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Automated Invoice Processing

Automated Invoice Processing That Cuts Costs by 85%

Stop paying $9.40 per invoice. Nexus AP automates invoice capture, data extraction, 3-way matching, and approval routing — processing invoices in under 2 minutes with 99.7% accuracy. No templates. No manual data entry. No missed discounts.

The true cost of manual invoice processing

Finance teams processing invoices manually spend 15-25 minutes per invoice at $9.40 each. Automation reduces this to under 2 minutes at $1.40 per invoice.

Average cost per manual invoiceArdent Partners 2024
$9.40
Processing time reduction
85%
Invoice data extraction accuracy
99.7%
Touchless processing rate
72%

How it works

From invoice received to payment approved in 4 steps

Nexus AP automates the entire invoice-to-payment workflow. No templates to configure, no rules to write — the AI learns your invoices automatically.

01

Capture

Upload invoices via email, drag-and-drop, or API. Nexus AP accepts PDFs, images, Word documents, and digital formats.

02

Extract

AI reads and extracts all key fields — vendor, invoice number, date, line items, quantities, amounts, tax, and payment terms.

03

Match

Extracted data is automatically matched against purchase orders and receiving reports using intelligent 3-way matching.

04

Approve & Pay

Matched invoices route for approval or auto-approve within tolerance. Exceptions are flagged with AI-suggested resolutions.

Eliminate manual entry

Invoice automation that actually works

Unlike rule-based systems that require templates for every vendor, Nexus AP uses machine learning to extract data from any invoice format. It gets smarter with every invoice processed.

AI-Powered Data Extraction.
Advanced OCR and machine learning extract vendor names, invoice numbers, line items, amounts, and payment terms from any format — PDFs, scanned images, or email attachments — with 99.7% accuracy.
Automatic 3-Way Matching.
Invoices are automatically matched against purchase orders and goods receipts. Nexus AP uses the Munkres algorithm for optimal line-level matching, achieving a 95% auto-match rate that eliminates manual verification.
Intelligent Exception Routing.
When variances are detected, AI identifies the root cause and routes exceptions to the right approver with resolution recommendations. Average exception handling time drops from 45 minutes to under 5.
Automated Invoice Processing Dashboard

Manual vs automated invoice processing

Side-by-side comparison based on industry benchmarks from Ardent Partners and IOFM research.

MetricManual ProcessWith Nexus APImprovement
Cost per invoice$9.40$1.4085%
Processing time15-25 min< 2 min90%
Error rate3-5%< 0.3%94%
Touchless rate0%72%
Month-end close impact5-7 days1-2 days70%
Duplicate payment riskHighNear zero99%

Sources: Ardent Partners "AP Metrics That Matter 2024", IOFM AP Benchmarking Report

Calculate your invoice processing savings

See exactly how much automated invoice processing saves your team each month.

Automated Invoice Processing FAQ

Common questions about automating your invoice workflow

Still have questions? Contact our team

Stop processing invoices manually. Start your free trial today.

Join finance teams who process invoices 85% faster at $1.40 each instead of $9.40. Set up in minutes. No credit card required.