Solution Benefits

  • Increase Invoice Handling Bandwidth by 400%
  • Increase End to End Processing Time by 5x
  • Eliminate Human-Workforce Induced Errors by 100%
  • Return on Investment by End of Year 1

Accounts Payable Automation

  • Invoice Header and Line Item Detail Extraction via AI/ML
  • Intelligent workflow routing for reviews, verification, approvals, etc.
  • Robotic Process Automation to minimize/eliminate human touchpoints
  • Works with any existing platforms, no need to reinvent the wheel
  • Unlimited Scalability; leverage any of these modular components company wide

The Advantage

  • Vendor PortalLeverage the portal internally or use it as a vendor facing platform. It allows for submission of invoices and offers unparalleled visibility into invoice submissions, thereby reducing the amount of time spent fielding inquiries.
  • Chatbot Intelligent AI/ML powered chatbot (INA) provides real-time status and answers questions.
  • Interactive Voice Response (IVR) IVR and text integrated with chatbot and RPA provide real time voice and text responses to vendors.

APex: Accounts Payable Transformation powered by RPA

Watch our short demo video on APex an invoice processing solution. APex transforms accounts payable departments using a combination of robotic process automation (RPA), advanced data intake, workflow technologies, along with cognitive capabilities such as artificial intelligence (AI) and machine learning (ML) to allow enterprises to automate the entire invoice intake and approval process end-to-end.

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About Lateetud

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Auto Retail - Automated Accounts Payable Processing

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