Accounts Payable

Pay Vendors on Time, Every Time

Stop chasing paper invoices and missing early-payment discounts. Workisy's Accounts Payable automates invoice capture with AI, matches documents in seconds, routes approvals intelligently, and executes payments on schedule — giving your finance team hours back every week.

Accounts Payable
March 2026

$45,230

Pending

$12,400

Overdue

$234,500

Paid This Month

Approval Workflow

Submitted
Manager
Finance
Paid

Invoice Queue

4 invoices

Acme Cloud Services

INV-4821 · Due Mar 28

$18,750Pending

Sterling Office Supply

INV-4819 · Due Mar 25

$3,240Approved

DataVault Inc.

INV-4815 · Due Mar 18

$12,400Overdue

Bright Marketing Co.

INV-4812 · Due Apr 02

$6,890In Review
Upcoming Payments
Acme Cloud Services
$18,750Mar 28
Bright Marketing Co.
$6,890Apr 02
TechParts Ltd.
$9,100Apr 05

Features

Powerful Capabilities, Built for Scale

Every tool you need to run a world-class operation, from day one to enterprise scale.

AI Invoice Capture

Drop invoices in any format — PDF, email, scan, or e-invoice — and Workisy's OCR engine extracts vendor, line items, amounts, tax, and due dates automatically with over 98% accuracy.

Three-Way Matching

The system automatically matches invoices against purchase orders and goods-receipt notes. Discrepancies are flagged for review while clean matches flow straight to approval, cutting processing time dramatically.

Configurable Approval Routing

Build approval hierarchies based on amount thresholds, cost center, vendor category, or GL account. Parallel and sequential approvals, delegation rules, and escalation timers keep invoices moving.

Flexible Payment Runs

Schedule payment runs by due date, vendor priority, or cash-flow forecast. Support for ACH, wire transfer, virtual cards, and check printing — all from a single payment dashboard.

Vendor Portal

Give vendors self-service access to submit invoices, check payment status, update bank details, and download remittance advices. Reduce inbound inquiries by up to 70% and build stronger supplier relationships.

Early-Payment Discounts

Workisy surfaces available early-payment discounts and calculates the annualized return of paying early versus holding cash. Smart prioritization helps you capture discounts worth thousands each quarter.

Duplicate & Fraud Detection

Machine-learning models scan every incoming invoice for duplicates, unusual amounts, non-standard bank details, and suspicious patterns. Flagged invoices are routed to a dedicated review queue before payment.

Spend Analytics

Dashboards break down spend by vendor, category, department, and period. Identify concentration risk, track budget utilization in real time, and benchmark vendor pricing across your organization.

How It Works

Up and Running in Three Simple Steps

1

Capture & Extract

Invoices arrive via email, vendor portal, or bulk upload. AI extracts header and line-item data, matches the vendor record, and creates a payable entry — no manual data entry required.

2

Match & Approve

Three-way matching runs automatically. Clean matches are auto-approved; exceptions are routed to the right person with full context. Approvers act from email, mobile, or the web dashboard.

3

Pay & Reconcile

Approved invoices enter the payment queue. Schedule runs by due date or discount opportunity, execute payments in batch, and reconcile against bank statements — all within Workisy.

Results That Speak for Themselves

Measurable Impact on Your Business

Up to 80%

Faster Invoice Processing

Up to 95%

Touchless Invoice Rate

Up to 50%

More Discounts Captured

FAQ

Frequently Asked Questions

Ready to See It in Action?

Book a personalized demo and discover how Workisy can transform your operations in weeks, not months.