NameMyiQ.Ai
OverviewMyiQ.Ai is an advanced accounts payable (AP) invoice automation software designed to boost efficiency through intelligent AI solutions. By leveraging AI technology, MyiQ.Ai enables AP teams to reduce processing time by up to 60%, allowing for more strategic focus. The software efficiently manages invoices from various sources, utilizes AI-powered OCR to extract necessary data, establishes streamlined workflows for approvals, and remarkably minimizes errors in ERP postings. By automating repetitive tasks, MyiQ.Ai not only enhances team productivity but also fosters improved vendor relationships and substantial cost savings. Its robust features encompass invoice and line item capture, data validation, effortless management of multiple entities, and real-time reporting capabilities with customizable charts.
Key features & benefits
  • Efficient invoice and line item capture
  • Automatic validation of data to minimize errors
  • Streamlined approval workflows for faster processing
  • Accrual automation to maintain financial accuracy
  • Advanced AI-powered OCR supporting various global invoice formats
Use cases and applications
  • Automate data extraction from diverse invoice sources, reducing manual labor and errors with AI OCR.
  • Enhance approval workflows for invoices, ensuring quick processing and adherence to company policies.
  • Create real-time reports and custom charts to obtain valuable insights for informed decision-making and improved vendor relations.
Who uses?
  • Accounts Payable (AP) team members
  • Finance managers
  • Accountants
  • Finance analysts
PricingPricing details are not specified; please visit the MyiQ.Ai website for information on free versions, if available.
TagsAP Invoice Automation, AI Automation, Invoice Processing, OCR Management
App available?No

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