Question: I need a system that can automate invoice processing and reconciliation, eliminating manual errors, do you know of any?

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HighRadius

One of the best is HighRadius, an autonomous finance platform that uses AI to automate a range of financial tasks, including invoice processing, cash application and account reconciliation. HighRadius connects to many ERPs and banks to handle data exchange and reduce IT reliance, and it cuts down on human error and increases productivity.

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Basware

Another strong contender is Basware, a cloud-based purchase-to-pay and e-invoicing service. It automates complex invoicing tasks, including PO-based and non-PO-backed invoices, and offers 100% touchless invoice processing. The company has more than 40 years of experience and can integrate with 250+ ERPs, and it can help companies comply with regulations and expand globally.

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Vic.ai

Also worth considering is Vic.ai, an intelligent accounting service that uses AI to automate invoice processing. It includes features like autonomous invoice processing, PO matching and approval workflows. It can quickly connect to leading ERP systems to dramatically reduce manual labor and help businesses make better financial decisions.

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Osfin

If you're looking for a more all-purpose finance and accounting automation service, check out Osfin. It automates reconciliation, invoice processing and payouts, and has more than 30 integrations for real-time visibility into cash flow. Osfin is designed to make financial work more efficient and accurate, freeing up businesses from time-consuming and laborious tasks.

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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Esker

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

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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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Tesorio

Automates cash flow management with AI-driven invoice generation, supplier portal management, and collector tools, reducing manual work and improving forecasting.

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Coupa

Combines total spend management with community-generated AI and data to help businesses run efficiently, collaborate better, and grow faster.

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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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Booke

Automates bookkeeping tasks, extracting data from invoices and receipts in real-time, and categorizing transactions with AI-driven accuracy, saving at least 2 hours per client per month.

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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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Zamp

Achieve real-time cash visibility, automate optimization, and intelligent reconciliation to maximize working capital and make data-driven financial decisions.

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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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Fiskl

Automate financial management with AI-powered reconciliation, multi-currency support, and seamless integrations, saving up to 80% of reconciliation work.

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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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Tungsten Automation

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

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Sage

Automate routine tasks, gain real-time business insights, and make informed decisions with AI-driven finance solutions tailored to your business needs.

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Trullion

Automates financial processes, ensuring compliance, with AI-powered lease accounting, revenue recognition, audit, and data extraction capabilities for efficient accounting.

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JAGGAER

Automates procurement processes, including contract management and predictive analytics, to drive business profitability and optimize source-to-pay operations.

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Ivalua

Leveraging generative AI, this platform provides a unified source-to-pay solution, automating and optimizing procurement processes to increase efficiency and reduce costs.

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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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TurboDoc

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