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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Automating accounts payable processes is possible with Accounts Payable Automation. AP Automation can eliminate manual data entry, making it more efficient, error-free, and providing better control and visibility over invoice data. Our Accounts Payable Automation software allows for a seamless experience in invoice processing. This workflow is easy to set up and allows you to route exceptions or approvals to the appropriate department and managers within your company. Intertec's AP Automation makes it easier for accounts payable to become paperless and more productive. AP Automation allows you to scan paper-based invoices, convert them into digital format or images, use OCR to capture all details, perform 3-Way match verification based upon PO, invoice, and receipt data, route it to the appropriate approvals, and then populate the data into your accounting system. This makes the entire AP process much more efficient and precise.

Description

LayerNext is an innovative financial operations platform designed specifically for mid-market and enterprise finance teams, leveraging AI to streamline processes. It simplifies tasks such as accounts payable, bank reconciliation, and financial reporting across diverse environments, including cloud, desktop, legacy, and tailored systems. The platform's accounts payable functionalities efficiently handle invoice data by matching it with purchase orders and receipts, facilitating approval routing, and posting verified entries into an ERP system. Additionally, reconciliation agents effectively compare transactions with bank data or uploaded statements, while comprehensive reporting workflows compile financial insights from various connected sources. Users have the flexibility to customize business rules, establish approval chains, set tolerances, and manage exception handling. Human oversight is maintained through structured approval steps and validation checks, with detailed activity records readily accessible for audits. For organizations lacking API capabilities, agents can still function effectively via the application interface. LayerNext is particularly beneficial for organizations that deal with intricate finance workflows, elevated transaction volumes, or operate legacy systems, ultimately enhancing operational efficiency and accuracy in financial management. Its ability to adapt and integrate with various systems makes it a versatile solution for modern finance teams.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Microsoft Dynamics 365 Yes 
Epicor Eagle No 
FieldServio No 
FreshBooks No 
JD Edwards EnterpriseOne Yes 
NetSuite No 
Oracle Fusion Cloud Financials Yes 
QuickBooks Online No 
Xero No 

Integrations

Microsoft Dynamics 365 Yes 
Epicor Eagle Yes 
FieldServio Yes 
FreshBooks Yes 
JD Edwards EnterpriseOne No 
NetSuite Yes 
Oracle Fusion Cloud Financials No 
QuickBooks Online Yes 
Xero Yes 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

Enterprise pricing includes an implementation fee and a recurring subscription tailored to automation scope and transaction volume.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Intertec Systems

Founded

1991

Country

United Arab Emirates

Website

www.intertecsystems.com/invoice-processing-automation

Vendor Details

Company Name

LayerNext Inc.

Founded

2022

Country

United States

Website

www.layernext.ai

Product Features

Accounts Payable

Approval Process Control Yes 
Bank Reconciliation Yes 
Cash Management Yes 
Check Writing No 
Duplicate Payment Alert Yes 
Fraud Detection Yes 
General Ledger Entry Yes 
Vendor Management Yes 

Product Features

Accounts Payable

Approval Process Control No 
Bank Reconciliation No 
Cash Management No 
Check Writing No 
Duplicate Payment Alert No 
Fraud Detection No 
General Ledger Entry No 
Vendor Management No 

Alternatives

Alternatives

No Alternatives