Rillion Introduces AI Workflow: Revolutionizing Invoice Processing With Smarter Automation
Published on:20 November 2024
AP Automation for your
peace of mind- we got this.
Rillion AI now includes coding and approval workflow predictions, taking invoice processing to the next level.
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Stockholm, Sweden – November 20, 2024 – Rillion, a leader in accounts payable automation and payments, today unveiled its latest innovation: AI Workflow, an intelligent solution designed to automate and streamline invoice approval processes. Building on Rillion AI’s existing capabilities in coding automation, this new feature empowers businesses to process invoices faster, reduce costs, and enhance scalability—making AP workflows smarter and more efficient than ever before.
Smarter Approvals With AI Workflow
AI Workflow uses advanced artificial intelligence to predict and recommend approval workflows for invoices based on historical data. The system dynamically adapts to evolving business needs, eliminating the need for rigid templates and minimizing manual intervention.
“AI Workflow is a game-changer for accounts payable teams,” said Daniel de Sousa, CEO at Rillion. “With this new feature, we’re giving businesses the tools they need to automate even the most complex approval chains. By learning and evolving with the data, Rillion AI simplifies processes, saves time, and significantly reduces operational costs.”
Key Benefits of Rillion AI Workflow
- Dynamic Workflow Predictions: AI automatically suggests workflows tailored to each invoice, adapting to changes and ensuring approvals happen faster.
- Minimal Manual Handling: By reducing reliance on fixed templates, AI Workflow minimizes repetitive tasks and eliminates bottlenecks.
- Scalable for Businesses of All Sizes: From SMBs to large enterprises, AI Workflow adjusts to complex supplier and invoice needs, making it an ideal solution for high-volume operations.
- Cost-efficiency at Scale: Automation reduces manual oversight and administrative effort, driving significant cost savings.
Achieving 90% Touchless Invoice Processing
When combined with Rillion’s powerful PO matching and contract matching capabilities, AI Workflow enables companies to achieve up to 90% touchless invoice processing. This allows finance teams to focus on higher-value tasks, such as strategic planning and financial analysis.
Customer Success With Rillion AI
Early adopters of Rillion AI have already seen transformative results.
“What was important to us was the ease of use and the fact that Rillion AI didn’t come with any extra integrations. The AI is built-in, so it learns on its own over time with the help of Rillion’s invoice data, and we don’t have to separately export data to the system,” said Jouko Peltonen, Senior System Manager at Technopolis. “Implementing Rillion AI was the easiest implementation ever!”
A Seamless Upgrade for Rillion Users
The new AI Workflow feature will be available for Rillion customers from the beginning of 2025. It can be used alongside AI coding or as a standalone feature, depending on organizational needs. With built-in AI, users benefit from an intuitive solution that requires no additional integrations or setup.
Get Started With Rillion AI Workflow
Rillion AI Workflow is redefining what’s possible in accounts payable automation. To learn more about how this feature can transform your AP processes, read more about Rillion AI or book a demo today.
About Rillion
Rillion is a leading provider of accounts payable (AP) automation and payment solutions, offering tools to streamline financial processes for businesses globally. Specializing in AP automation and payments, Rillion’s services cover the entire workflow from data capture to invoice approval and payments.
Trusted by over 3,000 companies in more than 50 countries, Rillion maintains offices across the US and EMEA. Backed by private equity firm Altor since 2021, Rillion continues to innovate in the financial technology sector, empowering organizations to achieve greater efficiency in their accounts payable processes.
Media Contact
Frida Ahrenby
CMO
Rillion
frida.ahrenby@rillion.com
+46 76 762 24 16
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