BuyerQuest rolls out AI-powered procure-to-pay solution

Monday 27 May 2019 13:52 CET | News

US-based procure-to-pay solution provider BuyerQuest has introduced a “Speed to Payment” programme.

Speed to Payment allows for suppliers to submit invoices with an AI-based matching capability to validate and process invoices, making them ready for payment. In its latest release, BuyerQuest is providing ‘one-click invoice creation’, allowing suppliers to create an invoice directly from a Purchase Order email. This extends the options already available to suppliers to create invoices, including e-invoicing, PDF attachment via email, and paper-based.

Within the BuyerQuest Platform, the client Accounts Payable teams also have access to the recently extended AP Dashboard, which allows them to manage their Payables-related risk through reports that display their invoice status progression, along with their current supplier liabilities and accruals.

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Keywords: BuyerQuest, US, product launch, Procure-to-Pay, e-invoicing, accounts payable automation, business process automation, Speed to Payments, Purchase Order, PO, AI, artificial intelligence
Countries: World

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