Hyperautomated Accounts Payable

Q: Does the system recognize duplicate invoices?

With invoice automation, the system captures supplier invoice details which enables it to detect duplicate invoice before they are processed for payment

Reduce manual processes and get compliance monitoring with ProSpend’s Accounts Payable Automation solutions featuring workflows, invoice approval limits, fraud control and supplier management

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OCR- but not as you know it

ProSpend’s invoice scanning and extraction service is powered by artificial intelligence (AI) and machine learning (ML), constantly learning with every document processed – enabling automated data extraction from any number of document designs

It is designed to handle even the most complex invoice formats with ease, using advanced Natural Language Processing (NLP) to accurately extract data. Our machine learning-powered engine has been trained on millions of supplier invoices delivering exceptional first-time accuracy.

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Plus Human-In-The-Loop (HITL) = 100% accurancy

ProSpend has been a market leader in delivering an uncompromising invoice extraction service with HITL. HITL machine learning can be thought of as attended machine learning and it allows us to guarantee 100% accuracy on invoice data extraction. Without the HITL model, every time an exception is received it will require manual data entry by the finance team and because the machine is not trained, low accuracy rates will continue.

In our opinion, that’s just not a complete service. Document exceptions are handled by ProSpend within our end-to-end process and this process is managed entirely by our team.

"ProSpend delivers a system that achieves the perfect harmony between the work of machines and that of people; the more you use it, the smarter it gets."

Learn More about Hyperautomation

Calculate Your Savings Now

Don't let manual processing drain your budget. You could save thousands of dollars every month with ProSpend's AP Invoice Automation.

Try our ROI Calculator to find out how much your business can save.

ROI CALCULATOR

Friends School

We certainly have found ProSpend to be a significantly more efficient and effective approach to our purchasing and expense processing and has proven to be well worth the investment.

Friends School Story

Montessori Academy

Montessori highly recommend ProSpend as an outstanding Accounts Payable (AP) solution. We believe it is an excellent choice for any organisation seeking a streamlined and efficient AP process.

Montessori's Story

Barwon Coast

With ProSpend our Managers have better visibility and control along all the steps of the invoice entry, approval and payment process and their year to date spend against budget, with no need to wait for EOM reports.

Barwon Coast's Story

Acrux

ProSpend's PO and invoice module matched to our needs perfectly. The system allows users to create POs, get them through the approval process and automatically match to the invoice when they come in.

Acrux's Story

Stop fraud in it's tracks

ProSpend uses OCR and AI technology to scan every invoice and the data extracted initiates a rigorous multi-check process.

Errors and anomalies are identified immediately giving your business protection from fraud and payment mistakes.

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Integrated database
Supplier maintenance
Trading term options

Keep your suppliers in sync

Minimise errors and inconsistencies by maintaining a single source of truth for supplier details.

The database can be maintained easily through a one-off update, import or synchronisation with a range of ERP's

Highly configurable options for suppliers

Full control by AP for supplier maintenance

Invoice delivery method
Auto coding - cost centre and g/l code
Data extraction options
Payment terms
Approval workflow
Currency
PO Matching

Pay suppliers on your terms

Configure how you want to pay. On scanning the invoice into ProSpend our software will use your preferred configured supplier due date

"I believe it is an excellent choice for any organisation seeking a streamlined and efficient AP process."

“The expensemanager (now ProSpend) invoice module has automated our accounts payable process. As a result we have saved hard dollars in printing, filing, storage and man-hours. ”

"We’ve reduced the time to process a supplier invoice approval and payment by a number of days, it’s visible to everyone and now paper-free."

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"We’ve reduced the time to process a supplier invoice approval and payment by a number of days, it’s visible to everyone and now paper-free." - Jamie Hughes

RGF

“The expensemanager (now ProSpend) invoice module has automated our accounts payable process. As a result we have saved hard dollars in printing, filing, storage and man-hours. ” - Gavin Finn

Montessori Stacked (1)

"I believe it is an excellent choice for any organisation seeking a streamlined and efficient AP process." Danny Nassif

The OCR captures key data fields on the supplier invoices, supplier name, invoice number, descriptions, amount and GST

With PO module, when an invoice is scanned, it will look for a PO number. When PO number is found we will match this to the invoice

With invoice automation the system captures supplier invoice details which enables it to detect duplicate invoice before they are processed for payment

Yes, you can attach multiple supporting documents to an invoice

Yes, ProSpend (formerly expensemanager) has its own app found on Apple App Store or Google Play for on-the-go functionality.

Yes, we have a dedicated support team based in Australia that is one call or email away.

AP automation doesn’t have to be expensive. The key is finding an AP automation solution that fits your business’s unique needs and goals. With ProSpend’s customisable modules, you can pick the features that you need. Calculate the estimated cost based on your chosen preferences with our Pricing Calculator.

Definitely! With AP automation, you can reduce the amount of time handling tedious manual processes, improve accuracy, reduce invoice fraud and ensure compliance. This means better productivity, allowing you to focus more resources on your business goals.

We understand that every company is different. Based on your company’s workflow and structure, we at ProSpend develop a customised implementation plan with dedicated training and UAT sessions to help you transition and use our AP automation platform to the fullest.

One Unified Platform for spend management and proactive control

Expense Manager

AP Manager

Spend Control

Hyperautomated Accounts Payable

Hyperautomated Accounts Payable

With ProSpend’s AP automation, finance teams cut processing time in half, reduce invoice errors, and gain complete visibility into cash flow.

Take proactive AP automation to the next level with ProSpend's Purchase Order Module

Automate the entire process

✅ Go from manual to automated ✅ Stop fraud in it's tracks ✅ Reduce time and money ✅Automate invoice approvals

Ready to see how it works.

Check out the video now!

OCR- but not as you know it

"ProSpend delivers a system that achieves the perfect harmony between the work of machines and that of people; the more you use it, the smarter it gets."

Protect your business from double payments

Configurable and intuitive coding

Header or line item extraction

Statement Reconciliation

Explore all the features of our Accounts Payable Module

Bank Account Validation

Supplier Average

Calculate Your Savings Now

What our customers say

Join these modern finance teams that trust ProSpend to automate their business spend.

Stop fraud in it's tracks

Integrated supplier management

Integrated database

Supplier maintenance

Trading term options

Keep your suppliers in sync

Highly configurable options for suppliers

Pay suppliers on your terms

What our customers say

The smartest and most efficient way to manage your spend.

What our customers say

The smartest and most efficient way to manage your spend.

Need clarification?

What does ProSpend invoice scanning do?

Can the system match purchase order to an invoice?

Does the system recognize duplicate invoices?

Can you attach multiple documents to an invoice?

Is ProSpend mobile or tablet friendly?

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Is AP automation expensive?

Is AP automation worth it?

How to implement AP automation?

One platform for all your business spend