Overview

AIP Automated Invoice Validation helps organization to streamline the accounts payable process by efficiently cross-validating invoice information against purchasing data, helping to ensure accurate and compliant payments. It automates payment approvals, flags discrepancies for further investigation, and aims to significantly enhance invoice processing efficiency.

Features

• Accurate Data Extraction: Automate invoice data extraction from ERP systems and PDFs, ensuring human-in-the-loop validation while simplifying the process.
• Duplicate Invoice Detection: Identify and eliminate duplicate invoice processing and payments, teams can use real-time alerts to identify the root cause to help prevent double payments.
• Payment Term Matching: Analyze payment terms from invoices, purchase orders, and vendor records to detect unfavorable discrepancies, ultimately helping drive free cash flow improvements.