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What is Summit?

Say goodbye to the hassles of manually processing invoices and managing expenses, while also eliminating the frustrating search for lost information. With Summit's AI-powered platform, you can seamlessly automate your workflows. Leverage AI-driven tools for Accounts Payable to effortlessly capture invoices and receipts, direct them to the appropriate approvers via customized workflows, and integrate seamlessly with your accounting software for a hassle-free reconciliation and bookkeeping experience. Benefit from real-time status updates that provide valuable insights, making reporting and audit preparation quick and efficient. Simplify the processes of uploading, tracking, and approving invoices. By eliminating manual data entry, you not only improve accuracy but also create more time for high-priority projects and strategic planning. Manage expense reimbursement requests through our unified dashboard, ensuring adherence to set policies while simultaneously saving time and reducing the likelihood of errors. Our Accounts Payable automation solutions grant you complete visibility into every aspect of your company's spending. By consolidating all financial information in one accessible location, you can easily uphold policy compliance and encourage responsible spending, ultimately transforming your financial management strategies for the better. Additionally, this holistic approach to managing expenses can lead to more informed decision-making and enhanced budget forecasting.

What is Kanverse?

The Kanverse AP Invoice Automation platform streamlines document processing workflows for businesses through intelligent automation. By integrating various AI technologies—such as Computer Vision, Natural Language Processing, Machine Learning, and Fuzzy Logic—along with established business rules and workflows, Kanverse achieves comprehensive automation from start to finish. This platform facilitates the ingestion, extraction, processing, validation, and publication of invoices and other accounting documents to various downstream business applications, including Oracle EBS, Oracle Fusion, NetSuite, and Microsoft Dynamics. The Kanverse AI engine employs advanced technologies that provide an impressive data extraction accuracy rate of up to 99.5% right out of the box. With the power of AI and automation, Kanverse efficiently processes a wide array of document types, transforming unstructured and skewed data into valuable insights while simultaneously lowering operational costs across business functions. By introducing intelligent automation, the platform eliminates the need for manual, repetitive, and tedious tasks, enabling staff to concentrate on more critical business activities. Furthermore, it enhances data protection measures to safeguard Personally Identifiable Information (PII) and mitigate the risk of fraud, ensuring a comprehensive approach to document processing.

Media

Media

Integrations Supported

NetSuite
BambooHR
FreshBooks
JumpCloud
MYOB
Microsoft Dynamics 365
Okta
Sage Accounting
Sage Intacct
Workday HCM
Xero
Zoho Books
Zoho CRM

Integrations Supported

NetSuite
COINS
Dynamics 365 Remote Assist
Guidewire
Majesco
Oracle API Management
Oracle Aconex
Oracle Fusion Cloud ERP

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Not to be disclosed
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
Chromebook
Linux

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Summit

Date Founded

2024

Company Location

Singapore

Company Website

summitglobal.com

Company Facts

Organization Name

Kanverse.ai

Date Founded

2020

Company Location

United States

Company Website

www.kanverse.ai/

Categories and Features

Accounts Payable

Not specified

AI Finance

Not specified

AP Automation

Not specified

Expense Report

Not specified

Receipt Scanner

Not specified

Spend Analysis

Not specified

Spend Management

Not specified

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Duplicate Payment Alert
Fraud Detection
Vendor Management

AI Insurance

Not specified

AP Automation

Not specified

Claims Processing

Claim Resolution Tracking
Compliance Management
Electronic Claims
Forms Management

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