OpenEnvoy

What is OpenEnvoy?

OpenEnvoy is an AI-powered invoice auditing and accounts payable automation solution that helps organizations eliminate overpayments, control fraud, and achieve complete visibility over their payment processes. The platform digitizes invoices in milliseconds with a 100 accuracy service level agreement, deduplicates and reconciles invoices at the line item level in just a few seconds, and offers n-way matching to streamline complex workflows, reduce costly clawback periods, and mitigate cash flow leakage

Highlights

• Digitizes invoices in milliseconds with 100 accuracy
• Deduplicates and reconciles invoices at the line item level in seconds
• Offers n-way matching to simplify workflows and reduce clawback periods
• Audits over $2 billion in spend to-date through automation
• Eliminates overpayments and controls supplier fraud