Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Enhancing supplier relationships is crucial for maintaining a competitive edge, and achieving complete traceability of your invoices is essential in this endeavor. If you’re contemplating a digital transformation of your business processes, prioritizing accounts payable (AP) automation is key. Efficient supplier invoice management significantly contributes to business continuity and expansion. Moreover, relying on manual data entry introduces the risk of human errors, which can lead to unnecessary expenses and efforts for correction. The traditional invoice management process often entails excessive paperwork and delays in invoice approvals, as it necessitates inter-departmental reviews before an invoice can receive final payment approval. In a manual processing environment, achieving traceability can be particularly challenging, resulting in potential oversight of submitted invoices. The burdensome nature of manual workloads typically demands a larger AP team, which can cause significant delays in vendor payments. This situation can ultimately lead to late payment fees becoming a common occurrence. Furthermore, the resulting delays and discrepancies in vendor payments can create inaccuracies in cash flow management, which is detrimental to overall financial health. Transitioning to an automated system not only mitigates these challenges but also streamlines the entire invoicing process, ensuring timely payments and fostering stronger supplier partnerships.
Description
Kanverse AP Invoice Automation platform intelligently automates document processing workflows for enterprises. Kanverse brings together multiple AI technologies - Computer Vision, Natural Language Processing, Machine Learning, and Fuzzy Logic, along with Business rules and workflows to accomplish end to end automation.
Automate invoice and other accounting documents ingestion, extraction, processing, validation, and publish processed data to downstream business applications (e.g., Oracle EBS, Oracle Fusion, NetSuite, Microsoft Dynamics, Majesco, etc.)
Kanverse AI engine combines multiple cutting-edge technologies which deliver up to 99.5% data extraction accuracy: out-of-the-box
Leverage AI and automation to process a multitude of document types; convert unstructured and skewed data into actionable insights and reduce operational costs across business processes.
Intelligent automation eliminates manual, repetitive, and time-consuming activities; staffs, can focus on other business-critical activities. Also, helps to Protect PII Data and Prevent Fraud.
API Access
Has API
Yes
API Access
Has API
Yes
Integrations
Boomi
No
COINS
No
Dynamics 365 Remote Assist
No
Guidewire
No
Majesco
No
NetSuite
No
Oracle API Management
No
Oracle Aconex
No
Oracle Fusion Cloud ERP
No
Integrations
Boomi
Yes
COINS
Yes
Dynamics 365 Remote Assist
Yes
Guidewire
Yes
Majesco
Yes
NetSuite
Yes
Oracle API Management
Yes
Oracle Aconex
Yes
Oracle Fusion Cloud ERP
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
Not to be disclosed
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
Yes
Mac
Yes
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
Yes
Mac
Yes
Linux
Yes
Chromebook
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Arista Consulting
Founded
2014
Country
United States
Website
aristaconsultingus.com
Vendor Details
Company Name
Kanverse.ai
Founded
2020
Country
United States
Website
www.kanverse.ai/
Product Features
Accounts Payable
Approval Process Control
Yes
Bank Reconciliation
No
Cash Management
Yes
Check Writing
No
Duplicate Payment Alert
Yes
Fraud Detection
No
General Ledger Entry
No
Vendor Management
Yes
Product Features
Accounts Payable
Approval Process Control
Yes
Bank Reconciliation
Yes
Cash Management
No
Check Writing
No
Duplicate Payment Alert
Yes
Fraud Detection
Yes
General Ledger Entry
No
Vendor Management
Yes
Claims Processing
Adjustor Management
No
Case Management
No
Claim Resolution Tracking
Yes
Co-Pay & Deductible Tracking
No
Compliance Management
Yes
Customer Management
No
Electronic Claims
Yes
Forms Management
Yes
Paper-Based Claims
No
Payor Management
No
Policy Administration
No