Question: Is there a platform that provides AI-powered invoice processing and automated account reconciliation for general ledger accounts?

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HighRadius

If you're looking for a platform that offers AI-powered invoice processing and automated account reconciliation, HighRadius is a top pick. This autonomous finance platform can handle a range of financial tasks, including invoice processing and account reconciliation, with AI to boost productivity on many different tasks. It connects to many ERPs, banks and third-party systems to help you optimize working capital and speed up financial closes.

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Basware

Another strong contender is Basware. This cloud-based purchase-to-pay solution automates invoice processing, including PO-based and non-PO-backed invoices, and offers global compliance capabilities. Basware uses AI and machine learning for touchless invoice processing and actionable AP insights, connecting to more than 250 ERPs in 190 countries.

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Vic.ai

If you're looking for something more focused, Vic.ai is designed to optimize invoice processing and automate accounts payable processes. It uses powerful AI to increase financial productivity and revolutionize the accounting experience, with features like autonomous invoice processing and automated payments. Vic.ai connects to major ERP systems to reduce manual labor and improve financial decision-making.

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Osfin

Last, Osfin offers an all-in-one finance and accounting automation platform that automates reconciliation and invoice processing. With more than 30 integrations and AI-augmented smart invoice processing, Osfin ensures accurate document processing and real-time visibility of cash flows. This platform is designed to make financial operations more efficient and accurate for a range of industries.

Additional AI Projects

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Glean.ai

Automates and analyzes accounts payable processes, providing intelligent insights and visibility into spending patterns for better financial decision-making.

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Billtrust

Automates and integrates the entire order-to-cash process, minimizing friction and providing a seamless experience for finance teams through AI-infused AR solutions.

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Esker

Automates repetitive processes, providing better visibility, collaboration, and productivity, while cutting costs and improving customer satisfaction.

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Ocrolus

Converts unstructured financial documents into actionable data with industry-leading accuracy, enabling faster and more accurate decision-making.

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Streamlined

Automates and streamlines B2B invoicing and accounts receivable processes, providing a seamless customer experience and reducing operational overhead.

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Trullion

Automates financial processes, ensuring compliance, with AI-powered lease accounting, revenue recognition, audit, and data extraction capabilities for efficient accounting.

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Fiskl

Automate financial management with AI-powered reconciliation, multi-currency support, and seamless integrations, saving up to 80% of reconciliation work.

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Digits

Automates accounting tasks, providing rapid monthly close, instant reports, and live financial insights, enabling businesses to make more informed decisions.

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ABBYY

Automates document-based processes with 90%+ recognition accuracy, extracting insights from any document to inform real-time business decisions.

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Ramp

Automates expense management, travel, and accounting processes, providing real-time visibility and AI-powered workflows to prevent errors and overspending.

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Sage

Automate routine tasks, gain real-time business insights, and make informed decisions with AI-driven finance solutions tailored to your business needs.

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FinFloh

Automates and optimizes accounts receivable processes, accelerating collection, and cash application, while providing data-driven insights for better credit decisions and dispute resolution.

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Cradl AI

Automates internal document workflows by extracting data from complex documents in seconds, allowing teams to focus on high-priority work.

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Ivalua

Leveraging generative AI, this platform provides a unified source-to-pay solution, automating and optimizing procurement processes to increase efficiency and reduce costs.

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Nanonets

Automate data extraction from unstructured sources, leveraging AI-driven workflows to extract, enrich, and validate information, freeing employees from repetitive tasks.

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Growfin

Automates accounts receivable workflow with AI-based account prioritization, precision dunning, and real-time tracking, reducing manual work and days sales outstanding.

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JAGGAER

Automates procurement processes, including contract management and predictive analytics, to drive business profitability and optimize source-to-pay operations.

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Automation Anywhere

Combines AI, automation, and RPA to create custom agentic automations, speeding up the automation lifecycle and optimizing processes across multiple systems.

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UiPath

Automate and optimize knowledge work processes with AI-powered tools, including process mining, task mining, and document understanding, to drive efficiency and innovation.

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ArkiFi

Automates finance workflow tasks, eliminating manual errors and freeing professionals to focus on strategic, high-level thinking and innovation.