Simplifying AP Complexity with RapidAP

 

One single system that lets you capture, match, approve and pay in a few clicks by integrating your ERP with our RapidAP Solution. Accounts Payable was never this easy!

✔ Reduce AP Processing Costs by 82%,
✔ 100% Data Accuracy
✔ 100% Life-cycle Management

PEPPOL eInvoicing

Trusted By

The Problem – Why you need Accounts Payable Automation?

Manual Invoice Processing is error-prone, expensive and inefficient!

Manual invoice processing takes 15-20 days on average

63% of companies experience invoice processing errors regularly

Manual invoice processing costs $15.54 per invoice on average

RapidAP

The Solution – Accounts Payable Automation with RapidAP

Automate your Accounts Payables with RapidAP and

Reduce Invoice Processing Time to less than 3 days

Bring down Invoice Processing Cost to $3 per invoice on average

Eliminate invoice processing errors with 100% Data Accuracy

How does our AP Automation Work?

Streamline your Invoice Processing with RapidAP

Capture

Our latest OCR technology captures data from all types of invoices from pdf, jpg, and png to doc, xls, bpm, PEPPOL eInvoices and more.

Configure

Our solution is highly configurable and easy to implement. You can customise it to meet your business’s compliance requirements.

Create

You can create workflows to handle exceptions quickly, and to keep invoices moving through approvals.

Check out how much you can save with AP Automation!

Free Accounts Payable Processing Costs Calculator

Use our Accounts Payable Processing Calculator to compare manual invoicing costs with automated invoicing costs and see how much you can save by automating your Accounts Payable.

Remember our RapidAP reduces your costs by 82%. Use it as a benchmark when choosing an Accounts Payable Automation Software.

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Reduction in Invoice Processing Cost

%

Reduction in Manual Data Entry

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Data Accuracy

Contact Details

ANNUAL COST PRE AUTOMATION $121,123,12
$9.94per Invoice
ANNUAL COST POST AUTOMATION $121,123,12
$9.94per Invoice

* Including implementation costs

The calculation is generated with a computer driven mathematical model and relies on user input. Future costs estimates are based on many assumptions and may fluctuate. These estimations are intended as a guide only.

$9.94Months for ROI
0%Non-PO

What are our Customers Saying

Efficiency Leaders has helped several companies streamline their Financial Processes and become more efficient while saving costs and improving profits. Look at what our clients have to say about our solutions.

Check out our RapidAP Interactive Demo

RapidAP is Australia’s #1 Accounts Payable Automation Software. Reduce your invoicing costs and make your process faster and more efficient with this solution. Check out the Demo to see the magic of RapidAP with your own eyes.

 Why Choose RapidAP?

A Future-proof Accounts Payable Automation Solution with Real Results!

Touchless Experience

RapidAP’s machine learning and AI capabilities clubbed with the latest OCR technology guarantee a touchless experience for your AP team.

Smooth User Adoption

Our user-friendly interface design and rich functionality ensure the highest user adoption rates for any AP automation solution.

Personalised Experience

Our solution comes with business rules flexibility that enables organisations to cater to changes as and when their business and processes dictate.

Rapid Return on Investment

RapidAP starts reducing your invoice processing costs from day 1 ensuring you get your returns within 6-18 months of deployment.

Read our Case Studies

Frequently Asked Questions

1. Why do I need Accounts Payable Automation?

Automating your AP process results in faster and more accurate invoice processing. It significantly reduces the cost per invoice processed and makes your business more efficient by saving considerable time and human resources. It also leads to better compliance and monitoring and more transparency.

2. If I already use OCR for my invoices, do I still need AP Automation?

Having an OCR will make your life significantly easier. However, it can’t do what an AI-driven AP Automation Automation Solution like RapidAP can do.

An AP Automation solution learns data patterns, interprets the data elements, and answers questions about tax lines, PO numbers and more without telling the system the exact location of those fields.

RapidAP is an AI-driven platform that uses the latest OCR and invoice life-cycle management technology available on the market allowing us to improve our clients’ efficiencies way beyond the market average. 

3. Why is customisation important?

Each company has its own approved hierarchy, invoice categories, auto-approval rules, approval procedures, business logic, and workflow rules.

Therefore, every company needs an AP automation solution that can be customised and configured according to their business. RapidAP helps you configure the solution according to your own rules and business logic.

4. What makes RapidAP better than other AP Automation solutions?

When we compared our metrics with the best-in-class AP processing solutions, it was found that RapidAP achieved a higher reduction in keystrokes and invoice payment time.

Moreover, our cost reduction and reduction in document preparation rates are also significantly better than any other company.

Get a Step Closer to

Efficient Accounting with Efficiency Leaders’ Solutions!

Accounts Payable Automation