Overview
What is Rillion?
Many companies handle hundreds, sometimes thousands, of invoices a day. It’s not just about collecting the documents and making sure the right person receives them; it’s also about keying the data into the right programs, confirming the data matches, and…
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Product Demos
Invoice Search Demo ǀ Rillion One
Document and Contract Management Demo │ Rillion One
Invoice Automation Platform Demo ǀ Rillion One
Product Details
- About
- Integrations
- Competitors
- Tech Details
What is Rillion?
Many companies handle hundreds, sometimes thousands, of invoices a day. It’s not just about collecting the documents and making sure the right person receives them; it’s also about keying the data into the right programs, confirming the data matches, and paying the invoices ASAP to make the most out of early payment discounts.
With accounts payable automation, invoice processing speeds up considerably as well as reduces manual processing, thus minimizing the risk for human error. Rillion's (formerly Palette Software) automated accounts payable software handles the administrative work so employees can instead focus on exception handling and analysis. This is to drive lower invoice processing costs and faster Accounts Payable workflows.
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Invoice Data Capture
By using AI and capture automation, data is extracted from both paper or emailed invoices. THe solution boasts 95% accuracy for paper, 100% for electronic formats. The AP automation solution is designed to eliminate manual data entry, manual errors, and missed invoices. The invoice data capture process includes four steps:
- OCR & extraction
- Document classification
- Data validation & quality control
- Reporting & analysis
Approval Workflow
Paper and other manual-based processes slow down the invoice approval process significantly and are prone to human error. Rillion's account payable software integrates with existing accounting systems, streamlining the invoice approval workflow of both PO- and non-PO invoices, making it easier by automatically directing invoices to the designated approver. Once approved the invoices are forwarded to an ERP for payment. Flag invoices or line items and send them to approvers for review and approval.
- Automatic notifications and reminders
- No expensive coding or user licenses
- Drag and drop functionality for ad hoc re-routing
- Visibility into payment/approval status of invoices
- Email approvals with one click functionality in mobile
- Approvers get a complete package to review including invoice, PO, goods receipt and messages
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PO Matching
Rillion’s automated accounts payable system matches vendor invoices to internal or external purchase orders and goods receipts in a touchless process. POs and invoices can have hundreds of lines. The software eliminates manual searching and matching, allowing staff to focus on more high-value tasks.
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Audit and Invoice Archive
The supplier invoice archive and the log is fully searchable. Get access to a complete time-stamped archive of all invoices with full visibility into approvals and approval messages.
Rillion Features
- Supported: Invoice Data Capture
- Supported: Approval Workflow
- Supported: Automated PO Matching
- Supported: Searchable Invoice Archive & Audit
- Supported: Recurring Invoices
Rillion Screenshots
Rillion Integrations
Rillion Competitors
Rillion Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
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Operating Systems | Unspecified |
Mobile Application | No |
Supported Countries | North America, Australia, Europe |
Supported Languages | English, German, Swedish, Norwegian, Danish |
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Reviews
Community Insights
- Business Problems Solved
One of the key use cases of this software is its ability to automate Accounts Payable processes. Users have reported that the software efficiently maps data from invoice files to their ERP system, saving them considerable time from manual input. By automating these processes, users are able to identify potential issues and avoid problems before they arise. Additionally, the software has proven to be user-friendly with an interface that facilitates effective handling of vendor invoices.
Another significant use case of this software is its seamless integration with other bookkeeping programs. Users have expressed satisfaction with how easily the software integrates with their existing systems, allowing for a smooth transition and improved workflow optimization. Moreover, the software has been praised for its ability to track invoices across different regions and departments, providing transparency and traceability for accounting purposes.
Although some users have experienced shortcomings while operating with the software, such as limited choice due to group policy or occasional customer service response time issues, overall feedback has been positive. The automation of tedious accounting tasks has resulted in increased efficiency, control, and cost reductions for numerous customers. It has also enabled easy resolution of accounting issues and streamlined invoice tracking, offering a solution for addressing shipping/receiving errors.