What makes Vic.ai PO matching different?
Vic.ai’s next-generation AI algorithms facilitate accurate comparison of necessary accounts payable documents and perform exception handling, so your AP staff doesn’t have to.
Superior invoice interpretation with Vic.ai’s algorithms and proprietary computer vision.
Higher matching rates due to exceptional invoice data interpretation.
At a mismatch, the AI automatically figures out the best workflow based on the situation, and carries out the exception handling, so AP teams don’t have to.
- EFFICIENCY & Accuracy are maximized
Thousands of line items no longer have to be matched manually between three different documents. Improve match rates and data resolution with fewer errors.
- FRAUD IS ELIMINATED
Matching detailed inventory line items and costs is a tedious and error-prone task. Accurate and reliable PO matching AI enables accounts payable teams to instantly determine if an invoice matches the goods and services received, eliminating the risk of overpaying and under-delivery.
- PROFITS INCREASE
Vic.ai's PO matching helps you avoid unnecessary expenses and gain dependability in supply and payments – directly impacting your bottom line.
- RECORDS ARE VERIFIED, TRANSPARENT, AND AUDIT READY
In the case of inaccurate amounts of goods received, disputing an invoice, or incorrect payment, verified records are vital for tracking payments. The system stores the documents for each purchase and is easily accessible in time for auditing.
APO can help you enable fully touchless invoice processing – resulting in higher accuracy, dramatic time and cost savings, and renewed resources for higher-level financial decision making.