Automated Accounts Payable Software

Accounts payable automation is a process that streamlines the work of a finance team by seeking to match each item on an incoming invoice with a supplier record. This means there is no need to manually log invoices or search for a purchase order. 

A human still checks the suggested matches and a purchase invoice is created when a match is approved. 

Yes. iplicit has developed its own powerful accounts payable automation features, giving all its customers the opportunity to benefit from AP software.  

iplicit’s AP automation software examines each incoming invoice line by line. It searches the system’s supplier records to find likely matches. You or your finance colleagues review the suggested matches and each time you approve one, a purchase invoice is created in the system.  

Yes. iplicit integrates with Lightyear straight “out of the box” and can be easily integrated with other AP automation software too. This gives the iplicit customer a range of accounts payable options.   

AP automation suggests matches between invoices and suppliers, but a human has to approve them before a purchase invoice is generated. iplicit's AP automation software also tells you how confident it is about any suggested match. It learns from human decisions all the time, so the suggested matches become ever more accurate as you go along.

Yes. iplicit keeps track of who needs paying and when. It can issue the appropriate reminders and warning letters to aged debtors, following rules set by you.

Yes. iplicit’s accounts receivable features simplify the process of dealing with aged debtors.  

iplicit keeps track of these debts and can chase them for you automatically, issuing the appropriate reminder, from a gentle nudge to a legal warning.