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What is LeapAP?

LeapAP is a sophisticated accounts payable automation platform designed to serve property and community management sectors such as condominiums, homeowners associations, commercial buildings, and residential properties. It facilitates a fully paperless AP workflow that includes invoice receipt, coding, approval, posting, and payment—accessible from anywhere, which increases operational speed and accuracy. The system integrates smoothly with existing accounting software, removing tedious data entry tasks and enabling seamless communication across teams. LeapAP’s robust features include multiple invoice capture methods, role-based access control, and a comprehensive audit trail for full transparency and regulatory compliance. It provides safeguards against duplicate and lost invoices, enhancing financial security and reducing errors. The platform supports various low-cost payment options including electronic funds transfer, automated checks, and card payments, helping organizations manage expenses efficiently. Trusted by property management companies throughout North America, LeapAP claims to reduce AP processing costs by up to 80% and allows businesses to scale without expanding staff. Customers praise its intuitive interface and responsive support team, which contribute to a smooth onboarding experience. LeapAP also offers helpful resources such as ROI calculators, customer stories, and a regularly updated blog to assist clients in maximizing value. By automating routine AP tasks, LeapAP frees property managers to focus on higher-level priorities while maintaining control and visibility over finances.

What is Intelligent OCR?

An effective approach to gathering data from both electronic and physical invoices streamlines the often tedious and costly manual data entry process. This cutting-edge system is capable of automatically identifying and adjusting to the distinct formats of different vendor invoices, which makes it easier to scan or import data from either digital emails or printed documents with greater effectiveness. By leveraging sophisticated Intelligent OCR technology, it not only identifies fields but also gathers data in a fluid manner. Users can scan paper invoices directly from their web browser, ensuring accurate capture of all header details and each itemized line. The browser-based interface is designed for ease of use, receiving accolades for its user-friendliness and operational efficiency. With an impressive accuracy rate of 95%, this system integrates smoothly with existing ERP platforms. As one of the most economical Intelligent OCR solutions currently on the market, EchoVera Inc. provides an extensive array of tools for Accounts Payable Automation, Purchase Automation, and Spend Management, specifically aimed at organizations looking to reduce expenses and enhance the effectiveness of their financial operations. Consequently, businesses can prioritize their essential functions while alleviating the challenges associated with invoice management, ultimately leading to improved productivity and operational success.

Media

Media

Integrations Supported

Buildium
Condo Manager
QuickBooks Desktop Premier
QuickBooks Desktop Pro
QuickBooks Online
Rent Manager
Shiftsuite
Xero
Yardi Voyager

Integrations Supported

Epicor Kinetic
NetSuite
SAP Business One
Sage Intacct

API Availability

Has API

API Availability

Pricing Information

Get a quote

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

LeapAP

Company Location

Canada

Company Website

www.leapap.com

Company Facts

Organization Name

EchoVera

Date Founded

2003

Company Location

Canada

Company Website

echovera.ca/solutions/intelligentdatacapture/

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

AP Automation

Not specified

Categories and Features

Accounts Payable

Not specified

AP Automation

Not specified

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