Nanonets Accounts Payable Automation

nanonets.com

From $100/mo Free plan WebAPISelf-hosted

Spec score 9.1 #3 of 97 in Accounts Payable Software

What it is

Nanonets Accounts Payable Automation uses AI agents to handle accounts payable from invoice intake through payment runs, guided by supplier terms, tolerance tables, coding rules, and approval matrices. It can ingest vendor emails, PDFs, scanned paper, EDI feeds, and supplier portal documents without templates. The system supports two-way and three-way matching, business-rule-based GL coding, duplicate detection, and fraud checks. When a match has low confidence or a policy exception occurs, a reviewer receives the document, failed rule, and context; processing waits for a decision. After checks pass, validated data is posted to the ERP with an audit trail. Connectors are listed for SAP S/4HANA, Oracle, NetSuite, Dynamics 365, QuickBooks, Xero, and Sage, alongside webhooks and REST support. Pricing is based on workflow block runs; the listed rates are $0.02 per simple operation run, $0.10 per standard AI run, and $0.30 per complex AI run. Each account starts with $50 in free credits, with no card required. Paid Starter usage is $100 a month for 100 credits. The product is available via API and web.

Spec sheet

What it does: Nanonets turns supplier terms, coding rules, tolerance tables and approval matrices into AI agents that process accounts payable from invoice intake through payment posting.Read 15 Oct 2026 · nanonets.com
Intended users: Nanonets describes its product as purpose-built for document-heavy business processes including accounts payable, and says it serves teams from smaller companies to Fortune 500 enterprises.Read 29 Sep 2026 · nanonets.com
Free plan: YesRead 23 Sep 2026 · nanonets.com
Paid from: 100Read 23 Sep 2026 · nanonets.com
API: The public API uses https://app.nanonets.com, JSON responses and Basic authentication with an API key as the username and an empty password.Read 15 Oct 2026 · docs.nanonets.com
Integrations: Nanonets lists 25-plus native connectors including Gmail, Outlook, Google Drive, Dropbox, Box, SAP, QuickBooks, Xero, Sage, Salesforce, HubSpot, Zendesk, Slack, Jira and Asana.Read 15 Oct 2026 · nanonets.com
Compliance: Nanonets states that SOC 2 Type II, GDPR and ISO 27001 controls are current, with HIPAA BAAs available on enterprise plans.Read 15 Oct 2026 · nanonets.com
Support: The Starter plan includes community support, while Enterprise includes dedicated support and SLAs.Read 29 Sep 2026 · nanonets.com
Headquarters: San Francisco, California, USARead 23 Sep 2026 · nanonets.com
API capabilities: API endpoints support custom model creation, training, OCR prediction and image classification, including synchronous and asynchronous file processing.Read 15 Oct 2026 · docs.nanonets.com
Approval workflows: YesRead 23 Sep 2026 · nanonets.com
Company founding and headquarters: LinkedIn lists Nanonets as founded in 2017 and headquartered in San Francisco, California.Read 15 Oct 2026 · linkedin.com
Company size: LinkedIn lists Nanonets as a privately held software-development company with 51–200 employees.Read 15 Oct 2026 · linkedin.com
Context graph: The system parses uploaded AP manuals, supplier schedules and approval matrices into a traceable context graph whose rules link back to source text.Read 15 Oct 2026 · nanonets.com
Documentation depth: The documentation provides API references, guides, OpenAPI material, endpoint descriptions and Postman testing instructions.Read 15 Oct 2026 · docs.nanonets.com
ERP posting: Validated data is posted to the ERP after checks pass, with an audit trail attached.Read 29 Sep 2026 · nanonets.com
Exceptions: Low-confidence matches and policy exceptions are routed to designated people with the relevant documents, failed rule and context.Read 15 Oct 2026 · nanonets.com
Free credits: Every account starts with $50 in free credits, with no card required; the pricing page describes this as a free trial.Read 29 Sep 2026 · nanonets.com
Funding news: Nanonets announced a $29 million Series B led by Accel India on March 12, 2024, bringing stated total funding to $42 million.Read 15 Oct 2026 · nanonets.com
