AP Automation

Looking for an efficient AP Automation solution provider? Look no further than ICG’s comprehensive, artificial intelligence ( AI ) assisted suite of tools and services designed to streamline your accounts payable processes. Our cutting-edge technology leverages the power of automation to reduce manual tasks, eliminate errors, increase accuracy, and provide actionable business data in real-time. With features like intelligent workflow, AI assisted OCR, electronic data capture, automated invoice matching, and integration with your ERP system, our solutions provide end-to-end visibility and control over your AP operations. ICG’s configurable AP automation solutions can help you optimize your financial operations and improve your bottom line. ICG’s AP Automation solutions deliver value, savings, and efficiency.

What Accounts Payable Automation Can Do For You!

ICG’s cloud-hosted, AI enabled AP Automation solutions can provide many benefits to your operations. Here is how ICG can help your company:

• Process invoices with as few touches as possible
• Reduce cycle times and “cost per invoice” transaction costs
• Process invoices from multiple sources in multiple formats
• Take advantage of discounts offered
• Get rid of labor-intensive manual processes
• Remote approval processing (non-PO based) and auto matching (PO based)
• Leverage electronic and web based invoice submission technology
• Launch a self-service vendor portal (supplier portal) – pass non-value add task back to your vendors!

As long-time experts in the field, we have the experience of helping many companies save millions of dollars with our award-winning accounts payable automation solutions. Our solutions include robust tools like advanced workflows, data capture & document assembly, vendor portals (web based invoice submit, PO flip, etc.), vendor onboarding & supplier onboarding, spend analytics, dashboards, reporting, and dynamic discounting.

Choose ICG For AP Automation

Our AP Automation solutions address the complete procurement-to-pay cycle, including:

• Data Capture (AI assisted OCR)
• Intelligent Workflow Management
• Remote Invoice Approval
• PO Matching
• Electronic Invoicing
• Dynamic Discounting
• Vendor Onboarding & Admin. – Web based Vendor Packets
• Vendor Self-service via Vendor Portals or Supplier Portals
• Payment Dispute Submission and Tracking

Implementing the right mix of technologies saves time-related costs by capturing and processing data more efficiently. ICG’s AI enabled AP Automation provides significant bottom line savings through lower processing costs, faster payment cycles, real-time visibility into financial data, and reporting to track transaction processing productivity.

AP Analytics You Can Act On

Though the payment information is processed, we still aren’t done. Data collected throughout the process is stored and can be delivered as financial, productivity or audit reports directly to you. This information gives you the analytics that you need to track productivity, vendor spend and help pinpoint & manage rogue spending / budget adherence. 

Want to build highly targeted ad hoc reports using almost any criteria related to your AP process? You can do that, the solution is highly searchable by any data or metric captured in the process so you can build your own reports on the fly.

Most importantly, our solutions are incredibly flexible and our great strength is the ability to expediently deliver a configurable solution that works for your unique process and culture.