Routable
Comprehensive accounts payable automation platform that streamlines invoice processing, payment workflows, and vendor management for modern businesses.
Product Overview
What is Routable?
Routable is a financial technology platform designed to automate and simplify accounts payable operations for businesses of all sizes. It eliminates manual invoice entry through advanced OCR, automates multi-step approval workflows, and supports mass and international payments with real-time reconciliation. Seamlessly syncing with major accounting software, Routable enhances efficiency, reduces errors, and ensures compliance across vendor onboarding, payment processing, and tax management.
Key Features
Invoice Capture & OCR
Automatically extracts invoice data to eliminate manual entry and accelerate bill creation.
Customizable Approval Workflows
Supports multi-level and parallel approval processes tailored to organizational needs.
Mass and International Payments
Enables batch processing of payments domestically and across borders with competitive rates.
Two-Way Sync with Accounting Software
Maintains 99.8% accuracy syncing with platforms like QuickBooks Online, Xero, Sage Intacct, and Oracle Netsuite.
Vendor Onboarding & Compliance
Streamlines vendor setup with automated verification, tax form collection, and compliance checks.
Payment Reconciliation & Tax Management
Automates matching payments to accounting records and manages tax reporting for domestic and international transactions.
Use Cases
- Accounts Payable Automation : Finance teams can reduce manual workload by automating invoice processing, approvals, and payments.
- Vendor Management : Operations teams can efficiently onboard, verify, and manage vendors while ensuring compliance.
- Cross-Border Payments : Businesses expanding globally can send payments internationally with streamlined currency conversion and reduced fees.
- Accounting Integration : Accounting departments benefit from real-time, accurate syncing that simplifies month-end reconciliation and reporting.
- Scalable Payment Processing : Organizations can scale from hundreds to hundreds of thousands of payments without increasing administrative overhead.
FAQs
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