Aavenir Accounts Payable Automation Reviews & Product Details

Accounts Payable Automation Solution built on ServiceNow Aavenir Invoiceflow is the future-ready AI-enabled invoice data capture, verification, and approval solution built on ServiceNow. Aavenir’s smart AP Automation software solution uses the most advanced artificial intelligence and machine learning technologies that learn an organization’s unique invoices patterns to simplify invoice-coding from any format of multi-page invoices (pdf, image, word document). Built on the Now platform®, Aavenir Invoiceflow offers 1. Single-touch point for all invoice processing requests: Automatically capture invoices from a single email inbox and categorize invoices by type or dollar amount. Automated invoice data entry: Use the advanced and proprietary Artificial Intelligence (AI) engine to extract the key invoice terms from any invoice format. No need for static rules or pre-set templates! 2. Automated 2-way/3-way data verification & matching: Matching of the invoice extracted data with the associated PO and Receiving slip records, based on the match configuration setup. 3. Robust invoice approval workflow: An easily configurable approval workflow that brings the AP team and non-accounting team on the same platform to expedite the AP process and save the cost of PO/non-PO invoice processing. 4. Analytics and Dashboard: Get complete visibility on the spend management including spend by category, spend by the vendor and spend by cost center.