Overview

Esker’s Accounts Payable (AP) Automation Software revolutionizes the management of accounts payable by automating the entire invoicing process—from the receipt of the original document to the creation of accounting entries in the ERP system. This end-to-end solution minimizes manual intervention, reduces errors, and enhances operational efficiency. By leveraging AI-driven data capture, touchless processing, and electronic workflows, businesses can accelerate payment cycles, optimize cash flow, and strengthen supplier relationships. The platform also offers enhanced visibility into financial operations, enabling informed decision-making and improved compliance.

Features and Capabilities

• Intelligent Data Capture: Utilizes AI to automatically extract and validate data from invoices, reducing manual data entry and minimizing errors.
• Touchless Processing: Enables seamless, automated processing of invoices without manual intervention, streamlining workflows and accelerating approval cycles. ​
• Electronic Workflow Management: Facilitates efficient routing and approval of invoices through customizable electronic workflows, enhancing collaboration and transparency.
• Supplier Portal: Provides suppliers with an online platform to access payment details, track invoice status, and communicate directly, improving supplier relationships and reducing inquiries
• .Dynamic Discounting: Offers real-time discounts to improve cash flow management and strengthen supplier partnerships through accelerated payments.
• E-Payment Integration: Supports fully digital payment processes, ensuring timely and accurate payments while maintaining compliance with financial regulations.
• Enhanced Visibility: Delivers real-time insights into AP processes, enabling better decision-making and financial oversight.
• Fraud Prevention: Incorporates measures to combat payment fraud, safeguarding financial transactions and maintaining trust with suppliers. ​
• ERP Integration: Seamlessly integrates with various ERP systems, ensuring smooth data flow and consistency across financial platforms. ​
• Mobile Accessibility: Allows managers to review, approve, and reject invoices via mobile devices, ensuring flexibility and responsiveness in AP processes. ​
• Compliance and Audit Trails: Maintains detailed records and audit trails of all AP activities, supporting compliance requirements and simplifying audits.