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RapidAP Review

RapidAP
Our score: 8.0 User satisfaction: 95%

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.

Overview 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.

Overview 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

An award given to products that have recently entered the market but are already becoming very popular
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.

RapidAP Position In Our Categories

Knowing that businesses have specific business wants, it is logical that they abstain from going for an all-encompassing, “perfect” solution. Having said that, it is nearly futile to find such an app even among widely used software solutions. The efficient step to do is to shortlist the numerous chief functions that necessitate scrutiny like critical features, packages, technical skill levels of staff members, business size, etc. Thereafter, you must perform the product research to a full extent. Browse over some RapidAP evaluations and check out each of the software programs in your shortlist in detail. Such all-encompassing product investigation ensure you circumvent poorly fit software products and pay for the system which includes all the benefits your business requires.

Position of RapidAP in our main categories:

TOP 500

RapidAP is one of the top 500 Accounting Software products

RapidAP is also listed in the following subcategories:

Since each company has specific business requirements, it is sensible for them to desist from looking for a one-size-fits-all faultless software system. Needless to say, it would be pointless to try to find such a platform even among widely used software platforms. The smart thing to do would be to list the various important elements that require consideration such as key features, finances, skill levels of employees, company size etc. Then, you should do your groundwork thoroughly. Read some RapidAP Accounts Payable Software reviews and check out each of the other solutions in your shortlist in detail. Such exhaustive research can make sure you weed out ill-fitting platforms and zero in on the solution that provides all the aspects you require for business success.

How Much Does RapidAP Cost?

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 make a decision to buy Accounts Payable Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and RapidAP reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with RapidAP. With that information at hand you should be equipped to make an informed buying decision 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?

  • email
  • phone
  • live support
  • training
  • tickets

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RapidAP Comparisons

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.

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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Reviewed By Jenny Chang
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