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.