Vic.ai favicon Vic.ai vs Inwisely favicon Inwisely

Vic.ai

Vic.ai stands at the forefront of financial technology as the first autonomous platform designed specifically for accounting workflows. The platform leverages advanced AI technology to revolutionize accounts payable operations, offering comprehensive solutions for invoice processing, purchase order matching, approval flows, and payment management.

The platform delivers exceptional results with a 5x faster invoice processing speed and achieves an 85% no-touch rate within six months of implementation. With seamless ERP integration capabilities and an open API architecture, Vic.ai provides a scalable solution that transforms traditional accounting processes into autonomous operations, offering organizations a typical payback period of seven months.

Inwisely

Inwisely revolutionizes accounts receivable management by providing a comprehensive automation solution that helps businesses improve their cash flow by 40% and collection effectiveness by 45%. The platform automates payment reminders, tracks invoice lifecycles, and delivers real-time analytics for better financial decision-making.

Through intelligent workflows and accounting tool integrations, Inwisely enables organizations to maintain better control over their receivables while reducing the manual effort typically associated with invoice follow-ups and collections. The platform offers detailed insights into key metrics such as Days Sales Outstanding, Collection Effective Index, and Bad Debt Ratio, helping businesses optimize their accounts receivable processes.

Vic.ai

Pricing

Contact for Pricing

Inwisely

Pricing

Paid
From 139$

Vic.ai

Features

  • Autonomous Invoice Processing: 355% improvement in processing productivity
  • AI-Powered PO Matching: Instant discrepancy identification across multi-line documents
  • Intelligent Approval Flows: Automated routing and approval without human intervention
  • B2B Payments Management: Fraud risk reduction and early payment discount identification
  • Analytics Dashboard: Real-time insights on processing data and team performance
  • ERP Integration: Compatible with all leading ERP systems and accounting solutions

Inwisely

Features

  • Automated Payment Reminders: Intelligent follow-up system for overdue invoices
  • Real-time Analytics Dashboard: Comprehensive view of receivables metrics
  • Accounting Tool Integration: Compatible with multiple accounting platforms
  • Customer-specific Workflows: Customizable collection processes
  • Invoice Lifecycle Tracking: Complete visibility of invoice status and history
  • Debtor Categorization: Organized classification of debtors
  • Email Intelligence: Smart communication management
  • Performance Metrics: Tracking of DSO, CEI, and bad debt ratio

Vic.ai

Use cases

  • Automated invoice processing and validation
  • Purchase order matching and reconciliation
  • Streamlined approval workflows
  • Financial data analysis and forecasting
  • Vendor payment management
  • Accounting process automation

Inwisely

Use cases

  • Automating payment reminder communications
  • Tracking and analyzing accounts receivable metrics
  • Managing customer payment promises
  • Monitoring collection effectiveness
  • Streamlining invoice follow-up processes
  • Reducing Days Sales Outstanding
  • Improving cash flow management

Vic.ai

FAQs

  • What is the typical ROI timeframe for implementing Vic.ai?
    According to the platform statistics, customers typically see a payback period of 7 months on their Vic.ai investment.
    What is the no-touch processing rate achieved with Vic.ai?
    Customers can achieve an 85% no-touch rate by month 6 of implementation.

Inwisely

FAQs

  • Which accounting tools does Inwisely integrate with?
    Inwisely integrates with most accounting tools and can implement new integrations within a week if a specific tool is not currently supported.
    What improvement in cash flow can I expect?
    According to the platform's statistics, businesses can improve their cash flow by 40% and collection effectiveness by 45%, while reducing DSO by 30%.
    What's included in the Standard plan?
    The Standard plan includes actionable insights on overdue invoices, real-time receivable analytics, automated payment reminders, customer-specific workflows, accounting tool integration, tech support, debtor categorization, and limited users.

Vic.ai

Uptime Monitor

Average Uptime

99.91%

Average Response Time

269.1 ms

Last 30 Days

Inwisely

Uptime Monitor

Average Uptime

100%

Average Response Time

738 ms

Last 30 Days

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