If you're looking for an AI-powered platform to boost real-time analytics and predictions for invoice processing and team performance, Vic.ai is a top contender. It automates and optimizes invoice processing, including autonomous PO matching, approval workflows and AI-driven insights to increase financial productivity. The platform integrates with leading ERP systems, offering benefits such as 5x faster invoice processing and an 85% no-touch rate, making it a good fit for finance teams looking to minimize manual labor and improve financial decision-making.
Another contender is HighRadius, an all-purpose autonomous finance platform that can help with a range of financial tasks like Order-to-Cash, Treasury and Accounts Payable. It uses AI to automate tasks like cash application, deductions management and electronic invoicing, and also offers AI-powered invoice processing. HighRadius can connect to multiple ERPs and banks, helping companies improve working capital, lower Days Sales Outstanding and increase productivity.
For global companies, Basware offers a cloud-based purchase-to-pay and e-invoicing system that automates complex invoice processes. With AI and machine learning, it offers 100% touchless invoice processing, actionable AP insights and detailed spend visibility. It can handle a variety of invoice types and connects to more than 250 ERPs, making it a good option for companies trying to cut costs and better manage spending.
Last, Glean.ai offers smart insights and visibility into spending through AI-driven accounts payable automation. It offers features like data extraction, bill approval and detailed data benchmarking to help companies negotiate better prices with suppliers. It connects to general ledger systems like QuickBooks and Oracle NetSuite, so it's good for companies of all sizes looking to free up time and resources while improving financial planning.