Datamatics TruCap+ vs UiPath Document Understanding comparison

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Datamatics Logo
81 views|34 comparisons
100% willing to recommend
UiPath Logo
1,824 views|852 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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"UiPath Document Understanding offers multiple types of extractors, which we can use to extract information from documents in a variety of ways.""I like the clear and organized way in which UiPath has structured the labeling process, as well as the user-friendly development environment.""UiPath enables us to automate manual tasks and duplicate them easily. The processes are highly accurate.""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.""OCR technology is undoubtedly the most valuable feature and the feasibility of integrating data processes with AI and machine learning models is fascinating.""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.""The best feature, in my opinion, is, we can train the document using a machine-learning classifier.""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."

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

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"UiPath could improve its analytics and interface.""There is still room for enhancement in capturing line items from invoices.""An area for improvement in UiPath Document Understanding is data extraction from scanned documents. It could be better because I've observed a ten percent failure or flaw whenever the vendor scans and converts documents into PDFs.""The extraction and classification process should be simplified.""The licensing model poses a significant challenge due to the fee charged for posting a model, which impedes the development of productivity-enhancing models.""Currently, we have to train multiple templates because the column size and row size change in each PDF.""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.""Document Understanding's handwriting comprehension is improving, but it's still not as good as printed documents. Machine learning models, in general, are becoming mature, but it's still not to a point where I will give it five stars. I may give it a two or three. It is still not advanced enough to identify whatever handwritten content you give to it. It can process handwriting, but you need a human to validate it. With more training, it will become more automated. It will be better by 2025, but it is still not mature enough"

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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
    81
    Comparisons
    34
    Reviews
    1
    Average Words per Review
    175
    Rating
    9.0
    Views
    1,824
    Comparisons
    852
    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 2nd 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.