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What is Cherrywork Accounts Payable Automation?

A new integrated cloud platform has been launched, designed to efficiently capture invoices regardless of their formats or the channels through which they are received. This innovative system guarantees that all invoices are processed electronically, facilitating faster and more accurate management. Suppliers can conveniently submit their invoices via a specialized Portal, enhancing the submission process. Additionally, the platform features comprehensive dashboards and reports that provide real-time visibility into billing operations, enabling users to monitor invoice status and analyze cash flow, all within a centralized interface that tracks essential performance indicators. Users benefit from the option to tailor features, allowing them to choose specific data to view and track according to their needs. Utilizing a sophisticated fuzzy logic algorithm, the platform ensures precise matching of invoice line items to Purchase Orders and Goods Receipts. Its advanced deep-learning capabilities also allow the system to independently adapt to and recognize a variety of invoice formats. Invoices that are successfully matched with Purchase Orders and Goods Receipts are automatically recorded within the SAP environment, streamlining the entry process. Furthermore, the application is equipped with integrated connectors that facilitate seamless integration with existing SAP systems, promoting efficient operations. This suite of features is designed not only to optimize financial workflows but also to significantly improve the overall effectiveness of invoice management, ultimately benefiting organizations in their financial practices.

What is Calitem?

Calitem offers vital assistance to teams involved in purchasing, operations, and accounting by facilitating effective management of vendor expenses and optimizing the invoice processing workflow. The platform adeptly extracts pertinent information from invoices, purchase orders, and delivery notes, while also tracking fluctuations in purchase prices and allowing for comparisons of references, quantities, prices, and taxes across related documents. Any discrepancies or overcharges are highlighted for further review, enabling teams to resolve issues quickly. Moreover, the platform grants teams the ability to establish approval workflows based on various parameters, including amount, supplier, entity, or cost center. At the line item level, Calitem assigns accounts, subaccounts, and cost centers, generates journal entries, and smoothly integrates data with existing ERP systems through built-in integrations or an open API. The checks conducted are contingent on the documents submitted and the terms agreed upon, with the degree of integration differing based on the connectors utilized and specific configuration settings. This thorough methodology not only improves accuracy but also greatly diminishes the manual labor involved in financial processes, ultimately leading to more efficient operations across various teams. Furthermore, the platform's adaptability ensures that it can meet the evolving needs of organizations as they grow and change over time.

Media

Media

No images available

Integrations Supported

SAP ERP
SAP Extension Suite
SAP Integration Suite
SAP Store

Integrations Supported

Acumatica Cloud ERP
Exact Online
Holded
Infor SunSystems
JD Edwards EnterpriseOne
Microsoft Dynamics 365 Business Central
Microsoft Dynamics 365 Finance
NetSuite
Odoo
SAP Business One
SAP S/4HANA
SYSPRO ERP
Sage 50
Sage X3
Softland ERP
Xero

API Availability

API Availability

Has API

Pricing Information

$30,000 one-time payment
Free Trial Offered?

Pricing Information

$199/month
The Base plan is $199 per month, billed annually, and includes 5,000 documents per year, one legal entity and up to three users. Each page counts as one document. Enterprise pricing is custom. Pricing may vary by market.

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub
Online Training

Training Options

Not specified

Company Facts

Organization Name

Incture Technologies

Date Founded

2006

Company Location

India

Company Website

store.sap.com/dcp/en/product/display-2001010728_live_v1

Company Facts

Organization Name

Calitem Tech

Date Founded

2026

Company Location

Spain

Company Website

www.calitem.com

Categories and Features

Accounts Payable

Approval Process Control
Vendor Management

AP Automation

Not specified

Categories and Features

Accounts Payable

Not specified

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