Use Case

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.

1

Invoices received via email, PDF, or

Invoices received via email, PDF, or supplier portal are captured automatically

2

AI extracts invoice data (vendor, amount,

AI extracts invoice data (vendor, amount, date, line items) with 99.7% accuracy

3

Three-way matching against POs and receiving

Three-way matching against POs and receiving reports is performed automatically

4

Approved invoices route to payment queue;

Approved invoices route to payment queue; exceptions escalate to the appropriate approver

5

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

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Process invoices 10x faster — hours

Process invoices 10x faster — hours instead of days

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Eliminate data entry errors with 99.7%

Eliminate data entry errors with 99.7% AI extraction accuracy

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Capture early payment discounts with faster

Capture early payment discounts with faster processing cycles

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Maintain complete audit trail for compliance

Maintain complete audit trail for compliance and AP audits

Automate Invoice Processing — FAQs

Ready to Automate Invoice Processing?

Deploy this automation in minutes using Skedva's pre-built templates. No coding required.

No credit card required · Free 14-day trial · Cancel anytime