Account Payable Automation refers to the use of software or AI-driven systems to streamline and digitize the accounts payable process. Instead of manually handling invoices, matching them to purchase orders, and issuing payments, automation tools process them automatically. Advanced platforms, like Luca AI, can extract invoice data from email or uploaded documents, verify accuracy, categorize expenses, and initiate payment with minimal human intervention. This reduces errors, accelerates payment cycles, and improves vendor relationships. Businesses adopting this technology benefit from real-time visibility into cash outflows, better compliance tracking, and reduced administrative overhead. The process often integrates with invoice management, document management, and workflow automation systems, ensuring financial operations remain accurate and efficient at scale.
