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Our Solution

A/P processing is a tedious process, especially if you do it manually. You will need to hire full-time employees who must spend long hours each day looking into each invoice. If your company is one of those who handle thousands of invoices weekly, you probably constantly encounter human errors and backlogs, which will delay vendor payments.

Do you still process your accounts payable manually? Then you’re probably dealing with large backlogs, high costs, and losses from human errors. It’s time to switch to automated invoice processing.

Manual invoice verification is error-prone and labor-intensive, especially if you have a 3-way matching accounts payable process. Get back control of your finances by using invoice automation software.

AP Invoice Processing Automation
AP Invoice Processing Automation Software | Hermes

Our robust invoice management software will let you process invoices more efficiently and offload your team of repetitive and laborious tasks.

Ready to switch? Try Hermes today. This invoice automation software combines artificial intelligence, optical character recognition, and cloud-based processing to eliminate mistakes, drive down operational expenses, and speed up automated invoice processing.

Here’s how it works:

  • Hermes uses AI to read incoming invoices from your emails. It also uses OCR technology to convert scanned invoices into text.
  • Straight-through automatic invoice processing extracts data without manual intervention.
  • Hermes generates a report that contains exceptions and errors for manual review.
  • Custom approval mechanisms? No problem, Hermes has them too.
  • Processed invoices are automatically uploaded to the accounts payable ERP.
  • Your team can use customized filters to create ad-hoc reports and audit logs.

Invoice automation software like Hermes can automate, simplify, and accelerate your A/P process. It works 24/7, saving 90% of costs and requiring only 10% human intervention to handle exceptions.
Automated invoice processing

If you’re ready to see how automatic invoice processing powered by Hermes can revolutionize your business, request a demo today. We’ll at no additional cost analyze your current A/P system and identify any issues that have been causing delays. We’ll then recommend AP automation solutions that can make the process more efficient.

Introducing Hermes AP Automated Invoice Processing Software

Our Solution to Your Never ending Backlogs and Erroneous Manual A/P Processing

  • Reduce A/P invoice processing time from five minutes to 20 seconds
  • Save as much as 77 hours weekly, equivalent to the time and effort spent by four full-time employees
  • Handle backlog and overnight invoices
  • Reduce human errors and improve the quality of output
  • Increase invoicing speed and scale down human dependency

How Hermes Accounts Payable Automation Works

The platform receives invoices through email, FTP, or secure FTP
The bot downloads the invoice from the email
The bot reads the invoice using the OCR technology
The bot extracts the needed data from the invoice
The bot pushes the invoices it can’t read for manual review by an A/P department staff
The bot checks the invoices against the master file
The bot produces a report that the user can export to Excel, PDF, or XML

What the Numbers Say

  • Scaled up A/P processing from 8/5 to 24/7 system
  • 90% savings due to reduced processing time from eight to 0.83 minutes
  • 0 backlogs
  • Total A/P processing time reduced by ten days and free up time for analysis and review
  • 65% boost in productivity
  • Only 10% of human effort required
  • 0% error rate and minimized data breaches and operational risk
You also improve customer service and vendor relationships due to transparency, improved communication, and data accessibility.

The Technologies We Use

  • Artificial Intelligence (AI) – to understand the essential workflows and processes for automation and creation of custom business rules for each vendor
  • Optical Character Recognition  (OCR) – to read the invoices and process them with 100% accuracy before transferring them to the ERP system as input
  • Cloud-Based processing – to allow authorized users to access the platform anywhere and anytime activity Only 10% of human effort required 0% error rate and minimized data breaches and operational risk
Automation software
Custom Invoice Software

Work with Us

We understand your accounts payable processing issues, so here’s a solution to speed the process without sacrificing output quality. Pay your vendors on time and minimize backlogs and errors.