Automated Payables & Receivables Software

AI invoice scanning and purchase invoice automation

AI powered automatic accounts payable automation without the need for 3rd party integrations

Optimise your purchase invoice processes, delivering unrivalled efficiency for your hard working accounts payable department.

Expanding our extensive workflow approvals, our Accounts Payable Automation module delivers clarity, efficiency and simplicity , removing time consuming manual data entry.

Accounts Payable Purchase Automation

Iplicit places the power of intelligent AI in the hands of your hard working accounts payable department.

Choose to use our own embedded AI tools as part of your automation workflow to read in your incoming emailed supplier invoices, or leverage our extensive  API integrations to 3rd party software such as Lightyear. Both options can deliver provable efficiency gains, automation, and reductions in human error.

Our intelligent AI software compares your incoming invoices against your supplier records, purchase orders or delivery notes on a line by line basis. You get to review and approve  the matches before the system creates the resulting transactions for you, ensuring you are in full control of the automation, avoiding cumbersome and repetitive data entry.

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Credit Control Software

Easily track your customer aged debt and automatically generate reminders and tasks.

Credit Control colleagues can instantly view on screen all customer debt exposure, outstanding transactions, internal credit control notes, escalations, and payment histories.

Our debt chasing automation allows you to set a grace period  before iplicit sends the appropriate reminder  to the customer for the specific debt, from gentle reminders to escalated legal warnings. You remain fully in control while iplicit does the hard work for you.

Accounts payable automation is an accounts payable / purchase invoice automation

process that streamlines the work of  the entire finance team by seeking to match each  invoice and each line on an incoming emailed purchase invoice with a supplier record. This avoids the need  to manually enter invoices or go searching for  the right purchase order or purchase delivery note.

 

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

Yes, iplicit has developed its own AI-powered accounts payable automation features, giving  customers the opportunity to benefit from AP software without the need for external   3rd  party OCR systems.

iplicit’s AP automation software receives your incoming emailed purchase invoice from the supplier and examines each incoming invoice line by line. It searches the appropriate legal entity in iplicit, the Supplier and purchase order list, to find likely account matches. Your finance colleagues can then review the suggested matches and each time you approve  a match,  a corresponding multi-line purchase invoice is created in the system. 

Yes, iplicit integrates with Lightyear straight “out of the box” via our API technology and can be easily integrated with other AP automation software too where a client might have existing  3rd party solutions that they would like to retain . This gives the iplicit customers the freedom to choose from a range of accounts payable software options.  

The design behind AP automation is to suggest matches between  orders, invoices and suppliers, however a member of the team still has to approve them prior to any purchase invoice or credit note being created. iplicit’s AP automation solution  also shows you on screen on a field by field basis, how confident it is about the proposed match. The AI components learn from human decisions and any manual matching constantly, therefore your suggested matches become ever more accurate over time, becoming even more efficient.

Yes, iplicit keeps track of who owes you money and for how long. It can issue the appropriate reminders and warning letters to aged debtors,  and track the management of your credit chasing activities, following your own internal policies.

Yes, iplicit’s accounts receivable  functionality makes the process of managing aged debtors so much more efficient and automated.

iplicit keeps track of each and every debt and can automatically chase them for you  – generating the appropriate escalated reminder emails, from gentle reminders to legal warnings.

Read Our Reviews

Find out what others have to say about iplicit read our customer reviews.

Don't Take Our Word For It

Here's What Our Customers Say

Insight Associates

Garry Mumford

‘Could I have an ‘I Love iplicit badge please?’ The experience we’ve had with you guys so far has been second-to-none. It has been an absolute delight. I can’t fault the desire on the part of the iplicit team to help find a solution, no matter what the challenges were during the migration.’

Third Energy

Ruth Motley

‘We looked at a number of systems in the marketplace including NetSuite, SAP, Sage and iplicit. It came down to a choice of two systems in the end, because NetSuite was unresponsive and Sage 200 seemed like a step backwards. While SAP was interesting, it was just too expensive and iplicit delivered everything we wanted at much less cost.’

Imperial Society of Teachers of Dancing

Keith Stephenson​

“Being able to rehearse workflows and play with configurations, without risk, has been invaluable to us and also serves to make us much more confident with customisation.”