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OpenEnvoy Reviews & Product Details - Page 2

OpenEnvoy Overview

What is OpenEnvoy?

OpenEnvoy is the Applied AI platform that unifies payables, contracts, receivables, and transactions to free Finance teams from clerical work. OpenEnvoy provides customers with AI that eliminates coding errors, over-billings, and fraud to improve operating efficiency and cash flow without impacting suppliers or IT. With OpenEnvoy, customers have eliminated more than $400M in losses. To learn more about OpenEnvoy, visit www.openenvoy.com and follow us on LinkedIn.

OpenEnvoy Details
Languages Supported
Afrikaans, Arabic, Catalan, Czech, Danish, German, English, Estonian, Finnish, French, Croatian, Hungarian, Indonesian, Icelandic, Italian, Japanese, Latvian, Lithuanian, Malay, Dutch, Norwegian, Polish, Portuguese, Romanian, Slovak, Slovenian, Spanish, Albanian, Serbian, Swedish, Tagalog, Turkish, Vietnamese, Chinese (Simplified)
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Product Description

Invoice reconciliation for overworked finance teams. OpenEnvoy audits every invoice for duplicate billings, excess charges, and supplier fraud and has audited over $2 billion in spend to-date through automation.


Seller Details
Seller
OpenEnvoy
Year Founded
2020
HQ Location
San Mateo, US
Twitter
@openenvoy
238 Twitter followers
LinkedIn® Page
www.linkedin.com
68 employees on LinkedIn®

Matthew T.
MT
Overview Provided by:

Recent OpenEnvoy Reviews

Verified User
A
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Awesome Tool"
OE is easy to navigate, and is a great tool for reconciling invoices.
Amy L.
AL
Amy L.Mid-Market (51-1000 emp.)
4.5 out of 5
"Useful for Organizing and Processing AP invoices"
Open Envoy has saved a lot of time in our AP reconciliation process. By being able to automatically match a lot of invoices from the get go, Open E...
NM
Nayantara M.Enterprise (> 1000 emp.)
5.0 out of 5
"Great technology that can solve complex use cases"
The platform has multiple features and is easy to use. The customer support is great which helps in easening implementation and integration.
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OpenEnvoy Media

OpenEnvoy Demo - OpenEnvoy Dashboard
OpenEnvoy uses enterprise-grade AI technology to provide finance teams with complete control over their payment processes. Our AP automation solution eliminates overpayments, controls fraud, and provides total visibility into spend.
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16 OpenEnvoy Reviews

4.6 out of 5
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16 OpenEnvoy Reviews
4.6 out of 5
16 OpenEnvoy Reviews
4.6 out of 5

OpenEnvoy Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for OpenEnvoyQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Swapnil D.
SD
Lead System Analyst
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about OpenEnvoy?

The team! They are very honest, skilled and responsive. The developers from India work in US hours. The thing I liked most about them is commitment and responsiveness. The application is AD enabled, so no new login credentials to remember. Review collected by and hosted on G2.com.

What do you dislike about OpenEnvoy?

The filtering capability of files is very basic. You have to create a lot of tags to filter files. There are lot of freight related standard fields that are missing from filters. Scope of improvement for product to make it more configurable than customized through code. Also, the inbuilt BI dashboard is very basic and can be improved for in-depth BI. Review collected by and hosted on G2.com.

What problems is OpenEnvoy solving and how is that benefiting you?

Freight payment audit and automation. OpenEnvoy is able to connect to our financial system to gather freight estimates, compare the invoice against rates and auto pay if everything matches or flag for manual review if above matching tolerance or allow to mark for disputes. The inbuilt BI dashboard is also valuable, but has great scope of improvement. Review collected by and hosted on G2.com.

Quinn S.
QS
Accounting Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about OpenEnvoy?

The tool is saving our team a lot of time in processing and reconciling bills. We get over 1,000 AP invoices a month so the volume has used to be a bottleneck. Review collected by and hosted on G2.com.

What do you dislike about OpenEnvoy?

The start-up time took much longer than anticipated. Our initial go live was supposed to be Q4 2021 and our actual go live was Q1 2022. Review collected by and hosted on G2.com.

Recommendations to others considering OpenEnvoy:

Be very specific about your needs for reconciling bills and lay out all the possible scenarios and pitfalls. Review collected by and hosted on G2.com.

What problems is OpenEnvoy solving and how is that benefiting you?

Keeping up with our AP reconciliation process used to be very challenging. Now we can reconcile bills promptly while keeping up with our other work. Review collected by and hosted on G2.com.

Verified User in Marketing and Advertising
AM
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about OpenEnvoy?

OE team has been really great to work with! They have managed to build a solution based on our very specific needs. They are also always iterating & improving their product. Very hands-on team with quick turnaround time. Review collected by and hosted on G2.com.

What do you dislike about OpenEnvoy?

N/A. The team and product has been great so far Review collected by and hosted on G2.com.

What problems is OpenEnvoy solving and how is that benefiting you?

- Removing manual data entry of bills

- Faster & more accurate entry of bills Review collected by and hosted on G2.com.

Kurt S.
KS
Director Of Finance And Accounting
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about OpenEnvoy?

Open Envoy allows us to abandon redundant tasks and make us more efficient. The application is easy to use and the Open Envoy staff has been wonderful to work with. Review collected by and hosted on G2.com.

What do you dislike about OpenEnvoy?

I am typically hard to please when it comes to new applications, but the application has not only increased our productivity but also enhanced internal controls. I can't dislike results such as that Review collected by and hosted on G2.com.

What problems is OpenEnvoy solving and how is that benefiting you?

We are now able to concentrate on the issues rather than doing redundant tasks. Our staff can now focus on issues that open envoy highlights for us. Eliminating manual tasks is a plus for everyone Review collected by and hosted on G2.com.

Verified User in Broadcast Media
UB
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about OpenEnvoy?

Openenvoy has greatly reduced the number of hours spent on entering and reconciling bills. The team is also very responsive and will help customize the tool to your needs. Review collected by and hosted on G2.com.

What do you dislike about OpenEnvoy?

The implementation process took longer than we expected. Review collected by and hosted on G2.com.

What problems is OpenEnvoy solving and how is that benefiting you?

OE has helped improve our AP reconciliation process. It has removed the manual data entry portion, and we can now reconcile invoices faster and more accurately. Review collected by and hosted on G2.com.

Verified User in Broadcast Media
EB
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about OpenEnvoy?

OpenEnvoy has near-completely automated what used to be a highly manual process. We get thousands of bills a month that often require manual review and reconciliation - now we can get through everything far more quickly and accurately. Review collected by and hosted on G2.com.

What do you dislike about OpenEnvoy?

Initially, there was a pretty steep learning curve as the OE team dug into our specialized processes. However - they were incredible partners and worked through everything with us and we came out the other side better for it. Review collected by and hosted on G2.com.

What problems is OpenEnvoy solving and how is that benefiting you?

We've been able to reallocate team resources away from manual entry and to more sophisticated reconciliation and technical projects. Review collected by and hosted on G2.com.