ACCOUNTS PAYABLE AUTOMATION SOFTWARE BY HIGHRADIUS

Process Your Invoices 50% Faster with Automated Accounts Payable Software

Say goodbye to manual AP tasks with cloud-based AP automation—digitize invoices, streamline approvals, and enable touchless processing and posting.

  • Upto 90% Touchless Invoice Processing
  • 3X Exceptions Handled Per Day
  • 30% Reduction in Net Invoice Processing Cost

Trusted By 1000+ Finance Teams Globally

ACCOUNTS PAYABLE BY HIGHRADIUS Cutomer Logo

Discover How Seamless Your AP Process Can Be

Just complete the form below

Manual AP Tasks Slowing You Down? Let AP Automation Speed Things Up

ACCOUNTS PAYABLE BY HIGHRADIUS Icon

Struggling with invoices in various formats and channels?

Simplify the process by aggregating invoices from email, SFTP, and supplier portals into one single system.

ACCOUNTS PAYABLE BY HIGHRADIUS

Is managing supplier emails slowing down your AP team?

Streamline your AP inbox with AI-powered email classification, intent analysis, and auto-drafted responses, enabling quicker communication.

ACCOUNTS PAYABLE BY HIGHRADIUS

Tired of time-consuming manual invoice validation?

Automate the process of matching invoices with POs and GRNs, identifying variances and exceptions for faster, error-free processing.

ACCOUNTS PAYABLE BY HIGHRADIUS

Overwhelmed by complex invoice coding requirements?

Boost exception productivity 2X for missing remittance scenario by auto-suggesting it based on past payment patterns.

ACCOUNTS PAYABLE BY HIGHRADIUS

Looking for a faster AP month-end close?

Reduce manual workload by automating the end-to-end accrual process, eliminating manual reporting and journal entries.

E-INVOICING AND PAYMENTS SOFTWARE BY HIGHRADIUS Icon

Need real-time dashboards to monitor invoices and accrual?

Access detailed insights into invoices, exceptions, and spending with out-of-the-box analytics and optimize your AP process.

Within 6 Months, Customers Using HighRadius Accounts Payable Solution See:

80%

Invoices Auto-Coded

30%

Reduction in Net Invoice Processing Cost

3x

Exceptions Handled Per Day

AI-Powered Features to Automate, Simplify, and Accelerate Accounts Payable

Your Guide to Faster, Better Automated Accounts Payable Management

Exclusive RFP Template

AP Automation ROI Calculator

Download the AP Automation ROI Calculator to quickly assess the potential return on investment for automating your AP process.

Download Now
Exclusive RFP Template

AP Vendor Evaluation Template

Download the Vendor Evaluation Scorecard Template to streamline your vendor selection process with a customizable scoring system.

Download Now

Frequently Asked Questions

Q: What is Accounts Payable automation?

Accounts Payable (AP) automation is the digital process of managing and processing accounts payable tasks by automating them. Through automation, traditionally manual accounts payable tasks are converted into automated workflows, streamlining invoice processing end-to-end and reducing manual errors.

By automating the AP process, businesses can ensure automated timely payments, improve overall financial control, enhancing efficiency and accuracy. AP automation boosts productivity and operational efficiency, upon seamlessly integrating with your existing ERP systems, providing a smooth and compatible experience.

Q: What types of invoices can be validated and matched in the system?

Ans: The system can validate and match invoices against Purchase Orders (POs) and Goods Receipt Notes (GRNs). It checks supplier details, billing details, and PO information against master data and performs mathematical validations. The matching process identifies variances in price, quantity, and payment terms at both the header and line levels, ensuring accuracy and compliance with business rules.

Q: What is the turnaround time for data extraction from the invoices?

Ans: The system captures invoice data almost immediately after receiving it, integrating through channels like email, EDI, or supplier portals. The extracted data is quickly added to the AP processing queue, providing near real-time processing.