Sold by: AppZen, Inc.
Deployed on AWS
AppZen Autonomous AP is an AI-First application that can autonomously process manual invoices end-to-end with minimal to zero manual touches, with 100% confidence!
Overview
This intelligent AI software learns quickly and automatically adjusts its predictions based on two to three data samples of user feedback. With Autonomous AP, most invoices move from extraction to ok-to-pay with no human intervention, thereby improving your invoice processing efficiency by up to 80%.
Autonomous AP ensures that all payouts across your systems meet the spend policy. It also detects and drives down duplicate spending by up to 5%. In addition, it automatically predicts General Ledger (GL) codes and accurately assigns cost centers and account codes specific to your Chart of Accounts (COA). Our product also complements most of the procurement portals that are currently in use. At Autonomous AP, an invoice comes to the AP Inbox first to check for duplicates, P Cards, and Expenses, then moves to PO Matching and GL Coding. Finally, it enters the procurement or ERP system, all without human intervention.
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Highlights
- Best-in-class data extraction: An OCR with even 95% accuracy is not good enough when you don't know which data is incorrect. Our AI is the only technology available today that can guarantee extraction and entry of an invoice and its images without human intervention.
- Understands content and context: Our AI augments extracted data with supplier and buyer entity information, spend domain knowledge, and online databases. It classifies and understands the spend on the invoice based on both the content and its context, and processes it with confidence.
- Accurate prediction of GL codes: The correct assignment of cost centers and GL code accounts for non-PO and PO backed invoices is guaranteed without any manual intervention. Minimize non-PO intervention Our AI automates compliance with PO and spend policy. It automatically flags non-PO invoices that require a PO, finds the right PO, and matches it.
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Deployed on AWS
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Pricing
Pricing is based on the duration and terms of your contract with the vendor. This entitles you to a specified quantity of use for the contract duration. If you choose not to renew or replace your contract before it ends, access to these entitlements will expire.
Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator to estimate your infrastructure costs.
Dimension | Description | Cost/12 months |
|---|---|---|
AppZen Autonomous Accounts Payable | AI-first invoice processing, from inbox to OK to pay | $25,000.00 |
Dimensions summary
This listing offers one pricing dimension, AppZen Autonomous Accounts Payable, billed by Units under a contract commitment. You buy a set quantity of units that covers AI-driven invoice processing from inbox to OK-to-pay. Pricing scales with the number of units you commit to, so you size your purchase to your invoice processing volume. There are no separate tiers or instance sizes to choose from. All capabilities fall under this single unit-based structure, and your contract fixes the committed quantity for the term.
Top-of-mind questions for buyers
A unit maps to invoice processing capacity, covering the full lifecycle from the AP email inbox to OK-to-pay. This includes invoice capture, coding, approval routing, PO matching, duplicate and fraud detection, and compliance checks. You size your unit quantity to your expected invoice processing volume for the contract term.
Your contract fixes the committed unit quantity for the term. If your invoice volume outgrows that quantity, you would need to adjust your commitment rather than have it scale automatically. Contact the vendor to discuss adding units or expanding your contract to match higher processing needs.
The single unit-based dimension covers AI invoice processing from inbox to OK-to-pay. E-invoicing works as a plug-in with the Autonomous AP solution for XML validation and compliance. Multi-language document processing is described as a capability of Autonomous AP. Confirm with the vendor which capabilities your unit commitment includes.
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Vendor support
Obsessing over customers is our #1 core value:
Service-level-commitments Our services have consistently performed at an uptime of 99.9%. Our uptime monitor measures monthly, excluding holidays, and scheduled maintenance. Uptime and downtime measurements will exclude periods affected by regular maintenance, and any time the AppZen service is not available due to circumstances beyond AppZens control, including (i) modifications of the AppZen service by any person other than AppZen or a person acting at our direction; (ii) problems caused by failed Internet connections or other hardware, software, or equipment which is not owned, controlled or operated by AppZen; or (iii) network intrusions or denial of service or other criminal attacks.
https://info.appzen.com/hubfs/Resources/027-DS-customer-support_22DS06.pdf?hsLang=en
You can reach the support team at support@appzen.com
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