AP teams may feel uncomfortable with AI initiatives. Address concerns with AI that captures invoices with no change barriers for suppliers. Free up time and get employees comfortable with the people-empowering potential of AI across the business. Customers often see year-one payback in non-headcount savings alone.
Manage change
OpenEnvoy works with your tech investments to deliver results quickly with no need to “rip and replace.”
Do more with less
No more manual processing or supplier adoption issues. Use AI to cut out mundane work and improve productivity across the business.
Capture negotiated value
Full reconciliation and control lets you avoid losses to fraud, duplicates, and overbillings to improve margins.
Ensure compliance, improve cash flow
Full control and compliance helps auditors to leave happy. Control over payment timing lets you optimize cash flow.
Results
Raney’s was able to digitize AP across 100% of our suppliers in just two months. With OpenEnvoy we’ve been able to scale touchless processing without the burden of ‘no PO no Pay’. We’ve been able to shift team members from manual clerical work to proactively disputing overbillings and pursuing other ways to hit the goals of our growing business.”
Eric Anderson, Co-Founder, Raney’s Truck Parts
OpenEnvoy has greatly reduced the number of hours we spent on entering and reconciling bills. It has removed the manual data entry portion, and we can now reconcile invoices faster and more accurately.”
Quinn S., Accounting Manager, Bliss Point Media
By the numbers
Potential losses to fraud, duplication, and overbilling identified
$406M
Time to value for“touchless” processing
60days
Learn more in a live demo
OpenEnvoy Live demo
Thursday 12th Dec, 2024 1:00 pm EST | 10:00 am PST