AP Automation & E-Invoicing Solution
Let's get digital
Elevate AP with the #1 network solution for automating the heck out of accounts payable processes. Go paperless and touchless for the whole order-to-pay cycle. Automate invoices by capturing them digitally—and get AI to do the rest. Pairs well with pleasing suppliers, kicking butt, and impressing CFOs.
AI for the boring stuff.
Pay’s incredibly cool AI layer automates the automatable even further. With ap automation, let AI do your coding and approvals by learning from you, to become smarter and smarter.
Apps for what’s next.
Unlike suite solutions, Pay is part of a b2b network. So you can activate apps that are as widely varied as your business. Wherever tomorrow takes you.
Don't just onboard sellers. Build a network.
E-invoicing takes two to tango, buyers and sellers. Pay offers a guaranteed supplier onboarding rate, plus real value to pull in sellers. Value like e-invoicing and supplier analytics with Tradeshift Engage. And access to working capital with Tradeshift Cash. As you digitize your b2b network, you can draw your sellers into a closer relationship.
Capture and validate invoices. Truly digitally.
Pay takes in all your invoices digitally, regardless of how your seller sent them. The document firewall makes sure each invoice complies with your business rules. Multi-way matching aligns invoices received with other purchasing documents, like orders and contracts. So only those that are good to go can get through. And you can process more invoices per FTE.
Give the busywork to AI. Like a boss.
Let AI-enhanced ap automation learn how you want to code and approve invoices, then effectively eliminate those steps for you. Dial up or down the desired amount of AI-powered action in the ap automation dashboard. And get closer to celebrating exception-free AP. #careergoals
Pay people, not invoices. It's nicer that way.
After automation, what’s left for people to do should be human-friendly. Like the ability to customize your workflow just so. Reassign a batch of approvals to Monica—with a thank-you attached. Get Bob to finally approve that one invoice. Then let the seller know it’s all. After all, the end goal isn’t processing an invoice, but paying a person.
Even the best organizations still have some way to go to improve their processes. AP automation is a journey and not a destination. It needs to be worked at continuously.
Bob Cohen, Vice President of Research and Marketing
Ardent Partners: Accounts Payable Metrics that Matter in 2023
Ardent Partners’ 2023 Metrics that Matter report, in association with Tradeshift, highlights AP’s growing reputation as a center for strategic insight and actionable intelligence. But if 2023 is the beginning of a new era for the accounts payable function, then it’s an uneven transition.