OCR Invoice Capture
Drop a PDF, photograph a receipt, or forward an email — the OCR engine extracts vendor, amount, date, line items, and tax automatically. No manual keying. Works in 30+ languages.
Core Finance
Accounts Payable
From invoice receipt to payment execution — fully automated. Nexus AP eliminates manual data entry, enforces 3-way matching, and gives your team complete visibility over every dollar leaving the business.
80% reduction in invoice processing time
Key Capabilities
What Accounts Payable does
Automated 3-Way Matching
Every invoice is matched to its purchase order and goods receipt before payment. Exceptions are flagged for review. Clean matches flow straight through. Duplicate invoices are caught before they cost you.
Supplier Portal
Vendors submit invoices directly, check payment status, and update their own banking details — without calling your AP team. Reduces inbound queries by over 60%.
Early Payment Discounting
Capture 2/10 net 30 discounts automatically. The system identifies eligible invoices, calculates the ROI, and executes early payment when it makes financial sense.
Multi-Method Payment Runs
ACH, wire, check, and virtual card — all executed from a single payment run. Full bank file generation. Positive pay integration. Payment confirmations flow back automatically.
Duplicate & Fraud Detection
ML-based detection catches duplicate invoices, suspicious vendor patterns, and out-of-policy transactions before they're approved. Saves real money from day one.
How It Works
- 1
Capture
Invoices arrive by email, portal upload, EDI, or scan. OCR extracts structured data. The system matches to open POs and receipts automatically.
- 2
Approve
Exceptions route to the right approver based on amount, vendor, and department. Clean matches go straight to the payment queue. Full visibility at every stage.
- 3
Pay
Scheduled payment runs execute ACH, wire, and card payments. Bank files generated, confirmations received, and the GL updated — all without manual intervention.
Compliance & Standards
GAAP / IFRS (accrual-basis AP accounting)SOX (segregation of duties, approval audit trail)IRS (1099 tracking and year-end filing)
Available for:All
Key Outcomes
80%
reduction in invoice processing time
3×
improvement in early payment discount capture
Zero duplicate
payments