Rillion is a cloud-based accounts payable automation platform on which accounting and finance managers, consultants, CFOs, auditors, organizations, and SMBs across industries rely. Rillion is equipped with a suite of fast, automated, and user-friendly software solutions. These tools can help you streamline and innovate your accounts payable, purchase order, purchase-to-pay, and payment processes.
The AP automation platform enables users to collect, approve, process, and handle supplier or vendor invoices from a desktop, laptop, or smartphone. They can instantly and accurately extract invoice data from papers, electronic files, or emails.
Rillion also permits them to implement smart and automated workflows for validating and approving invoices. It allows the automatic routing of invoices to the right approvers and checking invoices against purchase orders, goods receipts, and contracts. Errors, discrepancies, or irregularities can be immediately identified and fixed.
Users can also build and maintain a complete, unified, and searchable record of their purchase and payment-related transactions, documents, activities, and communications. They can also integrate and synchronize Rillion with their existing ERP, accounting, purchasing, CRM, eCommerce, or EDI systems.
Show MoreAutomated Invoice Data Capture
Rillion uses invoice capturing and processing, OCR scanning, and AI technologies for you to handle supplier or vendor invoices effortlessly. Rillion can automatically and accurately extract data from paper, email, or digital invoices (e.g., Word, Excel, PDF, CSV, XML, JPG, TIFF, and EDI files).
Invoice data and the relevant data fields are captured, mapped, and stored in a database. You can eliminate costly human errors, prevent late payments, and improve staff productivity.
Intelligent Accounting
The platform streamlines invoice routing, validation, coding, approval, and posting. It learns from your historical invoice, coding, and posting data and makes predictions and suggestions on how invoices should be coded and routed.
Furthermore, you can implement automated invoice matching in which invoices are verified against their corresponding order documents. You’ll easily rectify invoices with wrong or missing information, pricing discrepancies, or other exceptions and irregularities.
Approval Workflows
Rillion permits you to set up your own rules, thresholds, and permissions to automate purchase requisition, review, and approval. For example, you’ll specify which services and products departments and employees can buy, at what prices, and from which suppliers they should be purchased.
You can also identify the persons authorized to make purchase requisitions, approve requisitions, create purchase orders, process invoices, and adjust budgets. This helps you gain better visibility and control over corporate spending while avoiding unnecessary costs and improving vendor relationships.
Archive & Audit Features
Rillion provides complete and searchable invoice archives and audit trails. You can use them to easily and securely store, find, access, and share all important documents and information related to your purchasing, accounting, and payment processes.
You’ll have detailed, historical records of transactions, invoices, purchase orders, and messages of approvers, staff, and suppliers with time stamps. This enhances efficiency, transparency, and accountability. Thus, you can speed up internal and external audits, avoid fraudulent activities, and adhere to the requirements and expectations of regulatory bodies and investors.
Show MoreProblem #1. A business owner has to manually key in bills to his QuickBooks Online accounting system.
Solution: Rillion captures the invoice data automatically, whether it has been emailed or mailed. That eliminates the manual effort of keying the information in.
Problem #2. A finance administrator keeps track of vendor bills on a spreadsheet and uses email to go back and forth with approvers.
Solution: Rillion sends invoices out in an automated workflow to approvers who can approve on desktop, laptop, tablet, or smartphone. A central dashboard shows the status of invoice approvals and where a bill is in the approval process.
Problem #3. Finance administrators have to search for a specific item on vendor invoices, but most software only searches particular fields.
Solution: Rillion can search for any data on an invoice, meaning the time and frustration of looking for data is reduced to a minimum.
Since businesses have specific business-related requirements, it is only prudent that they steer clear of paying for a one-size-fits-all, ideal software product. Needless to say, it would be almost impossible to chance on such a software solution even among well-known software solutions. The best step to do should be to note down the varied important factors which entail analysis such as essential features, plans, technical skill competence of the employees, business size, etc. Then, you should conduct the research to a full extent. Have a look at some of these Rillion evaluations and check out the other applications in your shortlist more closely. Such well-rounded research ascertains you avoid unfit apps and pay for the one that meets all the tools your company requires.
Position of Rillion in our main categories:
Rillion is one of the top 500 Accounting Software products
Each business has its own characteristics, and may need a special Accounts Payable Software solution that will be adjusted to their company size, type of customers and staff and even specific industry they deal with. It's not wise to count on getting a perfect app that will work for every company regardless of their background is. It may be a good idea to read a few Rillion Accounts Payable Software reviews first and even then you should remember what the solution is supposed to do for your company and your workers. Do you need a simple and intuitive app with just elementary functions? Will you really use the advanced functionalities required by pros and large enterprises? Are there any particular tools that are especially practical for the industry you operate in? If you ask yourself these questions it will be much easier to locate a reliable solution that will match your budget.
Rillion Pricing Plans:
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Rillion Pricing Plans:
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Rillion’s enterprise pricing is available only upon request.
We know that when you make a decision to purchase a Accounts Payable Software it’s important not only to learn how professionals score it in their reviews, but also to check if the real users and businesses that use these solutions are indeed happy with the service. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Rillion reviews across a wide array of social media sites. The data is then displayed in an easy to understand way indicating how many users had positive and negative experience with Rillion. With that information available you will be equipped to make an informed buying decision that you won’t regret.
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