Smart AP Agent – Automated Invoice Processing
Automate Your Accounts Payable with AI/ML Precision
Overview Smart AP Agent streamlines accounts payable by automating invoice capture, validation, approval, and ERP posting. It uses AI/ML to eliminate manual work, reduce errors, and accelerate financial operations.
Key Features / Functionality
Capture Invoices
Automatically collects invoices from email, scanned files, or EDI feeds.
How it works
AI/ML monitors document sources continuously and captures invoices as they arrive.
Business benefit
Ensures no invoice is missed and reduces time spent collecting documents.
AI/ML Data Extraction
Extracts critical invoice details, including vendor names, amounts, dates, and line items.
How it works
AI/ML identifies and parses structured and unstructured invoice formats.
Business benefit
Reduces manual errors and accelerates invoice processing cycles.
Order Validation
Checks for missing or inconsistent data before approval.
How it works
AI/ML identifies anomalies or incomplete fields and prompts corrections.
Business benefit
Ensures order accuracy and reduces fulfillment errors.
Approval Workflow Automation
Routes orders to relevant approvers automatically.
How it works
Configurable workflows enforce business rules.
Business benefit
Reduces bottlenecks, ensures timely approvals, and maintains audit trails.
ERP Integration
Orders are created directly in ERP systems.
How it works
Seamless API/ERP integration ensures accurate order capture.
Business benefit
Prevents duplicate entry and maintains data consistency.
Live Tracking & Notifications
Provides real-time updates on order status and pending approvals.
How it works
Automated alerts notify relevant stakeholders about progress and exceptions.
Business benefit
Improves visibility, control, and customer satisfaction.