Vic.ai

AI-first autonomous finance for unmatched AP accuracy and efficiency.

by Vic.ai · Accounts Payable Automation

Executive Summary

Vic.ai is an autonomous finance platform leveraging proprietary AI to revolutionize Accounts Payable (AP) automation and bill pay. Designed for mid-market and enterprise finance teams, it delivers significant efficiency gains, up to 99% accuracy in invoice processing, and real-time financial insights. Its differentiation lies in its deep-learning AI, trained on billions of invoices, which replaces traditional rules-based and OCR solutions for true end-to-end automation and autonomous approvals.

Use Cases

  • Centralize AP Operations across multiple entities.
  • Accelerate Monthly Close processes.
  • Prevent Fraud and detect anomalies in invoice patterns.
  • Improve Vendor Management and relationships through timely payments.
  • Scale AP operations efficiently without increasing headcount.
  • Optimize multi-level approval workflows for complex organizational structures.

Features

Visibility

  • Real-time Invoice Processing Pipeline Visibility: Track invoice status, processing times, and AI accuracy rates across the entire AP workflow.
  • Customizable Performance Dashboards: Monitor key metrics like average processing time, total invoices posted, no-touch rates, and vendor accuracy.
  • Spend Control and Cost Optimization: Gain insights into non-payroll expenses, identify bottlenecks, and optimize cash flow management.

Intelligence

  • Autonomous Invoice Processing (Autopilot): AI handles data extraction, GL coding, and approvals without human review, ensuring high accuracy and efficiency.
  • AI-powered PO Matching: Intelligently matches invoices to purchase orders, performing three-way matching to ensure accuracy and compliance.
  • Predictive Coding Decisions: AI goes beyond data capture to make predictive coding decisions for invoices, adapting and learning from each interaction.
  • AI-driven Anomaly Detection: Proactively alerts users to unusual invoice patterns, potential risks, and outliers to prevent fraud and errors.

Support

  • Free Administration and End-User Training: Comprehensive training is provided to help organizations prepare for and maximize their use of the platform.
  • Dedicated Support Partner: Premium Analytics customers receive a designated Vic.ai support partner for enhanced assistance.
  • Customer Success Resources: Access to case studies and resources showcasing successful implementations and best practices.

Technical Specifications

Architecture
Cloud-native SaaS, AI-first platform
Deployment
Cloud/SaaS
Authentication
SSO, MFA
API Available
Yes
MCP Server
No

Infrastructure

  • AWS

AI/ML Stack

  • Deep Learning
  • Machine Learning
  • Computer Vision
  • NLP

Integrations

  • NetSuite
  • SAP
  • Oracle
  • QuickBooks
  • Sage Intacct

Security & Compliance

Certifications: SOC 2 Type II

Encryption: AES-256 at rest, HTTPS/TLS (SHA-256) in transit

Pricing

Model
Custom enterprise
Starting Price
Contact sales
Target Customer
Mid-market to Enterprise (processing >500 invoices/month)
Contract Type
Custom
Free Trial
No (credit card required)

About Vic.ai

Vic.ai provides AI-driven accounting automation software that automates accounts payable, coding, and invoice processing for finance teams. Their platform combines machine learning and workflow tools to reduce manual data entry and accelerate financial operations.

Founded: 2016 · Headquarters: New York City, United States and Oslo, Norway · Employees: 51-200 · Private