What is Vic.ai?
Vic.ai is an AI-driven platform that provides access to a vast array of AI technologies for accounting and finance needs, including autonomous invoice processing, PO matching, approval flows, payments, and analytics.
Features of Vic.ai
Autonomous Invoice Processing
Vic.ai's autonomous invoice processing platform uses AI to optimize accounts payable and make enlightened decisions. With Vic.ai, teams can improve invoice processing productivity by 355%.
Autonomous PO Matching
Vic.ai's PO matching feature boosts accuracy and speed by analyzing all document types, instantly identifying discrepancies across multi-line invoices and POs, and streamlining approvals.
Autonomous Approval Flows
Vic.ai's approval flows route invoices to the right person, every time, using AI to autonomously process and approve invoices with no human touch required.
AI-Powered B2B Payments
Vic.ai's payments feature turns the AP department into a profit center, saving time, surfacing early payment discounts, and reducing the risk of fraud.
AI-Driven Analytics
Vic.ai's analytics feature provides real-time insights on invoice processing data, team performance, and business trends, enabling enlightened decisions.
How to Use Vic.ai
Vic.ai is designed to work with any ERP system, integrating seamlessly with leading ERP systems and accounting solutions to deliver compatible AI-first capabilities. The open API is flexible and scalable enough to handle any environment or use case.
Benefits of Vic.ai
Vic.ai's customers spend less time, have fewer errors, see more effective approvals, and benefit from seamless ERP integrations. Vic.ai adds up to 5x faster invoice processing, 85% no-touch rate by month, and 67-month payback period.
Frequently Asked Questions
What is Autonomous Accounting?
Autonomous accounting is the use of AI to automate and optimize accounting processes, enabling finance teams to make enlightened decisions.
What is the ROI of Autonomous Invoicing?
The ROI of autonomous invoicing includes improved productivity, reduced errors, and increased efficiency.
What is AP Hyperautomation?
AP hyperautomation is the use of AI to automate and optimize accounts payable processes, enabling finance teams to make enlightened decisions.
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