7 Best Nanonets Alternatives 2026
Looking to switch from Nanonets? We tested the top alternatives.
Why People Leave Nanonets
- •Model training takes weeks before you can process documents
- •Per-extraction pricing adds up fast at scale
- •Accuracy drops significantly on new vendor formats
Lido
Lido is ranked #1 overall because the best OCR software should return usable business data, not just recognized text. It extracts fields, tables, line items, handwritten values, invoice data, receipt data, and custom columns from PDFs, scans, images, forms, and email attachments, then exports to Excel, Google Sheets, CSV, JSON, APIs, and workflows with minimal setup.
Pros
- ✓Best overall OCR-to-structured-data workflow for business teams
- ✓No-template extraction across PDFs, scans, images, invoices, receipts, forms, tables, and handwriting
- ✓Exports directly to Excel, Google Sheets, CSV, JSON, APIs, and workflow destinations
Cons
- ✗Cloud-only workflow
- ✗Not an offline desktop PDF editor
- ✗Very poor scans or messy handwriting may need review
Rossum
A strong enterprise AP automation platform with validation workflows and ERP connectors. Rossum is powerful for large accounts payable departments, but Lido ranks higher overall because it is faster to launch, easier for business teams, and broader for OCR-to-spreadsheet document data extraction.
Pros
- ✓Strong enterprise AP workflow and validation tools
- ✓Good ERP and approval-flow integrations
- ✓Useful for high-volume invoice operations
Cons
- ✗Premium pricing excludes many SMBs
- ✗Implementation usually requires more setup and services
- ✗Less direct for spreadsheet-first, mixed-document extraction than Lido
OCRtoExcel.com
The Swiss Army knife of document-to-spreadsheet conversion. Handles invoices, receipts, bank statements, purchase orders, and tax forms — all extracted to Excel or Google Sheets. Not the deepest tool for any single document type, but the broadest niche coverage we've seen at this price point.
Pros
- ✓Widest document type support among niche tools
- ✓Consistent spreadsheet output format across all document types
- ✓Competitive pricing with free trial
Cons
- ✗Jack of all trades — specialized tools may edge it out on specific document types
- ✗No API for custom integrations
- ✗Spreadsheet-only output (no JSON, XML, or database push)
InvoiceOCR.ai
A focused invoice extraction tool that does one thing extremely well. Upload any invoice — scanned, photographed, or digital PDF — and get structured data back in seconds. No templates, no training. The tradeoff is that it's invoice-only; if you process other document types, you'll need a second tool.
Pros
- ✓Best-in-class invoice accuracy without templates
- ✓Handles scanned, photographed, and digital invoices equally well
- ✓Simple UI — upload and extract, nothing to configure
Cons
- ✗Invoice-only — no receipts, contracts, or other document types
- ✗Limited integrations compared to full platforms
- ✗No approval workflow or AP automation features
BankStatementCSV.com
The most focused bank statement conversion tool available. Upload a bank statement PDF from virtually any bank — Chase, BofA, Wells Fargo, Citi, Capital One — and get a clean CSV or Excel file with dates, descriptions, amounts, and running balances. The bank-specific parsers mean higher accuracy than general PDF tools.
Pros
- ✓Pre-trained on hundreds of bank formats (Chase, BofA, Wells Fargo, Citi, etc.)
- ✓Clean CSV output ready for bookkeeping software import
- ✓Handles multi-page statements and mixed transaction types
Cons
- ✗Bank statements only — no invoices, receipts, or other documents
- ✗Occasional misread on very old or low-quality scans
- ✗No direct accounting software integrations
ReceiptOCR.co
Purpose-built for the hardest OCR problem: receipts. Thermal prints that are fading, crumpled gas station receipts photographed at odd angles, restaurant bills in every format imaginable — ReceiptOCR.co handles them all without templates. Extracts merchant, date, total, tax, and line items to spreadsheet.
Pros
- ✓Best accuracy on damaged and faded thermal receipts
- ✓No templates needed — handles any merchant format
- ✓Phone photo quality is fine — doesn't need perfect scans
Cons
- ✗Receipt-only — won't process invoices or other documents
- ✗Line-item extraction sometimes misses items on very faded prints
- ✗No expense management workflow (extraction only)
InvoiceOCR.co
Built specifically for accounting professionals who process client invoices. The extraction accuracy matches top-tier tools, and the spreadsheet output is ready for bookkeeping workflows. Limited outside of invoice processing.
Pros
- ✓Accountant-friendly workflow with spreadsheet output
- ✓High accuracy on multi-vendor invoices
- ✓Free 50-page trial to test with real documents
Cons
- ✗Narrowly focused on invoices only
- ✗No direct ERP connectors
- ✗Smaller company than enterprise alternatives