Accounting Seed Launches AI Invoice Capture to Supercharge AP Automation
New feature leverages machine learning to auto-code invoices, eliminate errors, and accelerate the accounts payable process
AI Invoice Capture goes beyond basic OCR by learning from previously processed invoices. It intelligently predicts how to populate key fields—such as GL expense account, product and project—based on historical behavior, ensuring consistency and reducing time spent on data entry.
"AI Invoice Capture represents a major leap forward in making finance teams more efficient," said
On average, finance teams spend over 500 hours annually on manual AP tasks. AI Invoice Capture improves efficiency by:
- Automating invoice intake and coding
- Reducing labor costs and manual errors
- Accelerating processing for improved cash flow
The feature combines capturing fields (like amount and date) with predicting fields (based on learned user behavior), creating a smarter and more efficient AP workflow.
"AI Invoice Capture continues to learn from your business over time, automating more of the invoice process with each use," said
Visit our website to learn more about AP Automation.
About Accounting Seed
Accounting Seed launched in 2011 as a Salesforce-native accounting solution, effectively bringing Accounting and Customer Relationship Management (CRM) securely under one roof. The native sharing of data on the Salesforce Platform gives all departments a real-time view of business performance from sales to operations to finance—while enabling greater efficiency through automation and paving the way for financial growth. Learn more at www.accountingseed.com.
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SOURCE Accounting Seed
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