SutiAP

SutiAP is an AI-powered Accounts Payable automation software that streamlines invoice processing, approval workflows, and payment scheduling. It provides complete control and visibility over the procure-to-pay cycle, automates data capture and validation, and integrates seamlessly with ERP and financial systems to eliminate manual tasks and reduce errors.

Features

• AI-Powered Invoice Capture: Uses OCR and SutiTexTrak for accurate data extraction across formats.
• Matching Algorithms: Supports 2-way, 3-way, and N-way matching against POs, receipts, and contracts.
• Automated Approval Workflows: Flexible routing with role-based access and one-click approvals.
• Payment Scheduling: Automates payment timing based on invoice due dates.
• Supplier Collaboration: Supplier portal and automated notifications for real-time updates.
• Purchase Order Management: Ensures invoice accuracy and spending control from the start.
• Compliance & Audit Trails: Tracks all actions for transparency and regulatory adherence.
• Multi-Currency & Multi-Location Support: Handles global operations with ease.
• Mobile Access: Approve invoices and manage payments from any device.
• Reporting & Analytics: Advanced insights into spend, payment cycles, and vendor performance.

Capabilities

• End-to-end automation of the accounts payable process.
• Real-time invoice validation and approval tracking.
• Integration with third-party financial and ERP systems.
• Support for multiple payment methods including ACH and online banking.
• Customizable workflows and approval hierarchies.
• Global scalability with multi-currency and multi-location support.

Benefits

• Reduces invoice processing time and costs by over 80%.
• Improves accuracy and eliminates manual data entry.
• Enhances visibility and control over financial operations.
• Accelerates payment cycles and improves vendor relationships.
• Ensures compliance and audit readiness.
• Empowers remote teams with mobile-friendly access.