Indian Invoices - UiPath AI ML Document Understanding or Abbyy FlexiCapture Invoices

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1

Hello,

We are building a business use case to process invoices with a volume of 250K per year.
I am trying to understand which will be the right tool to use for template-less data extraction from Invoices - using AI and ML.
UiPath will be primarily used for RPA, but from AI & ML point of view, what are the pros and cons of using the new UiPath AI services and Abbyy FelxiCapture for Invoices.
What are the issues faced in real time implementations for both the tool especially for Indian invoices?
If we go for UiPath AI Out of the box model, is it possible to retrain the model or a new custom model will have to be created? and UiPath licensing for this is based on volume of data?

Thanking you in advance for your expert opinions!

2

Hey Jignesh, I invite you to test the Indian invoices on Nanonets cognitive OCR platform. We also have a native UiPath connector: NanoNets OCR - RPA Component | UiPath Marketplace

Happy to help if you face any challenges.