GL coding: Nanonets applies general-ledger coding and cost-centre allocation using configured business rules.Read 15 Oct 2026 · nanonets.com
Human review: Low-confidence matches and policy exceptions are routed to a reviewer with the document, failed rule, and context, and the agent waits for a decision before continuing.Read 29 Sep 2026 · nanonets.com
Integration methods: For systems without a native connector, Nanonets provides REST and webhook interfaces, while supported authentication includes OAuth 2.0, SAML and API keys.Read 15 Oct 2026 · nanonets.com
Invoice capture: aiRead 23 Sep 2026 · nanonets.com
Invoice intake: The AP workflow accepts vendor emails, PDFs, scanned paper and EDI feeds without requiring document templates.Read 15 Oct 2026 · nanonets.com
Legal entity: Crunchbase identifies the legal name as Nano Net Technologies Inc. and lists San Francisco, California as headquarters.Read 15 Oct 2026 · crunchbase.com
Limit: advanced configuration: A reviewer reported that advanced configurations can require experimentation before producing the desired result.Read 15 Oct 2026 · aws.amazon.com
Limit: onboarding learning curve: An independent editorial review says onboarding may require patience and advanced features can take time to master.Read 15 Oct 2026 · thedigitalprojectmanager.com
Limit: pricing transparency: A reviewer asked for more flexible and transparent credit usage and plan options for businesses with variable monthly volume.Read 15 Oct 2026 · aws.amazon.com
Limit: value for money: Capterra review excerpts include minor pricing concerns, while its value-for-money subscore is lower than ease-of-use and service scores.Read 15 Oct 2026 · capterra.com
Matching: The product performs two-way and three-way purchase-order matching and checks goods receipts against invoices.Read 15 Oct 2026 · nanonets.com
Matching and validation: The product supports two-way and three-way matching, GL coding from business rules, duplicate detection, and fraud checks.Read 29 Sep 2026 · nanonets.com
Open-source component: Nanonets' DocStrange document-processing library is MIT licensed, supports Python 3.8 or newer and offers local offline GPU processing.Read 15 Oct 2026 · github.com
Outage history: The official status page records intermittent model failures during a Google Cloud outage on October 1–2, 2026, which was later resolved.Read 15 Oct 2026 · status.nanonets.com
Payment execution: NoRead 23 Sep 2026 · nanonets.com
Payment posting: Validated data is posted to the ERP with an attached audit trail after all checks pass.Read 15 Oct 2026 · nanonets.com
PO matching: YesRead 23 Sep 2026 · nanonets.com
Praise: extraction and speed: Independent reviewers repeatedly praise accurate, fast extraction that reduces manual entry and speeds document-heavy work.Read 15 Oct 2026 · aws.amazon.com
Praise: flexibility and support: Reviewers describe flexible workflow automation, useful integrations and responsive support during configuration and plan discussions.Read 15 Oct 2026 · aws.amazon.com
Pricing basis: Pricing is based on workflow block runs; the pricing page lists $0.02 per simple operation run, $0.10 per standard AI run, and $0.30 per complex AI run, and says typical invoice processing uses 4–6 blocks per document.Read 29 Sep 2026 · nanonets.com
Private deployment: Enterprise pricing lists private cloud or on-prem deployment and regional data residency in the US, EU and APAC.Read 15 Oct 2026 · nanonets.com
Rating on AWS Marketplace: 4.7 out of 5 from 101 external ratings, with no AWS-native reviews shown.Read 15 Oct 2026 · aws.amazon.com
Rating on Capterra: 4.8 out of 5 from 81 reviews.Read 15 Oct 2026 · capterra.com
Rating on Gartner Peer Insights: 4.7 out of 5 from 42 reviews overall; the Accounts Payable Applications listing shows 4.8 from 13 reviews.Read 15 Oct 2026 · gartner.com
Rating on GetApp: 4.8 out of 5 from 81 reviews.Read 15 Oct 2026 · getapp.com
SDKs and examples: The legacy API reference documents ready-to-run bindings or examples for Shell, Ruby, Golang, Java, C#, and Python.Read 15 Oct 2026 · app.nanonets.com
Security controls: Official AP materials list SAML/OIDC SSO, SCIM provisioning, RBAC, audit logs, IP allow-listing, AES-256 at rest, TLS 1.3 in transit and customer-managed keys.Read 15 Oct 2026 · nanonets.com

