AI powered accounts payable automation solution

4 rating1

InSITE offers streamlined process flows using Intelligent Data Extraction with automated exception handling and approval workflows for vendor invoice payment processing. InSITE seamlessly integrates with SAP Ariba with easy deployment & affordable maintenance cost.

Overview

Reduced labor, processing costs & cycle time

With the automation and exception handling, InSITE brings efficiencies to the Invoice Management process. These efficiencies minimize manual processing and automates the process from intake to posting and payment.

Eliminates duplicate invoice settlements

Capture data from invoices automatically without any manual efforts, dramatically reducing data entry costs, improving validation and eliminating costly duplicates.

Reduced time & expense required for audit processing

Digital traceability of an invoice from intake -> to posting and payment reduces manual auditing and allows for auditors the transparency needed to do their job without having to search for paper invoices and run reconciliation reports. This is expected to reduce auditing timelines by half or 50%.

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Details

Solution type

Extensions and Add-ons

Industry

Cross-Industry, Retail, Wholesale Distribution, Healthcare

Compatibility

Works with

This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.
SAP ERPSAP Ariba BuyingSAP Business Technology PlatformShow more

Features

Manage and track invoices from a dashboard

Separate logins for an indexer, AP agent & approvers with the view into complete lifecycle of an invoice. The line to line level invoice matching to purchase orders and goods receipts ensures optimal vendor relationship.

Manage and track invoices from a dashboard
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Extract information from invoices without errors

Process invoices by automatic data extraction driven by Artificial Intelligence. The algorithm improves the data accuracy levels using self learning capabilities.

Extract information from invoices without errors
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Handle exceptions and collaborate on business rule

Automate exception handling and approval workflows with rule-based email notifications to respective stakeholders to ensure timely completion of tasks & approval of invoices

Handle exceptions and collaborate on business rule
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Plans and pricing

All plans include:

Easy configuration with several invoice channelsIntelligent Data Extraction from invoices leveraging AIOngoing Product Support with Support Hotline

Customer reviews

Product.Pricing.Reviews.PromptForReview.ReviewsExist.MessageWrite a review
8 בפברואר 2022Andres J., Finance
What do you like best about the product?
Applexus InSITE is Distinguishing the Market with its very Intellectual IDE automated Extraction.
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Technical Information

Solution type Extensions and Add-ons
Category Invoices and Payments
Industry Cross-Industry, Retail, Wholesale Distribution, Healthcare
Works with
  • SAP ERP
  • SAP Ariba Buying
  • SAP Business Technology Platform

Publisher