Vic.ai
by Vic.ai · AP Automation
Autonomous AI invoice processing and accounts payable for finance teams.
- Works with
- NetSuite, Sage Intacct, Microsoft Dynamics 365, SAP
- Deployment
- Cloud
- Company size
- Mid-market, Enterprise
- Pricing
- Quote-based
- Founded
- 2017
- Headquarters
- New York, New York, USA
Overview
Vic.ai is an AI-first accounts payable platform built around autonomous invoice processing. Its Autopilot capability is designed to handle data extraction, GL coding, and approvals without human review for a high share of invoices, with the system trained on more than a billion invoices to deliver high out-of-the-box accuracy that improves over time. The company markets metrics such as high no-touch invoice rates achievable within months of deployment.
The platform extends beyond capture into a broader AP suite, including vendor inbox management (VicInbox), B2B payments (VicPay), and AP analytics (VicAnalytics). It targets mid-market and enterprise finance teams looking to move from rules-based RPA toward genuinely autonomous AP, integrating with major ERPs as the system of record.
Vic.ai is headquartered in New York and is venture-backed, having raised in excess of $100 million across multiple rounds from investors including ICONIQ Growth, GGV Capital, Cowboy Ventures, and Costanoa Ventures.
Screenshots & demo
Demo video from the vendor's YouTube channel. Screenshots sourced from Vic.ai.
Features & capabilities
Autonomous Invoice Processing
AI that processes invoices without human review.
- Autopilot autonomous processing
- AI data extraction trained on 1B+ invoices
- Automated GL coding
- High out-of-the-box accuracy improving over time
- No-touch invoice handling
Approvals & Matching
Automated approval and transaction matching.
- AI-driven approval automation
- Transaction matching
- PO matching
- Exception routing
- Continuous learning from corrections
Vendor Inbox (VicInbox)
Centralized vendor email management.
- Vendor inbox management
- Automated triage of vendor emails
- Invoice intake from email
Payments (VicPay)
B2B payment execution.
- B2B vendor payments
- Payment scheduling
- Payment reconciliation
Analytics (VicAnalytics)
Real-time AP process insight.
- Real-time AP analytics
- Process and cycle-time insights
- Autonomy and no-touch rate metrics
- Spend visibility
Integration
ERP connectivity as system of record.
- Connectors for NetSuite, Sage Intacct, Dynamics, SAP
- API integration
- Multi-entity support
Common use cases
- Finance teams pursuing genuinely autonomous, no-touch invoice processing
- Organizations moving beyond rules-based RPA to AI-driven AP
- Companies processing high invoice volumes seeking high accuracy out of the box
- Mid-market and enterprise teams integrating AP with NetSuite or SAP
- Businesses consolidating vendor inbox, payments, and analytics with capture
- Teams wanting analytics on AP autonomy and process performance
Strengths & considerations
Strengths
- AI-first Autopilot designed for autonomous, no-touch invoice processing
- Models trained on more than a billion invoices for high out-of-the-box accuracy
- Suite extending into vendor inbox, payments, and AP analytics
Considerations
- Newer, venture-stage vendor relative to long-established AP providers
- Pricing is quote-based and not publicly listed
ERP integrations
Pricing
Pricing based on invoice volume and modules; quote-driven. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- SaaS (multi-tenant)
- Data residency
- US
- Compliance
- SOC 2
- Mobile app
- No
- Languages
- English
About the vendor
- Founded
- 2017
- Headquarters
- New York, New York, USA
- Employees
- ~150-250
- Ownership
- Private (venture-backed)
Alternatives to Vic.ai in AP Automation
Vic.ai — frequently asked questions
What does 'autonomous' mean for Vic.ai?
Its Autopilot is designed to process a high share of invoices end to end, including data extraction, coding, and approvals, without requiring human review.
How accurate is Vic.ai?
The company states high out-of-the-box accuracy from models trained on more than a billion invoices, with accuracy improving over time as the system learns.
What else does the platform include?
Beyond capture, it offers VicInbox for vendor email management, VicPay for B2B payments, and VicAnalytics for real-time AP insights.
Which ERPs does Vic.ai integrate with?
It connects to systems including NetSuite, Sage Intacct, Microsoft Dynamics, and SAP as the system of record.
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