Accounts payable automation

Streamline your accounts payable processes with Open Bee

Automate every phase of vendor invoice processing; from reception of the original document to the creation of an accounting book entry

Multi-channel Capture: both paper and emailed invoices are seamlessly captured
Intelligent recognition: OCR, Semantic analysis and deep learning software examine invoices, capturing all relevant data, including line items
Financial ERP integration: Direct integration with the ERP system via either formatted output files or dedicated connectors.
Approval Workflow: Invoices are gathered into a workflow, and automatically sent to managers to review and approve.
Automatic linking: Purchase orders, supplier invoices, and delivery orders are automatically matched by the software to ease the approval process
Archive: Invoice images and corresponding audit trail transactions are recorded within the legal preservation document management system

Eliminate manual keying in of Information and associated errors
Reduce process cycle times by more than 70 percent
Save significant amount of money in operationalcosts (Cost per invoice reduced by 60%)
Enjoy a Return on investment realized in 3 to 6 months
Gain increased visibility into processes thanksto a full audit trail and real-time information
Eliminate duplicate payments
Reduce paper dependency