# What is RapidAP used for?

What is RapidAP used for?

##### Post Metadata
- Posted at: over 2 years ago
- Author title: Pinned by G2 as a common question



## Comments
### Comment 1

RapidAP is an innovative accounts payable automation tool developed by Efficiency Leaders, an Australian-based company. As the first-ever Australian company to offer AP (Accounts Payable) automation, RapidAP plays a crucial role in transforming and streamlining financial processes for businesses.



Key Features and Functions:

1. Capture all types of invoices:
RapidAP employs the latest OCR technology to seamlessly capture diverse invoice formats, including pdf, jpg, png, and more, converting them into doc, xls, bpm, etc. The platform is also equipped to process PEPPOL eInvoices.

2. Automate your compliance checks:
The accounts payable automation solution provided by RapidAP is highly configurable and personalized to meet the unique compliance requirements of each business. This ensures that the platform adapts to specific needs, enhancing the efficiency of compliance checks.

3. Create workflows in a click:
RapidAP empowers users to effortlessly create customized workflows. This includes the ability to handle exceptions swiftly and maintain a smooth flow of invoices through approvals. The platform allows for the creation of a straight-through process from data capture to payment, optimizing the entire accounts payable workflow.

Advantages of RapidAP:

1. Australian Innovation: Being the first Australian company to provide AP automation, RapidAP represents a milestone in the local fintech and automation landscape.

2. Customization and Integration: RapidAP is designed to be adaptable to the specific needs of businesses. It can integrate with existing systems, providing a seamless experience for users.

3. Cost Savings: Through the reduction of manual labor and improved efficiency, RapidAP contributes to cost savings for businesses in terms of time, resources, and potential errors.

4. Compliance: The platform helps businesses adhere to regulatory requirements by ensuring accurate and compliant financial processes.

5. Scalability: RapidAP is scalable to accommodate the growing needs of businesses, making it suitable for both small enterprises and larger corporations.

I hope that helps.

##### Comment Metadata
- Posted at: over 2 years ago
- Author title: Marketing Manager




## Related Product
[RapidAP](https://www.g2.com/products/rapidap/reviews)

## Related Category
[AP Automation](https://www.g2.com/categories/ap-automation)

## Related discussions
- [How well does Trello scale into a larger team?](https://www.g2.com/discussions/1-how-well-does-trello-scale-into-a-larger-team)
  - Posted at: almost 13 years ago
  - Comments: 6
- [Can we please add a new section](https://www.g2.com/discussions/2-can-we-please-add-a-new-section)
  - Posted at: almost 13 years ago
  - Comments: 0
- [Quantifiable benefits from implementing your CRM](https://www.g2.com/discussions/quantifiable-benefits-from-implementing-your-crm)
  - Posted at: almost 13 years ago
  - Comments: 4