Account Payable automation - Botminds

Automate your accounts payable process. Free your high skilled accounts manager from the dull, tedious job.

Botminds AI - Template free invoice data extraction solution with end-to-end automation, invoice loading to record creation and approval

Accounts payable processes include collecting, processing, and paying invoices from suppliers who have provided products or services to the client. It is a tedious, time-consuming, error-prone job for finance professionals to go through invoices manually to understand data and forward them to related systems to complete their records. Spotting anomalies is never an easy task when the number of invoices per day is very high. Doing this repetitive data entry process is undoubtedly not for the trained finance professionals. Automating this process is challenging since incoming invoices come in different layouts, varying formats, unstructured details. Integrating with existing systems to create records is another mundane, tedious job.

Botminds AP automation is the only approach with 5x faster approvals with data extraction and easy-to-use intuitive interface to verify the low confidence extraction before records are automatically created makes it a 10X efficient AP process for your accounts department. Intelligent monitoring of email inboxes, classifying and routing invoices to workflows are added benefits of Botminds IPA (Intelligent Process Automation) based solution. Accounts payable Automation can be a valuable tool when it comes to managing your company's payments and invoices. By using accounts payable automation properly, get your finance & accounts professionals to do high-value jobs, with Botminds AI to augment them.