Vic.AI

Vic.ai is an AI-powered platform designed to automate and enhance accounting and financial operations, focusing on tasks such as invoice processing, purchase order (PO) matching, and approval workflows. Founded in 2017 and headquartered in New York, Vic.ai leverages advanced AI technology to deliver autonomous invoice processing, significantly reducing manual efforts and increasing accuracy and efficiency for businesses across various industries, including real estate, insurance, education, and hospitality. Key features of Vic.ai include: 1. Autonomous Invoice Processing: AI-driven processing from ingestion to payment, eliminating the need for manual data entry. 2. PO Matching: Automatic matching of purchase orders to invoices to streamline approvals and reduce discrepancies. 3. Approval Flows: AI-powered approval workflows that route invoices to the correct approval flow or send them directly for payment based on confidence levels. 4. Payments Handling: Consolidates all vendor payments into a single workflow, reducing the risk of fraud and enabling early payment discounts. 5. AI-Driven Analytics: Provides real-time insights and analytics on team performance and business trends, enhancing decision-making.