Accounts Payable
Automation Platform

Smart Access to Data Sources

A point of entry for documents

Automated Document Collection and Classification: Handling PDFs, JPGs, and PNGs from Multiple Sources

Document Classification and Data Recognition

iKapture information central engine to identify document and data

Classification of documents using AI/ML (e.g., tax invoices, credit notes, commercial invoices, legal invoices, invoice support document , etc…)​

Empowered end user with “Woven Synonyms” ( AI/ML/NLP base)​

Approach – Key-value pairs and Cropping for retraining

Role Based Access​

Authorized users to view & perform operations

The iKapture (Account Payable) portal is governed by role-based access control (RBAC), and dashboards are structured by AP user, Manager, and Finance Head (CFO).

Authentication

Centralized governance ad Stringent security​

ikaptures’ top priority is transaction security.​

Reduce IT workloads: Queries and employee support requests concerning forgotten passwords or lost credentials are eliminated.​

Users of iKapture can access the account payable portal using SSO with just one set of login credentials.

​MFA(multi-factor authentication) for external users, such as suppliers , to access the portal. ​

Matching

Automating the matching process with rules to minimize manual effort and to pinpoint the exceptions

iKapature’s automated invoice matching eliminates gaps between purchase orders and invoices during the creation and approval processes for 2Way and Goods Receipt Notes / Service Receipt Notes in case of 3Way.

The goal is to ensure accurate cost accounting, eliminate human error , and on-time vendor payments.

non – PO

Processing of documents that are not pre-approved

The iKapture platform gives flexibility to Non-PO invoicing for one-time or ad hoc transactions. In addition to enabling additional monitoring, the iKapture platform will assist businesses track them.

360-Degree Visibility

Invoice life cycle using reports, dashboards and metrics.

View, track, and send invoice communications and activities from a central location without logging into your accounting system or ERP.

Fraud Detection​

Detecting fraudulent invoices

Alert to AP team on suspicious invoice ​

Rule-based and AI/ML-based techniques for detecting fraud​

Supplier Segmentation​

Strategic process of categorizing suppliers based on specific criteria.​

Easy way to find your bottleneck supplier, collaborative supplier and strategic supplier

Manage Risk and Vulnerability of Supplier

Establish Better Relationship with Supplier​