AppZen Autonomous AP is an AI-first application that can autonomously process the majority of manual invoices end to end at minimal to zero manual touches, with 100% confidence! The intelligent AI software learns quickly and automatically adjusts its predictions based on just two to three data samples of user feedback. With Autonomous AP, most invoices move from “extraction” to “ok-to-pay” with no human intervention, thereby improving your invoice processing efficiency by up to 80%.
- What is Autonomous - Defining the term and how it relates to invoice processing.
- Understanding Levels of Autonomy - Where does AppZen Autonomous AP fit within the levels of autonomy in the current market.
AppZen Autonomous AP core technology helps with automation throughout the invoice process. The core technology includes:
- Extraction - Extraction strips the data off of the manual PDF and makes it in a digital format.
- Review Data - Providing validity of accuracy of the data extracted throughout the process.
- PO Matching - Process for invoice approval that involves checking the line items of an invoice.
- GL Code Prediction - Using AI to make an educated guess on GL codes for invoices with no PO.
- Validation - Detecting compliance and fraudulent issues such as duplicates.
- Integration with Processing Systems - Ability to sync with customer ERP systems on invoice status
The AppZen Autonomous AP features help the AP processor quickly identify how to access, submit invoices, manage and take action on invoices that require attention.
- AppZen Autonomous AP Access and Navigation - Autonomous AP Navigation and access
- Submitting Invoices - You can submit invoices to Autonomous AP via email or API
- Managing Invoices - Ability to manage invoices on the workbench
- Invoice Details Page - View validations and extraction results
- Invoice Data Form - Take action on invoices that require attention
AppZen Autonomous AP Models
Models are used to audit invoices, detect duplicates, and verify suppliers. Thereby helping organizations stay compliant. Autonomous AP uses the following models.