Question: I'm looking for an AP automation software that can streamline invoicing and payment processing, eliminating manual steps.

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Stampli

If you're in the market for AP automation software to handle invoicing and payments, Stampli is another contender. This AI-based platform consolidates AP-related communications, documents and workflows, integrates with more than 70 ERPs, and offers features like centralized collaboration, adaptive AI for automating tasks, and flexible payment options. It also offers Stampli Direct Pay for US and international payments and Stampli Cards for AP purchases and expenses to ensure accuracy and control from invoice creation to payment.

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Medius

Another strong contender is Medius, which offers a range of AP automation software for midsize businesses. It automates invoice capture and processing, eliminates manual work, and offers features like payment automation, fraud detection and conversational AI help. The platform also offers real-time visibility into direct and indirect spend and employee expenses so businesses can make more informed decisions with less administrative burden.

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Paymode-X

Paymode-X offers a more powerful AP automation option that digitizes the entire invoice-to-pay process with machine learning, AI and OCR. It captures and extracts invoice data accurately, offers electronic payment options, and offers interactive analytics dashboards and real-time reporting. The platform integrates with any GL via API or automated data transmission and can be used on a mobile app, so it's a good option for those who want a more comprehensive tool to improve efficiency and reduce fraud risk.

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Paymerang

Last, Paymerang offers a more general-purpose finance automation platform that uses AI and machine learning to simplify accounting. It automates invoice, payment and receivables processes, and earns cash-back rewards on virtual card purchases. The platform integrates with a variety of accounting systems and offers real-time visibility and control over spend, so businesses can better allocate resources and focus on growth.

Additional AI Projects

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Basware

Automates every invoice with AI-powered true automation, eliminating manual processes and providing 100% spend visibility and compliance across 50+ countries.

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Yooz

Automate the entire procure-to-pay process with real-time approval, AI-based data extraction, and seamless integrations, cutting costs by 80% and cycle time.

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Vic.ai

Automates invoice processing, PO matching, and approval flows with high accuracy, reducing processing times and minimizing errors, while providing real-time data insights.

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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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Esker

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

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HighRadius

Automates and optimizes financial operations, including Order-to-Cash, Treasury, and Record-to-Report processes, to reduce DSO, improve cash flow, and increase productivity.

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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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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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Coupa Supplier Management

Combines total spend management with community-generated AI and data to transform business operations, driving efficiency, productivity, and profitability.

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Sage Intacct

Automatically detects anomalies and streamlines month-end close processes with AI-powered general ledger, ensuring accuracy and reducing manual errors.

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Slope

Automates B2B payments and order-to-cash processes with flexible payment terms and embedded financing, ensuring a seamless customer experience.

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Quadient AR

Automates accounts receivable processes, providing real-time visibility and advanced analytics to optimize order-to-cash cycles and accelerate cash flow.

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Quadient

Automate and personalize customer communications, document preparation, and accounts payable/receivable processes, freeing staff from manual work and accelerating cash flow.

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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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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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Approveit

Automates approvals and streamlines processes across departments, increasing efficiency and control, with customizable workflows and AI-powered reporting capabilities.

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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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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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Growfin

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