ACCOUNTABLE AI FOR INVOICE
PROCESSING AND BILL PAY.
Optimize Accounts Payable, achieve lasting ROI, and make enlightened decisions with the most advanced AI platform for accounting and finance.
The VIC.AI Platform
Our Solution -
WORLD CLASS AI, BEST IN CLASS ROI. Our customers spend less time, have fewer errors, see more effective approvals, and benefit from seamless ERP integrations. It adds up.
The VIC.AI Platform ROI
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Autonomous accounting
Autonomous accounting refers to using AI and automation technologies to perform accounting and finance tasks with little or no human involvement, streamlining processes and reducing errors.
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5x your department's productivity
Improve speed and accuracy of invoice processing with AP Autonomy. Reduce manual labor with automated GL coding, 2 and 3-way PO matching handled for you. Autopilot gives you the confidence to process autonomously at high accuracy.
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Realize ROI within 7 months
Free employees’ time from manual processing to focus on higher-impact activities. Optimize your cash flow by taking advantage of early payment discounts and timely approvals when using Payments.
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Achieve up to 99% accuracy
Get best-in-class processing with our expert AI model, trained on over half a billion invoices. But don’t take our word for it. Directly monitor performance with our analytics offering.
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One platform from invoice ingestion to payments
Our solution was built with the user in mind, with an easy user interface, a mobile app, and pre-training on historical data to ensure instant results.
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One Point of Entry
Ingest invoices from electronic file formats, EDIs, e-mail, PDFs, direct connections, etc. One entry point for all entities.
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Hands-Free GL Coding
All relevant invoice information, including vendor, dates, numbers, cost accounts, tax handling, freight handling, BOL, and dimensions, are predicted by AI and either presented to your AP team or fully automated.
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Autonomous PO Matching
PO invoices are autonomously matched totheir associated POs using 2-way and 3-way matching. This includes matching line items on invoices to POs across multiple fields of data.
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Autonomous Approval Flows
Invoices are routed into the correct approval flow automatically or sends invoices straight to payment if Autopilot's confidence level is met.
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Payments
Consolidate all vendor payments into a single, automated workflow for all payment types, including virtual cards. Save time, get early pay or discounts, and reduce the risk of fraud.
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Analytics
Customizable processing insight dashboards including performance data based on user, region, AI accuracy, processing time, and more.
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ERP Integrations
Integrate with all major ERPs, reducing IT workload and saving time.
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The ROI
Do you want to shift your AP team’s focus from data entry to finding new revenue streams and improving vendor relations? Harness AI to make repetitive tasks autonomous within finance and accounting, freeing finance professionals to focus on more meaningful and profitable work.
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No-touch/Autoploted Invoices
A No-Touch invoice has zero human updates before posting to the ERP or our Payments. They can also be called STP (Straight Through Processed) invoices. The AI is confident enough in its data extraction to process invoices end-to-end without any manual validation. Auto-piloted invoices will often be "no touch" as well, but unlike no-touch invoices, autopiloted invoices can involve voluntary human updates.