Datamatics TruCap+ vs UiPath Document Understanding comparison

Datamatics and UiPath are both solutions in the Intelligent Document Processing (IDP) category. Datamatics is ranked #13 with an average rating of 9.0, while UiPath is ranked #2 with an average rating of 8.1. Datamatics holds a 0.5% mindshare in IDP, compared to UiPath’s 16.6% mindshare. Additionally, 100% of Datamatics users are willing to recommend the solution, compared to 93% of UiPath users who would recommend it.

Datamatics TruCap+

Read 1 Datamatics TruCap+ review

87 Views
33 Comparison Views

100% willing to recommend

UiPath Document Understanding

Read 51 UiPath Document Understanding reviews

2,335 Views
1,093 Comparison Views

93% willing to recommend

Datamatics TruCap+

UiPath Document Understanding

Comparison Buyer's Guide

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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, UiPath, Automation Anywhere and others in Intelligent Document Processing (IDP).

To learn more, read our detailed Intelligent Document Processing (IDP) Report (Updated: December 2024).

Buyer's Guide

Intelligent Document Processing (IDP)

December 2024

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Helped 824,053 peers since 2012

Categories and Ranking

Datamatics TruCap+

Ranking in Intelligent Document Processing (IDP)

13th

Average Rating

9.0

Reviews Sentiment

6.8

Number of Reviews

Ranking in other categories

No ranking in other categories

UiPath Document Understanding

Ranking in Intelligent Document Processing (IDP)

2nd

Average Rating

8.0

Reviews Sentiment

7.2

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of December 2024, in the Intelligent Document Processing (IDP) category, the mindshare of Datamatics TruCap+ is 0.5%, up from 0.3% compared to the previous year. The mindshare of UiPath Document Understanding is 16.6%, up from 8.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Intelligent Document Processing (IDP)

Featured Reviews

IqbalSiddique

Business Head at MCS india

Comes with API services and data analytics features but needs to improve stability

We use the product for API and interface collections. The tool's most valuable features are API services and data analytics. Datamatics TruCap+ needs to improve its stability. I have been working with the product for a month. I rate the tool's stability an eight out of ten. The product is…

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José Arthur Brasileiro

General Director | CEO at Virtual Think Tecnologia & Negócios

Is easy to configure, user-friendly, and produces accurate results

The data we extract using Document Understanding relates to vehicle accidents. The insurance company uses this data to charge third parties involved and recover most of their money with minimal human intervention. We are extracting information from 50 insurance documents to prove the concept of showing coverage for those involved in the accident. The information from the insurance company is in PDF format and is structured so that we can easily extract information from it. The other public policy documents vary in quality depending on the state and district in Brazil. We have 27 states, and these documents are unstructured, making it difficult to extract data from them. Sometimes they are in image format, and other times they are in PDF format. The 50 structured PDF documents from the insurance company are all 100 percent automated using UiPath Document Understanding. We are impressed with the machine learning and AI capabilities of Document Understanding. We can use APIs to identify whenever a vehicle accident is reported, which helps our business. Using the AI we can access vehicle accident reports and train the machine learning to understand the majority of the documents we extract information from to help improve our business processes. We use the UiPath platform orchestrator with an API to integrate with OpenAI. UiPath Document Understanding has helped our organization demonstrate to potential customers how the solution, together with AI and machine learning, can benefit their businesses. Before Document Understanding our process took 15 minutes per document and now it takes under one minute. Document Understanding has helped free up our staff's time to work on other projects.

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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."

"Document Understanding's best features are the action center and verification mode."

"UiPath Document Understanding's image file extraction feature is the best in any OCR solution."

"I like UiPath's machine-learning capabilities. My first impressions were good, but we only use it in a few processes. We intend to expand our use of these features in other situations, but we're still learning how to use the AI functions. We use the OCR much more."

"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."

"One of the most valuable features is the intelligent recognition of the fields. The algorithm is able to recognize them based on the pattern. Also, the machine learning model enables you to use predefined solutions. The machine-learning capabilities of the solution are very cool."

"UiPath Document Understanding offers multiple types of extractors, which we can use to extract information from documents in a variety of ways."

"Document classification is very good."

"The UiPath Document Understanding tool is very easy to use for document understanding."

Cons

"Datamatics TruCap+ needs to improve its stability."

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

"UiPath could improve its analytics and interface."

