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True invoice automation bridges the gap between manual and digital processing
Accounts Payable Automation
bySymbeo, Inc
Solution Types
Extensions and Add-ons
Works with
SAP Ariba
Benefits and Features
Benefits
Bridge the gap between paper and electronic invoices
Paper invoices may never go away, but you don't have to touch them anymore. Symbeo automates all manual processes and turns up your electronic invoice solution, transforming AP and delivering significant cost savings fast.
Eliminate 80-90% of your effort
High straight-through processing rates mean you get back 80-90% of your time to focus on work that positively impacts the enterprise. Symbeo's SLA-guaranteed data accuracy rate of 99.5% means confidence in the results.
Validate, automate and route to downstream systems
Perfected data bypasses your AP department without the need for manual effort or intervention. Invoices are routed directly to your ERP or downstream system for payment.
Virtual Mailroom, Scanning and Classification
Daily courier pick up, secured receiving, preparation, scanning of physical documents and email invoice images. Security and privacy policies, and physical and digital envelope boundaries are maintained throughout the entire process. Images are separated and classified, ready for raw data capture.
Raw Data Capture
Using advanced Optical Character Recognition technology and human processes, raw data is captured with 99.5% accuracy from every invoice, both domestic and international.
Data Validation
AI-assisted machine learning and business rules validate raw data against master data. Automates the most complex scenarios with customer-specific rules and configurations and teaches the system over time. Vendor resolution, tax type, PO line matching, approver identification, and more.
Approval Workflow
Automated routing, approval of non-PO invoices, perform GL coding, and more. Easy to use and highly configurable portal includes management oversight, escalations, mobile approval, and robust reporting and audit capabilities.
More Features
Plans and Pricing
Virtual Mailroom (Entry Level)
From
USD
7,000
.00
Per Month
Virtual Mailroom (Entry Level)
Manual and email receiving
PO Box management
Scanning
Document separation
FTP transfer
Document destruction
Technical Information
The information contained in this section is provided by the publisher.
Solution Types
  • Extensions and Add-ons
Works with
  • SAP Ariba
Publisher
Symbeo, Inc
Symbeo is a global invoice solution with an invoice automation suite that balances groundbreaking technology with proven human process. We adjust these dials to achieve high efficiency and value for AP without risk. Our customer experience always with ...
Publisher Website