Hermes by Calpion
Easy AI-Powered Accounts Payable Automation for Busy Accounting Teams
The number one challenge in AP Invoice processing that we heard from CFOs was a high volume of non-standard invoices in multiple formats received from hundreds of vendors mostly via email round the clock. Other concerns and challenges the Accounts Payable team faced were the need to verify and process these invoices manually, checking for multiple validations for accuracy and validity of the invoice. Apart from the huge manual data entry effort of manually keying the invoice into the AP software, there was also a lot of manual effort to validate the invoice against PO, Contract, Vendor Master, and Tax calculations. Hermes - AP Automation was built keeping this in mind.