"I encountered difficulties with UiPath Document Understanding in determining the appropriate OCR to use for certain files."

"They often ask us to go through the documentation first instead of directly explaining or addressing the root cause of issues."

"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."

"I would like more flexibility in Document Understanding's validation center."

"They can include some features in utilizing the product of assessment understanding, or more specifically, a better efficient handling of the ML skill, which right now is not that efficient."

"Right now, we are trying to use Instabase, which is another tool for document understanding."

Pricing and Cost Advice

Information not available

"The pricing is reasonable."

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

"UiPath Document Understanding is priced high compared to its competition."

"I have only been using its free version."

"UiPath has a higher upfront cost, but its Document Understanding feature is not a significant additional expense compared to the overall platform."

"The price is on the high end."

"We received a 60-day free trial before having to purchase a license to continue using UiPath Document Understanding."

"Document Understanding's price is quite high."

More UiPath Document Understanding pricing and cost advice

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824,053 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

No data available

Financial Services Firm

16%

Computer Software Company

16%

Real Estate/Law Firm

Healthcare Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about Datamatics TruCap+?

The tool's most valuable features are API services and data analytics.

See all answers

What needs improvement with Datamatics TruCap+?

Datamatics TruCap+ needs to improve its stability.

See all answers

What is your primary use case for Datamatics TruCap+?

We use the product for API and interface collections.

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?

I am not aware of the pricing details. My manager handles that, and as far as I know, Instabase is more expensive.

See all answers

What needs improvement with UiPath Document Understanding?

Right now, we are trying to use Instabase, which is another tool for document understanding. It may be one one step ahead. It is faster than UiPath.

See all answers

Comparisons

No data available

ABBYY Vantage vs UiPath Document Understanding

Compared 37% of the time

Tungsten TotalAgility vs UiPath Document Understanding

Compared 14% of the time

Instabase vs UiPath Document Understanding

Compared 13% of the time

Amazon Textract vs UiPath Document Understanding

Compared 10% of the time

OpenText Intelligent Capture vs UiPath Document Understanding

Compared 9% of the time

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Product Reports

Buyer's Guide

Intelligent Document Processing (IDP)

December 2024

Download Datamatics TruCap+ product report

Buyer's Guide

UiPath Document Understanding

November 2024

Download UiPath Document Understanding product report

Learn More

Datamatics

UiPath

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/

UiPath Document Understanding is employed across industries for extracting data from documents like invoices and legal papers, automating processes, reducing manual input, and enhancing accuracy. It manages both structured and unstructured data with OCR and machine learning capabilities.

UiPath Document Understanding enhances data extraction by supporting numerous document formats and languages. Its capabilities range from processing invoices in finance to handling medical documents in healthcare. By integrating with systems such as SAP, it streamlines document classification and validation. The incorporation of OCR and machine learning allows for high accuracy, even with scanned and handwritten documents, while also enabling automation of tasks that formerly required significant manual intervention.

What are the key features of UiPath Document Understanding?

Machine Learning: Elevates data accuracy through AI-driven models.
OCR Capabilities: Optimizes extraction across multiple formats and languages.
Integration Flexibility: Connects with systems like SAP effectively.
Action Centers and Validation Stations: Facilitates user involvement in validations.
Pre-Built Algorithms: Improves efficiency, especially in invoice processing.

What benefits should be considered in reviews?

Manual Labor Reduction: Minimizes human input and related errors.
Accuracy Improvement: Increases precision in data extraction.
Flexibility: Adapts to a range of document types and formats.
Efficiency Boost: Speeds up processing times and reduces delays.

Across industries, companies use UiPath Document Understanding for automating document processing tasks. In finance, it handles invoice processing, while in healthcare it manages medical record extraction. In manufacturing, it streamlines document workflows, and in HR, it facilitates the handling of internal documents. Despite its advantages, users report challenges with handwriting accuracy, template diversity, and integration complexity. Enhancements in AI and OCR are desired to improve scanning and extraction from diverse languages and formats.

Sample Customers

ARI Global Fleet Management, Ashapura Minechem Ltd, Blue Star, BUPA, Memphis Area Transit Authority (MATA)

Information Not Available

Buyer's Guide

Intelligent Document Processing (IDP)

December 2024

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Find out what your peers are saying about ABBYY, UiPath, Automation Anywhere and others in Intelligent Document Processing (IDP). Updated: December 2024.

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