Factura.ai
Factura.ai is the only accounts payable automation software designed for multi-location and multi-entity businesses. Factura.ai makes workdays easier by: - Automating data entry and coding - Managing the approval workflow - Splitting an invoice across multiple locations / entities - Digitally storing documents for easy searchability - Easily pay your vendors. Whether you have 10 or 200 locations, all invoices get routed to one email address where Factura.ai picks up the location information, sends the invoice to the right approver and the extracted data to the P&L, accurately. Our customers come to us because they face 4 challenges within their business. 1) Their accounts payable team was spending hours inputting data manually from invoices into their accounting system 2) The approval process was manual and it was excruciatingly time-consuming to follow up with employees to ensure they signed off on the invoice. This consistently resulted in their accounting books not closing on time. 3) They were printing thousands of invoices a month and keeping paper copies for auditing purposes. 4) Paying their vendors by check Factura.ai solved all of their challenges: 1) Technology that captures line item invoice data; no manual data entry needed 2) Workflow approval process; the technology keeps track of the status of each invoice and has sped up the approval times. 3) Cloud-based; no need to print any paper. Ever. 4) Pay your vendors by ACH, virtual credit card and by check. The best part is the cash reward when paying your vendors by virtual credit card.
Average Rating: 4.9/5.0
Total Reviews: 28
How Do G2 Users Rate Factura.ai?
- Has the product been a good partner in doing business?: 10.0/10 (Category avg: 9.0/10)
- Scoring: 10.0/10 (Category avg: 8.0/10)
- Accounting: 10.0/10 (Category avg: 8.9/10)
- Analysis: 10.0/10 (Category avg: 8.4/10)
Who Is the Company Behind Factura.ai?
- Seller: Factura.ai
- Year Founded: 2014
- HQ Location: Toronto Canada
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LinkedIn® Page: www.linkedin.com
16 employees on LinkedIn®
Who Uses This Product?
- Top Industries: Restaurants, Accounting
- Company Size: 46% Medium, 39% Small
What Do G2 Reviewers Say About Factura.ai?
AI-generated summary from verified user reviews
Pros
- Users value the quick response and assistance from Factura.ai's customer support, enhancing their overall experience effectively.
- Users value the time-saving automation of Factura.ai, enhancing efficiency in managing invoicing and approvals.
- Users value the ease of learning with Factura.ai, facilitating a smooth implementation and efficient onboarding process.
- Users value the streamlined approval workflow in Factura.ai, significantly enhancing efficiency and reducing manual tasks.
- Users value the automation of invoice processing by Factura.ai, significantly saving time and enhancing efficiency.
Cons
- Users suggest that there is room for visual design improvement to enhance the overall user experience of Factura.ai.
- Users experience a notable learning curve with Factura.ai, requiring time to train the AI for optimal use.
- Users find the time-consuming setup of Factura.ai challenging due to necessary training and adaptation to vendor formats.
- Users face a time-consuming learning curve while setting up Factura.ai, especially with varied vendor invoice formats.
What Are Recent G2 Reviews of Factura.ai?
"Factura AI Streamlined Our Invoice Processing with Intuitive Workflows and Great Support"
Rating: 4.5/5.0 stars
— Katie N.
"Easy Implementation That Speeds Up Accounts Payable"
Rating: 5.0/5.0 stars
— Verified User in Consumer Services

