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AP automation

Process AP up to 5x faster with the same team

AP automation transforms accounts payable into a faster, more accurate process, reducing manual effort, eliminating errors, and delivering measurable time and cost savings.

Fraxion AP automation dashboard

Companies we work with

Fraxion AP automation dashboard on a laptop with invoice insight cards

AP automation that scales with your business

AP automation that scales with your business

Manual accounts payable processing is slow and difficult to scale. Late payments, invoice errors, and mounting processing costs are a hidden drain on the business. AP automation reduces invoice cycle times by up to 80%, from 10–14 days down to as little as 2–4 days, enabling finance teams to process invoices faster without adding headcount.

Fraxion’s AP automation software extracts data, reviews, matches, and routes invoices for approval, cutting invoice error rates.

Finance teams can gain real-time visibility into invoice status, outstanding liabilities, and payment cycles and recover 1–2% of eligible spend through faster AP cycles and early payment discount capture, while scaling invoice volume without increasing operational costs.

Stronger control, fewer errors, and faster invoice processing with AP automation.

Available standalone or as part of Fraxion’s procure-to-pay suite.

Top-rated for AP automation
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Fraxion invoice processing screen
Why automate AP?

Save time and boost efficiency with AP automation

 

AP automation that streamlines every step from invoice intake to payment, improving accuracy, speeding up processing, and reducing manual effort across the entire accounts payable process.

Invoices are automatically captured via upload, drag-and-drop, or email, then processed with intelligent data extraction and review, approval routing, and direct posting to your financial system, where integrated.

Supports electronic and handwritten invoices, including multi-page documents, with accurate line-item extraction that keeps AP workflows moving.

Meet every AP deadline and close on time

 

80%

Time savings

Eliminate manual invoice capture, speed up accounts payable cycles and invoice processing.

-80%

Cost per invoice

Reduce cost per invoice by up to 80% by replacing manual data entry with AI extraction, reducing processing time, and minimizing errors that lead to rework and exception handling. Reduce costs with complete spend visibility and spend control throughout your procure-to-pay process.

95+

Accuracy rates

Improve accuracy with AI-data extraction, reduce the risk of errors and the need for costly corrections and reconciliations.

It used to take me a month and a half just to enter invoices; now I can easily get through each one in about three to four minutes. Fraxion pulls in all the details—prices, quantities, so it’s much easier to spot mistakes.

It’s made my job so much easier.

Elizabeth Sanchez

Purchasing & Inventory Manager | Monson Fruit Company

How Fraxion AP automation works

 

Invoice intake icon

Invoice intake

Speed up invoice processing with instant capture via upload, drag-and-drop, or vendor email, with invoices automatically stored and ready for processing.

AI data extraction icon

AI data extraction

Improve accuracy and speed up invoice processing with AI that extracts line-item data from single and multi-page invoices in seconds, including invoice numbers, vendor details, tax rates, currencies, and values.

AI review icon

AI review

Reduce invoice errors and improve accuracy with AI-powered review that validates extracted data against the original invoice in seconds.

Predictive coding icon

Predictive coding

Improve efficiency with predictive coding that auto-assigns approvers, departments, and GL codes based on past invoices.

Invoice matching icon

Invoice matching

Manage risk and strengthen audit control with automated 2- and 3-way invoice matching that identifies and flags exceptions such as quantity and pricing discrepancies in real time.

Invoice batching icon

Invoice batching

Reduce manual effort and improve efficiency in high-volume processing by batching approved invoices for review and payment in a single consolidated workflow, reducing the risk of missed items.

Invoice approval icon

Invoice approval

Improve financial control and ensure compliance by enforcing the correct approval levels and delegation of authority before invoices are released for payment.

AP insights icon

AP insights

Improve AP performance and reduce bottlenecks with real-time insights into invoice processing, aging invoices, and vendor spend without relying on manual reporting.

FAQs

Learn more about the benefits of AP automation.

Catch costly errors before they become payments

Fraxion flags duplicate invoices, pricing mismatches, and quantity discrepancies in real time, cutting error rates, speeding up invoice cycles, and ensuring every invoice is accurate before it’s approved.

Fraxion mobile invoice and budget apps