Made By
Glean AIReleased On
Glean.ai is an AI-powered software that automates and optimizes accounts payable processes for finance teams in high-growth companies. The platform streamlines various AP tasks, provides insights into spending patterns, and helps organizations make informed financial decisions.
Key features:
- Automated data extraction from invoices and financial documents
- Automated General Ledger (GL) coding to reduce errors and save time
- Streamlined bill approval process and facilitation of various payment methods
- Automation of accruals and prepaid amortizations for accurate financial reporting
- Centralized vendor data for easier collaboration on budget and spending decisions
- Detailed spend insights and cost-saving recommendations
- Detection of duplicate invoices, overcharges, and billing errors
- Collaborative approval workflow for cross-functional teams
How it works:
Users interact with Glean.ai through a web application. The setup process involves adding a Glean.ai email to the existing AP email system, connecting the General Ledger and bank accounts, creating departments and adding users, and mapping vendors to GL accounts. Once set up, Glean.ai automates data extraction, coding, approvals, and payments while providing real-time insights and alerts on spending patterns.
Integrations:
Glean.ai supports integrations with major financial and accounting software systems, including QuickBooks, Xero, Sage Intacct, NetSuite, and Dynamics. These integrations ensure seamless data flow between Glean.ai and the user's existing financial systems.
Use of AI:
Glean.ai leverages generative AI for advanced data extraction and analysis. The AI models are trained to recognize and interpret various financial documents, extracting relevant data with high accuracy. This technology enables the automation of complex tasks like GL coding, accruals, and amortizations, as well as providing actionable insights into spending patterns.
How to access:
Glean.ai is available as a web application, accessible from any device with internet connectivity. It also offers API integrations for more customized use cases.
Pricing model: Subscription |
Starting monthly price: If billed monthly $295.00 |
Starting annual price: If billed yearly $295.00 |
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