Procurement Automation
Procure AI is a web and mobile-accessible application that automates procurement, AP invoice processing, and employee Travel & Expense (T&E) processing. It supports intake of invoices, receipts/receiving documents, and expense receipts and uses AI-based OCR to extract data. Configurable automated validations route items through approval and exception workflows. With ERP integration, it supports 2-way/3-way matching and reconciliation to PO and receiving data, as well as T&E reimbursement processing. It also supports PO creation/updates, vendor management functions (including vendor onboarding and vendor contracts), contract-related procurement functions, and inventory-related updates as applicable based on configuration and integrations.
👍 Faster invoice, procurement, and expense processing through AI-powered automation
👍 Improved accuracy using AI-based OCR and automated validations
👍 Lower operational costs by reducing manual effort and rework
👍 Shorter approval cycles enabling on-time and faster payments
👍 Stronger compliance with audit-ready workflows and controls
👍 Better decision-making with real-time spend visibility
👍 Smooth financial operations via 2-way and 3-way ERP matching
👍 Stronger vendor relationships through faster reconciliation and payments

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