Accounts Payable Automation Case Studies
Accounts Payable Automation with Nividous Platform
Manage high invoice volumes, accommodate thousands of vendors, improve end-to-end process visibility, and dramatically cut invoice cycle time from days to minutes with Nividous’ accounts payable automation solution, powered by its intelligent automation platform.
This highly configurable platform natively combines the power of Robotic Process Automation (RPA), Artificial Intelligence (AI), and Business Process Management (BPM) to help organizations of all sizes in streamlining their AP processes end-to-end. Eliminate challenges of manual AP processes, including operational inefficiencies, friction with vendor partners, delayed payments, and high cost of invoice processing with Nividous’ AP automation solution.
The solution comes with native Intelligent Optical Characteristic Recognition (iOCR) and the capability to create custom machine learning models. With these advanced capabilities, Nividous RPA Bots accurately extract information from unstructured invoices that are received from multiple sources and in varied formats.
In addition, the native BPM capability of the platform allows automation of the complete end-to-end AP process that includes data extraction, invoice matching, approvals, invoice posting in ERP, and payment processing.