Accounts Payable (AP) Automation Solution Powered by Nividous Platform
Achieve over 85% reduction in time needed for accounts payable
Accounts Payable Automation Case Studies
Accounts Payable Automation with Nividous Platform
Nividous’ Accounts Payable Automation Solution is a powerful tool designed to streamline and optimize your AP processes. By combining RPA, AI, and Low-Code Process Automation, this solution effectively handles high invoice volumes, accommodates thousands of vendors, and dramatically reduces invoice cycle time.
The solution’s IDP and custom machine learning models enable accurate extraction of information from unstructured invoices, regardless of their source or format. Nividous’ LPA capabilities allow for the complete automation of the AP process, from data extraction and invoice matching to approvals, invoice posting in ERP, and payment processing.
What Makes the Nividous AP Automation Solution Different?
Benefits of the Nividous Accounts Payable Automation Solution
The Nividous AP automation solution empowers you to achieve your business goals with a holistic approach i.e., enabling you to leverage the power of advanced automation technologies within a unified and integrated platform. This approach delivers numerous benefits, including achieving a higher ROI with a lower TCO.
Up To 50% Faster To Implement
Our customers have experienced a substantial reduction in implementation time compared to competitors, thanks to our pre-built components and configurable workflows.
Over 90% Data Extraction Accuracy
Natively IDP solution and ability to quickly build custom machine learning models ensure high accuracy from the start. Continuous learning enables ongoing improvements.
Over 85% Reduction In Processing Time
An ability to extract and enter invoice data with minimal manual intervention and automation of end-to-end processes reduce the overall processing time by over 85%.
Lower Total Cost of Ownership
The platform’s ability to deliver RPA, AI and LPA capabilities natively, combined with flexible licensing and no transactional costs, drastically reduces the total cost of ownership.
6-8 Months To Realize ROI
With the lower TCO, faster deployment and an ability to start quickly and scale over time, customers can expect ROI within months as compared to years.
Roll out your first AP Bot in production in just 3-4 weeks.
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