SpendConsole.ai

AI Powered Payables Orchestration Platform

General Information
Company Name
SpendConsole.ai
Founded Year
2014
Location (Offices)
Australia +3
Founders / Decision Makers
Number of Employees
9
Industries
Information Technology
Funding Stage
-
Social Media

SpendConsole.ai - Company Profile

SpendConsole.ai is an Artificial intelligence powered AP Automation platform, aiming to revolutionize enterprise supplier management, invoice processing, and payments. Founded in 2014 by eProcurement expert Abid Ali, SpendConsole offers a seamless integration with ERP and banks. The platform utilizes innovative AI and Machine Learning technologies to automatically process invoices from diverse channels, including the PEPPOL international standard. This allows AP teams to focus on exceptions, enhancing efficiency and reducing backlogs. Furthermore, SpendConsole acts as a silent watchdog against rising AP fraud, utilizing advanced AI capabilities to identify exceptions and mitigate fraud risks. It holds approval from Tax offices in Australia and New Zealand, ensuring automated tax compliance alongside vigilant oversight, and is ISO 27001 certified to underscore its commitment to managing information security risks. In summary, SpendConsole is an AI-powered solution offering efficient, secure, and compliant accounts payable management. It not only automates and optimizes invoice processing but also strengthens defenses against AP fraud, allowing organizations to focus on strategic activities with the confidence of a robust, compliant, and efficient AP operation in place. For further information, please visit their website at https://www.spendconsole.ai.

Taxonomy: AP Automation, AI Powered Platform, Innovative Technology, E-Procurement, Fraud Prevention, Supplier Management, Invoice Processing, Tax Compliance, ISO 27001 Certification, PEPPOL Standard, Business Payments

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