Auditoria’s SmartVendor is an AI-powered accounts payable automation solution designed to help finance teams streamline processes, reduce risk, and improve accuracy across the back office. Using AI-enabled SmartBots, SmartVendor automates time-consuming AP tasks, including invoice processing, vendor onboarding, procurement spend analysis, and helpdesk inquiries, freeing staff to focus on higher-value work.
Purpose-built for finance and accounts payable teams, SmartVendor integrates seamlessly with your ERP and other systems of record to act as a system of engagement for AP operations. SmartVendor’s intelligent automation captures and extracts invoice data, matches it against purchase orders, validates vendor details, and manages approvals — all without manual intervention.
Beyond processing efficiency, SmartVendor delivers real-time cash flow visibility and key performance insights. By analyzing the financial data it processes, SmartVendor provides finance leaders with actionable analytics to optimize working capital, improve vendor relationships, and forecast cash positions with greater accuracy.
Whether your goal is to reduce manual work, improve compliance, or enhance operational agility, SmartVendor helps organizations scale AP operations without adding headcount. The platform reduces the risk of errors and fraudulent payments, improves supplier management, and accelerates month-end close.
Key Features & Benefits:
- AI-powered accounts payable automation to eliminate manual tasks
- Invoice processing and data extraction with PO matching and validation
- ERP integration for seamless data flow and reduced rework
- Vendor onboarding and supplier management automation
- Procurement spend analysis for better cost control
- AP helpdesk automation to quickly resolve vendor inquiries
- Real-time cash flow visibility and performance analytics
- Fraud prevention and compliance controls to reduce risk
- Scalable automation without increasing headcount
Product Website
Seller
Auditoria.AILanguages Supported
English
Product Description
systems of record and act as a system of engagement to streamline procurement spend and data extraction, optimize vendor management and handle helpdesk inquiries to generate data that provides key insights into cash performance.
Vendor Onboarding
Automatically collect vendor account information from tax forms for domestic and international suppliers. SmartBots identify unauthorized vendors, activating and onboarding through an approval process to securely capture information without custom portals, safely maintain private vendor interactions, and get new vendors up and running quickly to reduce risk and increase productivity.
Vendor W-9 Data Refresh
Ensure sustained compliance for the procurement function by regularly capturing updated IRS W-9s and W-8s. SmartBots make sure vendor tax data is accurately captured and leveraged before issuing annual tax documentation to reduce errors and missing data issues.
Vendor Invoice Data Extraction
With advanced cognitive OCR and Computer Vision, Auditoria SmartBots extract information from unstructured and structured documents such as PDFs, invoices, and remittance memos, regardless of format to streamline data input activities. Approval workflows ensure data written to the system of record is checked and approved before being uploaded to verify inputs and improve accuracy.
AP Helpdesk
SmartBots are deployed to monitor email inboxes and respond conversationally to inquiries on approval status, invoice payments, short pay issues, and missed invoices. Available 24/7, SmartBots process email content and understand finance-specific intent to email authorized vendors securely and protect sensitive payment information. SmartBots respond with answers, documentation, or escalations, minimizing interruptions to the AP team throughout the day and increasing timely customer service.
Invoice Accrual
Auditoria’s SmartBots effortlessly capture accruals insights, prepare journal entries and run them through a review process. Once reviewed, SmartBots post the entry to accelerate monthly close while ensuring complete accuracy.
Overview by
Brian KoenigDiscussions
Auditoria SmartVendor Community
