Businesses are increasingly focusing on increasing flexibility, sustainability and resilience in their procurement processes, with companies increasingly shifting towards online approaches and working faster to stay ahead of competitors. Procurement Magazine has compiled a list of the Top 10 AP automation platforms that are helping transform business procurement. Stampli’s AP automation software, which includes an AI employee named Billy the Bot, helps businesses gain complete visibility and control over their work. Medius AP software links invoice capture, processing and payment together to ensure employees are at ease and seamless workflows. Centime offers unified financial automation in a single ERP-embedded platform, Centime, which automates every aspect of AP, from coding to supplier visibility. Paylocity is a cloud-based HR and payroll software solution provider that combines AP automation with expense management and procurement capabilities. Nanonets uses machine learning models to deliver 99%+ accuracy on invoices, receipts, POs, and bank statements, and Nanonet syncs with all ERPs, CRMs, and workplace apps seamlessly. Yooz integrates over 250 ERP and accounting systems worldwide to keep manual data entry and costs low, and its integrated AU can recognise relevant data in a document, enabling suppliers and suppliers to scale AP operations.
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