Predict AP

3D Floor Plans

3D Floor Plans in Predict AP provide a visual representation of physical spaces related to procurement or asset placement. Though uncommon in AP systems, this feature supports spatial planning for facilities-related purchases. It helps align invoice data with physical layouts, enhancing accuracy in spend justification and improving coordination between procurement and facilities management.

Accounting Features

Accounting Features in Predict AP automate financial functions such as invoice coding, ledger entries, and account reconciliation. Integrated directly with general ledger systems, it ensures accuracy and consistency in financial reporting. This feature streamlines AP tasks, minimizes human error, and improves visibility into financial transactions across all departments.

Approval Workflow

Approval Workflow in Predict AP automates the routing of invoices and purchase requests through configurable multi-level approval chains. Approvals are based on criteria like department, amount, or vendor. This ensures accountability, enforces policy compliance, and accelerates payment processing by reducing delays and manual oversight in the approval process.

Dashboard

The Dashboard in Predict AP delivers a centralized, real-time overview of all AP activities including pending invoices, approvals, and payments. With customizable widgets and visual insights, it helps finance teams monitor KPIs, track workflows, and identify bottlenecks. This feature enhances operational control and supports faster, informed decision-making.

Data Extraction

Data Extraction in Predict AP uses intelligent OCR and AI to pull key data points—such as invoice numbers, amounts, and vendor names—from uploaded documents. This eliminates manual entry, increases speed, and improves accuracy. The feature streamlines invoice processing, ensures data integrity, and enhances the automation of AP workflows.

Fraud Detection

Fraud Detection in Predict AP leverages advanced algorithms and audit trails to identify suspicious transactions and policy violations. It flags duplicate invoices, unusual payment patterns, or unverified vendors in real time. This proactive feature reduces financial risk, enhances compliance, and protects against unauthorized payments or internal misuse.

Integrations Management

Integrations Management in Predict AP facilitates seamless connectivity with ERP, accounting, and procurement platforms. It ensures accurate, real-time data synchronization across systems. This feature reduces manual work, avoids data duplication, and enables streamlined workflows, improving efficiency and enhancing the value of your existing financial technology stack.

Invoice

The Invoice feature in Predict AP automates the entire invoice lifecycle—from capture to approval and payment. It supports electronic submission, matching with purchase orders, and real-time status tracking. This ensures timely processing, reduces errors, and improves vendor relationships by maintaining transparency and consistency in AP operations.

Multi-Currency

Multi-Currency support in Predict AP allows organizations to process invoices and payments in multiple international currencies. It automatically converts amounts using real-time exchange rates and ensures accurate reporting. This feature simplifies global vendor management, ensures regulatory compliance, and enhances financial accuracy for multinational companies.

Payment Processing

Payment Processing in Predict AP automates the disbursement of funds through various methods like ACH, virtual cards, or wire transfers. It ensures that approved invoices are paid accurately and on time. This feature reduces manual tasks, mitigates payment errors, and enhances cash flow control and supplier trust.

Reporting (Analytics)

Reporting (Analytics) in Predict AP provides in-depth visual insights and trend analysis using invoice data, vendor performance, and workflow efficiency metrics. With interactive dashboards and exportable formats, this feature supports data-driven decision-making, uncovers bottlenecks, and improves financial strategy through actionable intelligence.

Reporting

Reporting in Predict AP generates structured, easy-to-read documents summarizing payment activity, approval timelines, and vendor history. Users can schedule or customize reports for internal audits or executive review. This feature helps maintain compliance, supports financial transparency, and ensures accountability throughout the accounts payable process.

Vendor Management

Vendor Management in Predict AP centralizes supplier onboarding, banking details, compliance documents, and communication logs. It ensures accurate payment records and strengthens relationships by reducing errors and delays. This feature improves procurement efficiency, reduces fraud risk, and ensures consistent vendor interactions within the AP ecosystem.

Workflow Management

Workflow Management in Predict AP allows users to define, monitor, and optimize the sequence of tasks involved in AP processing. It ensures each invoice follows a consistent path from receipt to payment. This feature improves efficiency, enhances transparency, and provides flexibility to adapt workflows based on changing business needs.