Nanonets
AI document extraction and process agents that read invoices and finance documents and post them to Xero, QuickBooks, Sage and NetSuite.
About Nanonets
Nanonets builds AI agents and document extraction models for business processes, with accounts payable and finance operations among its main uses. It reads invoices, receipts and other documents, applies business rules, and passes the result to the finance system.
The vendor describes agents that act on their own when a confidence score is high and ask a person when it is not, learn from human corrections, and keep audit logs with approval gates. Integrations listed include Xero, QuickBooks, Sage and NetSuite, plus SAP, Oracle, Salesforce, Gmail and Slack, with MCP, REST and GraphQL access. The vendor states SOC 2 Type II and ISO 27001 compliance, GDPR alignment, and a choice of US, EU or APAC data residency on enterprise plans.
Nanonets names customers including Schneider Electric, Volkswagen, Mondelez and Ryanair, and claims use by 35% of the Fortune 500 and over 10,000 enterprises (vendor claim). Billing is usage based per block run, with $50 of free credits to start. It is positioned for finance teams and developers who want automation beyond simple capture.
Key Features
- AI extraction from invoices, receipts and finance documents
- Agents with confidence scores and human approval gates
- Connections to Xero, QuickBooks, Sage, NetSuite and ERPs
- Audit logs, role-based access and private deployment on higher plans
Our in-depth review
Nanonets is a general document and process automation platform that finance teams use for invoices and receipts. It is more flexible than a pure capture tool, and also more of a build-it-yourself product.
What it does well. The control model is sensible for finance work: confidence scores decide when an agent acts alone and when a person approves, and corrections feed back into the model. Integrations include Xero, QuickBooks, Sage and NetSuite, and the vendor states SOC 2 Type II and ISO 27001 compliance with US, EU or APAC data residency on enterprise plans. Named customers are large and recognisable, and the usage-based pricing means a small practice can start with $50 of free credits and no card.
Where it falls short. Pay per block run pricing is hard to forecast: simple, standard and complex runs cost different amounts, so a month of messy invoices may cost more than expected. The pricing page does not say whether customer data is used for model training, so ask for the data processing terms before sending client documents. The marketing is aimed at enterprises and developers, and a bookkeeping practice may find setup heavier than with an accountant-specific capture tool. Prices are shown in dollars without a stated currency, and support on the starter plan is community only.
Best for. Finance and operations teams, and larger accounting firms or in-house teams, that process varied documents and want workflow rules and approvals around extraction. It also suits teams with developers who can use the API. Allow time to set rules and test them on real documents before trusting automatic posting, because the quality of the result depends on how well the workflow is configured and reviewed.
Verdict. A capable, security-conscious extraction platform with credible customers. Trial it on your hardest invoice layouts, add up block run costs for a typical month, and compare it with Dext in this directory if you only need simple receipt and bill capture for small clients. Also check who owns the rules after go-live.
Nanonets pricing
Plans as published on the vendor's site, checked 2026-11-05. Practice and partner pricing is often lower.
| Plan | Price | Billed | Includes |
|---|---|---|---|
| Starter | $100 a month for 100 credits (after $50 free credits) | monthly | Data extraction AI, API access, email integration, cloud storage connectors, up to 3 users, community support |
| Growth | On request | monthly | Classification AI, generative AI blocks, ERP and database integrations, AI reporting, credit sharing, volume discount |
| Enterprise | On request | monthly | Single sign-on, role-based access, SOC 2 and HIPAA, private cloud or on-premises, data residency, SLAs, audit logs |
Free trial: $50 free credits, no card required
Who Nanonets is for
Finance and operations teams, larger firms and developers who process varied invoices and finance documents and want confidence-based approvals and ERP posting to Xero, QuickBooks, Sage or NetSuite. The usage-based plan lets a team start small.
Look elsewhere if: Small bookkeeping practices wanting plug-and-play receipt capture may find it heavier than accountant-specific tools, and anyone needing a stated no-training AI commitment should ask the vendor.
