Question: Can you recommend a solution that automates repetitive tasks in procurement and accounts payable to increase productivity?

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Esker

Esker has a broad suite of document automation and order management software that spans the business lifecycle, including procurement, accounts payable and expense management. It automates sourcing, supplier management, contract management and payment processing to try to free up time, cut costs and improve customer satisfaction. Esker's software uses a global cloud foundation, artificial intelligence and multi-ERP integration, so it's a good option for companies that want to modernize their operations.

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Medius

Another option is Medius, which has a range of AP automation software for midsize businesses. Medius automates invoice capture, processing and payment to cut down on fraud risks and improve visibility into cash flow. It also has payment automation, supplier communication and expense management, all designed to reduce manual labor and improve decision-making with real-time visibility.

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Stampli

If you need an AP automation system that's deeply integrated, Stampli is a good option. Stampli centralizes AP communication and workflow, integrates with more than 70 ERPs, and has features like adaptive AI, multi-entity support and audit-ready access. It also offers flexible payment options and cashback rewards, making it a good option for companies that want to grow without having to worry about their AP software.

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Yooz

Last, Yooz has a cloud-based accounts payable automation platform geared for procure-to-pay operations. With real-time automation, AI-based data extraction and document management, Yooz can help companies save a lot of money and improve security. It's designed to automate AP operations, increase efficiency and support paperless operations.

Additional AI Projects

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Basware

Automates every invoice with AI-powered true automation, eliminating manual processes and providing 100% spend visibility and compliance across 50+ countries.

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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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Zycus

Automates procurement tasks, offers advanced analytics, and improves supplier relationships, achieving 10X speed and efficiency in procurement processes.

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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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Paymode-X

Automates invoice-to-pay processes, extracting data from any source, ensuring data consistency, and offering secure electronic payment options with rebates and real-time tracking.

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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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Payhawk

Achieve 100% real-time visibility and control over operational spend, reducing manual work by 50% with automated workflows and customizable approval flows.

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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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Zip

Automates procurement processes, from intake to payment, providing visibility, control, and savings, with features like AI-powered invoice processing and customizable approval workflows.

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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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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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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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Vic.ai

Automates invoice processing, PO matching, and approval flows with high accuracy, reducing processing times and minimizing errors, while providing real-time data insights.

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Rossum

Automates complex transactional workflows, extracting data from varied formats and sources, and eliminating manual work to increase efficiency and accuracy.

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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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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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UiPath

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

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Paymerang

Automates invoice, payment, and receivables processes using AI, increasing efficiency, accuracy, and visibility, while freeing up time and resources for business growth.

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GEP

Unifies procurement and supply chain operations with AI-powered platforms, delivering efficiency, competitive advantage, and profitability through integrated source-to-pay and supply chain management.

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OpenEnvoy

Automate accounts payable with AI-driven invoice audit, reconciliation, and fraud detection, ensuring accuracy, efficiency, and cash flow optimization without disrupting operations.