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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Advanced AI algorithms transform invoices and receipts into comprehensive data sets tailored for accounts payable (AP) systems. Integration modules ensure precise and automated reconciliation of financial data. With the power of Artificial Intelligence, each field is cross-verified instantly, creating a detailed invoice log that bolsters AP automation. Any discrepancies can be swiftly identified before the payables are processed, leading to enhanced accuracy. Reliable data sets, along with trustworthy exception scores, empower team members to make faster, more informed decisions regarding AP management. Comprehensive business intelligence and reporting tools provide greater transparency into the accounts payable workflow. By speeding up the processing of payables, organizations can take advantage of Early Pay Discounts, minimize costs, and enhance cash flow. Additionally, reducing processing fees and unexpected expenses while eliminating errors streamlines the payment process. The entire AP cycle can be automated, from invoice capture and matching to approval and exception management, while delivering essential analytics that help organizations mitigate risks and ensure vendor compliance. This holistic approach not only enhances operational efficiency but also strengthens financial oversight.

Description

The Automation Solution for Accounts Payable, developed on the Kofax TotalAgility framework, provides unparalleled touchless AP automation through advanced cognitive invoice capture, seamless integration with ERP systems, and automated process orchestration, significantly enhancing operational efficiency, transparency, and control. This comprehensive platform not only addresses current needs but also paves the way for endless automation possibilities in labor-intensive and document-centric business scenarios. Numerous providers claim to automate accounts payable processes; however, this solution stands out by accommodating any invoice type, regardless of format or delivery method. It features top-tier document classification and data extraction capabilities, intelligence-assisted vendor verification, and mechanisms for detecting duplicate entries. The system also incorporates automated two-way and three-way matching, along with digital workflows that include notifications, escalation procedures, and mobile approval options. Furthermore, it ensures real-time bidirectional integration with your existing infrastructures, thereby creating a cohesive operational ecosystem. By utilizing this solution, organizations can expect not only immediate improvements but also long-term benefits in their accounts payable processes.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

AgilePoint NX
Dropbox
FreeAgent
Gmail
Google Docs
Google Drive
Intellect
Microsoft 365
Microsoft Dynamics 365
Microsoft Excel
Microsoft Outlook
QuickBooks Online
QuickBooks Online Advanced
Quicken
Sage 500
Sage Accounting
Sage Intacct
Tungsten Capture
Xero

Integrations

AgilePoint NX
Dropbox
FreeAgent
Gmail
Google Docs
Google Drive
Intellect
Microsoft 365
Microsoft Dynamics 365
Microsoft Excel
Microsoft Outlook
QuickBooks Online
QuickBooks Online Advanced
Quicken
Sage 500
Sage Accounting
Sage Intacct
Tungsten Capture
Xero

Pricing Details

$107.88 per user per year
Free Trial
Free Version

Pricing Details

$1.77 per invoice
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Itemize

Founded

2012

Country

United States

Website

www.itemize.com

Vendor Details

Company Name

Optima Global Solutions

Founded

2001

Country

United States

Website

www.optimags.com

Product Features

Expense Report

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management

Product Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Alternatives

Alternatives

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