See OpenEnvoy's AI in action. This overview showcases how the OpenEnvoy platform automates the accounts payable process, from invoice data capture to payment approval.
π 0:05 - 0:47 β Introduction to OpenEnvoyβs AP Automation
AI-powered AP automation captures, codes, and matches invoices without human intervention.
No templates or setups requiredβAP teams focus only on conflicts.
π 0:47 - 1:20 β Invoice Data Capture & GL Coding
AI extracts line-item details, descriptions, and GL codes automatically.
Works across various invoice formats without manual input.
π 1:20 - 1:51 β Three-Way Matching (Invoice, Receipt, PO)
AI identifies discrepancies between invoices, receipts, and purchase orders.
Overbilling, mismatches, and missing documentation flagged instantly.
π 1:51 - 2:21 β Conflict Detection & Exception Handling
AP team sees exact discrepancies surfaced automatically.
Disputes can be resolved instantly with vendors.
π 2:21 - 2:53 β Audit-Ready Invoice Processing
Original source documents are always available for review.
Users can click and inspect flagged discrepancies in detail.
π 2:53 - 3:31 β Multi-Way Matching (Beyond 3-Way Match)
Expands matching to additional supporting documents.
AP automation integrates with ERP, parts catalogs, and contracts.
π 3:31 - 4:02 β Advanced Matching with External Data Sources
AI pulls real-time catalog pricing & shipping contracts into invoice matching.
Identifies better pricing options and non-compliant charges.
π 4:02 - 4:37 β Spotting Overcharges & Enforcing Supplier Contracts
AI flags cost discrepancies, contract violations, and pricing mismatches.
Ensures invoices align with agreed terms before payments are made.
π 4:37 - 5:10 β Pre-Auditing Every Invoice to Prevent Overpayments
AI checks every invoice line before payments go out.
Prevents unnecessary spend instead of recovering it later.
Experience the full potential of OpenEnvoy with a personalized demo. Our experts will analyze your unique challenges using your documents and guide you through our approach to solving your problems. Fill out the form to schedule your custom demo.