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RapidAP

RapidAP

Overview

What is RapidAP?

Launched in 2009, Efficiency Leaders is a finance transformation specialist. Its main solution, RapidAP, is designed to enable companies to transform AP from a cost centre to a profit centre by embracing new technologies and innovative frameworks. The cloud-based solution delivers capabilities including an…

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Pricing

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What is RapidAP?

Launched in 2009, Efficiency Leaders is a finance transformation specialist. Its main solution, RapidAP, is designed to enable companies to transform AP from a cost centre to a profit centre by embracing new technologies and innovative frameworks. The cloud-based solution delivers…

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is RapidAP?

Launched in 2009, Efficiency Leaders is a finance transformation specialist. Its main solution, RapidAP, is designed to enable companies to transform AP from a cost centre to a profit centre by embracing new technologies and innovative frameworks.

The cloud-based solution delivers capabilities including an invoice library, numerous permissions levels, complex business rules, and provides a holistic automated process from data capture to ERP integration with its AI-driven OCR and integration capabilities.

The vendor states that on average, cost and time reduction are beyond 82% resulting in a cost per invoice processed lower than $3.

Some of Efficiency Leaders' customers include Sonic HealthCare, Brickworks, Energex, Hyunday, PCYC, Hitachi, WINC, Ergon Energy.


RapidAP Features

  • Supported: PO/Non-PO processing
  • Supported: Invoice Library
  • Supported: Multi-Currency detection
  • Supported: Discrepancy Resolution
  • Supported: Compliance
  • Supported: Exception management
  • Supported: Flexible business rules
  • Supported: Permission levels
  • Supported: Permission levels
  • Supported: Admin Console
  • Supported: Fraud Detection
  • Supported: 24/7 Support
  • Supported: Task List Dashboard
  • Supported: PO matching
  • Supported: GL Code matching
  • Supported: Instant Notifications
  • Supported: Mobile Responsive
  • Supported: Cloud-Based
  • Supported: AI-Driven OCR
  • Supported: Seamless integration
  • Supported: Online purchase requisition forms
  • Supported: Online Invoice Payments
  • Supported: Audit Trails
  • Supported: Analytics
  • Supported: Auto verification of Transactions
  • Supported: Invoice Validation
  • Supported: 3 way duplicate supplier invoice check
  • Supported: Automated Workflow Approval
  • Supported: Invoice Archiving
  • Supported: Transaction Tracking
  • Supported: Reporting Filters
  • Supported: Real-Time Reporting

RapidAP Screenshots

Screenshot of RapidAP document library

RapidAP Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWindows, Linux, Mac
Mobile ApplicationApple iOS, Android, Windows Phone
Supported CountriesGlobal
Supported LanguagesEnglish

RapidAP Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)0%
Mid-Size Companies (51-500 employees)60%
Enterprises (more than 500 employees)40%
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