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PredictAP Reviews & Product Details

PredictAP Overview

What is PredictAP?

PredictAP is a cloud-based invoice capture solution for real estate accounts payable. It integrates with existing AP workflow automation systems to reduce the manual entry required to get invoices ingested, indexed, and coded. It automates ingestion and uses AI and your vendor history to fully code invoices in seconds. Key features include enhanced error detection, bulk upload via email, automated GL, expense account, and property coding, SSO, and secure two-way sync with your accounting system.

PredictAP Details
Languages Supported
English
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Product Description

PredictAP is an AI-powered invoice capture solution purpose-built for real estate accounts payable. It saves time by eliminating manual data entry from invoice ingestion and coding, and integrates with leading AP automation solutions focused on real estate. PredictAP uses historical invoice data and AI to identify coding patterns, and ingests, indexes, and codes invoices during upload, helping real estate AP organizations scale team capacity, boost compliance and visibility, and reclaim valuable time.


Seller Details
Year Founded
2020
HQ Location
Boston, MA
Twitter
@predictap
46 Twitter followers
LinkedIn® Page
www.linkedin.com
23 employees on LinkedIn®

Karo S.
KS
Overview Provided by:

Recent PredictAP Reviews

Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Implemented and use daily for approval of department invoices"
Easy to use, user friendly experience, accurate. First AP invoicing product I have found that just works without any frustration. Huge manpower sav...
HS
Hilke S.Mid-Market (51-1000 emp.)
5.0 out of 5
"PredictAP Review"
PredictAP integrates very well with Yardi and does much more than a simple OCR system. We tried another solution previously which did not integrate...
HF
Hannia F.Small-Business (50 or fewer emp.)
4.0 out of 5
"Helpful and speeds processing time"
Cuts down the time on processing invoices.
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PredictAP Media

PredictAP Demo - PredictAP Invoice Queue
See all invoices pending review or in progress - all fully coded during upload
PredictAP Demo - PredictAP Invoice Record
All invoice header fields are populated with data from the invoice, while coding is auto-populated using AI and past invoice history from your ERP
PredictAP Demo - Invoice with multiple detail lines after being submitted to Yardi Payscan
Multi-line invoices with complex allocation are also coded automatically
PredictAP Demo - Suspected Duplicate Flagging
Potential duplicates are flagged for review immediately to protect against fraud attempts and accidental duplicate payments
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Have you used PredictAP before?
Yes

32 PredictAP Reviews

4.8 out of 5
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32 PredictAP Reviews
4.8 out of 5
32 PredictAP Reviews
4.8 out of 5

PredictAP 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 PredictAPQuestion

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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HS
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PredictAP?

PredictAP integrates very well with Yardi and does much more than a simple OCR system. We tried another solution previously which did not integrate well with Yardi and did not deliver coded invoices as quickly and accurately as PredictAP. The system predicts GL accounts, coding allocations, properties, job codes, categories and adds notes. They system is fast; invoices are pushed to Yardi in seconds. The implementation of PredictAP was easy and customer service is excellent. I would highly recommend the product. Review collected by and hosted on G2.com.

What do you dislike about PredictAP?

I haven't found anything to dislike in PredictAP. Review collected by and hosted on G2.com.

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

Our company is growing rapidly and PredictAP is allowing us to process an increased volume of invoices quickly and accurately without having to add additional staff. Our team is able to focus more on analytics and less on data entry. Review collected by and hosted on G2.com.

ML
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PredictAP?

- Fast implentation. Took about 1 hr to setup in Yardi. No need for expensive development cost.

- Low risk. Pilot period to get out of contract if not satisfied.

- Proven and tested by 30+ Yardi customers. I don't like to be the beta tester of new company.

- AI. Who doesn't want to embrace AI? We did not have to spend hours or days setting up vendor templates. PredictAP reads our history and start coding from the beginning.

- Accurate. With the use of AI, it can code invoice header and line level details. Most other vendors can't do line level details (gl, entity, and job code details of each line). Review collected by and hosted on G2.com.

What do you dislike about PredictAP?

- It was not the lowest price per invoice solution but very reasonable.

- The AI currently as of 12/2023 is not to "learn" the details or notes of line level detail. It does not have a confidence percentage and cannot automatically push the high confidence invoices to the next step.

- The web portal does not handle the tab key correctly. When selecting the code from drop down box and pressing tab, it will not select and save code and will revert to blank or previous code.

- Most of these issues are minor and will be addressed in future development. Review collected by and hosted on G2.com.

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

Input errors, coding issues, and labor. Review collected by and hosted on G2.com.

Verified User in Real Estate
AR
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PredictAP?