Compared with the nearest alternatives
The closest scored tools in Data entry & receipts. Scores are independent and never for sale.
| Tool | Score | From | Best for | In one line |
|---|---|---|---|---|
| Nanonets | 4.1 / 5 | $100 a month | All sizes | AI document extraction and process agents that read invoices and finance documents and post them to Xero, QuickBooks, Sage and NetSuite. |
| Dext | 4.7 / 5 | £12.5 a month | All sizes | The UK default for receipt, invoice and statement capture, now with AI Assist automations and MTD for Income Tax |
| StatementEdge | 4.2 / 5 | €19 a month | 2–10 | Converts PDF and scanned bank statements into balance-checked CSV, Excel, QBO, Xero, Sage 50 and OFX files |
| AvidXchange | 4.1 / 5 | On request | 50+ | US accounts payable automation covering invoice capture, AI approvals, PO matching and supplier payments |
Ready to try Nanonets?
Check the current plans, free plan or trial on Nanonets's own site.
Common questions about Nanonets
What does Nanonets do?
Nanonets builds AI agents and document extraction for business processes. In finance it reads invoices, receipts and other documents, applies your rules, and sends results to systems such as Xero, QuickBooks, Sage and NetSuite. The vendor says agents ask a person when their confidence is low.
Does Nanonets connect to Xero, QuickBooks and Sage?
Yes, the vendor lists Xero, QuickBooks, Sage and NetSuite under its ERP and finance integrations, alongside SAP, Oracle and Salesforce. It also offers MCP, REST and GraphQL connections. Enterprise plans add Salesforce, SAP and Oracle connectors.
Is there a free trial for Nanonets?
Yes, the vendor gives every account free starter credits with no card required. After that the Starter plan is prepaid credits, billed per block run by complexity, and the credits do not expire. Growth is volume priced on request and Enterprise is custom.
How does Nanonets handle security and data location?
The vendor states SOC 2 Type II and ISO 27001 compliance and GDPR alignment, with HIPAA support on enterprise plans. Data residency can be pinned to the US, EU or APAC, and private cloud or on-premises deployment is offered. We did not find a statement on AI training.
How much does Nanonets cost?
Usage based: $50 free credits, then $100 a month for 100 credits on Starter; Growth and Enterprise on request. We last checked the price on 5 November 2026. See current pricing on Nanonets's site.
Who is Nanonets best for?
Finance and operations teams, and larger accounting firms or in-house teams, that process varied documents and want workflow rules and approvals around extraction. It also suits teams with developers who can use the API. Allow time to set rules and test them on real documents before trusting automatic posting, because the quality of the result depends on how well the workflow is configured and reviewed.
Is Nanonets worth it?
We score Nanonets 4.1 out of 5. A flexible, security-conscious extraction and agent platform, best for teams that can configure workflows and check run costs.
What are the alternatives to Nanonets?
The highest-scored alternatives in Data entry & receipts are Dext (4.7/5), StatementEdge (4.2/5), AvidXchange (4.1/5), Lightyear (4.1/5) and Clerked (4.1/5). Compare them side by side.
Answers checked 5 November 2026.
At a glance
- Category
- Data entry & receipts
- Best for
- All sizes practice
- Editor's score
- 4.1 / 5
- Pricing
- Usage based: $50 free credits, then $100 a month for 100 credits on Starter; Growth and Enterprise on request.
- Client data hosted
- US, EU or APAC data residency, private cloud or on-premises on enterprise plans
- Trains AI on your data
- Not stated
- Ledger access
- Not stated
- Customers
- "Used by 35% of the Fortune 500 and 10,000+ enterprises" (vendor claim)
- Last verified
- 2026-11-05
A flexible, security-conscious extraction and agent platform, best for teams that can configure workflows and check run costs.
As stated on the vendor's site on 2026-11-05. Not stated means the vendor does not say.
Integrations
- Xero
- QuickBooks
- Sage
- NetSuite
- SAP
- Oracle
- Salesforce
- Gmail
- Slack
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