Fast and smart AI driven solution for automation of procure-to-pay vendor invoice process
The solution built on SAP Build Process Automation, polls the sources to capture data from physical and electronic invoices. AI would then validate the data, match invoices with purchase orders, and automatically post into the SAP Accounts payable. Any discrepancies would be flagged for human review, ensuring accuracy. The system could also schedule and process payments, send out notifications for approvals, and generate reports for analysis.
Overview
Increased efficiency and productivity
Speeds up the invoice approval process, especially in organizations where approvals are needed from multiple departments or levels. Also reduces the time spent on handling and resolving invoice discrepancies.
Improve compliance to statutory regulations
Helps ensure compliance with internal policies and external regulations. Provides a clear audit trail for all invoice activities, making audit processes smoother and reducing risks.
Enhance supplier relationships for better business outcomes
Timely payments improve vendor trust and can lead to better negotiation terms in the future. Automation ensures consistent communication with vendors, enhancing transparency and trust.
Details
Solution type
Extensions and Add-ons
Industry
Cross-Industry, Automotive, Utilities, Engineering, Construction, and Operations, Life Sciences
Compatibility
Works with
Features
Supports heterogeneous input sources and AI assisted document extraction
Solution can seamlessly integrate with various input sources such as Mailbox, File Share and Web Portal. Solution uses advanced AI capabilities to effortlessly extract data from multiple file formats, such as PDF, JPEG, PNG, and TIFF. It eliminates the slow, tedious, and repetitive manual tasks.
Work Zone provides role-based access to different functionalities of solution
Users get access to My Inbox, Dashboard and Monitor Workflow functionalities at fingertips all conveniently in one place the central inbuilt Work Zone.
Workflows empower business users to handle any exception situation quickly
Business User can access all the relevant data from Vendor Invoice, the SAP PO & GRN Data, and the smart insights in one convenient window of workflow. The automation leverages configurable Business Rules to perform multiple validations including 3-way match and suggest the best actions.
Plans and pricing
Tailored Quote
Number of suppliers onboarded to the solution
Customize solution to meet specific customer specific business needs.
Addon solution to include advanced analytics and conversational AI
Includes unlimited Transaction Volume Price upon requestNumber of suppliers onboarded to the solution
Customize solution to meet specific customer specific business needs.
Addon solution to include advanced analytics and conversational AI
Includes unlimited Transaction Volume Starter Edition for rapid deployment
Rapid deployment of automation solution out-of-the-box for 100 suppliers.
Includes 100 Supplier Includes 10000 Transaction Volume Price unavailable in this regionRapid deployment of automation solution out-of-the-box for 100 suppliers.
Includes 100 Supplier Includes 10000 Transaction Volume
