On average, organizations lose 5% of their revenue to fraud, and 81% of companies globally are affected by payment fraud. Even Google and Facebook have lost millions of dollars due to human error.
Your accounts payable department works hard, but insurance companies are susceptible to fraud and scams... and human error. AP automation works alongside your employees to mitigate financial losses from:
Overpayment or overbilling
Fake or fraudulent invoices
Payments to an incorrect account
Accounts payable automation software can use AI to match invoices to corresponding contracts, administer checks, and update AP systems, all without human intervention.
Proudly trusted by reputable companies
Just like humans, Digital Coworkers are recruited, hired and fully trained in just 6 weeks.
Read, organize, and re-calculate invoice information
If your company receives a lot of invoices, your accounts payable department is likely heavy on data entry. Digital Coworkers also function as AP automation tools. The bots use OCR to read like a human, and AI to make decisions and inferences.
Match invoices to existing contracts and vendors lists
Unlike RPA tools, Digital Coworkers don't take information at face value. When they receive invoices, they'll look up the contract on file, cross-reference the amount due with the scope of work, and flag anything that doesn't add up.
Because Digital Coworkers are continuously learning, they'll also remember important information -- like how a specific vendor prefers to receive payment.
Start working without IT support
Digital Coworkers don't require any of your IT department's time, money, or resources to join your accounts payable team. They'll start work in 6 weeks or less, and they'll join using just your VPN -- just like the rest of your workforce.
Contact our team for more information on Digital Coworkers today!
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What our customers say
The Digital Coworkers Roots Automation provides work in conjunction with our Team to optimize our medical claims process. By leveraging these bots, it provides the simplicity and scalability necessary to deliver best-in-class productivity to our clients. Additionally, we value the insights from the Roots Automation Team about our processes, of which, we integrate into our continuous improvement plans for our business practices in order to provide industry leading solutions.
Everything happened fast, our digital coworker ‘Roxy’ was trained and ready on time as promised! The team at Roots Automation have been a pleasure to work with! They’ve anticipated our questions and respond quickly to our asks and changes.
We appreciate all of Roots Automation's efforts to automate a challenging initiative with 500,000+ transaction requests annually. Our internal Center of Excellence was able to get to production faster and more cost-effectively than what we originally planned.