Best Accounts Payable Automation Software - Page 24

OK2Pay

OneMarket powered by LogicSource®

Built by Procurement practitioners for Procurement practitioners, OneMarket powered by LogicSource provides procurement leaders with the solutions they need to effectively source and procure across the indirect landscape. Traditionally, Procurement teams can address their challenges by investing in new technology, but technology alone does not solve their problems. Effective implementation is essential to achieving ROI, requiring additional resources. Maintenance of the data within the technology is critical to ongoing adoption and value realization. And technology alone, even when well-implemented and maintained, lacks external market intelligence and price benchmarks to truly enable Procurement teams. OneMarket is a simplified source-to-pay technology platform empowered with pre-built tools and templates, supported by market intelligence and price benchmarks and, as standard, enabled by expert resources to manage implementation and ongoing data hygiene. The combination of these capabilities into a single solution provides procurement teams with a new, comprehensive approach to achieve better outcomes, faster. The platform consists of five integrated software modules that enable and automate the Source-to-Pay lifecycle: OneMarket Insights: Enables enriched supplier and spend data analytics for sourcing teams to scope new initiatives and manage compliance to sourcing outcomes and procurement policies. OneMarket Portfolio: Allows teams to track and manage sourcing performance, balance workload across resources and align with finance and business partners on savings recognition. OneMarket Sourcing: Automated sourcing workflows enabled with pre-built tools and templates that accelerate time-to-market and eliminate manual tasks and processes OneMarket Contracts: Enables digitization of all contract meta-data and consolidation to a single repository with advanced search capabilities, event notifications and ongoing data upload support OneMarket Procure-to-Pay: Offers buyer-hosted catalogs, tactical sourcing and rate-card capabilities to add value to transactional procurement and rich data reporting capabilities for Procurement and Finance teams. Our solution is not just software, but a new, cost-effective capability for sourcing and procurement teams to leverage purpose-built tools, access experienced and technically capable resources, and benefit from actionable market intelligence. OneMarket’s combination of capabilities is unique in the market and enables customers to elevate the profile and impact of Procurement at their organizations.

ONESOURCE Pagero

ONESOURCE Pagero is Thomson Reuters' global platform for e-invoicing compliance, business network connectivity, and transaction automation. Combining the scale of one of the world's largest open business networks with Thomson Reuters' trusted expertise in tax and regulatory compliance, ONESOURCE Pagero helps organizations navigate complex global mandates with confidence. From connecting suppliers, customers, and tax authorities to automating accounts payable, accounts receivable, and compliance workflows, ONESOURCE Pagero enables businesses to exchange documents seamlessly, gain real-time visibility into transaction data, and stay ahead of regulatory change. Designed for global scale and built to integrate with leading ERP systems, ONESOURCE Pagero helps organizations reduce complexity, improve operational efficiency, and turn compliance into a strategic advantage.

Average Rating: 5.0/5.0

Total Reviews: 1

Open ECX

We automate AP; invoicing, ordering and statement reconciliation, protecting the finance team's margins and giving them their time back. With automated e-invoicing, we extract every line with 100% accuracy, so nothing slips through and your suppliers get paid faster. Our automated e-ordering product allows us to track your sales orders in real time, so you always know exactly where a transaction stands. And with our statement reconciliation tool we reconcile your supplier statements automatically, freeing your team from hours of manual checking. We integrate with ERPs and finance systems so we can work with whatever you use to manage your financial transactions. As a registered Peppol Access Point, we are also able to comply with e-invoicing mandates. Three tools. One less headache for your teams.

