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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Conterra FIM is an advanced software solution designed for automating accounts payable at an enterprise level, streamlining AP workflows while significantly lowering costs associated with each invoice processed. This robust tool offers a range of features including automated extraction of invoice data, three-way matching, simplified GL coding, vendor notifications, and much more. Organizations with over five accounts payable professionals processing upwards of 500 invoices each month will find this solution particularly beneficial, especially as their invoice volume continues to grow. Conterra FIM effectively captures various document types, such as emails, PDFs, e-invoices, and scanned paper, consolidating them into a central repository. The accounts payable process is initiated as soon as a new invoice is received through fax, email, or scanning, with up to 98% of the invoice data being automatically recognized thanks to cutting-edge optical character recognition (OCR) technology, thereby eliminating the need for manual data entry. Additionally, seamless integration with existing accounting software ensures that data only needs to be inputted once, further enhancing efficiency and accuracy in financial operations. This comprehensive approach not only boosts productivity but also provides businesses with better control over their accounts payable processes.

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 Yes 

Screenshots View All

Screenshots View All

Integrations

Epicor Eagle No 
FieldServio No 
FreshBooks No 
Microsoft Dynamics 365 No 
NetSuite No 
QuickBooks Online No 
Xero No 

Integrations

Epicor Eagle Yes 
FieldServio Yes 
FreshBooks Yes 
Microsoft Dynamics 365 Yes 
NetSuite Yes 
QuickBooks Online Yes 
Xero Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

299
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 No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

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

Customer Support

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

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

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

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

DIRECTUM

Founded

2011

Country

United States

Website

www.orienge.com/fim/

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 No 
Cash Management No 
Check Writing No 
Duplicate Payment Alert Yes 
Fraud Detection No 
General Ledger Entry No 
Vendor Management Yes 

Product Features

Accounts Payable

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

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