End-To-End Intelligent AP Automation
Invoice Automation is a comprehensive and intelligent solution for Accounts Payable (AP) automation. It digitizes paper invoices from various layouts and locations across the globe with an impressive accuracy rate of over 85%. Moreover, it continuously learns and adapts to new vendor formats effortlessly. This solution seamlessly orchestrates data flow between vendors, AP systems, and the AP team, ensuring a smooth and efficient process.
Statement Credits Audits
Decision Engines effortlessly identifies and digitizes credit memos from various vendor communications. It then reconciles and applies them to vendor accounts once the report is approved by an expert.
Auto Code Invoices/SOWs to Correct GL Accounts
Decision Engines bots automatically assign the correct GL account codes to SOW (Statement of Work). In cases where the bots are not confident, they seek assistance from accountants for coding.
Intelligent Accounts Payable
Decision Engines digitizes multilingual and multi-format scanned invoices, seamlessly integrating them with PO and payment systems. This integration minimizes delays and errors while ensuring accurate management of cash flow without the need for BPOs.
Auto Reply Invoice/Payment Status Queries
Decision Engines digitize the necessary information from invoices and validate it against payment dates from master data or contracts. An automated response is then sent to vendors regarding inquiries about invoice or payment status.
Eliminates 90% of the errors around payment delays, missed credits, and duplicate payments
Decision Engines InvoiceIQ is an enterprise-scale, end-to-end Intelligent AP Automation that digitizes multi-layout, global paper invoices with over 85% accuracy using a suite of AI Bots, continuously learning new vendor formats on the fly, and seamlessly orchestrates data between vendors, AP systems and the AP team.
With Decision Engines, you can automate all your business processes, from start to finish. We offer a self-service business-driven cloud platform that provides end-to-end process automation, replacing manual tasks and using artificial intelligence to perform autonomous decision-making.
Our Partners include top-tier technology companies who value the transformative power of AI in driving innovation, efficiency, and strategic decision-making.