Powering up
invoice verification with iVerifai

• Tired of manual line by line checking of invoices?

• At risk of overpaying against complex contract rates and non-standard charges?

• Frequent issues with payments to suppliers?

• Paying for costly manual labour to verify charges against contracts?

Automate this process and be faster, accurate and more efficient by uploading your contracts, rate sheets and invoices.

Let iVerifai be your virtual auditor for faster reconciliation and better collaboration with your suppliers and service providers.

Efficiency, accuracy and peace of mind – that's what iVerifai brings to your invoice verification process.

The AI algorithms automatically extract and validate invoice data against your contracts and rate cards, to identify discrepancies, under-charges, overvharges, and missing data to provide real-time alerts and suggestions for corrections.

With AI at its core, iVerifai significantly speeds up the invoice verification process, allowing your team to focus on more strategic tasks. Plus, the AI-powered system adheres to stringent data protection regulations, safeguarding your sensitive financial information.

Features

iVerifai is powered with features that will benefit your business.

Transport Service Provider Registration

Simplify your Self onboarding process with an easy registeration process on the platform.

Rate Card Management

Empower vendors to easily upload and manage their rate cards effortlessly. iVerifai centralizes all the information, making it accessible and easy to update.

Invoice Upload

Invoices can be seamlessly uploaded to the system, eliminating the need for manual data entry. We accept a variety of invoice file formats, thus making our solution a versatile one for all diverse needs.

Data Extraction

Our advanced AI technology extracts crucial data from invoices, minimizing the chances of human error. iVerifai ensures that all relevant information is captured accurately and efficiently.

Matching Against Rate Card

The heart of iVerifai – the system intelligently matches extracted data from invoices against your uploaded rate cards and contracts. This automated process enhances accuracy and ensures that every transaction aligns with your pricing agreements.

Verification

iVerifai doesn't just stop at matching – it verifies each transaction, providing you with the confidence that your shipments are billed correctly. No longer will you have to deal with any discrepancies.

Automatic Training

Over time, iVerifai learns from your transactions. The system evolves and adapts, becoming more accurate and efficient with each cycle. Experience the power of AI that gets smarter as it works for you.

Why Choose iVerifai?

Accelerates your verification process, reducing the time it takes to cross-check invoices against rate cards.

Ensures that every transaction aligns with your predetermined rates, preventing financial losses due to billing inaccuracies

Scales with you to adapt to your growing needs.

Prioritizes data security, employing advanced encryption protocols to safeguard all sensitive information throughout the verification process.

Effortlessly navigate with a user-friendly interface.

Track trends, identify outliers, and make informed decisions to optimize your operations further.

Data Security & Encryption with iVerifai

Employing advanced encryption protocols, iVerifai safeguards all sensitive information throughout the verification process. Our AI-powered system ensures that your data is protected at all stages, from initial input to final storage.

We implement multi-layered security measures, including end-to-end encryption, secure access controls, and regular security audits, to maintain the highest standards of data integrity and confidentiality.

This commitment to security gives you peace of mind, knowing that your financial information is always safe.