Compare Nook vs Sync for Commerce vs Hermes AP Automation vs Precoro

Modulr AP automates the full accounts payable lifecycle—from invoice capture to global payments—streamlining operations and freeing up valuable team resources.

With intelligent document recognition and PO matching, the platform significantly reduces manual data entry, speeds up processing times, and minimizes human errors.

The ability to handle high-volume supplier payments and upcoming support for over 35 currencies across 180+ countries gives businesses true scalability and flexibility in payment operations.

Modulr AP operates under strict financial regulations (FCA in the UK and DNB in Europe) and offers multi-layered security, ensuring compliance and data protection at every level.

Supports all major accounting and ERP platforms through a single standardized data model, reducing integration complexity.

Enables fintechs and payment providers to launch new accounting features 6x faster, improving time-to-market.

Handles foreign currency, tax reporting, and reconciliation automatically, eliminating the need for internal accounting expertise.

Offers seamless syncing for bill pay, expenses, and bank feeds, providing users with up-to-date financial data.

Hermes leverages artificial intelligence to automate key aspects of the accounts payable process, reducing manual data entry and minimizing human errors. This leads to more accurate invoice processing and faster approvals, saving valuable time for finance teams.

The platform offers real-time analytics, providing businesses with up-to-date information to make informed decisions. This feature enhances financial visibility and ensures businesses can make strategic moves based on current data, not historical reports.

Hermes helps address approval bottlenecks quickly by automating workflows and providing notifications. This feature accelerates the approval process, ensuring that payments are made promptly and reducing delays in the overall workflow.

The software allows businesses to focus on high-value invoices, which directly impact financial performance. This strategic focus ensures that the most critical transactions are processed first, optimizing cash flow and improving financial management.