Plans and prices

Starter paid usage $100 a month $100/month for 100 credits 100 credits Read 23 Sep 2026 · nanonets.com

Starter Free $50 in credits to start; then $100/month for 100 credits Data extraction AI · API access · Email integration · Cloud storage connectors · Up to 3 users · Community support Read 15 Oct 2026 · nanonets.com

Enterprise Priced on request Custom; tailored to volume Growth features · SAML SSO and SCIM · RBAC · HIPAA and SOC 2 compliance · Private cloud/on-prem deployment · US/EU/APAC data residency · Salesforce, SAP and Oracle connectors · Dedicated support and SLAs · Audit logs/SIEM · Whitelabel UI Read 15 Oct 2026 · nanonets.com

Growth Priced on request Contact us for a quote Starter features · Classification AI · Barcode/signature detection · Generative AI blocks · Custom Python blocks · ERP/database integrations · Custom integrations · Analytics · Team credit sharing · Up to 40% volume discount Read 15 Oct 2026 · nanonets.com

Every Nanonets Accounts Payable Automation plan and price →

Strong points and limits

Strong points

Ingests email, PDF, scanned paper, EDI, and portal documents
Supports two-way and three-way matching
Routes low-confidence cases to human reviewers
Posts validated data to ERP with an audit trail
Starts with $50 in free credits and no card required

Limits

Payment execution is not supported
Pricing is based on workflow block runs
Starter includes up to 3 users
Enterprise support and SLAs are listed under Enterprise

Who it suits

It is aimed at teams handling document-heavy business processes, including accounts payable, from smaller companies through Fortune 500 enterprises. It may suit teams that need ERP posting with review for exceptions.

Nanonets Accounts Payable Automation in depth

Read the full write-up

Nanonets Accounts Payable Automation is an AI-driven system for collecting, checking, and routing supplier invoices before posting approved data to an ERP. It is best suited to teams with document-heavy AP workflows and rules that need consistent enforcement. Its broad intake and exception handling are useful, but it does not execute payments.

Overview

The product coordinates AP work around supplier terms, tolerance tables, coding rules, and approval matrices. It goes beyond invoice-field extraction: it validates documents, pauses for human decisions when confidence is low or policy rules fail, then posts data after checks pass. That makes it a stronger fit for organizations seeking controlled invoice processing than for buyers looking for an end-to-end payment platform.

Key features

Invoice intake and validation

Nanonets accepts vendor emails, PDFs, scanned paper, EDI feeds, and supplier portal documents without templates. It supports two-way and three-way PO matching, business-rule-based GL coding, duplicate detection, and fraud checks. This range can accommodate mixed supplier channels, while the review process still leaves people responsible for uncertain cases.

Human review and ERP posting

Low-confidence matches and policy exceptions go to a reviewer with the document, the failed rule, and context; processing waits for a decision. That pause is a useful safeguard where exceptions should not be silently passed through, though it means the workflow still depends on timely human review. Once checks pass, validated data is posted to the ERP with an audit trail.

Integrations and controls

Pre-built connectors cover SAP S/4HANA, Oracle, NetSuite, Dynamics 365, QuickBooks, Xero, and Sage, with webhooks and REST support for other integration routes. Security controls include SAML, OIDC, SCIM provisioning, role-based access, audit logs, private deployment options, data residency, AES-256 encryption at rest, and TLS 1.3 in transit. Nanonets states that it is SOC 2 compliant and ISO/IEC 27001 certified; SOC 2 Type I and Type II reports are available upon request.

