Question: Is there a way to automate 100% of our invoice processing, freeing up staff from manual work and increasing productivity in our accounts payable department?

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Basware

If you want to automate 100% of your invoices and liberate your employees, Basware could be a good choice. This cloud-based purchase-to-pay and e-invoicing service uses AI and machine learning to automate PO-based, non-PO-based, recurring and invoiced-with-additional-charges invoices. It can handle global compliance and integrates with more than 250 ERPs, so Basware can deliver true touchless invoice processing and actionable AP insights. It scales to your business needs with a subscription-based pricing model.

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Vic.ai

Another good choice is Vic.ai. This intelligent accounting service uses AI to boost financial productivity with automated invoice processing, PO matching, approval workflows and even automated payments. It integrates with big-name ERP systems and accounting software, and benefits include 5x faster invoice processing and an 85% no-touch rate that can dramatically reduce manual labor and help finance teams make better decisions.

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HighRadius

If you want more automation, HighRadius offers an autonomous finance platform that spans several financial operations, including Accounts Payable. It offers AI-based invoice processing, along with other tools like cash application management, deductions management and electronic invoicing. HighRadius integrates with many ERPs and third-party systems, and its goal is to help you improve working capital, lower Days Sales Outstanding and increase productivity across your financial operations.

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Esker

Last, Esker automates a lot of business processes, including Accounts Payable, with its document automation and order management software. It automates repetitive tasks across the entire business process, from sourcing to collections management, and offers a unified interface for centralized data management. Esker's platform supports multi-ERP integration, artificial intelligence and mobile apps, so it's a good choice to boost productivity and customer satisfaction.

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