Question: Is there a tool that can help us automate invoice approval and payment processing, and also provide secure document storage?

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Basware

Basware is a full-featured cloud-based purchase-to-pay and e-invoicing system that automates complex invoicing. It has features like up to 100% touchless invoice processing, actionable AP insights, and 100% spend visibility across more than 50 countries. With its global compliance capabilities and deep integration with more than 250 ERPs, Basware is designed to grow with businesses of all sizes.

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Stampli

Another good option is Stampli, an AI-powered Accounts Payable (AP) automation platform that consolidates AP-related communication, documentation and workflows. Stampli integrates with more than 70 ERPs, eliminates manual tasks, and has features like adaptive AI for automating tasks, vendor management, and flexible payment options like Stampli Direct Pay and Stampli Cards. That means it's good for companies of all sizes trying to free up time and resources.

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Vic.ai

Vic.ai is also worth a look, as it automates and optimizes invoice processing with powerful AI. It includes autonomous invoice processing, PO matching and approval workflows, as well as automated payments. Vic.ai integrates with leading ERP systems and accounting solutions, providing benefits like faster invoice processing and less manual labor.

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Yooz

If you're looking for a tool that automates AP and includes more advanced document management, Yooz could be a good option. This cloud-based system automates procure-to-pay with features like AI-based data extraction, automated GL coding and PO matching, and document management. Yooz has transparent pricing and is designed to help finance teams move to paperless operations and get the most out of their investment.

Additional AI Projects

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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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Streamlined

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

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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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Tungsten Automation

Automates tedious processes, delivering insights and improving operational efficiency, performance, and profitability.

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Osfin

Automate financial processes, from reconciliation to payouts, with AI-driven tools, integrating with various platforms for real-time visibility and efficient cash flow management.

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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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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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ABBYY

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

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TurboDoc

Automatically converts unstructured invoices and receipts into easily digestible data with high accuracy, streamlining business workflows and accounting processes.

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Document AI

Automates document processing, extracting data from various file formats, and validates it with custom rules, freeing you from manual labor and reducing errors.

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Procys

Automates document processing with high accuracy and speed, extracting data from various documents, including invoices and receipts, in three easy steps.

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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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airSlate

Automate document workflows, edit PDFs, and sign documents electronically with a suite of tools designed to boost productivity and collaboration.

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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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Laserfiche

Automate workflows, electronic forms, and document management, and accelerate business with AI-driven content summarization and process automation.

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DOConvert

Automatically extract data from complex documents, boosting productivity and saving time, with customizable outputs and seamless integration with leading ERP systems.

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Revver

Automates document workflows, including storage, data extraction, security, and governance, to increase productivity, improve collaboration, and ensure compliance.

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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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FormX

Instantly extract accurate data from documents with AI-powered automation, reducing errors and increasing productivity by up to 10 times.

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Extracta.ai

Automate data extraction from unstructured documents, including CVs, invoices, and contracts, with customizable templates and no training required.