Pricing

Nanonets uses freemium pricing, with paid usage from $100/mo. Every account starts with $50 in free credits and no card is required; Nanonets describes this as a free trial. The Starter plan supports up to 3 users and includes community support. Starter paid usage is $100 a month, billed $100/month for 100 credits.

Charges are based on workflow block runs: $0.02 per simple operation run, $0.10 per standard AI run, and $0.30 per complex AI run. Typical invoice processing uses 4–6 blocks per document, so the credit allowance and workflow mix matter when estimating volume. The entry usage tier gives a defined 100-credit allotment, but teams processing many documents should check expected run consumption before committing.

Growth has custom pricing based on volume and adds ERP and database integrations, custom integrations, AI reporting and analytics, and team-wide credit sharing. It is the more appropriate tier for teams needing shared usage and broader integration or reporting capabilities. Enterprise also has custom pricing, with private cloud or on-prem deployment, SAML SSO and SCIM, dedicated support and SLAs, and data residency; those controls and service commitments make it the tier for organizations with stronger deployment or support requirements.

Platforms

Nanonets is available on the web and through an API. It is not a payment-execution product, so teams need a separate way to send supplier payments.

Who it's for

Nanonets is aimed at teams of different sizes, from smaller companies to Fortune 500 enterprises, that handle document-heavy AP. It is most compelling where invoices arrive through varied channels and matching, coding, exception review, and ERP posting are the central needs. Buyers whose main requirement is payment execution should look elsewhere or pair it with another service.

Pros and cons

Pros

Broad invoice intake: Email, PDFs, scans, EDI, and supplier portals are supported without templates, helping teams consolidate varied document sources.

Controlled exceptions: Reviewers receive the document and reason for an exception, and the agent waits for a decision instead of continuing automatically.

ERP coverage and audit trail: Named connectors span major accounting and ERP systems, and validated postings retain an audit trail.

Enterprise controls: Identity provisioning, encryption, deployment choices, and stated compliance credentials support organizations with security and governance needs.

Cons

No payment execution: The workflow can reach posting and payment-run preparation, but does not send payments.

Usage-based budgeting: Per-run charges and the typical 4–6 blocks per invoice make actual document volume and workflow complexity important to the bill.

Several tiers require a quote: Growth and Enterprise use custom pricing, so buyers seeking a fixed quote for broader capabilities must contact Nanonets.

Alternatives

For a broader category comparison, browse Accounts Payable Automation Software, AI Invoice Processing Software, AI Document Processing Software, Intelligent Document Processing Software, AI OCR Software, and Accounts Payable Software.

BILL Accounts Payable is worth considering if you want an AP and AR subscription and mobile apps alongside web and API access; it has no free plan and Essentials is $49 a month.

Ramp Bill Pay may suit teams prioritizing a no-monthly-software-fee free plan that includes bill pay, though payment fees vary by method and certain ERP integrations require Ramp Plus.

Rho is an option for buyers seeking a free subscription, per-user, and platform-fee structure, with a 1% foreign-currency transfer fee.

Zahara is an alternative for teams that want a defined Teams package at £159 a month, with up to 10 users, 120 purchase orders per month, and 250 AI-read invoices.

Circulus is an alternative for buyers comparing paid AP automation with per-payment usage fees.

Zoho AP Automation is an alternative for teams willing to consider a Premium plan billed annually per user with a minimum of 3 user licenses.

Settle may fit teams seeking a free Launch tier with unlimited seats and transactions; international wires cost $15.00.

Tungsten Power PDF is a different kind of option for buyers whose need is a Windows desktop PDF editor rather than AP workflow automation.

Verdict

Choose Nanonets when invoice intake, matching, policy checks, human exception review, and ERP posting are the AP work you want to automate across varied document sources. Its strongest case is the combination of flexible intake and controlled handoffs into established systems. Look elsewhere if sending payments is central, or assess the credit economics carefully if invoice volumes and workflow complexity are high.

Verdict

Nanonets covers invoice intake, validation, review, and ERP posting, while leaving payment execution out of scope. Review the per-run pricing and credit allowance against expected document workflows.