Payable

Payable

Payable is an accounts payable automation software designed for small businesses. It streamlines invoice processing, approvals, payments and reporting. Key features include intelligent data capture, customizable workflows, integrated payments and robust reporting.
Payable image
accounting invoicing payments reporting

Payable: Accounts Payable Automation Software

Payable is an accounts payable automation software designed for small businesses. It streamlines invoice processing, approvals, payments and reporting. Key features include intelligent data capture, customizable workflows, integrated payments and robust reporting.

What is Payable?

Payable is an accounts payable software solution designed to automate and streamline invoice processing, approvals, payments and financial reporting for small businesses. Some key features and benefits of Payable include:

  • Intelligent data capture - Payable can extract key details and data from paper or digital invoices and receipts automatically using OCR technology. This eliminates the need for manual data entry.
  • Customizable workflows - Workflows for approvals, coding and processing can be easily configured to match a company's existing accounts payable processes. Role-based permissions can also be set up.
  • Integrated payments - Payable enables businesses to pay vendors directly within the platform using ACH or virtual cards. This improves visibility into cash flow.
  • Robust reporting - Managers have access to real-time reports and analytics on their AP process covering spend analysis, payment tracking, auditor tools and more to help them control costs.

By automating much of the repetitive manual work involved in processing and paying supplier invoices, Payable aims to save small business owners and finance teams significant time and costs while also giving them visibility and control over outgoings.

Payable Features

Features

  1. Intelligent data capture
  2. Customizable workflows
  3. Integrated payments
  4. Robust reporting

Pricing

  • Subscription-Based

Pros

Streamlines invoice processing and approvals

Automates payments

Provides detailed reporting

Designed for small businesses

Cons

May not have advanced features for larger enterprises

Requires integration with existing accounting systems

Potential learning curve for users


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