Accounts Payable Automation SoftwareFrom invoice receipt to global payments: end-to-end AP automation
Save time and strengthen payment controls with end-to-end Accounts Payable automation software built for global business. Pay suppliers anywhere in the world, via local payment rails or in any currency at market-leading FX rates, powered by J.P. Morgan.
Fully integrated, end-to-end Accounts Payable
Automate and take control of every step of your Accounts Payable workflow, connecting invoice data, approvals, global payments, and automated ERP export in one powerful platform.
Payhawk's self-learning OCR automatically extracts and categorises information from eInvoices and standard bills in over 60 languages. From the moment an invoice lands, it's ready: approved, matched, paid, and synced — compliantly, with zero manual effort.
Pay global suppliers and reimburse employees directly from the platform, without manual bank transfers or switching systems. Every payment stays linked to the original expense, giving finance total control and a clean audit trail from approval to settlement.
Pay approved supplier bills from Payhawk accounts in EUR, GBP, USD, DKK, PLN, and CHF, with no FX when paying in the same currency. For international payments, use J.P. Morgan-powered global capabilities to pay in 119 currencies, with FX markups from 0.3% on leading currencies.
Sync every expense allocation in real time with Payhawk's native ERP integrations. Unlimited custom fields give finance teams granular visibility across projects, events, and cost centres, flowing directly into your accounting system without manual intervention. And with direct API integrations for every major accounting system, your books are always audit-ready.
“The OCR does part of my job by identifying duplicate invoices and populating the fields. It’s like the four-eyes principle in action... a real time saver!”
Meet the invisible orchestrators
Purpose-built AI Agents handle procurement from start to finish, eliminating unnecessary back-and-forth and keeping finance on track and in control
From failed transactions to employee expense questions, the Payments Agent keeps spend moving and flags only the issues that need extra attention.
This agent auto-fetches receipts and invoices directly from vendor portals and employees, matches them to expenses, chases approvals, and escalates when needed.
The quiet partner making your procurement process effortless. From the first request to final payment, the Procurement Agent guides employees every step of the way.
Take your accounts payable to the next level
Upload invoices or send them via email, and let AI handle the rest. OCR extracts data in 60+ languages, auto-creates or matches expenses, and flags duplicates.
Purchase orders, invoices, and receipt notes are automatically matched and cross-referenced to flag any volume or price discrepancies.
Drive automation without losing control. Build highly customisable invoice approval workflows and assign the right approver at every step.
Reconcile invoice spend directly to your ERP or accounting system with live, leading-class integrations. Cut manual work and reduce the risk of human error.
Standardise AP processes and approval workflows across entities for greater efficiency and control. Get total visibility over invoices, card spend, and reimbursements via a group dashboard.
Easily create purchase requests and route them for approval in just a few clicks, streamlining your procurement process and ensuring the right stakeholders review and approve every request quickly and efficiently.
Create Purchase Orders as soon as approvals are in, then send them straight to suppliers. Add your company logo to personalise each PO as needed.
Pay local invoices fast and for free directly from Payhawk, using SEPA Instant, Faster Payments, ACH, and BGN. For international suppliers, send secure, low-cost transfers (57% arrive instantly & 93% in 24 hours), with lower costs as transfer volumes grow.
Customise supplier data to match your setup and keep it in sync with your ERP. Capture the right details upfront and make accounting faster and easier.
Payhawk handles all major European eInvoice formats in total compliance with evolving regulations. Connect via native integration or upload like any other invoice. The platform automatically extracts, matches, and reconciles, keeping your team in complete control from intake to payment.
Discover enterprise power, without enterprise complexity
Manage employee expenses alongside all your other company spend. With Payhawk, you get complete control over your policies, workflows, and payments in a single platform.
Unlock a new level of team productivity with automated payables
FAQs
Accounts payable (AP) automation software is a digital solution designed to replace manual, paper-heavy workflows with a streamlined invoice-to-pay lifecycle. By leveraging AI, OCR, and machine learning, these platforms digitise the entire process. This includes everything from the proactive retrieval of invoices to the final execution of payments, all managed from a centralised dashboard.
