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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Bid farewell to the complications of manually handling invoices and expenses, and eliminate the tedious task of tracking down missing information. With Summit's AI-driven system, you can automate your processes with ease. Utilize AI-enhanced tools for Accounts Payable to automatically capture invoices and receipts, route them to the relevant approvers through tailored workflows, and synchronize smoothly with accounting software for stress-free reconciliation and bookkeeping. Gain insights with real-time status updates, enabling swift reporting and audit preparedness. Streamline the tasks of invoice uploading, monitoring, and approval. By removing manual data entry, you not only enhance accuracy but also free up valuable time for more strategic initiatives. Oversee reimbursement requests through our centralized dashboard while ensuring compliance with established policies. This approach saves time and minimizes the possibility of errors. Our Accounts Payable automation solutions provide comprehensive visibility into all company expenditures. By consolidating everything in one location, you can effortlessly maintain policy compliance and promote responsible spending, ultimately enhancing your financial management practices.

Description

The Automation Solution for Accounts Payable, developed on the Kofax TotalAgility framework, provides unparalleled touchless AP automation through advanced cognitive invoice capture, seamless integration with ERP systems, and automated process orchestration, significantly enhancing operational efficiency, transparency, and control. This comprehensive platform not only addresses current needs but also paves the way for endless automation possibilities in labor-intensive and document-centric business scenarios. Numerous providers claim to automate accounts payable processes; however, this solution stands out by accommodating any invoice type, regardless of format or delivery method. It features top-tier document classification and data extraction capabilities, intelligence-assisted vendor verification, and mechanisms for detecting duplicate entries. The system also incorporates automated two-way and three-way matching, along with digital workflows that include notifications, escalation procedures, and mobile approval options. Furthermore, it ensures real-time bidirectional integration with your existing infrastructures, thereby creating a cohesive operational ecosystem. By utilizing this solution, organizations can expect not only immediate improvements but also long-term benefits in their accounts payable processes.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

AgilePoint NX No 
Axis LMS Yes 
BambooHR Yes 
FreshBooks Yes 
Intellect No 
JumpCloud Yes 
MYOB Yes 
Microsoft Dynamics 365 Yes 
NetSuite Yes 
Okta Yes 
Sage Accounting Yes 
Sage Intacct Yes 
Tungsten Capture No 
Workday HCM Yes 
Xero Yes 
Zoho Books Yes 
Zoho CRM Yes 

Integrations

AgilePoint NX Yes 
Axis LMS No 
BambooHR No 
FreshBooks No 
Intellect Yes 
JumpCloud No 
MYOB No 
Microsoft Dynamics 365 No 
NetSuite No 
Okta No 
Sage Accounting No 
Sage Intacct No 
Tungsten Capture Yes 
Workday HCM No 
Xero No 
Zoho Books No 
Zoho CRM No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$1.77 per invoice
Free Trial No 
Free Version No 

Deployment

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

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

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

Summit

Founded

2024

Country

Singapore

Website

summitglobal.com

Vendor Details

Company Name

Optima Global Solutions

Founded

2001

Country

United States

Website

www.optimags.com

Product Features

Accounts Payable

Approval Process Control No 
Bank Reconciliation No 
Cash Management No 
Check Writing No 
Duplicate Payment Alert No 
Fraud Detection No 
General Ledger Entry No 
Vendor Management No 

Expense Report

Approval Process Control No 
Invoice Management No 
Multi-Currency No 
Receipt Management No 
Reimbursement Management No 
Spend Control No 
Time Tracking No 
Workflow Management No 

Spend Management

Approval Workflow No 
Budgeting / Forecasting No 
Expense Tracking No 
Multi-Currency No 
Prepaid Cards No 
Procurement Management No 
Receipt Management No 
Spend Analysis No 
Spend Control No 
Supplier Management No 

Product Features

Accounts Payable

Approval Process Control No 
Bank Reconciliation No 
Cash Management No 
Check Writing No 
Duplicate Payment Alert No 
Fraud Detection No 
General Ledger Entry No 
Vendor Management No 

Alternatives

Alternatives

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