If you want to automate and optimize your accounts payable process, Stampli is worth a look. The AI-powered platform consolidates AP-related communication, documentation and workflow, connecting to more than 70 ERPs to remove manual labor. It also has adaptive AI for automating tasks, centralized collaboration and powerful vendor management. The platform offers flexible payment options with Stampli Direct Pay and Stampli Cards, and it's good for companies of all sizes.
Another good option is Vic.ai, which automates and optimizes invoice processing with powerful AI. It can handle autonomous invoice processing, PO matching and approval workflows, and it connects to leading ERP systems. Vic.ai promises to increase financial productivity and decision-making with AI-based data insights and predictions, and it can cut manual labor by up to 90%.
If you want a suite of products, Medius offers a range of AP automation software designed to lower the risk of fraud and increase cash flow transparency. It automates invoice capture, processing and payment, and it includes features like conversational AI assistance, supplier conversations and real-time visibility into direct and indirect spend. It's designed to be easy to use and adaptable for midsize businesses.
Last, Paymode-X digitizes the entire invoice-to-pay process using machine learning and AI to capture and extract invoice data. It offers better security and speed, with features like interactive analytics dashboards and real-time reporting. Paymode-X also offers mobile app support and validates vendors using more than 300 data points to reduce fraud risk, and it's a good option for reducing manual errors and improving efficiency.