Opera AI

Crakd is a platform of plug-and-play automation apps built for Pegasus Opera. It connects to your existing Opera system through a lightweight gateway and automates the manual processes that slow finance teams down. Available apps include automated bank reconciliation with AI-powered transaction matching, OCR invoice capture with approval workflows, GoCardless Direct Debit automation, and real-time financial dashboards across all Opera ledgers. Everything posts straight back into Opera — no migration, no disruption. Start with dashboards for visibility, then add automation apps as you need them. Key features: - Automated bank reconciliation - AI-powered transaction matching - OCR invoice capture - Approval workflows - GoCardless Direct Debit integration - Real-time financial dashboards - Direct Opera database integration - Cloud or on-premise deployment

Oscar by HighIQ - AP Automation

Oscar by HighIQ is an AI-powered automation solution designed to streamline and enhance accounts payable (AP processes. By integrating advanced technologies such as Amazon Textract and Robotic Process Automation (RPA, Oscar offers end-to-end automation for AP tasks, reducing manual intervention and increasing operational efficiency. This cloud-based solution is easy to set up, requiring minimal IT support, and can be configured within minutes. Oscar enables organizations to achieve significant cost savings, improve compliance, and accelerate their digital transformation journey. Key Features and Functionality: - Invoice Capture: Automatically captures supplier invoices via email, web portal, or FTP landing site. - Data Extraction: Eliminates manual data entry through multi-pronged data extraction methods. - Validation and Matching: Performs automated validations and matches invoices to purchase orders or shipping receipts. - Configurable Workflows: Allows easy configuration of workflow rules to meet specific business needs. - Real-Time Monitoring: Provides instant visibility into invoice statuses through a real-time hub. - ERP Integration: Achieves touch-free posting of invoices to any ERP system. - Security and Compliance: Operates on the secure and reliable AWS platform, ensuring data protection and compliance. Primary Value and Problem Solved: Oscar addresses the challenges associated with manual and time-consuming AP processes by automating complex tasks, thereby reducing errors and operational costs. Organizations can realize a reduction in invoice processing costs by up to 52% and achieve up to 90% touch-free posting to their ERP systems. By automating GL coding, invoice matching, and providing smart operational insights, Oscar enhances efficiency and control within AP departments. Its rapid deployment ensures a fast return on investment, enabling businesses to streamline global operations with a single, scalable platform.

Palomiz

Palomiz is AI software that receives your invoices, quotes, purchase orders, letters, and administrative documents, reads them automatically, and turns them into plain-language summaries. Documents are sorted into tabs by type — Invoices, Admin, Checks, Contracts — invoice data exports to Excel in one click, and reply drafts are prepared for letters that need a response, though nothing is ever sent without your review. Automatic reminders alert you before a payment deadline is missed, and team plans add alerts for expiring quotes or orders still awaiting an invoice. Files can be uploaded directly or forwarded by email to a dedicated address. Team accounts support multiple users with roles, and the multi-client plan adds fully segregated folders, one per client, each with its own email address and no data ever visible across folders. Documents are automatically deleted at the end of each plan's retention period, and you can cancel anytime with no commitment.

PathQuest

PathQuest AP

PathQuest AP — End-to-End Accounts Payable Automation Software Manual accounts payable processes drain time, introduce errors, and create unnecessary costs. PathQuest AP eliminates these challenges with intelligent, end-to-end accounts payable automation, keeping your existing accounting system intact while transforming how your finance team manages invoices, approvals, and payments. PathQuest AP automates and streamlines the accounts payable workflow from easy invoice submissions to faster digital approvals, ensuring better control over expenses and eliminating late, duplicate, and fraudulent payments. Capture Invoices Effortlessly PathQuest AP offers multiple ways to import and sync bills quickly from cloud storage (Google Drive, Dropbox), FTP, and email, with Smart OCR scanning and field mapping to capture everything accurately and in no time. Even grouped documents with invoices from multiple vendors are automatically split and categorized, saving time and reducing manual effort. Automate Approvals and Workflows Customize bill approval workflows to best match your business. PathQuest AP automates the workflow and keeps all stakeholders notified on the status at every stage, eliminating paper approvals, email escalations, and missed deadlines. Invoices are intelligently routed based on rules such as department, amount, or budget owner, significantly reducing cycle times and accelerating approvals. Pay Vendors Your Way Manage and pay bills faster with vendors' preferred payment methods, including ACH, credit card, and check payments, all from a single platform. PathQuest AP brings invoice capture, approval workflows, PO matching, ERP integration, payments, dashboards, and audit-ready reporting together in one place. Stay in Control with Real-Time Insights Real-time dashboards provide visibility into every invoice and payment, along with insights into payment patterns and exceptions for smarter decision-making. A complete audit history protects against fraud, reduces errors, and eliminates duplicate payments. Built for Every Business PathQuest AP is designed for small businesses, mid-market companies, enterprises, non-profits, and accounting professionals across industries including retail, construction, and more. It allows you to access your AP from anywhere, anytime with an internet connection to handle approvals, auditing, and other tasks. PathQuest AP integrates seamlessly with leading accounting software, including QuickBooks, Xero, and Sage Intacct, ensuring easy onboarding with no disruption to your existing systems. Transform your financial operations with PathQuest AP, where intelligent automation meets faster, smarter payments.

