Question: I'm looking for a platform that automates invoice processing and reduces errors, can you suggest something?

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Basware

If you want a platform that automates invoices and cuts down on errors, Basware is a good option. It offers a cloud-based purchase-to-pay system that automates complex invoicing processes, including PO-based and non-PO-backed invoices, and has a broad range of integration with more than 250 ERPs. With AI and machine learning technology, it can offer touchless invoice processing and actionable AP insights, making it a good option for global businesses looking to improve spend visibility and compliance.

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Vic.ai

Another good option is Vic.ai, which uses AI technology to automate invoice processing and accounts payable. It offers autonomous invoice processing, PO matching, automated payments and AI-driven data insights to help speed up and simplify invoice processing. Vic.ai also integrates with popular ERP systems, with a no-touch rate of 85% and a payback period of 7 months, making it a good option for finance teams looking for a high-performance solution.

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Paymerang

If you're looking for a more all-encompassing solution, check out Paymerang. The platform automates a variety of accounting processes, including invoice capture and routing, payment processing and receivables automation. It can integrate with a variety of accounting systems and more than 600,000 vendors, giving businesses real-time visibility and control over spend. Paymerang's focus on security and scalability means it's good for businesses in a variety of industries, including healthcare and non-profit organizations.

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Streamlined

Last, Streamlined offers an AI-powered order-to-cash solution for automating B2B invoicing and accounts receivable. Its features include automated invoicing, flexible payment options, real-time payment reconciliation and smart customer reminders. Streamlined integrates with popular e-commerce sites like Shopify and accounting software like QuickBooks, helping businesses cut down on manual invoicing work and improve cash flow efficiency.

Additional AI Projects

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Stampli

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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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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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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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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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Esker

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

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ABBYY

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Cradl AI

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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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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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Tungsten Automation

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

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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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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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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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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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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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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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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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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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UiPath

Automate and optimize knowledge work processes with AI-powered tools, including process mining, task mining, and document understanding, to drive efficiency and innovation.