AI-Powered Invoice Automation for the Modern Enterprise
Automatically capture, analyze, validate, and approve invoices from any source with AP Essentials.
Tungsten AP Essentials™ revolutionizes accounts payable by harnessing artificial intelligence and cloud-native automation to streamline invoice processing from any source or format. As a multi-tenant SaaS solution, it delivers intelligent capture, validation, and approval workflows—reducing manual effort, boosting accuracy, and accelerating time-to-payment.
Intelligent Invoice Processing with AI at the Core
At the heart of AP Essentials is advanced cognitive capture technology, powered by AI and machine learning. This enables:
High-Precision Data Extraction
Achieve over 95% first-time capture accuracy, even with complex scripts and handwritten invoices.
Adaptive Learning
The system continuously improves by learning from user corrections, enhancing speed and precision over time.
Tungsten Copilot
Utilize generative AI to ask natural language questions like, “What’s the average invoice amount from this supplier?” and receive instant, actionable insights.
Key Benefits
Market-leading Intelligent Capture
Kofax AP Essentials improves extraction rates, extraction precision, reduces labor, and reduces processing times through intelligent machine learning.
Invoice processing
All editions integrate with ERP and pay-to-procure market leaders, including Microsoft Dynamics 365 Business Central, Microsoft Dynamics 365 Finance and Operations, Oracle Financial Cloud, Oracle NetSuite, and Coupa Spend Management.
Workflow Automation
Native workflows ensure the proper routing of invoices, enforce approval policies, and provide greater transparency into how processes are executed.
Experience low TCO & fast ROI
Reduce hardware that depreciates over time and achieve ROI quickly with a simple setup and continuous performance monitoring.
Seamless Integration with Leading ERP Systems
AP Essentials offers out-of-the-box integration with major ERP and procurement platforms, including:
Coupa is a cloud platform to manage all your transactions across procurement, payments, and supply chain. AP Essentials is a Coupa-certified solution that captures, extracts, and validates full PO, Non-PO, and other invoice processing operations. Machine learning and line-item extraction lead to advanced features capable of organizing and streamlining your accounts payable process.
E-conomic is a flexible accounting program that can directly integrate into AP Essentials. E-conomic integration supports invoice posting, credit note posting, general-ledger invoice handling, project-invoice handling, payment-type handling, automatic coding suggestions, organization mapping, master-data synchronization, and currency exchange rates.
AP Essentials can do more than send output to a target system. It can also perform seamless, two-way communication with the target system. Integrations are flexible, easy to configure, and complete with all the features you need to connect AP Essentials with your target system, such as Hogia. Hogia is a Swedish ERP system that supports the handling of supplier invoices.
AP Essentials supports integrations with these Microsoft Dynamics versions: Dynamics NAV, Dynamics 365 for Finance and Operations, and Dynamics AX 2012. The Dynamics NAV and Dynamics 365 Business Central integrations enable cooperation between AP Essentials and Microsoft Dynamics NAV or Dynamics 365. It leverages more power and adds value to your current accounts-payable system by extracting data from supplier invoices without any tedious projects or expensive hardware investments.
AP Essentials supports integrations with Visma Administration via the Visma Administration and Visma Administration (AP) target system services. Visma Administration is a Swedish ERP system for small companies that supports handling invoices, projects, orders, etc. When using Visma Administration with AP Essentials, you can register and post supplier invoices and credit invoices and integrate master data for greater efficiency.
AP Essentials can do more than send output to a target system. It can also perform seamless, two-way communication with the target system. Integrations are flexible, easy to configure, and complete with all the features you need to connect AP Essentials with your target system, such as Visma Business. Visma Business is a Swedish ERP system that supports the handling of invoices, projects, orders, etc.