iKapture

iKapture is an AI-powered accounts payable automation platform designed to streamline invoice processing and enhance operational efficiency. By leveraging advanced technologies like AI, machine learning, and natural language processing, iKapture simplifies document data extraction in a no-code environment. This innovative tool not only reduces manual efforts but also enhances accuracy and compliance, making it an essential solution for businesses looking to optimize their accounts payable processes.

iKapture Features

Smart Access to Data Sources

iKapture provides a seamless entry point for documents, automating the collection and classification of various file types, including PDFs, JPGs, and PNGs from multiple sources. This feature ensures that all incoming documents are efficiently organized and easily accessible.

Document Classification and Data Recognition

With AI and machine learning, iKapture intelligently classifies documents such as tax invoices, credit notes, and legal invoices. The platform empowers users with 'Woven Synonyms' for enhanced data recognition, ensuring that all relevant information is captured accurately.

Role-Based Access Control

iKapture employs role-based access control (RBAC) to ensure that only authorized users can view and perform operations. This feature enhances security and streamlines user management, making it easier for AP departments to maintain oversight.

Automated Invoice Matching

The platform automates the matching process between purchase orders and invoices, minimizing manual effort and reducing errors. This feature is crucial for maintaining accurate cost accounting and ensuring timely vendor payments.

360-Degree Visibility

iKapture offers comprehensive visibility into the invoice lifecycle through detailed reports, dashboards, and metrics. Users can track invoice communications and activities from a centralized location, improving overall transparency.

Fraud Detection

The platform employs advanced algorithms to detect fraudulent invoices, alerting the accounts payable team to suspicious activities. This proactive approach helps mitigate risks associated with financial fraud.

Supplier Segmentation

iKapture allows businesses to categorize suppliers based on specific criteria, facilitating better risk management and relationship building. This feature aids in identifying bottleneck suppliers and enhancing collaboration.

Durusta – AI-Powered Conversational BOT

Durusta serves as a digital assistant, providing users with quick answers to inquiries and displaying relevant data without the need for extensive searches. This feature enhances user experience and operational efficiency.

Frequently Asked Questions about iKapture

What is iKapture?

iKapture is an AI-driven accounts payable automation platform that streamlines invoice processing and enhances operational efficiency through intelligent document processing.

How does iKapture improve invoice processing?

By automating document collection, classification, and matching, iKapture significantly reduces manual effort and errors, leading to faster invoice approvals and payments.

Is iKapture suitable for all business sizes?

Yes, iKapture is designed to cater to businesses of all sizes, providing scalable solutions that can adapt to varying invoice volumes and complexities.

What security features does iKapture offer?

iKapture employs role-based access control, multi-factor authentication, and centralized governance to ensure transaction security and protect sensitive data.

How can I get started with iKapture?

You can start by visiting the iKapture website and signing up for a free trial or contacting their support team for more information.