AP Automation and Intelligence | Accounting Automated

AI Invoice PROCESSING

Take the next step towards autonomous finance with Vic.ai AP Autonomy, a transformative leap from legacy OCR, template, and rules-based automation methods. Our Autonomous Invoice Processing platform utilizes cutting-edge AI technology to seamlessly manage your Accounts Payable workflow, eliminating the need for endless, repetitive tasks.

INGESTION AND EXTRACTION

Ingest invoices from electronic file formats, EDIs, e-mail, PDFs, direct connections, etc. One entry point for all entities. Invoice data is extracted from PDFs and image files using proprietary computer vision, then understood and coded by AI with no templates involved.

HANDS-FREE
CODING

Invoice data is reviewed by the AI - all relevant invoice information, including vendor, dates, numbers, GL coding, tax handling, freight handling, dimensions, assets or which POs to 2 or 3-way match against, are predicted by AI and either presented to your AP team or fully automated.

APPROVALS AND PAYMENTS

Invoices are routed into the correct approval flow automatically or sends invoices straight to payment if Autopilot's confidence level is met. Consolidate all vendor payments into a single, automated workflow for all payment types, including virtual cards. Save time, get rebates, and reduce the risk of fraud.

compatibility with any ERP system

Integrate with all major ERPs. Vic.ai 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.

ANALYTICS

Customizable business insight dashboards including performance data based on user, region, AI accuracy, invoice processing time, and more.

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.

The line-item recognition that Vic.ai offers is second to none. This allows our accounting staff to delegate the manual data entry of invoice processing to Vic.ai so that each accountant can process more invoices faster. This enables us to take on more clients while increasing our profit margins.

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.