Name: Accounts Payable Automation
SKU: display-0000059000_live_v1
Availability: InStock

True invoice automation bridges the gap between manual and digital processing

Accounts Payable Automation

bySymbeo

True invoice automation bridges the gap between manual and digital processing

Seamless processing flow for North American manual invoices supports e-invoicing platforms. Advanced OCR and Machine Learning blended with proven human processes delivers accurate and complete data straight to your downstream system. Address unique nuances, solve real-world problems, and evolve AP.

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.

More Benefits

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

Works with

General

Deployment

Operations

Security

Compliance

Globalization