Our patented Artificial Intelligence and Machine Learning technology
validates AP invoices, ensuring they comply with regulations to reduce risk
and save time and money.
Automatic Invoice Analysis
Extracting relevant fields and items for invoice compliance assessment using leading image processing technology.
Analyze if invoices meet invoicing requirements of specific countries
Establish if suppliers used correct VAT rates
Identify transactions with non-claimable VAT
Audit accuracy of vour details on supplier invoices
Confirm if suppliers' VAT numbers are active
Find cross-border transactions with erroneously charged VAT
APAI, with its Artificial Intelligence and Machine Learning capabilities’, goes beyond that by checking a variety of invoicing requirements, invoice fields and its content.
If non-compliant AP invoices are already in an accounting system, APAI will help to identify these and enable parties controlling the accounting process to quarantine and deal with problematic invoices with ease.
APAI enables the analysis of invoices supporting transactional entries reducing the risk of VAT reporting containing listings documented by non-compliant, or incorrect AP invoices.
Proprietary AI and Machine
Learning technology
Comprehensive invoicing
requirements and VAT rules libraries
Detailed line item data
enabling deep analysis
Extensive language
detection and support
Invoice analysis
customisation options
Non-compliance
risk calculations
Actionable and detailed reporting expressed in easy-to-use dashboards
Broad country coverage
APAI is designed for multinational enterprises, finance and accounting departments handling large volumes of AP invoices, tax professionals ensuring indirect tax and VAT compliance, and procurement and supply chain managers verifying supplier compliance.
Simply upload your invoices or connect your system to our platform, then provide basic company structure details and VAT registration information. APAI will scan the invoices and produce detailed invoice compliance reporting you can use and action at any point of AP invoices’ lifecycle.
APAI’s reporting offers extensive, customizable and, most importantly, detailed reporting – identify non-compliant AP invoices quickly and effectively, discover any VAT that may be at risk and learn about the potential future financial impact of AP invoice non-compliance.
Way2VAT’s APAI is the most powerful Artificial Intelligence and Machine Learning AP invoice compliance validation platform available on the market today.
Capable of processing invoices regulated by rules of many countries, APAI is essential for organisations looking to simplify and automate the process of AP invoice compliance review and validation.
It goes beyond traditional AP auditing platform functionality related to invoice compliance to deliver complete value for business.
It holds multiple AI technology and image processing patents, takes advantage of extensive invoicing and VAT knowledge libraries.