AI enabled AP automation

AI Coding

Machine learning and AI improves your workflow. It’s easy to use and the system learns by itself, with more accuracy with a reduction of manual errors. Bulletproof compliance control and minimal IT involvement.

What is AI Coding?

AI coding in Accounts Payable (AP) Automation refers to the application of Artificial Intelligence (AI) technologies to improve, optimize, and automate the processes involved in managing and processing accounts payable transactions. Traditional AP processes can be time-consuming, error-prone, and involve a lot of manual data entry and paperwork.

Invoice Processing

Use AI to automatically extract data from invoices in various formats and streamline the approval workflow.

Fraud Detection

Analyze transaction patterns to identify anomalies with detailed audit trails, enhanced accuracy and reduction of manual errors.

Data Validation

Validate data and and assist in accurately coding invoices to the correct accounts.

Workflow Automation

Streamline the approval workflow by automatically routing invoices to the right personnel for approval based on pre-defined rules

Vendor Management

Manage vendor information by analyzing payment histories, performance data, and risk factors.

Smart learning

The AI continuously learns and updates the model with the final coding and routing rules.

AI Coding for AP Automation

Get to know AI Coding

Optimize posting and routing tasks in accounting with AI

Optimize posting and routing tasks with AI

Typical account posting processes can take far more time and resources than expected, especially due to human error from accounting staff or suppliers.

Rillion’s AP Automation solution uses machine learning to optimize posting and routing tasks. Machine learning is a subset of Artificial Intelligence where machines perform tasks using Bidirectional Encoder Representations from Transformers (BERT).

Download Whitepaper

What if your accounts payable (AP) team could spend more of its time on the things that matter most, and less time on manual, repetitive tasks? Such as keying invoice data, matching purchase orders and shuffling paper and emails.

That’s the promise of artificial intelligence (AI), adaptive, algorithm-based technology that automates tasks. Find out more in this whitepaper!

Learn why you should automate accounts payable processes with Rillion

How it works

Rillion takes invoices in the historical archive and sends them to the Rillion AI Engine to build up a model of historical database of posting data.

The AI Engine starts to generate coding and routing predictions based on the customer’s historic invoice and coding data. The AI learns and updates the model with final coding and routing rules.

The AI Engine starts to generate coding and routing predictions based historic invoice data

Benefits of AI Coding

Easy to use

Rillion gets high user ratings for “easy to use”.  AI makes it even better.

Get started quickly

New employees get up to speed quickly because the system teaches itself.

More accuracy

Receive invoice data electronically – eliminate manual data entry.

1-click approval

Have invoice approvals that are automated with 1-click approval in email.

No need to remember codes

Less time scrolling or remembering codes.

Save time

With Rillion’s AI feature, you will minimize time required for accounting.

Security

AI Coding – Trusted By Banks

Rillion is trusted by banks and financial institutions in the US and Europe. Accreditations in the US include SOC1, SOC2, HIPAA, GDPR, and PEPPOL.

  • Global solution for multiple ERPs, countries, currencies, and tax rules
  • Unlimited users—no user license costs
  • Bulletproof compliance control and minimal IT involvement
SOC 1 Report (System and Organization Controls Report)
The Health Insurance Portability and Accountability Act (HIPAA)
SOC 2

Customer stories

Read more about AI Coding

“What was important to us was the ease of use and the fact that Rillion’s AI didn’t come with any extra integrations. The AI is built-in, so it learns on its own over time with help of Rillion’s invoice data, and we don’t have to separately export data to the system. Implementing Rillion AI was the easiest implementation ever!”

Our customer cases

Implementation

We’re committed to solving your problems and making your job easier with our AI Coding solution.
The time required for implementation of Rillion One and Rillion Prime may vary, depending on the features you choose and the ERP system you’re using. Contact one of our experts today to schedule a demo.

As always, we’re with you every step of the way.

Seamless integration with your ERP

Rillion’s solutions integrate with many popular finance and business systems.

FAQ – AI Coding

Accounts payable automation software uses artificial intelligence to assist with invoice coding as well as with the input of invoice data when the invoice data is extracted.

Artificial intelligence per se is not the future of accounting but can assist in automating manual tasks.

Artificial intelligence can help with the administration of financial data such as suggesting invoice coding or extracting data fields from vendor invoices.

AI in accounting can perform tasks such as suggest coding for vendor invoices in the accounts payable process.

Get started!

AI Coding is available for the following products

Get started quickly

Rillion One

Automated handling of supplier invoices for small and medium-sized businesses looking to get started quickly.

  • Invoice Capture (OCR)
  • Invoice Approval Workflows
  • AI Coding
  • PO-Matching
  • Payments as a Service
  • Analytics and Reporting
  • Advanced Search
  • Fast Setup
  • Documents & Contracts
  • E-invoicing
  • Seamless integration to ERP/accounting system

Scalable solution

Rillion Prime

Electronic invoice management and purchase-to-pay for larger organizations with high demands on automation.

  • Invoice Capture (OCR)
  • Invoice Approval Workflows
  • AI Coding
  • PO-Matching
  • Recurring invoice automation
  • Document Management
  • Audit trail software
  • Payments as a Service
  • Analytics and Reporting
  • Purchase to pay
  • E-invoicing
  • Seamless integration to ERP/accounting system

Rillion – AP automation for your peace of mind

  • We are experts with over 30 years in the industry

  • Trusted by customers in over 50 countries

  • 96% of Rillion customers feel that the platform fulfills expectations

  • 95% consider Rillion to be a worthwhile investment

Find out for yourself how we can make your job easier!

Want to try Rillion?

Schedule a free consultation so that we can understand your needs and provide you with the best solution.