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Save $18,000 per year for every 100 AP invoices processed per month.

Automate AP and save big.

Automate AP with Centime



Studies have shown that it can cost a business as much as $20 to manually process an AP invoice. AP Automation delivers incredible value: you can save as much as $15 per invoice and process them fourteen times faster. 

How AP Automation helps

number-1

Invoice receipt and capture

  • Instantly capture header and line-level data from scanned paper and electronic invoices
  • Automatically match supplier names extracted from invoices to names in the accounting system
  • Automatically categorize and code invoices
Learn more

number-2

Invoice approval

  • Use tiered invoice approval rules based on invoice data (e.g., amount)
  • Approve using two and three-way matching between invoices, POs, and received goods
Learn more

number-3

Invoice posting

  • Prevent posting unapproved invoices, protect against unauthorized and fraudulent invoices
  • Post invoice data along with invoice documents to the accounting system
  • Properly handle common exceptions: lack of permissions, closed accounting periods
Learn more

AP Automation does more than streamline invoice processing

Today, more than 200,000 small and mid-sized businesses use cost-effective solutions to automate the AP process. They benefit from improved working capital, lower AP processing costs, increased staff efficiency, enhanced controls, and a reduction in incidences of fraud. Transform AP with Centime.

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• Invoice Processing: How Much Does It Cost to Process an invoice? (Olivia Morris, LinkedIn)

• 2022 Benchmarking Reports (Institute of Finance and Management (IOFM))

Recent Recognition
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About Centime

With its Cash management solutions, Centime helps small and mid-sized businesses thrive.
Centime provides comprehensive SaaS solutions that integrate with the customer’s accounting system and features applications that address key aspects of the cash flow life cycle.

With Centime Cash Management, businesses can monitor cash balances, forecast cash flows, automate AP and AR, access a range of cost effective credit and liquidity solutions, and track key indicators of cash flow and business performance.

Centime was awarded 2022 Commercial Banking Fintech of the Year by Aite-Novarica.

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