Accounts Payable Software Faster Reconciliation. More Accurate Payments.

Accounts payable software is a tool designed to streamline and automate the accounts payable (AP) process. It manages various tasks, including invoice capture, approval workflows, payment processing, and reconciliation.

AP software captures invoice data, matches it with purchase orders and goods received notes, and routes it for approval. By automating these processes, accounts payable software reduces manual effort, minimizes errors, and accelerates payment cycles. This helps organizations make timely payments, maintain good supplier relationships, and optimize cash flow.

Implementing accounts payable software offers several significant benefits, including:

• Increased Efficiency: Automates repetitive tasks, freeing up time for your AP team to focus on more strategic activities.
• Enhanced Accuracy: Reduces manual data entry errors by capturing invoice data electronically and matching it with related documents.
• Improved Compliance: Ensures that all payments comply with company policies and regulatory requirements, providing an audit trail for accountability.
• Cost Savings: Lowers processing costs by reducing paper usage, manual work, and payment delays.
• Better Cash Flow Management: Provides real-time visibility into outstanding invoices and payment schedules, enabling better cash flow management.

Two-way matching checks an invoice against its purchase order. Three-way matching adds the goods-received record, confirming what was ordered, delivered, and billed all agree before a bill gets approved. Procurify supports both, so you can apply three-way matching where it matters — high-value or physical-goods purchases — and two-way matching for lower-risk spend, without slowing every invoice down to the same standard.

Yes, Procurify’s accounts payable software offers extensive configuration options for invoice processing workflows. You can configure approval workflows based on your organization’s hierarchy and policies, set different approval thresholds, and configure notifications to ensure compliance with internal controls. This flexibility allows you to tailor the software to your specific business processes, ensuring efficient and compliant invoice processing.

ACH, check, and wire transfer in the US, and EFT in Canada. Payments can be scheduled in advance, and Bill Payments handles the entire vendor-payment step — verification through sending funds — without leaving the platform.

Procurify offers comprehensive support and training to ensure that your team can effectively use the software. Our services include:

• Onboarding and Training: Personalized onboarding and training sessions to help your team get up and running quickly.
• Ongoing Support: Our support team is available to assist with any questions or issues via email, phone, or live chat.
• Resource Library: Access to a wealth of resources, including user guides, video tutorials, and FAQs, to help you maximize the value of the software.
• Customer Success Team: Our dedicated customer success team works closely with you to ensure your long-term success and satisfaction with the software.

The implementation timeline for Procurify’s accounts payable automation software varies depending on the complexity of your requirements and the size of your organization. However, a typical implementation process includes:

• Initial Consultation: Understanding your specific needs and objectives.
• Setup and Configuration: Configuring the software to fit your workflows and processes.
• Data Integration: Integrating with your existing ERP and accounting systems to ensure comprehensive data collection.
• Training: Providing training sessions for your team to ensure they are comfortable using the software.
• Go-Live: Launching the software and providing ongoing support to ensure a smooth transition. Generally, the implementation process can take anywhere from a few weeks to a few months, depending on the scope and scale of the project.

Yes. Procurify tracks and reports accruals in real time, so outstanding liabilities show up in your books before the invoice is even paid, not after.

Procurify integrates with a wide range of accounting or ERP systems including Quickbooks, Oracle Netsuite, Sage Intacct, and more. See the full list of Procurify integrations.

Yes. Procurify automates workflows across purchasing and accounts payable, from purchase requisitions and approvals to invoice matching and bill payment, as part of its agentic procurement platform.