RapidAP Review
What is RapidAP?
RapidAP is a web-based, user-friendly account payable automation solution designed to help businesses streamline their accounts payable and improve their cash flow. It leverages artificial intelligence and machine learning to streamline document-intensive processes and eliminate manual work.
The platform is also packed with features that help businesses attain transparency, auditability, and complete control over the end-to-end invoice lifecycle. Some of the key functionalities include non-purchase invoice processing and purchase invoice processing, task list, discrepancy resolution, and document repository.
Furthermore, the software comes with a compliance tool and automated fraud detection to protect your business against anomalies and fraudulent behaviors. The app also gives admins granular controls and user management capability. You can control who can access what in the system.
What’s more, RapidAP ensures that its user’s needs are met by giving them the ability to make configuration changes according to their business requirements through the system admin console.
Show MoreOverview of RapidAP Benefits
Quick Invoice Processing
RapidAP automatically manages a lot of aspects of invoice processing such as email monitoring, two- or three-way invoice matching, assigning invoices for GL coding, compliance, and more. With less work to do manually, your staff can process invoices faster. Your business can pay invoices on time, meet SLAs, and generally keep your suppliers happy.
Reduced Errors
With an accounts payable automation solution, data-entry errors become a thing of the past. The platform either automatically sends an alert to the user when an error has been detected or it prevents the user to go further within the process. Hence, overpayment/redundant payments and other common manual account payable processing mistakes can be prevented.
Discrepancy Resolution
Processing a sheer volume of paperwork manually makes it difficult to spot discrepancies. When comparing internal documents, physical invoices, and checks to be sent out, the possible differences in the information on documents can differ in small ways that are not immediately identifiable. RapidAP eliminates this challenge by providing a discrepancy resolution functionality. The platform guides the users through the workflow to manage a number of possible ways a process might need intervention.
Immediate Fraud Detection
RapidAP performs a number of automated fraud detection checks such as GST vendor check and tax algorithm query. This could help your AP team protect the business against fraudulent invoices that could deliver a massive blow to your business and reputation.
ERP Integration
The platform supports several protocols including FTP, REST, and SOAP, allowing integration with almost any ERP solution. Meaning to say, you can integrate RapidAP with your business’s existing ERP system.
Comprehensive System Configuration
RapidAP gives users access to its configuration module, allowing them to personalize certain aspects of the system to meet their business requirements. You can set up business rules, create new groups and roles within the system, set up auto-GL coding for non-PO, regular invoices, and more.
Show MoreOverview of RapidAP Features
- Artificial Intelligence-Driven OCR
- Discrepancy Resolution
- Document Repository
- Non Purchase Order Processing
- Purchase Order Processing
- Fraud Detection
- System Admin Console
- Task List
Awards & Quality Certificates
RapidAP Position In Our Categories
Keeping in mind businesses have their own business requirements, it is only rational that they avoid purchasing a one-size-fits-all, “perfect” business application. Regardless, it would be futile to try to discover such application even among sought-after software products. The practicable step to do should be to tabulate the varied important aspects that require investigation like major features, plans, skill competence of the users, business size, etc. Next, you should follow through your research comprehensively. Go over these RapidAP reviews and explore the other applications in your shortlist in detail. Such detailed research guarantees you stay away from ill-fitting applications and buy the system which meets all the function your business requires for success.
Position of RapidAP in our main categories:
TOP
500
RapidAP is one of the top 500 Accounting Software products
Since each company has unique business wants, it is advisable for them to abstain from searching for a one-size-fits-all perfect software system. Needless to say, it would be futile to try to find such a system even among popular software platforms. The intelligent thing to do would be to catalog the various essential elements that need consideration such as required features, finances, skill levels of staff members, company size etc. Then, you should do your groundwork thoroughly. Read some RapidAP Accounts Payable Software reviews and investigate each of the other apps in your shortlist in detail. Such in-depth research can make sure you weed out ill-fitting applications and zero in on the system that presents all the elements you require for business success.
How Much Does RapidAP Cost?
RapidAP Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
What are RapidAP pricing details?
RapidAP Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
RapidAP’s enterprise pricing is available only upon request. Kindly contact the vendor for more information.
User Satisfaction
Positive Social Media Mentions
18
Negative Social Media Mentions
1
We are aware that when you decide to purchase a Accounts Payable Software it’s vital not only to see how experts score it in their reviews, but also to discover if the real users and enterprises that purchased this software are genuinely happy with the product. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and RapidAP reviews across a wide range of social media sites. The information is then presented in a simple to understand form showing how many customers had positive and negative experience with RapidAP. With that information available you should be equipped to make an informed buying choice that you won’t regret.
Technical details
Devices Supported
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Quote-based
Customer Types
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for RapidAP?
RapidAP seamlessly integrates with a vast number of varying applications and systems including the following:
- SAP
- Xero
- Alchemy ERP
- Aurion People & Payroll Software
- Baseplan
- Epicor ERP
- delegate
- H&L
- technologyone
- Maximize ERP
- SharePoint
- intuit Quickbooks
- Infor M3
- Microsoft Dynamics GP
- Mincom
- MYOB
- Navigator SAP
- Oracle NetSuite
- Oracle MICROS
- Oracle Financials Cloud
- Oracle JD Edwards
- Oracle PeopleSoft
- SAASU
- Greentree
- HP Trim
- Viking SupplyNet
- Coins
- NellerConnect
- Databuild
- Infor LN
- Infor Sunsystems
- Sage
- Manhattan
- Microsoft Dynamics 365
- Microsoft Dynamics 365 AX
- Microsoft Dynamics 365 NAV
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