashboard with easy tracking feature; lacks sufficient templates
Our use case of this product is for invoice processing. We tested it on a small project to get a comparison with UiPath. I am a user of this product and an intern in the company.  It's great that the solution doesn't require coding. If you input an invoice, it reads all the fields automatically…
Sunilkumar Venugopal - PeerSpot reviewer
A stable and flexible product that provides excellent PDF classification and data extraction features
Whenever there is a variation in the same set of formats, the product considers it an additional group of formats. It causes some challenges while predicting the output. We faced this challenge across multiple implementations. However, it occurs less often. It mostly does not affect us. We face a few data extraction challenges when we use a huge data set with different formats. Some things do not get extracted. For example, when we receive a statement from the brokers regarding the trading details, the document might contain multiple tables containing data. The product is unable to extract such data.
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Top Industries

By visitors reading reviews
No data available
Computer Software Company
17%
Manufacturing Company
12%
Financial Services Firm
9%
Healthcare Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

Ask a question
Earn 20 points
When evaluating Robotic Process Automation, what aspect do you think is the most important to look for?
My answer is going to a bit different as I am a business user with limited programming skills 1. Software costs including recurring fees are very important. Automation Anywhere wants to charge a ...
What do you like most about IQ Bot?
IQ Bot is relatively easy to use and develop.
What is your experience regarding pricing and costs for IQ Bot?
The product cost is relatively high compared to other tools in the market. I rate the pricing a five out of ten.
 

Comparisons

No data available
 

Overview

 

Sample Customers

Information Not Available
Synergy
Find out what your peers are saying about ABBYY, UiPath, Automation Anywhere and others in Intelligent Document Processing (IDP). Updated: November 2024.
816,636 professionals have used our research since 2012.