Do more
with less
Capture negotiated
value
Ensure compliance,
improve cash flow
Fix finance leaks in milliseconds, not months
Our enterprise-grade AI is trained to do instant price audits that reduce your AP costs and maximize your cash flow. Let’s dig into the details.
Digitize AP with AI.
No more adoption barriers.
Capture and process invoices in any format, completely and instantly with no need for suppliers to adopt a portal. Even one-time supplier relationships can be fully digitized.
Eliminate fraud & duplicates
Scan every invoice and line item for fraud & duplicates. All of this is instant, so that you can avoid overpayment before the money goes out the door.
Audit every invoice
Your suppliers just want to get it right so that they can collect. Automatically match invoices against orders, receipts, and contracts. Fully audit each invoice and send non-compliant invoices back to the supplier with all details for review--with no manual work required.
Get control, ensure compliance
Send audited invoices for approval to ensure compliance with your control framework. Collect and archive VAT invoices to streamline audit by tax authorities. Auditors love OpenEnvoy.
Optimize payment timing
Match invoices with contracted payment terms to either stretch DPO or pay early to realize early-payment discounts
Leading companies have
transformed with OpenEnvoy
We are now able to concentrate on the issues rather than doing redundant tasks. Our staff can now focus on issues that OpenEnvoy highlights for us. Eliminating manual tasks is a plus for everyone.
It was a natural progression to decrease the time spent on processing bills and increase the accuracy and turnaround time of these processes. We need to ensure that we have the resources to support the rest of our organization as it grows and guarantees vendors are paid on time.
Raney’s was able to digitize AP across 100% of our suppliers in just two months. With OpenEnvoy we’ve been able to scale touchless processing without the burden of ‘no PO no Pay’. We’ve been able to shift team members from manual clerical work to proactively disputing overbillings and pursuing other ways to hit the goals of our growing business.
Keep up with the latest
accounts payable automation
trends and insights
Gartner Market Guide for Accounts Payable Invoice Automation Solutions
Experience Efficiency Unleashed: A Case Study in AI-Empowered Finance Operations
Save Billions: How to Eliminate Fraud in Accounts Payable Processes
Serious about protecting your cashflow?
