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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.

Description

Our Invoice Automation solution enhances and simplifies operational workflows, effortlessly integrating with your Financial Management System (FMS) to smartly digitize your invoice handling. Utilizing advanced capture technology, our system reads, interprets, verifies, and validates invoices before they are automatically recorded in your purchase ledger. By leveraging Cloud-connected Invoice Automation, we revolutionize the processing of purchase invoices and accounts payable. This allows you to automate tedious tasks and empower team members to extract greater value from your finance operations. Many organizations face challenges with efficiency due to outdated manual processes that hinder overall business performance. By embracing automation, companies can unlock significant value through intelligent process improvements. Labor-intensive manual methods can lead to errors and high costs, which place undue strain on finance teams across various industries. Our Invoice Automation is crafted to alleviate concerns regarding your business performance and enhance overall productivity. With our solution, you can focus on strategic initiatives rather than getting bogged down by administrative tasks.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

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 

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 

Pricing Details

Not to be disclosed
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version 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 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Kanverse.ai

Founded

2020

Country

United States

Website

www.kanverse.ai/

Vendor Details

Company Name

V1

Founded

1989

Country

United Kingdom

Website

www.wearev1.com/solutions/invoice-automation/

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 

Product Features

OCR

Batch Processing No 
Convert to PDF No 
ID Scanning No 
Image Pre-processing No 
Indexing No 
Metadata Extraction No 
Multi-Language No 
Multiple Output Formats No 
Text Editor No 
Zone Selection Tool No 

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