Question: Do you know of a system that can help us streamline our accounts payable process, and also provide features like AI-based data extraction and automated GL coding?

If you want a system to automate your accounts payable process and take advantage of AI-based data extraction and automated GL coding, Yooz is well worth a look. Yooz is a cloud-based system that automates procure-to-pay, with real-time automation and AI-based data extraction. It also offers automated GL coding and PO matching, and integrates with more than 250 financial management systems. The system includes document management and is designed to help finance teams go paperless and get the best return on investment.

Another good option is Stampli, an AI-based AP automation system that consolidates AP communications, documents and workflows. Stampli integrates with more than 70 ERPs and uses an adaptive AI bot to automate work, making it good for companies of all sizes. It also offers flexible payment options and cashback rewards to ensure accuracy and control from invoice creation to payment.

If you prefer a more analytical approach, Glean.ai offers AI-based insights and visibility into spending so you can make more informed financial decisions. It automates tasks like data extraction and bill approval, and offers detailed data benchmarking to help you negotiate better prices with suppliers. Glean.ai integrates with general ledger systems like QuickBooks and Xero, so it's good for companies of all sizes.

Finally, Vic.ai is notable for its ability to speed up and simplify accounts payable with autonomous invoice processing and AI-based insights. It integrates with leading ERP systems and accounting software, and offers benefits like faster invoice processing and less manual labor. That makes it a good choice for finance teams that want to increase productivity and make better financial decisions.