Payment automation

AI that generates the invoice payment instruction, ensuring timely, accurate payments while reducing the workload and stress on AP teams.

Solution for

Enterprises

Who want to reduce the demands on their accounts payable team and improve vendor relationships

Financial Institutions

Who want to grow the acceptance of trade finance and payment solutions by offering earlier, more reliable payments to suppliers

Fintechs

Who want to add payment automation capabilities to their solution so they can grow payment volumes

The challenge

Timely and accurate payments to suppliers can be a challenge causing extra stress on the accounts payable team

  • Manual methods for invoice approval, routing, and payment instruction increases the risk of delays and errors.
  • AP resources are often stretched and handling escalations from suppliers can add even more pressure.
  • As your business grows the volumes of payments increase placing even more demands on the accounts payable team.

The solution

AI automatically analyzes invoices to authorise and schedule payment instructions. You maintain your invoice approval processes. Any adjustments are automatically deducted from future supplier payments.

  • Automated payment authorization and scheduling
  • Credit/debit note payment adjustments
  • ERP reconciliation reporting

Suppliers get paid on time, improving your vendor relationships and reducing the demands on the accounts payable team.

How it works

  1. Connect your ERP and other systems such as AP automation, Source to Pay and Payment systems
  2. Provide historic transaction data for AI analysis to identify trends
  3. Run test instructions before switching to live
  4. Payment instructions are automated and offset against credit and debit note adjustments
  5. Payments are released to your supplier at the scheduled time.

Trusted by:

Tools designed to solve big problems

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Connectivity, data harmony and actionable insights underpinned with AI and multi-party intelligence. Proven and secure enough to be trusted to authorize payments pre-approval.

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UK

including EMEA and APAC
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USA

including North and South America
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