Large enterprises needing global AP automation + compliance
End-to-end automation, analytics, supplier portals, global e-invoicing, ERP integrations
Tipalti
Companies with international payments & multi-entity operations
Global AP workflows, built-in tax compliance, fraud checks, multi-currency support
SAP Concur Invoice
Businesses already using SAP needing integrated invoice automation
AI-enabled capture, SAP ERP integration, compliance reporting, mobile approvals
1. InvoiceOCRSoftware.com
InvoiceOCRSoftware.com is built for teams that want fast and accurate data extraction without dealing with templates or manual setup. It reads vendor details, invoice numbers, totals, dates, and line items from PDFs, scans, and email attachments, then exports everything into clean structured data.
Key Features
Supports scanned files, PDFs, and email attachments
Automatically extracts invoice numbers, totals, dates, and line items
Easy export to Excel, CSV, or through API
Template-free extraction that adapts to various layouts
Built-in data checks for dependable output
Pros
Straightforward interface
Accurate even with complex formats
Removes manual entry from the process
Cons
Focused mainly on extraction rather than complete AP automation
Some integrations are only available in higher-tier plans
Pricing
Standard: $29/month (1 user, 100 pages)
Scale: $3,950/year (10 users, 42,000 pages, API access)
Enterprise: From $20,000/year with unlimited pages and ERP integrations
2. Lido
Lido uses powerful AI-powered technology to turn invoices into clean spreadsheets with minimal setup. It’s suited for teams that want fast results, clear exports, and strong security standards.
Key Features
Converts invoices directly to Excel or CSV
Works with both scanned and digitally generated PDFs
SOC 2 + HIPAA compliant
AES-256 encryption for secure handling
Pros
Accurate with tricky invoice layouts
Simple interface that’s easy for anyone to use
Free trial with 50 pages
Cons
No mobile app
Export customization is somewhat limited
Pricing
Standard: $29/month for 1 userand up to 100 pages
Scale: $4,950/year for up to 10 users and 42,000 pages
Enterprise: From $25,000/year with unlimited pages and ERP integrations
3. APInvoiceAutomation.com
APInvoiceAutomation.com is designed for teams that want a simple but scalable way to automate invoice capture and approval routing. It focuses on reducing manual steps, improving accuracy, and giving finance teams better visibility into their monthly invoice workload.
Key Features
Automated extraction for totals, dates, vendors, and line items
Customizable approval workflows for different departments
Dashboard for real-time status tracking and performance insights
Integrations available through API for ERPs and accounting tools
Pros
Easy for new users to set up
Balanced mix of automation and workflow tools
Works well for both small teams and growing businesses
Cons
Newer platform, so fewer native integrations
Advanced configuration requires API use
Pricing
Starter: $29/month for 1 user and 100 pages per month
Scale: $3,950/year for up to 10 users and 42,000 pages per year, includes API access and priority support
Enterprise: From $20,000/year with custom page limits, ERP integrations, and dedicated support
4. Medius
Medius helps finance teams move away from manual invoice handling by using AI to automate coding, matching, and approvals. It gives companies greater visibility across their AP process.
Key Features
AI-based invoice capture and coding
Automated PO and contract matching
Smart approval routing
Real-time reporting and analytics
Integrates with major ERPs
Pros
Strong automation capabilities
Scales well for mid-sized and enterprise teams
Great visibility across AP operations
Cons
Implementation can be more involved for small teams
Pricing varies widely based on modules and setup
Pricing
Tailored pricing based on invoice volume, company size, and integration needs
5. Esker
Esker offers a modern, easy-to-use AP automation solution designed to help teams streamline collaboration and manage exceptions more efficiently.
Key Features
End-to-end AP automation with AI coding
Real-time collaboration dashboard
Smart workflows for exception handling
Integrates with leading ERPs
Pros
Clean and intuitive interface
Quick adoption and implementation
Strong AI support for exception management
Cons
Reporting tools aren’t as deep as enterprise-focused platforms
Best suited for mid-sized companies
Pricing
Custom pricing depending on users, volume, and integration needs
6. Coupa
Coupa brings invoice automation into its wider spend management suite. Companies already using Coupa often benefit most since it unifies procurement, spend visibility, and AP automation.
Key Features
AI-powered capture and automatic coding
Duplicate and fraud detection
Fully connected with Coupa’s Source-to-Pay system
Cloud-based with mobile access
Pros
Ideal for teams already using Coupa
Large integration and partner ecosystem
Provides strong visibility across company spending
Cons
Higher pricing for mid-size organizations
Customizing and implementing can take time
Pricing
Registered: Free
Verified: $549/year
Premium Support: From $499/year
Advanced: $4,800/year with enhanced automation and reporting
7. Stampli
Stampli focuses on making invoice communication smoother by bringing comments, questions, and approvals into one place. It’s designed to help teams resolve issues quicker.
Key Features
Collaboration-first invoice management
AI-assisted coding and capture
Chat-style approval threads
Integrates with major ERP systems
Pros
Easy for teams to pick up and use
Excellent collaboration features
Reduces coding mistakes with AI
Cons
Reporting is more limited
Designed mainly for invoice management, not payments
Pricing
Quote-based pricing depending on team size, volume, and integrations
8. Basware
Basware is built for large companies that need reliable global AP automation, advanced compliance tools, and strong supplier management capabilities.
Key Features
End-to-end AP automation with multilingual support
Advanced analytics and fraud detection
Supplier portal and global e-invoicing network
Broad range of ERP integrations
Pros
Enterprise-grade compliance and scalability
Trusted by global organizations
Strong supplier communication features
Cons
Too complex for small teams
Higher cost than mid-market tools
Pricing
Custom enterprise pricing available upon request
9. Tipalti
Tipalti combines invoice automation with international payments, making it useful for companies working across multiple entities and currencies.
Key Features
Global AP workflows and payments
Built-in tax compliance (VAT, 1099, etc.)
Supplier onboarding with fraud checks
Multi-currency and multi-entity support
Pros
Great for teams paying international vendors
Strong compliance tools
Handles high invoice volume well
Cons
More focused on payments than standalone AP
Pricing increases with transaction volume
Pricing
Select: $99/month
Advanced: $199/month
Elevate: Custom enterprise plan
10. SAP Concur Invoice
SAP Concur Invoice works best for businesses already using SAP. It offers strong compliance and integrates tightly with SAP’s financial tools.
Key Features
AI-enabled capture and validation
Native SAP ERP and Concur integration
Compliance and audit reporting
Mobile approvals for faster routing
Pros
Great fit for SAP users
Strong compliance functionality
Backed by global enterprise support
Cons
More complex implementation
Limited flexibility outside SAP’s environment
Pricing
Custom enterprise pricing depending on deployment and size
We hope you now have a better understanding of how to choose the right invoice processing automation tool for your business.
