Automate Invoice Processing & Accounts Payable
Manual invoice processing is error-prone, slow, and expensive — costing businesses an average of $15 per invoice when done by hand. Skedva automates the entire invoice lifecycle from receipt to payment, eliminating data entry errors and accelerating your financial close.
How to Automate Invoice Processing with Skedva
Follow these steps to get your automation up and running.
Invoices received via email, PDF, or
Invoices received via email, PDF, or supplier portal are captured automatically
AI extracts invoice data (vendor, amount,
AI extracts invoice data (vendor, amount, date, line items) with 99.7% accuracy
Three-way matching against POs and receiving
Three-way matching against POs and receiving reports is performed automatically
Approved invoices route to payment queue;
Approved invoices route to payment queue; exceptions escalate to the appropriate approver
Payment confirmation and reconciliation data sync
Payment confirmation and reconciliation data sync to your accounting system automatically
Benefits of Automate Invoice Processing
See what your team gains when you automate this workflow with Skedva.
Reduce invoice processing cost from $15
Reduce invoice processing cost from $15 to under $2 per invoice
Process invoices 10x faster — hours
Process invoices 10x faster — hours instead of days
Eliminate data entry errors with 99.7%
Eliminate data entry errors with 99.7% AI extraction accuracy
Capture early payment discounts with faster
Capture early payment discounts with faster processing cycles
Maintain complete audit trail for compliance
Maintain complete audit trail for compliance and AP audits
Automate Invoice Processing — FAQs
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Ready to Automate Invoice Processing?
Deploy this automation in minutes using Skedva's pre-built templates. No coding required.
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