Accounts Payable Automation for Enterprises

Catch Fake Invoices in Real-time, Stop Overpayment, and Identify Discrepancies - in just 30 seconds.

Experience an AI-powered enterprise solution that reduces payment cycle & optimizes working capital.

  • Process 960* Invoice Data in a Single Day
  • Finish a Day's Work in just 47 minutes*
  • Unlock ~ 5% in Vendor Discounts* with Faster Payments

Covoro helps save USD 5.4 million in invoice processing cost for a global conglomerate that processes 300,000 invoices per month for 45,000 vendors

Key Features

Simplify your AP Process. Reduce Payment Cycle.

  • Invoice Validity Check, Issuer Check and Data Matching
  • CheckThree-way Data Matching - PO, GRN & Invoice
  • AI-Powered Data Extraction
  • Automatic Vendor Notification
  • Vendor Compliance Check
  • Vendor Analytics
Accounts Payable Automation Simplify
Superfast Touchless Processing

Invoice Data Processing in 30 seconds

Half a minute is all it takes. Covoro's AP Solution automatically extracts data from invoices, enters data into the system, notifies the vendor in case of errors, alerts users for exceptions or fraud, and it all takes only 30 seconds.

Accounts Payable Automation Invoice Data Processing
Artificial Intelligence Enabled Solution

AI-Powered Data Extraction and Entering of Even Handwritten Details

No more guesswork. Using Intelligent Character Recognition (ICR) technology on top of Optical Character Recognition (OCR), Perennial's solution can read handwritten PO numbers, etc., with more than 80% accuracy.

AI Powered Account Payable Automation
How it Works

A Holistic Solution for a Complex Process

Complicated processes need a complete solution. Covoro's AP Automation integrates with the Vendor Invoice Management (VIM), ERP systems and Cloud Storage Systems ensuring to deliver a holistic solution to both AP / GCC teams and the business unit teams.

Solution For Complex Process
Minimal Manual Intervention Needed

Entire Day's Work Done, in 47 minutes.

Our advanced solution can generate e-invoices quickly by gathering consumer information via e-wallet, credit or debit card, and online banking, eliminating the need to enter details.

Fraud Detection

Catch Fake Invoices - Instantly

Our advanced solution can generate e-invoices quickly by gathering consumer information via e-wallet, credit or debit card, and online banking, eliminating the need to enter details.

ERP Integration

Frictionless Integration with almost any ERP!

Our solution is ready to integrate with over 100+ ERPs, including SAP, Oracle, and Microsoft. This ensures that you don't have to make any changes to your ERP.

Trusted by 10,000+ Global Customers

Siemens
Skoda
Alpla
Schreiber
Kalyani
Cleartrip
Kartik-Siemens-150x150

Kartik Gandhi

IDT Head, Siemens


“Covoro has helped me gain more certainty.”

Rajat-Mundadha

Rajat Mundhada

AVP Finance, Gits Food


"The customer support team is always available and are always there to guide our team if they get stuck.”

Umesh-Kulkarni_Kalyani

Umesh Kulkarni

IT Head, Kalyani Steels


“Implementation was really fast.”

Experience our solution first-hand - with a live demo!

Get a demo from our experts. Fill out the form here, and our team will contact you. You can clarify all your doubts and see firsthand how Covoro can help you in your company.