Upload and push to Yardi is very quick. This is a much more efficient way to get our invoices into Payscan. We previously had property personnel manually scanning and uploading and they have gotten huge amounts of time back from not having to do this. Although predictions are not 100% correct the system is very accurately predicting things like invoice number, date, amount etc so even with errors, cutting down on just those keystrokes alone saves a lot of time for our bookkeepers - especially since typing these fields in Elevate is so slow to load. Our goal was not to reduce headcount but to help stressed employess cut down on workloads and I think this has been successful on that front. Review collected by and hosted on G2.com.

What do you dislike about PredictAP?

Waiting on front end admin functionality so we can maintain our own users and especialy looking forward to being able to mass reject/mark duplicates and segment predictions. Those would be tremendously helpful! Review collected by and hosted on G2.com.

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

saving time, avoiding manual scanning Review collected by and hosted on G2.com.

Andrew S.
AS
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PredictAP?

The accuracy of the AI is amazing. It learns quickly and pulls the proper data points with a high level of accuracy. The statistical reports I receive quarterly are great showing us the various data points and accurate the AI is working. Once the integration is done the software is a easy to use and involves very little upkeep. Great Sales and customer support. Review collected by and hosted on G2.com.

What do you dislike about PredictAP?

I do not have any complaints at this point. Review collected by and hosted on G2.com.

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

PredictAP has sped up the amount of invoices that can be coded and processed on a daily basis. Our company has been able to grow the amount of invoices we process without having to hire an additional resource to code invoices. Review collected by and hosted on G2.com.

Verified User in Real Estate
UR
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about PredictAP?

Easy to use, user friendly experience, accurate. First AP invoicing product I have found that just works without any frustration. Huge manpower savings. Review collected by and hosted on G2.com.

What do you dislike about PredictAP?

There is honetly nothing I dislike about this product. It has worked like a champ. I could not be happier with the product. Review collected by and hosted on G2.com.

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

A few additional features that PredictAP is working on that we are looking forward to. The only problems we have encountered has been with other vendor bugs in the implemenation. Review collected by and hosted on G2.com.

AF
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about PredictAP?

The implementation and integration with Yardi was quick and easy. Their user interface is better then Yardi's making it easier to review invoices and review past history. Their team is very professional and quick to respond to any issues or questions we may have. Review collected by and hosted on G2.com.

What do you dislike about PredictAP?

It's not a predict ap issue, but setting up the email forwarding for invoices was the most challenging part. It would be great if Predict AP could assist or provide some guidance on the available options. Review collected by and hosted on G2.com.

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

It helped us reevaluate our AP process and consolidate our AP departments. Review collected by and hosted on G2.com.

JB
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PredictAP?

I appreciate the software's rapid scanning, reading, and invoice processing capabilities. The pro-rata share feature for dividing invoices among multiple properties is a valuable aspect. Furthermore, its seamless integration with Yardi is highly efficient. Review collected by and hosted on G2.com.

What do you dislike about PredictAP?

Occasionally, PredictAP's "duplicate invoice" feature may experience glitches. The accuracy of its "prediction" can also be somewhat unreliable at times. Review collected by and hosted on G2.com.

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

PredictAP eliminates the need for manual invoice coding, streamlining the process and expediting tasks. With 30 invoices to handle, there's no waiting for someone else or having to personally input the codes. PredictAP swiftly deciphers and codes all 30 invoices in a matter of seconds. This efficient solution not only saves valuable time but also reduces payment delays for all parties involved. Review collected by and hosted on G2.com.

PB
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about PredictAP?

It's gets better as more data gets through their system Review collected by and hosted on G2.com.

What do you dislike about PredictAP?

Not much as it adaprs as more data gets through the system Review collected by and hosted on G2.com.

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

Makes AP more effecient as the invoice entry piece is taken care of Review collected by and hosted on G2.com.

HF
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: Organic
What do you like best about PredictAP?

Cuts down the time on processing invoices. Review collected by and hosted on G2.com.

What do you dislike about PredictAP?

Due to multi-divisions that prediction can be off at times Review collected by and hosted on G2.com.

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

Less personnel, so this helps at time of processing invoices. Review collected by and hosted on G2.com.

Verified User in Real Estate
ER
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PredictAP?

PredictAP allows us to streamline the invoice data entry process, eliminate the need for manual data entry and make time for more value added work. Review collected by and hosted on G2.com.

What do you dislike about PredictAP?

We can't send a batch of invoices together in one package but need to break out each invoice per entry. Review collected by and hosted on G2.com.

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

Eliminating having a large AP team who does data entry all day. This now creates more time to spend on streamling the payment process to make it more efficient Review collected by and hosted on G2.com.