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Vic.ai

Discover Vic.ai, the AI platform enhancing accounts payable efficiency with 97% accuracy.

Accounting Updated 6 hours ago
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Vic.ai

Vic.ai's Top Features

High invoice processing accuracy with 97-99% accuracy rate.
Up to 85% no-touch invoice processing rate within six months.
5x increase in invoice processing capacity per staff.
Comprehensive end-to-end AP automation with no manual intervention.
Flexible data input methods for invoice capture and processing.
Automatic two- or three-way PO matching for validation.
Real-time financial insights and spend management.
SOC 2 certified security protocols for data protection.
Rapid ROI with an average payback period of seven months.
Scalability and continuous platform improvement through dedicated AI innovation.

Frequently asked questions about Vic.ai

Vic.ai is an AI-driven autonomous accounting platform that automates the accounts payable (AP) process, enabling finance teams to process invoices faster and more accurately while reducing manual work and costs.

Vic.ai’s AI achieves a 97-99% accuracy rate for invoice data extraction right out of the box, improving over time as the system learns.

The platform ingests invoices via multiple inputs and autonomously processes them by extracting data, matching POs, and routing invoices for approval without manual data entry.

Clients typically see a 5x increase in invoice processing capacity, reduced errors, faster approvals, and an average payback period of seven months.

Yes, Vic.ai supports integration with many ERP systems through an open API, with flexible invoice ingestion methods.

Vic.ai maintains robust security standards including SOC 2 certification to protect financial information.

Customers include CFOs, Controllers, AP managers, mid-market to enterprise finance teams, and major accounting firms.

Vic.ai has raised over $115 million in funding from top venture firms, highlighting strong investor confidence.

The platform provides visibility and control over expenses, improves decision-making, and helps prevent fraud.

Designed to grow with organizations, supported by ongoing AI research to evolve with client needs.

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Category
Accounting
Tags
AI-driven
autonomous
accounting
accounts payable
AP processes
machine learning
data extraction accuracy
invoice processing
no-touch invoice processing
automatic PO matching

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