At Vic.ai, our vision is to free the AP department from labor-intensive, repetitive tasks and unlock growth through our AI-first platform.

Invoice processing is completed autonomously - from invoice ingestion to payments, including invoice processing, PO matching, and approvals - minimizing the human input and interpretation that legacy, rules-based systems require. Our accounts payable solution uses advanced AI, which gets smarter the more invoices it ingests. Autonomous workflows automatically process error-free invoices, match POs, handle approvals, and simplify payments, allowing the team to focus on more important matters for the business. This in turn improves AP team productivity, financial decision-making, and ROI.

Key features include:

Data extraction: Ingest invoices in any format type including electronic file formats and EDIs, e-mail, PDFs, and direct connections.

Template-free coding: AI extracts invoice data, then categorizes and codes no matter the vendor or invoice layout

PO Matching: Get 2, 3, and 4-way PO matching. AI can complete the match even when the PO number is missing from the invoice

AI Approval Workflows: Set up approval flow based on user metadata such as role, department or project.

Autopilot: The AI assigns a confidence level to all relevant AI-predicted invoice information before human review. Or, the invoice can be immediately sent to payment if confidence level is met

Simplified Payment Operations: Clear visibility into procurement savings, vendor spend, and approval cycle times. AI-detected early payment discounts.

Analytics: Directly monitor the Vic.ai platform and get real-time insights to optimize platform, team, and business performance. Create custom dashboards and export raw data files for bespoke analysis.