Vic

Vic.ai is an AI-powered platform that automates and optimizes accounts payable processes, including invoice processing, purchase order matching, approval flows, and payments. The platform also provides AI-driven analytics for data insights and predictions to improve financial operations.

Key features:
- Autonomous invoice processing: Automates the entire invoice processing workflow, reducing manual intervention and increasing productivity by up to 355%.
- Autonomous PO matching: Automatically matches purchase orders with invoices, ensuring accuracy and reducing manual matching time.
- Autonomous approval flows: Streamlines the approval process by autonomously routing invoices to the appropriate approvers, reducing bottlenecks and speeding up the approval cycle.
- Payments: Facilitates seamless and accurate payments, ensuring invoices are paid on time.
- AI-driven analytics: Provides advanced data insights and predictions to help businesses make informed decisions and optimize financial operations.

How it works:
Users interact with Vic.ai primarily through a web application. The platform automates the accounts payable process by using AI to handle tasks such as invoice processing, PO matching, and approval flows. For example, when an invoice is received, Vic.ai's AI engine processes the invoice, matches it with the corresponding PO, and routes it for approval. Once approved, the platform facilitates the payment process. Users can also access AI-driven analytics to gain insights into their financial data.

Integrations:
Vic.ai integrates with all leading ERP systems and accounting solutions, offering flexible and scalable capabilities through its open API. This ensures compatibility with various environments and use cases.

Use of AI:
Vic.ai leverages generative AI to automate complex financial processes, reducing the need for manual intervention and increasing efficiency.

AI foundation model:
The platform is built on advanced AI models that continuously learn and improve from the data they process, ensuring high accuracy and reliability.

How to access:
Vic.ai is available as a web application and offers an open API for integration with other systems. It is designed for businesses of all sizes looking to optimize their accounts payable processes.