AI-powered AP and Spend Automation

Invoice Management, AP Automation, and Payment Control Solutions.

Harness your invoice data to boost cash flow, improve vendor compliance,
and streamline operations.

Accurate

Powerful AI algorithms convert invoices and receipts into rich data sets for AP systems. Data integration modules deliver automated and accurate reconciliation.

Verified

Artificial Intelligence instantly cross-checks every field, generating an invoice log for enhanced AP automation. Discrepancies can be easily flagged prior to processing payables.

Intelligent

Verified data sets and reliable exception scores improve AP management by helping team members make smarter decisions faster. Robust BI and reporting enhance visibility into the AP process.

Itemize AP Automation

Boost Cash Flow

Accelerate your payables processing to capture Early Pay Discounts, reduce costs, and improve cash flow. Cut processing fees and unplanned expenses, eliminate errors and streamline payments processing.

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Improve Vendor Compliance

Automate the end-to-end AP process from invoice capture, matching, approval, and exception management, and provide critical analytics to ensure that organizations reduce risk and maintain vendor compliance.

Enhance Visibility

Gain better visibility to manage cash on hand and find opportunities to boost efficiencies. Use Accounts Payable (AP) data as your secret weapon to make smarter decisions.

Streamline Operations

Simplify and automate the AP process by removing paper and manual invoice keying, matching, and processing. End-to-end AP automation ensures your team is focused on high-value activities.

Itemize Invoice and Spend Automation

Document Inbox and Management

Streamline document ingestion with a centralized feed of transaction information. Intelligent filters automatically sort and pre-process documents.

Touchless Data Capture

AI-powered solution extracts, categorizes, and enriches intelligence from invoices and other B2B payables documents.

Smart Reconciliation

Three-way matching resolves discrepancies in invoices, POs, and payments. Avoid fraud, duplicates, and inaccurate payments.

Intelligent Risk Scoring

Establish document and vendor authenticity with robust risk scoring and exception management. Avoid mistakes and pay supplies on time.

Robust Reporting

Predefined reports, dashboards, and KPIs deliver spend visibility. Better manage cash flow and tune operational performance.

ERP Integrations

Out-of-the-box integrations make it easy to export data to ERP, AP, and accounting systems.

By the Numbers

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Early pay discounts
captured.

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Annual cash flow
gain.

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Savings from
preventing duplicates
and overpayments.

Highlights

CFO Guide: Data-Driven Approach Towards AP Automation

The true competitive advantage for any organization is access to data, and nowhere is this more true than in the finance department. However, translating data points into action remains less clear for CFOs and VPs of finance looking to solve payment challenges. Cross-border business, an ongoing pandemic, and narrowing margins in an uncertain economy only …

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Business Process Outsourcing For AP Data Capture

Over the decades, business process outsourcing (BPO) has shifted from primarily a cost-cutting measure to a method of supporting in-house staff. And with the ongoing labor shortage, offloading some of the responsibilities through outside expertise just makes sense. Already 57% of businesses outsource different processes to better focus on their core business functions and operations. …

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The Role of AI in Invoice Data Extraction

The task list for the average AP employee is growing rapidly. In 2021 alone, 77% of AP professionals found themselves tasked with processing invoices while less than one-third dealt with suppliers. This isn’t a surprise. After all, processing a single invoice from start to finish can take over a week. With 82% of invoices coming …

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AP Automation for Accounting Retention

The last few years have put pressure on accounting operations and highlighted the power of digitized departments. Prior to the pandemic, accounting departments across the globe were already stressed. A proliferation of manual tasks left them exhausted and wasted their talents. In fact, nearly 50% of small and mid-market businesses received paper invoices. Accounts payable …

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End-to-End Invoice Processing: The Power of Intelligent Automation

Intelligent automation – buzzword or asset? Like most financial technologies, it’s a little bit of both. How the technology is used, and what makes up a specific automation solution, is just as important as the implication of digital transformation. As a combination of different automation technologies, including artificial intelligence, robotic process automation (RPA), and optical …

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IOFM Town Hall: The Accounts Payable Automation Answer Forum

Seventy-one percent of accounts payable leaders say their department will automate further before year’s end. Even departments that describe themselves as “largely automated” plan to deploy more technology. But many accounts payable leaders are unsure of the best technologies and approaches to automation to use. Many are wondering what to do with their existing invoice …

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