Process invoices in minutes
The Invoice Accelerator doesn’t just extract data it empowers your entire accounts payable process.
Invoice processing Accelerator
for a faster AP Process
Streamline accounts payable for intelligent automation,
faster cycles, and less manual work.
What if your team could process invoices
3x faster with 100% accuracy?
The Invoice Accelerator doesn’t just extract data it empowers your entire accounts payable process.
Invoices from any sources (paper, email, portals) are automatically captured and organized in one place.
Classification groups invoices by key criteria such as vendor and document type, creating a consistent starting point for validation and downstream processing.
AI-powered IDP accurately extracts key information, eliminating manual data entry errors.
Invoices are automatically validated and matched against purchase orders and receipts withing your existing ERP system.
Users can step in when needed through a web-based interface to review, confirm, or correct items in the automated inbox. These interventions help improve future automation, and the same interface supports quality checks and handling of cases that can’t be fully automated.
Intelligent routing ensures invoices are send to the right approvers based on your pre-defined business rules.
Approved invoices are automatically posted, triggering timely and accurate payments.
Bring AI to your process
OCTO makes it easy to integrate the AI services that fit your needs, with out of the box integrations
available for leading providers including OpenAI, Microsoft, and Google.
Are tedious, manual invoice processes slowing your team down?
Every day, your team grapples with a flood of invoices arriving from all directions –paper, email, PDFs, portals, even post.
The result? A time-consuming, error-prone cycle of:
- Opening and reading each document
- Manually keying in data
- Trying to match invoices with purchase orders
- Chasing down approvals
- Finally, processing payments
The Invoice Automation Accelerator empowers your organization to transform your Accounts Payable (AP) processes. We combine the power of Intelligent Document Processing (IDP) with Smart Process Automation to create a seamless, efficient workflow.
If this sounds familiar, it's time for a smarter approach.
See how it works for your organization
Everything you need to modernize your invoice processing
Swift and simple integration
Swift and simple integration ensures seamless connectivity for minimal disruption and maximum future-proofing
Comprehensive compliance logging
Comprehensive compliance logging with a robust audit trail so regulatory standards are met and transparency maintained
Crystal-clear referencing and validation
Crystal-clear referencing and validation via an intuitive validation client with customizable view settings
Self-learning capabilities
Self-learning capabilities continuously improve performance and the rate of straight-through processing possible.
Intelligent invoice processing automation should accelerate invoice handling,
ensure regulatory compliance and enhance financial accuracy and efficiency.
Frequently Asked Questions
Various input channels are supported out of the box. Our standard Invoice Automation Accelerator includes integration of multi-function printers via network shares and direct PDF import from file systems. Additional add-ons are available for fax, email, mobile, and other web service interfaces.
There is no limit to the number of formats supported, AI-based self-learning continuously improves automation rates.
There are multiple checks and validations that can be applied to determine the validity of an invoice. These can also easily be customized and configured to follow the specific requirements for an organization and/or specific process. These may include format checks, required field checks, consistency checks, business rule verification, purchase order matching, duplication checks, compliance and fraud detection checks.
Yes, OCTO is a RESTful platform and can easily integrate with leading systems including ERP, CRM and other line of business systems via REST API. In addition, everything presented in the process monitor portal can be accessed through REST API, which means all the information can also be presented inside other products through a simple integration configuration.
Yes, over 100 countries and languages are supported in processing, with no other pre-requisites or requirements for set-up. In addition, premium country packages are available to ensure compliance when processing both local and foreign invoices, including check routines related to country-specific regulations (i.e. VAT legislation validation).
With OCTO and DocProStar in control, security and compliance is taken care of without a second thought, every action is captured in detailed audit trails and access to documents is controlled via security roles. In addition, from a technical perspective, all information is encrypted in transit and at rest, ensuring complete peace of mind for even the most sensitive information.