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
Knowing that companies have special business-related wants, it is reasonable that they steer clear of selecting an all-in-one, ideal business application. Nonetheless, it is nearly futile to come across such a software solution even among recognizable software products. The practical step to undertake is to take note of the numerous significant aspects that demand examination including important features, price terms, skill levels of the employees, company size, etc. Next, you should follow through your research fully. Browse through some of these RapidAP review articles and explore the other applications in your shortlist in detail. Such detailed product research makes sure you avoid unsuitable software solutions and select the system which has all the aspects your company requires to achieve growth.
Position of RapidAP in our main categories:
TOP
500
RapidAP is one of the top 500 Accounting Software products
Every organization has different wants and requires a software that can be customized for their size, kind of staff members and clients, and the particular industry they are in. For these reasons, no platform can offer perfect features out-of-the-box. When you search a software app, first be sure what you need it for. Read some RapidAP Accounts Payable Software reviews and ask yourself do you need basic functionality or do you want complex functionality? Are there any industry-specific tools that you are searching for? Get the answers to these questions to help your search. There are lots of aspects that you need to reflect on and these include your finances, particular business requirements, your organization size, integration needs etc. Take your time, check out a few free trials, and finally zero in on the platform that offers all that you want to enhance your firm competence and productivity.
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 realize that when you choose to purchase a Accounts Payable Software it’s important not only to find out how professionals evaluate it in their reviews, but also to check whether the real people and companies that bought it are genuinely content with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and RapidAP reviews across a broad array of social media sites. The data is then presented in an easy to understand format revealing how many people had positive and negative experience with RapidAP. With that information at hand you will be prepared 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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