Case Studies

Why Aspire Technology Partners Chose Vic.ai

Emily Perkins

Emily Perkins

Head of Content Strategy

With Vic.ai, Aspire Technology Partners knew they could improve cash flow and optimize for growth in accounts payable (AP) by applying the leading AI accounting platform.

June 5, 2024

2 min read

Why Aspire Technology Partners Chose Vic.ai

With Vic.ai, Aspire Technology Partners knew they could improve cash flow and optimize for growth in accounts payable (AP) by applying the leading AI accounting platform.

Background

Founded in 2004, Aspire Technology Partners is a business solution and services provider for digital transformations. With a sterling reputation as a leading technology solution provider, Aspire has won numerous Cisco partnership awards, named by the CRN Fast Growth 150 List multiple years running, ranked on NJBIZ List of 50 Fastest Growing Companies, and more. Specializing in cyber security, enterprise networks, data centers, wireless, and managed services, Aspire serves commercial, state and local government, and educational organizations. 

Aspire needed to modernize its accounts payable (AP) department. With the prior vendor, PO invoices would take over 48 hours to process, causing significant crunch time at their month- and quarter-end close. It also meant they were missing out on early payment discount opportunities to optimize cash flow. Aspire leadership needed a solution to expedite invoice processing while integrating with their ERP, Netsuite. 

Solution

Aspire selected the Vic.ai autonomous finance platform for its AI-powered PO matching capabilities. Vic.ai also seamlessly integrates with Netsuite to complement the entire AP process with more efficiency and automation. By matching POs to invoices at the line-item level, Vic.ai can successfully and accurately reduce manual work. In instances of a mismatch, Vic.ai helps the AP team accurately pinpoint the issue so approvers can quickly resolve it and move on with their work. With a faster and more accurate AP process, Aspire will now be able to focus more time and effort on capturing available early payment discounts on invoices, increasing cash flow, and optimizing working capital.

"As leaders in the technology space, we constantly evaluate the latest innovations on behalf of our clients and for our own operations. Vic.ai stood out as a leading solution to improve the speed and accuracy of our AP process. We are particularly excited about their autonomous PO matching capabilities, which integrate seamlessly with our Netsuite ERP system,” says Joe Sulkowski, Assistant Controller at Aspire Technology Partners.

"We were also confident in the AI technology behind the Vic.ai platform. Their expert AI was purpose-built for accounting and trained on over a billion invoices. With Vic.ai, we knew we were getting a differentiated solution that would uniquely address the needs of our back office. Now, our team can spend more time on our mission: to deliver technology that helps our customers flourish,“ he says.

Learn more about Aspire Technology Partners.

Learn more about the Vic.ai autonomous finance platform.

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