Accounts Payable Automation Software
Automate accounts payable with AI-driven invoice processing and payment.
Executive Summary
Esker's Accounts Payable Automation Software is a cloud-based solution designed to streamline and automate the entire invoice processing and payment lifecycle. It leverages AI-driven data capture to eliminate manual entry, reduce errors, and accelerate invoice workflows from receipt to payment. The software integrates seamlessly with any ERP system, providing businesses with enhanced visibility and control over their financial operations. The platform is built on a secure cloud infrastructure, adhering to high security standards and compliance certifications like GDPR. It offers robust capabilities for managing vendor relationships, automating approvals, and providing real-time insights through KPIs and reports. Esker aims to transform traditional AP departments into strategic assets by improving efficiency, reducing costs, and ensuring compliance across the source-to-pay process.
Use Cases
- Automating invoice data capture and entry from various sources (email, paper, electronic files).
- Streamlining and accelerating invoice approval workflows with configurable rules.
- Integrating accounts payable processes seamlessly with existing ERP systems.
- Gaining real-time visibility into AP metrics, spend, and invoice statuses.
- Ensuring compliance with financial regulations and reducing fraud risks in AP operations.
Features
Visibility
- Real-time KPIs: Gain immediate insights into key performance indicators related to accounts payable processes.
- Invoice Tracking: Monitor the status of every invoice from receipt through approval and payment.
Intelligence
- AI-driven Data Capture: Automate the extraction and validation of invoice data using artificial intelligence.
- Machine Learning: The system learns from past interactions to improve accuracy and efficiency over time.
Technical Specifications
- Architecture
- Cloud-based platform
- Deployment
- SaaS
- API Available
- Yes
Integrations
- SAP
- Salesforce
- Boomi
- Any ERP
Security & Compliance
Certifications: GDPR
Encryption: Automatic encryption of all data at rest.
Pricing
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
Ratings & Reviews
G2: 4.7/5/5
About Esker
Esker is a leader in AI-driven process automation software, specializing in cloud-based automation for source-to-pay and order-to-cash cycles, including procurement, accounts payable, accounts receivable, and customer service management.