What is MyiQ.Ai?
myiq.ai - AP Invoice Automation Software.
Myiq.ai is a powerful AP invoice automation software that leverages smarter AI to enhance efficiency and deliver better ROI for businesses. With Myiq.ai, AP teams can save up to 60% on AP invoice processing time through AI automation.
The tool helps in managing invoices from multiple sources, extracting invoice data with AI OCR technology, setting up workflows for approvals, and completing ERP postings with 95% error elimination. By automating mundane processes, Myiq.ai enables AP teams to focus on strategic initiatives, improve vendor relationships, and achieve up to 60% cost savings.
Key features include invoice and line item capture, automatic data validation, streamlined approvals, accrual automation, managing multiple entities effortlessly, and informed decision-making with real-time reports. With custom charts and reports, AI-powered OCR, workflow integrations, and excellent support for global invoice formats, Myiq.
â Key features
MyiQ.Ai core features and benefits include the following:
- âī¸ Invoice and line item capture.
- âī¸ Automatic data validation.
- âī¸ Streamlined approvals.
- âī¸ Accrual automation.
- âī¸ AI-powered OCR for global invoice formats.
âī¸ Use cases & applications
- âī¸ Automate the extraction of invoice data from various sources using Myiq.ai's AI OCR technology, reducing manual effort and human errors in the process.
- âī¸ Streamline the approval workflows for invoices within the AP team by leveraging Myiq.ai, enabling fast and efficient processing while ensuring compliance with company policies.
- âī¸ Generate real-time reports and custom charts with Myiq.ai to gain valuable insights for strategic decision-making, helping businesses improve operational efficiency and vendor relationships.
đââī¸ Who is it for?
MyiQ.Ai can be useful for the following user groups:
âšī¸ Find more & support
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