Rapid Invoice Coding

AI-Powered Rapid Coding for Smarter Invoice Processing

Automate invoice coding with Centime’s rapid coding feature, allowing you to categorize invoices with just a few clicks. Increase efficiency, reduce manual errors, and keep your AP workflow moving. Spend less time coding and more time managing cash flow.

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"A standout feature [in Centime] is its time-saving invoice entry and capture capabilities through AI automation, particularly with invoice coding and PO matching, streamlining tasks that typically consume significant time, enhancing efficiency and accuracy in managing AP workflows."

Cassidy Drilling, CFO, Craft 'Ohana
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Save time and money by automating invoice processing

AI invoice coding automation for growing businesses

Automatically capture crucial details, predict coding based on historical data, and enjoy user-friendly controls for a coding experience that’s as smooth as silk. Centime’s AI-powered rapid coding solution helps finance teams revolutionize the AP process.

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Automated Capture & Identification

Leverage AI automation to extract key invoice details and match suppliers accurately.

AI-Driven Predictive Coding

Leverage captured data to predict header and line-level coding based on historical invoices from the same supplier. The AI learns and adapts, improving accuracy over time.

Powerful UX

Maintain control. Our user-friendly interface allows you to manually code when needed.

Transparency is Key

The Centime UI clearly identifies and explains predicted values, allowing easy user review when needed.

AI-Learning for Enhanced Accuracy

Centime’s AI evolves with each transaction, becoming smarter and more precise as you process invoices.

Accounts Receivable Automation

Capture and Identify

Automatically capture essential fields, and easily identify the correct supplier from your General Ledger.

Accounts Payable Automation

Predictive Coding

Leverage captured data to predict header and line-level coding based on historical invoices from the same supplier. The AI learns and adapts, improving accuracy over time.

Cash FlowForecasting

Powerful UX

Maintain control. Our user-friendly interface allows you to manually code when needed.

Cash Reporting and KPIs

Transparency is Key

The Centime UI clearly identifies and explains predicted values, allowing easy user review when needed.

Working Capital Credit Line and Credit Cards

Improved Accuracy Over Time

Emphasizing accuracy, our system evolves with each manual entry, ensuring your coding becomes more precise over time.

Our AI, your superpower

Are you tired of limited visibility and countless interactions needed to code a complex invoice? Our AP rapid coding experience is tailored for businesses with intricate coding needs.

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Powerful tools: Equipped with robust features designed to meet complex coding requirements head-on.
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Better interactions: Experience seamless drop downs, enhanced search capabilities, and make bulk edits when you need.
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Dedicated coding tab: A focused environment solely dedicated to coding, eliminating distractions, and streamlining your workflow.
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Keyboard controlled experience: Effortlessly navigate and code using just your keyboard, enhancing efficiency and reducing manual effort.
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Streamlined processing: Minimize clicks and get the full context needed to conquer coding challenges in one place.

Why Choose Centime?

We’re not just an AP solution – Centime is the only comprehensive cash management solution on the market. We offer AP/AR Automation, cash flow forecasting, working capital credit management, and banking solutions for growing businesses. 

See our full suite of solutions here.

Top-Rated Invoice Capture Tool

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Jennifer Rogers

VP of Finance

"With Centime AP, we have streamlined invoice processing and supplier payments. And, our auditors are really happy that we now have strong payment controls."

Drew Pearson

CFO

"We only make supplier payments after we understand their impact on future cash. Centime AP includes a cash forecast, and gives our team a view into future cash flows so that we can make strategic choices about who and when to pay."

Accounts Payable Resources

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A Comprehensive Guide to 2-Way, 3-Way, and 4-Way PO Matching
PO matching streamlines various aspects of your business operations. By using this practice, you actively mitigate the risks of incorrect or fraudulent invoices and ensure better cash flow.
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How to Optimize Accounts Payable for a Credit Crunch
In the wake of the pandemic, the Federal Reserve has increased interest rates at the fastest pace in decades, leading to widespread economic uncertainty.
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Webinar
Exploring AP and AR Automation: Key Trends, Requirements, and Pitfalls to Avoid
The advantages of AP and AR automation are indisputable - yielding better cash flow, more efficiencies, and stronger financial controls.
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Rapid Invoice Coding FAQs

What is Rapid Invoice Coding, and how does it improve invoice processing?
How does AI-powered invoice coding reduce errors compared to manual entry?
What happens if the AI assigns the wrong code to an invoice?
Does Rapid Invoice Coding support multi-line invoices?
How does Centime’s Rapid Invoice Coding integrate with approval workflows and other AP processes?

What is Rapid Invoice Coding, and how does it improve invoice processing?

Rapid Invoice Coding significantly reduces the manual burden of processing invoices by predicting header and line level coding based on similar invoices previously processed in Centime. As users process invoices in our AP Module, our auto-coding will get better at predicting future examples.

How does AI-powered invoice coding reduce errors compared to manual entry?

AI-powered invoice coding eliminates human errors by automating invoice coding based on historical patterns. Unlike manual entry, which is prone to miskeying and inconsistencies, AI analyzes past invoices, recognizes supplier-specific coding patterns, and applies them accurately.

Centime’s AI continuously learns from user adjustments, improving accuracy over time. With automated validation and built-in transparency, predicted codes are clearly identified, allowing for quick review and reducing costly mistakes in AP processing.

What happens if the AI assigns the wrong code to an invoice?

Centime clearly identifies predicted values, while the intuitive interface lets users review or adjust as needed. Each manual correction helps train the system to predict more accurately on future examples.

Does Rapid Invoice Coding support multi-line invoices?

Yes, Centime predicts both header and line level coding, and uses line-item descriptions and product codes to differentiate how individual lines should be coded. It’s nuanced enough to learn that different invoices for the same supplier may require different categorizations.

How does Centime’s Rapid Invoice Coding integrate with approval workflows and other AP processes?

Thanks to Centimes OCR, rapid coding, and flexible invoice approval policies, AP teams can fully automated invoice entry and coding, while ensuring proper controls are in place before invoices are posted and paid. 
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