AI-powered Invoice Coding for Real Estate AP with PredictAP
PredictAP revolutionizes the way real estate accounts payable (AP) teams handle invoice processing. By leveraging advanced AI technology, PredictAP automates the coding of invoices, significantly reducing the time and effort traditionally spent on data entry.
Key Features
- Intelligent Invoice Coding: PredictAP uses AI to code invoices during upload, ensuring they are ready for review and approval in seconds.
- Time Efficiency: With PredictAP, invoice processing time is reduced by 80%, going from an average of 11 days to just 3 days.
- Scalable Capacity: The platform enables a 2-5x increase in the number of invoices processed per person, per team, without the need for additional hiring.
Benefits for Real Estate AP Teams
- Centralized AP Teams: PredictAP supports centralized AP teams, helping them scale their capacity and improve coding compliance across distributed teams.
- Property Managers: Property managers can reclaim valuable time, focusing on revenue-generating activities rather than manual data entry.
- Compliance and Security: PredictAP is SOC 2 certified, ensuring the highest standards for data security and compliance.
Real-world Impact
PredictAP's hands-free invoice coding and scalable cloud architecture, powered by AWS, have been transformative for its customers. Property managers like Robert L. have reported faster turnaround times and increased efficiency, directly impacting their bottom line.
Why Choose PredictAP?
PredictAP stands out for its ability to deliver real results quickly. Unlike traditional solutions that take months to implement, PredictAP's intelligent invoice coding solution starts delivering benefits in weeks. It's designed to handle the unique challenges of the real estate industry, offering a centralized, consistent approach to coding that improves compliance and operational efficiency.
In summary, PredictAP is not just an automation tool; it's a strategic solution that empowers real estate AP teams to focus on high-value work, improve compliance, and scale their operations with ease.