Datamatics TruCap+ vs UiPath Document Understanding comparison

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Datamatics Logo
78 views|35 comparisons
100% willing to recommend
UiPath Logo
1,735 views|799 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, UiPath, Automation Anywhere and others in Intelligent Document Processing (IDP).
To learn more, read our detailed Intelligent Document Processing (IDP) Report (Updated: May 2024).
772,649 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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"The best feature is pre-labeling, as it eliminates the need to manually label each data point.""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.""There are many features that can be added to the action center to keep humans in the loop to evaluate the accuracy of the extracted data.""Document Understanding has better machine learning or ML capabilities, and that is why I prefer Document Understanding.""The most valuable feature is key-value pair and table extraction.""UiPath enables us to automate manual tasks and duplicate them easily. The processes are highly accurate.""It shortens the time of extracting data by 70 to 80%.""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."

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

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"The licensing model poses a significant challenge due to the fee charged for posting a model, which impedes the development of productivity-enhancing models.""The signature and handwriting are a pain point for the OCR and have room for improvement.""There could be a feature similar to ChatGPT where when you ask about a document, you get an answer about what is there in that document. If possible, this kind of feature can be incorporated so that you do not need to open a file and take the value. It should directly detect that instead of opening and validating the document. Such a feature will speed up the process.""The machine learning model needs improvement, as we receive more and more unstructured documents from clients that require a lot of manual validation.""Existing models have room for improvement.""There is still room for enhancement in capturing line items from invoices.""Making the design of Forms AI more flexible and accommodating to companies' branding preferences would be beneficial.""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."

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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: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.
    Top Answer: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 Orchestrator… more »
    Top Answer: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 too… more »
    Ranking
    Views
    78
    Comparisons
    35
    Reviews
    1
    Average Words per Review
    175
    Rating
    9.0
    Views
    1,735
    Comparisons
    799
    Reviews
    40
    Average Words per Review
    905
    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 Firm16%
    Computer Software Company14%
    Healthcare Company7%
    Manufacturing Company7%
    Company Size
    No Data Available
    REVIEWERS
    Small Business40%
    Midsize Enterprise16%
    Large Enterprise44%
    VISITORS READING REVIEWS
    Small Business18%
    Midsize Enterprise12%
    Large Enterprise70%
    Buyer's Guide
    Intelligent Document Processing (IDP)
    May 2024
    Find out what your peers are saying about ABBYY, UiPath, Automation Anywhere and others in Intelligent Document Processing (IDP). Updated: May 2024.
    772,649 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.