PayEX AP

PaymentSource® Accounts Payable Automation

For over 33 years, Fintech's PaymentSource has streamlined accounts payable automation for the alcohol industry. Take control of your business with 15 months of invoice history, detailed reports on cost variances, top products, and split case fees. Effortlessly reconcile distributor credits through our user-friendly portal. Minimize the risks of errors, fraud, and compliance issues while strengthening distributor relationships and enhancing operational efficiency. Starting in 2024, PaymentSource now includes a Premium level, which automates accounts payable for all invoices related to goods, services, and supplies, giving clients full visibility and control over their AP operation. Simplify all vendor integrations, effortlessly capture invoice data, eliminate duplicate payments and missing invoices across your vendor network, optimize your cash flow, and make invoice payments through a single portal.

Paystand

Paystand is a sophisticated digital payment and accounts receivable (AR) automation solution tailored specifically for business-to-business (B2B) companies. This platform is designed to facilitate seamless transactions among its extensive payment network, which includes over one million businesses actively engaging in transactions via the Paystand B2B Network. By leveraging this technology, users can efficiently accept payments, streamline their collections processes, and automate numerous manual AR tasks, ultimately leading to enhanced operational efficiency. The target audience for Paystand primarily includes B2B companies looking to optimize their payment processes and improve cash flow management. The platform addresses common challenges faced by these businesses, such as high transaction fees, slow payment cycles, and cumbersome manual processes. By automating these aspects, Paystand empowers organizations to focus on their core operations while ensuring timely and efficient payment collection. One of the most notable features of Paystand is its innovative payments-as-a-service model, which eliminates traditional transaction fees. This unique approach allows users to process payments without incurring additional costs or markups, granting access to wholesale processing rates. This not only alleviates the financial burden on businesses but also enhances payment efficiency, reducing costs and operational friction. Additionally, Paystand's seamless integration with various enterprise resource planning (ERP) systems, including NetSuite, Sage, Microsoft Dynamics, and Acumatica, enhances the overall customer payment experience. This compatibility simplifies transaction management and fosters clear communication between businesses and their customers. Beyond cost savings, Paystand's comprehensive solution significantly boosts team productivity by automating routine tasks. By streamlining the accounts receivable process, employees are freed from mundane administrative duties, allowing them to concentrate on more strategic initiatives that drive business growth. This shift not only enhances employee satisfaction but also contributes to a more agile and responsive organization. Paystand stands out in the digital payment landscape by combining cost efficiency with advanced automation, making it a valuable tool for B2B companies seeking to modernize their payment processes and improve overall operational effectiveness.

Average Rating: 4.4/5.0

Total Reviews: 45

Pearl

Pearl helps organizations gain complete control of their accounts payable operations and help positively impact productivity and cost efficiency.

Plaza-i Account Payable

PlusAdvance

PlusAdvance is a cloud-based platform for working capital optimization. It allows companies to manage and improve both accounts payables and accounts receivables through a single solution. The software combines different programs such as supply chain finance, dynamic discounting, and card-based payments, providing real-time visibility of cash flow and flexible integration with ERP systems and banks. This modular approach helps organizations optimize liquidity, reduce financing costs, and strengthen supplier and customer relationships.