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Traild

Business Need
Accounts Payable Automation

Company Description
TRAILD helps automate Accounts Payable with OCR data extraction, smart matching to POs and PO receipts with always on AI protection against invoice fraud and error.

About Us

TRAILD is a SYSPRO integrated solution for accounts payable focused on twin issues, efficiency and financial control. TRAILD has been designed to extend SYSPRO customers’ capabilities in streamlining and automating the AP process, with smart matching to POs and PO receipts (GRNs) for enhanced operational efficiency. The solution’s simple and intuitive approval workflow makes it easy for users to manage invoices by exception and focus on the high-risk items that require the most attention.

TRAILD is processing and protecting millions of dollars of payments each day and has hundreds of thousands of verified suppliers across our global network of clients.

Why integrate TRAILD with SYSPRO?

TRAILD helps you automate processes, slash admin costs and make smarter decisions, offering a:

  • Single platform for all of your AP automation and security needs.
  • Low-cost AP automation with proven ROI benefits.
  • Always on artificial intelligence (AI) to help protect the business against invoice fraud, error and mistakes.
  • Live and local support across Australia, New Zealand, Asia, South Africa, USA and Canada.

Solutions and Benefits

  • Automated invoice processing with memory-based machine learning to maximise productivity and control input accuracy. The automation can support finance teams save in excess of 15+ hours per week in manual data entry.
  • Automated 3-way matching to POs and PO receipts for validation, enabling you to focus on the problematic invoices that need further review and having everything else systematically approved for increased efficiency.
  • Smooth Approval Workflows giving you a simple and intuitive interface to share invoices throughout your organisation, making the approval process faster and more efficient to save you time and effort.
  • Payment Protection with always on AI security monitoring to your invoice review and approval process to flag any anomalies or unusual activity, giving you and your business important protection against fraudulent invoices and payment mistakes.