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Best AI tools to extract data from invoices and documents

Short answer

Rossum ranks #1 for extract data from invoices and documents (score 8.4/10). Pricing: Starter from $18,000/yr; free tier: no. Runners-up: Nanonets, Docparser.

Top 5, ranked by our published rubric. Sponsorship never affects the order. Last updated 2026-10-13.

Compare the top 5 side by side
#ToolScorePricingPaid fromFree tierWhat it is
1Rossum8.4From $18,000Starter from $18,000/yrnoAI document processing for transactions
2Nanonets7.5From $100From $100/month as listedUnverifiedAI document data extraction
3Docparser7.1From $39From $39/month as listedUnverifiedExtract data from PDFs
4Dext6.8From $13From $13/mo, or pay-as-you-go from $0.32/documentnoReceipt and invoice data capture
5Vic.ai5.3CustomCustom (contact sales)noAI accounts payable automation

AI document processing for transactions

Score 8.4/10Paid from: Starter from $18,000/yrFree tier: noLast verified 2026-10-13

Why ranked: Its own site says: “Automate complex transactional workflows with Rossum’s AI document processing solution.” We placed it 1st of 5 on fit for this task. No free plan confirmed; paid from Starter from $18,000/yr.

Fit 10.0 · value 3.8 · breadth 10 · availability 10 (how we score) · pricing source · site live

AI document data extraction

Score 7.5/10Paid from: From $100/month as listedFree tier: UnverifiedLast verified 2026-10-13

Why ranked: Its own site says: “Nanonets automates messy manual processes including accounts payable, claims processing, order management, and more, and delivers clean data to systems of record like SAP, Salesforce, and more.” We placed it 2nd of 5 on fit for this task. No free plan confirmed; paid from From $100/month as listed.

Fit 8.5 · value 4.4 · breadth 8 · availability 10 (how we score) · pricing source · site live

Extract data from PDFs

Score 7.1/10Paid from: From $39/month as listedFree tier: UnverifiedLast verified 2026-10-13

Why ranked: Its own site says: “Docparser helps you extract important data from Word, PDF, CSV, XLS, TXT, XML, and image files.” We placed it 3rd of 5 on fit for this task. No free plan confirmed; paid from From $39/month as listed.

Fit 7.0 · value 5.6 · breadth 8 · availability 10 (how we score) · pricing source · site live

SPONSORED Your tool here: paid placement is shown here, separate from the ranking, and never changes the order. Advertise

Receipt and invoice data capture

Score 6.8/10Paid from: From $13/mo, or pay-as-you-go from $0.32/documentFree tier: noLast verified 2026-10-13

Why ranked: Its own site says: “Dext automates bookkeeping from invoice to payment, with AI at its core.” We placed it 4th of 5 on fit for this task. No free plan confirmed; paid from From $13/mo, or pay-as-you-go from $0.32/document.

Fit 5.5 · value 6.2 · breadth 10 · availability 10 (how we score) · pricing source · site live

AI accounts payable automation

Score 5.3/10Paid from: Custom (contact sales)Free tier: noLast verified 2026-10-13

Why ranked: Its own site says: “Revolutionize AP with Vic.ai, the AI-first AP automation software.” We placed it 5th of 5 on fit for this task. No public price (sales-led).

Fit 4.0 · value 4.4 · breadth 8 · availability 10 (how we score) · pricing source · site live

FAQ

What is the best AI tool to extract data from invoices and documents?

By TaskRanking's published rubric, Rossum ranks first, followed by Nanonets and Docparser.

Is there a free AI tool to extract data from invoices and documents?

None of the top 5 had a confirmed free tier when we checked on 2026-10-13.

How are these tools ranked?

Score = 50% fit, 25% value (from vendor pricing pages), 15% breadth, 10% availability. Sponsorship never affects rank.

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