
ABBYY’s accounts payable automation streamlines invoice processing with AI, enhancing accuracy and efficiency. It reduces costs, speeds up payments, and integrates seamlessly with existing systems, ensuring compliance with electronic invoicing mandates.
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ABBYY
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What is AP automation?
Accounts payable (AP) automation uses technology to streamline the entire process of handling invoices. Instead of manually entering data, chasing approvals, and matching information with POs—processes that are prone to errors and delays—AP automation uses software to do all this work automatically with minimal human intervention. No matter the source, format, or language, invoices are processed faster, with fewer errors, and at a lower cost. With AP automation, you also get immediate control over and insights into your cash flow, ensuring that you stay compliant and avoid losses. It easily adapts to changes in your supply chain, quickly learning about new vendors and invoice formats as they emerge.
Improve cash cycle outcomes with accounts payable automation
Streamline processes, speed up payments, and optimize cash flow with purpose-built AI solutions.
Smart invoice processing automation, right out of the box
ABBYY intelligent document processing (IDP) delivers accurate, efficient invoice automation, no complex coding required. From day one, your accounts payable team will be equipped to process even the most challenging, unstructured invoices—in any language—straight-through, error-free, and in record time.
Purpose-built for accounts payable automation
Do more with less. ABBYY’s solutions have delivered up to a 4x increase in productivity, with full ROI in under a year. There’s a reason we’ve been recognized as an IDP market leader for the last six years.
Process any invoice, any format—no matter how it’s delivered
Go beyond basic invoice processing. Our proven solution, honed over 30 years of experience, can tackle even the most complex documents—like those thousand-page documents written in multiple languages with intricate tables and unstructured data.
Get started immediately with ready-to-use tools
Fast-track your invoice processing with ABBYY Vantage. Our intelligent document processing platform gets you running in minutes with pre-trained AI models and a simple drag-and-drop interface. Easily customize for new invoice types with our intuitive low-code/no-code skill designer.
Improve accuracy, drive profitability—without the manual effort
Eliminate costly invoice errors and unlock hidden savings. Expect fewer payment delays, improved relationships with suppliers, and lower invoice transaction costs. ABBYY is a recognized leader in IDP, processing 1.5 billion invoices every year.
Discover the benefits of ABBYY AP automation
Precise data capture
Avoid costly human errors that can lead to late-payment penalties. Our AI technology delivers 99.5% accuracy and 95% straight-through processing.
Time savings
We process 1.5 billion invoices every year, and our AI just keeps getting better. Our solutions cut invoice processing time by up to 90%.
Streamlined invoice processes
Accelerate end-to-end invoice processing and eliminate bottlenecks to improve productivity, lower costs, and save with early-payment discounts.
Lower transaction costs
By dramatically reducing the need for human intervention, our solution offers up to a 91% reduction in invoice processing transaction costs.
Real-life results of ABBYY’s accounts payable automation solutions
- 400% increase in employee productivity
- 30% less time responding to inquiries
- 91% lower invoice processing costs
- 12% fewer late payments
- 81% faster invoice processing time