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Al-led Accounts Payable Automation for Office Product Manufacturers
Accounts payable automation software tailored to meet the unique needs of office product manufacturers
Accounts Payable Challenges Unique to Office Product Manufacturers
High invoice processing cycle time
The large volume of invoices requires significant time to review, validate and process
Processing non-PO invoices
40-70% of invoices are Non-PO due to indirect spends/service invoices resulting maverick spendingRead More
Duplicate payments and fraud detection
Working with multiple vendors are prone to duplicate payments due to processing errorsRead More
Vendor communication
Hundreds of productive hours lost in replying to supplier queriesRead More
Explore Zycus AP Automation Solution
AI-led Accounts Payable Automation for Office Product Manufacturers
Faster Invoice Extraction and Matching
- Achieve high STP with accurate data extraction of invoice headers and line items using Merlin Al
- Unlock unparalleled efficiency with an average 50% reduction in invoice creation time
Processing Non -PO Invoices
- Streamline Non-PO invoice processing with Merlin Al's automated cost allocation prediction for line items, reducing coding time and effort
- Merlin Al's auto-training capabilities allow the system to learn continuously from invoice patterns and reduce the need for manual review and processing
Fraud
Prevention
- Implement Al-led scanning of every invoice to detect and flag potential duplicates, reducing the risk of overpayments
- Unlock unparalleled efficiency with an average 50% reduction in invoice creation time
Vendor Communication
- Zycus AP Smart Desk uses NLP and ML algorithms to identify email types, extract relevant data, and automate invoicing email processing
- Auto-replies to query emails and creates invoices for processing emails freeing up AP resources for strategic tasks
Office and Home Product Manufacturers Trust Zycus
Zycus helped a leading USA’s leading office and home product manufacturer streamline their AP processes
62%
Reduction in cost
per invoice
75%
Increase in volume of Merlin Al processed Invoices
Our Marquee Clientele
Leading Analysts Testify
The Forrester Wave™: CLM for Buy-Side Contract Suite, Q4 2021
Gartner’s Magic Quadrant for Source-to-Pay Suites 2024
The Forrester Wave™: Source-to-Contract, Q4 2019
Why Leading Enterprises Love Zycus!
Leading business solutions provider drives procurement efficiency with Zycus’ AI-powered solutions
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