ABBYY

ACCOUNTS PAYABLE AUTOMATION

Improve cash cycle outcomes with accounts payable automation

Streamline accounts payable processes and speed invoice processing with purpose-built AI.

Intelligent invoice process automation out of the box

 

Our intelligent document processing (IDP) uses the latest AI technology to deliver intelligent invoice processing automation in a low-code/no-code platform. ​

Accounts payable organizations can handle even the most complex invoices with a high degree of accuracy right out of the box to start delivering results immediately.


Purpose-built for accounts payable automation

Learn how ABBYY IDP empowers your accounts payable operations to do more with less—and how it’s helped customers increase productivity by up to 400%, with ROI in less than a year.

Built for the volume, variety, and velocity of today’s AP operations

  • Automatically process ALL invoices
  • Get started immediately
  • Rely on the market leader in IDP

Automatically process ALL invoices—in any format, from any source

 
Many tools can process basic invoices…but what about the more complex ones? When your invoices arrive in many different languages, with thousands of pages, complex table structures, and unstructured data, it requires a tool that has been handling invoice data for over 30 years, and continues to get better. There is no type of invoice we can’t handle.

Get started immediately with a cloud-based AP automation platform

 
Start invoice processing automation in minutes with ABBYY Vantage. Drag-and-drop, pre-trained invoice skills enable you to start processing invoices with a high degree of accuracy and without any coding or in-house development expertise. Easily create new invoice types with our low-code/no-code skill designer, made for your citizen developers.

Rely on the market leader in intelligent document processing (IDP)

 
ABBYY has been named a leader in IDP by 10 analyst firms just in the past year. We process 1.5 billion invoices every year…and with machine learning and natural language processing, our AI just keeps getting better. The world’s leading enterprises trust us to get results such as 91% reduction in invoice processing transaction costs, 90% time savings in invoice processing cycle, 99.5% accuracy, and 95% straight-through processing. ​
eBook

Intelligent Invoice Processing That Delivers on Its Promises

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eBook

Intelligent Invoice Processing That Delivers on Its Promises

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Discover the benefits of ABBYY AP automation

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Accurate data capture
Today’s AI technologies can capture and understand data from invoices at unprecedented levels of accuracy.
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Time savings
Intelligent automation systems can process invoices in a fraction of the time required by human workers.
Digital_Connections
Streamlined invoice processes
Identify and eliminate bottlenecks to ensure prompt invoice processing and take advantage of early-payment discounts.
Money
Lower transaction costs
Reducing the need for human intervention dramatically lowers per-invoice processing costs.
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Fewer errors
Lower the risk of costly human errors that can derail processes and lead to late-payment penalties.
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Faster operations
Accelerate end-to-end invoice processing to enhance productivity, lower overall operational costs, and improve employee satisfaction.

Real-life results of ABBYY’s accounts payable automation solutions

400%

increase in employee productivity

30%

less time responding to inquiries

91%

lower invoice processing costs

12%

fewer late payments

81%

faster invoice processing time

How ABBYY's AP automation solution powers growth and profitability for customers

METRO AG

CLAY LACY

RENAULT

  • METRO AG

  • CLAY LACY

  • RENAULT

Customer payments accelerated up to 90% faster

90%

time savings in the invoice processing cycle

30+

countries with operations

“We chose ABBYY eight years ago. Since then, we haven’t seen a better automation solution on the market to reach our goal of zero-touch processing.”
CLAY LACY

Invoice processing efficiency takes off

100%

content accuracy

35%+

increased efficiency

99.5%

paperless operations

“Staff devoted to invoice intake has reduced by 90%, and error rates of 3-4% are now zero thanks to the software.”
Renault Group

Finance department transformation

100%

digital transformation achieved

1 minute

to process an invoice

95%

capture and recognition accuracy

“Working with ABBYY was a rich experience, not only because we could truly improve and simplify several processes within the company but also because they delivered exactly as was promised and with great time to market.”
Blog

AI-Powered Document Processing Is Changing Accounts Payable—Here’s How

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Blog

AI-Powered Document Processing Is Changing Accounts Payable—Here’s How

Read blog post

AP automation frequently asked questions (FAQs)

What is AP automation?
How does AP automation work?
How does AP automation help with expense reporting?
What accounting systems does ABBYY’s AP automation software integrate with?
How much can businesses save with an automated accounts payable solution?
How can AP software resolve process inefficiencies?
How does AP automation integrate with enterprise resource planning (ERP) platforms?

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