Vic.ai processes invoices through extraction, coding, and approvals using proprietary AI trained on over a billion invoices. It handles PO matching, approval routing, and bill pay within accounts payable workflows. The platform provides real-time analytics on processing times, accuracy, and trends. Proprietary deep-learning models enable autonomy by learning from data to detect anomalies and reduce manual intervention. Integrations connect via open API to ERP systems for data exchange.
Achieves 97-99% accuracy in invoice processing
Reduces invoice processing time by 80% on average
Increases invoice processing capacity up to 355% per employee
Provides real-time visibility into AP pipeline
Requires initial training period for optimal AI autonomy
Dependent on quality of ingested invoice data for accuracy
Analytics access varies by tier with limitations in standard plan