AI-Powered Back-Office Automation
Accounts Payable
Take full control of your Accounts Payable process with an intuitive, AI-driven solution
Improve your financial results with smarter cash flow management
Esker’s Accounts Payable automation software lets companies eliminate the pain of manual invoice processing with AI-powered data capture, touchless processing and electronic workflow capabilities. The end result? A simpler, more efficient way to process invoices, manage cash flow and generate new revenue.
Eliminate from your Accounts Payable process:
Dissatisfied suppliers and employees.
Limited process control and visibility.
Late payment penalties.
Long reconciliation periods and payment cycles.
Automation + AI
Free up your finance team's time with greater process speed and visibility
By automating the source-to-pay (S2P) cycle and using the latest AI-powered technologies, Esker frees Finance professionals from time-consuming tasks so they can be more efficient and develop new skills. Advanced capabilities such as first-time recognition, machine learning and teaching help Accounts Payable departments reach the highest possible invoice recognition rate as quickly as possible, for a faster ROI.
Increase AP department efficiency
Multichannel solution
Optimize invoice management by processing invoices in any format and from any input channel — mail, email, fax or EDI. By turning a machine-readable EDI invoice into a human-readable version, you can now apply standard AP processes to EDI invoices as well.
Speed up closing procedures
Esker Synergy AI
Esker Synergy AI optimizes invoice data extraction using machine learning and deep learning to accurately extract and populate a validation form (or approve automatically when no exception is detected).
Greater agility in accounting
Predictive invoice coding
Using AI-based predictive line items to code PO and non-PO invoices (e.g., G/L account, tax code, cost type, cost center), invoice data is automatically matched with the corresponding purchase orders and goods receipts — allowing staff to quickly review and resolve exceptions from a consolidated view.
Reduce invoicing costs and delays with AI technology
Touchless processing
Invoices that require payment approval are automatically routed to the responsible person or group. AI technologies work together to enable touchless AP processing and speed up invoice payment approvals.
Manage all invoices from one global, secure solution
Esker’s AP automation software transforms finance functions and cuts costs by eliminating paper, shipping and physical archiving. The simple, user-friendly interface drives user adoption and makes invoices visible across all formats and receiving channels, including EDI. By using a single process to handle every invoice, AP departments can simplify the S2P cycle and support business growth without operational limits.
Manage cash efficiently
One interface, multiple solutions
Esker’s complete S2P suite includes automated accounts payable, supplier management, contract management, procurement, expense management and payments.
Give your team actionable data
Smart dashboards with real-time KPIs
See how your AP team is performing with easy-to-understand dashboards. Track key metrics and make informed decisions that add value to your business.
Esker connects easily to all your ERPs
Multi-ERP integration
Esker can manage many ERPs through a single cloud platform. This means every user has the same experience, no matter how many ERPs are in use.
Supplier efficiency and collaboration
Make your company easy to do business with
To avoid procurement delays, companies need to build strong supplier partnerships — which means on-time payments, fast dispute resolution and real-time communication. Buyers need to become more attractive by building loyalty, developing supplier relationships and improving economic performance.
Esker’s accounts payable automation software creates a win-win situation for both sides.
Resolve issues quickly
Online supplier portal
Esker’s AP invoice automation software includes an online portal where suppliers can easily access payment details, helping them get paid faster and reduce costs. This saves your company time and money by cutting the time previously spent answering calls about invoice status.
Optimize cash
Dynamic discounting
Accelerated payments help your company improve cash management and secure supplier relationships. Suppliers offer real-time discounts, improving cash flow and reducing costs.
Reduce invoice payment cycle time
Electronic payment
Users get a fully digital process, from approval to payment. Every action is tracked in the system to ensure compliance and accurate, on-time payments. No more wasting time on paperwork!
Greater visibility
Supplier statement reconciliation
Supplier statement reconciliation not only ensures invoices are properly recorded, it also increases on-time payments, improves ledger accuracy, reduces supplier inquiries and frees up time for the accounts payable team.
Centralized data
Capture all supplier information and bidding activity within the eSourcing solution. Data is fully auditable and can be easily exported as a spreadsheet for post-event reporting and reviews.
Multi-stage RFQs
Give procurement users the ability to set the submission deadline for each new round, whether participants can see their ranking as it stood at the end of the previous round, and which participants should be included.
Multiscoring
Run comprehensive RFx events, including RFIs, RFPs and RFQs. Let users run complex weighted events with multiscoring, and allow them or a group of users to score questionnaire responses.
Risk management
Manage company cash from anywhere
Modernizing Accounts Payable has been imperative for years, but slow adoption of automation has left many organizations highly vulnerable in the event of business disruption — late or missed payments, payment fraud attacks and difficulty staying compliant. Esker’s Accounts Payable automation software minimizes these risks and improves your company’s control, helping you to:
Fight APP fraud
Sis ID integration
Esker has partnered with French FinTech Sis ID to fight authorized push payment (APP) fraud. Fully integrated with Esker’s S2P suite, Sis ID’s Sis Inside solution adds an anti-fraud shield to the user experience. Control unauthorized spend, reduce risk and bring visibility to spending.
Budget control, plus fast and easy approvals
Basic and complex workflow handling
New records are submitted to different users based on their profiles. Supplier-initiated changes trigger new approvals, reducing risk and protecting your reputation.
Control your payments and ease operating costs
AP Specialist dashboard
Displays the monetary value of potential late fees for invoices approaching their due date. Paying suppliers on time not only strengthens relationships with them but also helps companies reduce financial risk. Automatically match invoices with POs to ensure there are no inconsistencies or fraud risks.
Ensuring tax compliance
Esker’s AP e-invoicing solution
Provides paperless, compliant invoice processing on a global scale. Keeping up with changing regulations is complicated, and managing suppliers in different countries adds even more complexity. Archived invoices are kept secure for as long as local laws require.
Work smart, work mobile
Esker’s mobile app, Esker Anywhere™, delivers faster invoice processing, greater efficiency and on-the-go accessibility for managers who review and approve expense requests or supplier invoices before payment.
With dashboards and metrics available in the app, managers can monitor their KPIs and business trends on the go. The app is available free of charge on the Apple App Store® and Google Play™. Once installed, users can log in to view invoices awaiting approval.
“Even when someone is out of the office, invoice approvals can be done anytime, anywhere with Esker’s mobile app.”
Learn more about Esker Anywhere.
H3Talent Tecnologia da Informação Ltda.
Drive your company's digital transformation with Esker OnDemand solutions
10+ years of experience with Esker OnDemand solutions
Esker Inc. website