Reimagine accounts payable (AP) with AI- and ML-led touchless invoice processing
As businesses adapt to volatile supply and demand, disjointed systems, obsolete workflows, and lack of standardization can result in slow, error-prone accounts payable processes.
Cora APFlow, our accounts payable solution, makes invoice processing touchless with dynamic workflows, automation, artificial intelligence (AI), and machine learning (ML) for improved transparency and enhanced supplier relations.
Accept multiformat invoices with automation and global e-invoicing networks, improving compliance and speeding up payments.
Companies using Cora APFlow achieved
100%
automation for accounts payable
Reduce queries to the AP helpdesk by offering real-time access to invoice status and payment data to suppliers.
Cora APFlow helped companies achieve up to
60%
fewer supplier inquiry calls
Use ML to predict processing delays and resolve exceptions quickly and effectively with built-in escalation reminders.
With Cora APFlow, companies saw up to
60%
improvement in productivity
Get early payment discounts using a unique and customizable early payment discount program.
A global food services leader generated about
$20mn
in bottom-line impact in the first 18 months of the engagement
Using machine learning, identify likely requesters based on past invoice data to complete missing requester details.
A food services company makes it easier for
50,000
suppliers to do business with the firm
Prevent and reduce expense fraud by flagging duplicate invoices, abnormal invoice values, and other suspicious signs.
Improve supplier relationships with timely payments
Cora APFlow manages invoices from across the globe in a variety of formats. They go straight into your enterprise resource planning system to improve cycle time from receipt to payments.
It can also auto-post invoices to allow straight-through processing from day one. The platform also features customizable workflows, so it's easier to manage exceptions, check approvals, and prioritize invoices for more timely processing and payment.
Improve visibility and efficiency with accounts payable analytics
Keep a close eye on key performance indicators for accounts payable. Cora APFlow helps you configure reports and dashboards for greater visibility and deeper insights with accounts payable analytics.
With customized reports, you can give your business stakeholders and suppliers full visibility of every invoice. Plus, the connected supplier portal allows suppliers to check their invoice status in real time and frees up your accounts payable helpdesk.