When evaluating accounts payable (AP) automation software, you should look for a comprehensive suite of features that transform the invoice lifecycle into a proactive financial engine. Key features include:
- Automated Retrieval: AI agents that proactively fetch invoices from supplier websites and emails, eliminating the need for manual downloads or hunting for missing receipts.
- Advanced OCR: Optical Character Recognition technology that automatically scans and extracts data from invoices to reduce manual entry.
- Three-way PO Matching: Systems that automatically reconcile invoices with purchase orders and delivery notes to ensure accuracy and prevent overpayment.
- Automated Approval Workflows: Digital routing that directs invoices to the correct stakeholders based on company policy, removing the need for physical signatures.
- ERP and Accounting Integration: Real-time data synchronisation with your existing financial stack, such as NetSuite, Xero, or QuickBooks, to keep your books updated.
- Direct Payment Execution: The ability to authorise and send payments to suppliers directly from the platform for centralised cash flow management.
- Comprehensive Audit Trail: A secure, time-stamped record of every action taken on an invoice to ensure compliance and make tax or audit seasons effortless.
The key benefits of using accounts payable (AP) automation software include:
- Cost Savings: Automating manual tasks reduces the administrative overhead associated with data entry and paper processing.
- Fraud Prevention: AI-driven systems automatically flag duplicate invoices, verify supplier bank details, and maintain a secure, time-stamped history of every transaction.
- Capture of Early Payment Discounts: By accelerating the approval cycle, businesses can consistently take advantage of supplier discounts that are often missed during slow, manual workflows.
- Improved Supplier Relations: Faster processing leads to more predictable, on-time payments, reducing payment enquiries and building stronger trust with your supplier network.
- Enhanced Cash Flow Visibility: Real-time data syncs allow finance teams to see exactly what is owed and when, enabling more strategic financial planning.
Accounts Payable (AP) and Accounts Receivable (AR) are two fundamental aspects of a company's financial operations, each representing a distinct side of its financial transactions with other parties.
• Accounts Payable (AP) represents money the company owes to others, and it's recorded as a liability.
• Accounts Receivable (AR) represents money owed to the company by others, and it's recorded as an asset.
Both AP and AR are critical for managing a company's financial health. Efficient management of these accounts ensures that the company maintains liquidity, pays its bills on time, and collects revenue promptly from customers.
Correct data entry is crucial to avoid systematic errors in accounting, which can lead to fines, penalties, audit issues, and management reporting problems.
Invoice data entry and processing in accounting are crucial for ensuring accurate financial reporting, maintaining compliance with policies and standards, effective cash flow management, budgeting and planning, and maintaining vendor relationships. Automating this process reduces errors, saves time, speeds up processing, cuts costs, allows for easy scaling, enhances visibility, and drives effective compliance.
Yes, you can define custom multistep approval workflows within Payhawk. You can designate different approvers based on your organisation structure, individual approvers, roles within the platform, or any custom field (project, cost-centre, location etc). You can set workflows to be managed at a group level so they are consistent across entities, or at the entity level.
Payhawk has partnered with 60dias , a leading VAT recovery expert for travel and expenses across Europe. With our automated data extraction system, we take all the relevant information from the receipts and 60dias converts them into invoices with all the necessary requirements for tax deduction. The integration takes care of multiple steps, from the receipts' digital certification (by the AEAT) to obtaining complete and valid invoices. Learn more in our helpdesk article.
You can make transfers using SEPA Instant, Faster Payments, ACH or Bisera directly from within the platform. You can also schedule payments for automated payment runs.
Our live direct integrations allow you to sync all your documents, accounting data and settled payments once reviewed from Payhawk to your ERP or Accounting system of choice. Get in touch and we’ll be happy to explain how we can seamlessly integrate to your ERP or Accounting system. You can also read more in our help desk articles to understand our direct integrations to Microsoft Dynamics, Oracle NetSuite, Quickbooks, Xero, Datev, and Exact Online.
