Rillion
by Rillion · AP Automation
AI invoice automation syncing capture, approvals and payments into ERPs.
- Works with
- Microsoft Dynamics 365, NetSuite, Sage Intacct, SAP Business One
- Deployment
- Cloud
- Company size
- Mid-market
- Pricing
- Quote-based
- Founded
- 1993
- Headquarters
- Stockholm, Sweden
Overview
Rillion is an accounts payable automation provider focused on invoice capture, matching, approvals, and payments that sync into the customer's ERP. Formerly known as Palette Software, the company has a long history in AP automation and emphasizes flexible workflows and AI-native invoice capture that aims to eliminate OCR templates and manual configuration. It captures invoices automatically, routes approvals using AI or custom rules, matches purchase orders, and enables one-click vendor payment.
Rillion targets mid-market organizations that want fast, flexible AP automation layered on their existing ERP, with deep PO-matching capabilities suited to companies with significant procurement activity. It operates across the US and EMEA and reports tens of thousands of organizations using its software across many countries.
Rillion was founded in Sweden in 1993 and is headquartered in Stockholm, with offices in the US and across EMEA. It has been backed by private equity firm Altor since 2021 (previously backed by Monterro).
Screenshots & demo
Demo video from the vendor's YouTube channel. Screenshots sourced from Rillion.
Features & capabilities
Invoice Capture
AI-native data capture without OCR templates.
- AI-native invoice capture (Rillion Capture)
- Template-free data extraction
- Header and line-level capture
- Multiple intake channels
- Duplicate detection
Invoice Matching
PO and line-level matching.
- 2-way and 3-way PO matching
- Line-level matching
- Tolerance handling
- Exception management
- Receipt matching
Approval Workflow
AI and rules-based routing.
- AI-driven approval routing
- Custom approval rules
- Mobile approvals
- Audit trail
- Reminders and escalations
Payments
Vendor payment with one-click flow.
- One-click vendor payments
- Payment scheduling
- Payment reconciliation
- Vendor management
ERP Sync
Synchronization with back-end ERPs.
- Two-way ERP synchronization
- GL and master data sync
- Connectors for Dynamics, NetSuite, Sage Intacct, SAP Business One
- API integration
Reporting
Visibility into AP performance.
- AP dashboards and reporting
- Cycle-time and KPI tracking
- Spend visibility
Common use cases
- Mid-market companies adding flexible AP automation on top of an existing ERP
- Organizations with heavy procurement needing strong PO and line-level matching
- Finance teams wanting AI-native capture without maintaining OCR templates
- Businesses operating across the US and EMEA
- Companies seeking one-click vendor payments synced to the ERP
- Teams automating approval routing with AI or custom rules
Strengths & considerations
Strengths
- AI-native invoice capture that aims to remove OCR templates and manual setup
- Strong, flexible PO and line-level matching from a long AP heritage
- Two-way ERP synchronization across Dynamics, NetSuite, Sage Intacct, and SAP Business One
Considerations
- Mid-market focus rather than the largest global enterprises
- Pricing is quote-based and not publicly listed
ERP integrations
Pricing
Pricing scales with invoice volume, users, and ERP integration. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- SaaS (multi-tenant)
- Data residency
- US, EU
- Compliance
- SOC 2, ISO 27001
- Mobile app
- Yes
- Languages
- English, Swedish
About the vendor
- Founded
- 1993
- Headquarters
- Stockholm, Sweden
- Employees
- ~200-400
- Ownership
- Private equity
Alternatives to Rillion in AP Automation
Rillion — frequently asked questions
Was Rillion known by another name?
Yes. Rillion was formerly Palette Software and has a long history in AP automation dating to 1993.
What is AI-native invoice capture?
Rillion Capture is designed to extract invoice data without relying on OCR templates or manual configuration, reducing setup and maintenance effort.
Which ERPs does Rillion sync with?
It provides two-way connectors for Microsoft Dynamics 365 Business Central, NetSuite, Sage Intacct, and SAP Business One, among others.
Who owns Rillion?
Rillion has been backed by private equity firm Altor since 2021, having previously been backed by Monterro.
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