AP Automation and Intelligence | Accounting Automated

AI Invoice management

Autonomous Invoice Processing is the next generation technology, replacing legacy OCR, template and rules-based methods. Bonus? Happier team members, who don’t have to perform endless repetitive tasks.

Ingestion into Vic.ai

Ingest, or allow vendors to ingest invoices into Vic.ai from a variety of sources. We support electronic file formats and EDIs, e-mail, PDFs, direct connections and more. One entry point for all entities or separate entry points per entity – you choose.

World-class data extraction

Every invoice is analyzed by our AI. PDFs and image files are automatically extracted, understood and coded with no templates involved. Vic.ai uses proprietary computer vision technology to make sense of invoices – no humans required.

Hands-free classification

Invoice data is reviewed by the AI - all relevant invoice information, including vendor, dates, numbers, cost accounts, dimensions, assets or which POs to match against, are predicted and either presented to your accountant or fully automated.

Autonomous Approval Flows

Lengthy approval processes are among the top causes of late payments and missed discounts. With Vic.ai, you can design the appropriate approval routing for any scenario or organization size and enforce compliance throughout the approval process. Built-in communication keeps dialogue in context and shortens time to resolve discrepancies.

compatibility with any ERP system

Vic.ai is integrated with the top ERP systems globally and is designed to work across multiple systems. If you have one or several ERPs across multiple entities, the integration can be set up using our API or flat-file support. Let’s streamline the AP process.

How does Vic.ai translate to ROI?

Less time, fewer errors, no duplicates, effective approvals, seamless integrations. It adds up.

Increase in invoice processing capacity per FTE

80%

Less time spent on processing invoices

7 mo.

To reach a positive ROI on the Vic.ai investment

Shift exhausting hours of manual invoice processing to 24/7 processing by AI.

what our customers say

Automating the ingestion and coding of invoices has proved to be a huge time-saver as we continue to increase the number of invoices that don't need a human touch. The manual nature of invoice processing has always been a challenge in our industry, but it is finally being addressed by Vic.ai.

Mairtini Ni Dhomhnaill, Founder

Countsy

The AP team loves it! It really helps them to become reviewers instead of processors (of data entry).

Margareta Marro, Director of Accounting Operations

Higher Ground Education

We are on track to save more than 25,000 hours per year by automating away manual invoice processing once Vic.ai is implemented in all our regions. AI is changing the lives of our employees and how our business works.