Comparing KlearStack and Nanonets: Clear Advantages in Document
Data Extraction
Day Zero Accuracy
01/02
Consumer banking services deal with KYC related documents, financial statements, apart from cheque deposits & withdrawals and various other processes.
KlearStack AI not only helps in digitizing such documents but also helps in automating the entire process and archiving the documents on the cloud. Various departments within the bank can access the documents with ease and therefore, overall process time speeds up.
Straight Through Processing
02/02
Pre-Trained APIs
Batch Processing
Third Party Integrations
Line-Item Extraction
Straight Through Processing
Day Zero Accuracy
Auto-learn New Document Formats
or Layouts
Data Transformation
Workflow Management
Multiple Language Data Extraction
Extraction from Template-based &
Free-form Documents
Multipage Document Extraction
Auto-Classification and Auto Split
Online Customer Support
Document Types/Industries Supported
for Data Extraction
Cloud & On-Prem Support
Table Extraction
Up-Front License Cost
Role Based Access Control
Simple & Powerful Dashboards
Requirement of Trained People to
Use the Solution
KlearStack
Yes
Yes
Quickbooks, SAP, Tally, Salesforce,
Gmail, & More
Yes
Can store data in any application with cross-verification
Can extract information in first attempt from an unseen document with high accuracy
Yes
Yes
Yes
Yes
Applicable for both document types
Yes
Yes
Yes
Invoices, Receipts Purchase Orders, Bill of Lading, ID Cards, Credit Notes, Legal Documents, Delivery Notes, Financial Statements, Annual Reports, Manufacturing, Telecom
Can store data in any application with cross-verification
N/A
Yes
Yes
Yes
Yes
Applicable for both document types
Yes
Yes
Yes
Invoices, Receipts, Driving License,
Passport
Available
Yes
-
Yes
Yes
No
KlearStack
Pre-Trained APIs
Yes
Batch Processing
Yes
Third Party Integrations
Quickbooks, SAP, Tally, Salesforce,
Gmail, & More
Line-Item Extraction
Yes
Straight Through Processing
Email OnlyCan store data in any application with
cross-verification. ability to audit documents
against predefined business rules as well as
data from any other documents
Day Zero Accuracy
Can extract information in first attempt
from an unseen document with high
accuracy
Auto-learn New Document Formats
or Layouts
Yes
Data Transformation
Yes
Workflow Management
Yes
Multiple Language Data Extraction
Yes
Extraction from Template-based &
Free-form Documents
Applicable for both document types
Multipage Document Extraction
Yes
Auto-Classification and Auto Split
Yes
Online Customer Support
Yes
Document Types/Industries Supported
for Data Extraction
Invoices, Receipts Purchase Orders,
Bill of Lading, ID Cards, Credit Notes,
Legal Documents, Delivery Notes,
Financial Statements, Annual Reports,
Manufacturing, Telecom