If you want to automate PO matching and approval workflows, Vic.ai is a good option. The intelligent accounting platform uses AI to increase financial productivity and transform accounting. It includes autonomous invoice processing, PO matching and approval workflows that can greatly streamline and speed up your accounts payable processes. Vic.ai integrates with major ERP systems and has been shown to process invoices 5x faster and with an 85% no-touch rate.
Another powerful option is JAGGAER, an end-to-end procurement software platform that automates procurement processes, including PO matching and approval workflows. JAGGAER offers features like cost optimization, supply chain resilience and spend analytics that can help drive organizational profitability. It integrates with ERP systems and can be customized to meet the needs of each business, making it a good choice for large enterprises looking to modernize procurement.
For a more complete solution, check out Coupa, a cloud-based spend management platform that offers AI-driven automation in procurement, supply chain, finance and IT. Coupa offers AP automation, procure-to-pay and supply chain collaboration that can help businesses achieve greater efficiency and visibility into global cash positions. It's designed to help businesses transform their operations by using AI to unlock new levels of performance and growth.
Last, Basware offers a cloud-based purchase-to-pay and e-invoicing solution that automates complex invoice processes. It handles PO-based and non-PO-backed invoices, recurring invoices and offers global compliance capabilities. With features like 100% touchless invoice processing and actionable AP insights, Basware can help businesses cut costs and improve spend visibility, making it a good option for businesses looking to improve accounting workflow efficiency.