BILL AI uses advanced technologies like machine learning to extract invoice and vendor information from documents in your Inbox to help you create vendors and bills faster.
Which parts of the accounts payable process are automated by BILL AI?
Our AI helps you automate the bill-creation process by pre-populating critical fields within an invoice , such as vendor, due date, amount, and invoice number. BILL AI will also detect duplicates and multiple bills within multi-page invoices. By automating this process, you can save 50% on the bill-pay process.
How will BILL AI help improve my payables process?
By automatically extracting information from your documents, our AI helps you to reduce manual entry, potential manual errors, and costly bill duplication. BILL customers report saving, on average, 50% of time on bill pay thanks to our artificial intelligence simplifying the payments process.
What kind of data is extracted from uploaded invoices?
The information that our AI extracts includes: vendor name, vendor email address, vendor full address, invoice number, invoice date, due date, amount, payment terms, PO number, IBAN number, and SWIFT code (to set up international payments).
What happens with duplicate invoices?
If a duplicate invoice is detected in your BILL inbox, you’ll get a warning that will stop you from creating a duplicate bill. Proactive intelligence keeps you from making costly mistakes like draining your cash on double payments.
What happens with invoice data that's unreadable?
Our AI never guesses. If your invoice details aren’t readable they won’t be extracted. This means you can easily find any gaps and fill them in.