If you're looking for another OpenEnvoy alternative, Basware is worth a look. This cloud-based purchase-to-pay and e-invoicing service streamlines complex invoicing processes, cuts costs and helps companies manage spending across multiple businesses. With more than 40 years of experience and connections to more than 250 ERPs, Basware offers 100% touchless invoice processing, actionable AP insights and detailed spend visibility. It's designed to scale and has won plaudits from industry analysts including Gartner and Forrester, so it's a good choice for companies trying to optimize financial operations.
Another option is Medius, a collection of AP automation software designed for midsize businesses. Medius automates invoice capture, processing and payment, lowering the risk of fraud and improving visibility into cash flow. Its features include payment automation, fraud detection, conversational AI assistance and real-time visibility into direct and indirect spend. With rapid deployment and minimal maintenance requirements, Medius offers a streamlined AP automation solution that can keep pace with your business needs.
If you're looking for an AI-powered AP automation platform, Stampli is a very versatile option. Stampli consolidates AP-related communication, documentation and workflows, and connects to more than 70 ERPs. It uses adaptive AI for automating tasks, vendor management, multi-entity support, and insights and analytics. With flexible payment options and cashback rewards, Stampli offers control and accuracy across the entire invoice lifecycle, making it a scalable and efficient option for companies of all sizes.