Automated Invoice Processing

AI-powered invoice matching and reconciliation. Eliminate manual data entry and accelerate your financial close.

New Odyssey's invoice reconciliation solution automates the tedious process of matching invoices to purchase orders and receipts. Our AI agents extract data from invoices in any format, match them against your ERP records, flag discrepancies for review, and route for approval. The result: faster payments, better vendor relationships, and a streamlined financial close.

Benefits

Reduce invoice processing costs by 70%
Accelerate payment cycles
Capture early payment discounts
Eliminate duplicate payments
Improve vendor relationships
Speed up month-end close

Features

AI extraction from any invoice format
Three-way matching automation
Exception handling workflows
Approval routing by amount and category
ERP synchronization
Real-time processing dashboards

How It Works

1
Invoice Capture
Invoices from email, portal, or EDI are automatically captured and queued.
2
Data Extraction
AI extracts vendor, line items, amounts, and payment terms from any format.
3
Matching
System matches invoices to POs and receipts, flagging discrepancies.
4
Approval
Matched invoices route for approval based on your business rules.
5
Payment
Approved invoices sync to your ERP for payment processing.