If you're looking for a platform to automate financial workflows and cut out manual data entry errors, Ramp is worth a look. It combines corporate cards, travel, expenses and accounts payable with automated expense reports and AI-driven workflows to keep things from going wrong. Ramp says it can cut expenses by an average of 5% and integrates with accounting systems, so it's good for companies with a few or a few thousand employees.
Another contender is Paymerang, which uses AI and machine learning to automate accounting processes. It handles invoice processing, payment and receivables, and integrates with accounting systems like QuickBooks and Oracle Netsuite. Paymerang says it can cut processing time and errors and offers real-time visibility and control over spending, making it good for today's modern business.
If you have more specific automation needs, Osfin offers a single platform for finance and accounting. It automates reconciliation, invoice processing and payouts, using more than 30 integrations and AI-augmented smart invoice processing. Osfin offers real-time visibility into internal databases and payment gateways, and financial services companies can use it to reduce the time and effort spent on financial operations.
Also worth considering is Lucanet's CFO Solution Platform, which can automate financial consolidation, planning and reporting. It integrates with more than 300 systems and can produce financial reports that are ready for compliance. Lucanet's platform is highly usable and can handle global financial operations, offering a good option for achieving transparency, accuracy and compliance.