All Updates

All Updates

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Partnerships
Symbeo partners with Amazon to extend OCR solution RapidInvoice for AP automation
Business Expense Management
Jul 9, 2024
Older updates:
Product updates
Medius launches Medius Copilot and Medius Supplier Conversations for AP automation
Business Expense Management
Jun 27, 2024
Product updates
Brex introduces digital banking products for startups
Business Expense Management
Jun 19, 2024
Product updates
ExpandAP launches accounts payable automation app built natively on Salesforce platform
Business Expense Management
Jun 18, 2024
Funding
CleverCards secures EUR 8 million in funding to curb corporate expense abuse
Business Expense Management
Jun 17, 2024
Partnerships
AppZen partners with Lyndon Group to enhance expense audit procedures with AI
Business Expense Management
Jun 11, 2024
Product updates
Airbase adds spend analytics and vendor management to business expense management solution
Business Expense Management
Jun 11, 2024
Product updates
TCB Pay launches corporate card program to simplify business expense management
Business Expense Management
Jun 7, 2024
Funding
Torpago secures USD 10 million to enable banks to launch corporate card programs
Business Expense Management
Jun 6, 2024
Partnerships
Veem partners with Crown Agents Bank to enhance global payment capabilities for businesses
Business Expense Management
Jun 4, 2024
Business Expense Management

Business Expense Management

Jul 9, 2024

Symbeo partners with Amazon to extend OCR solution RapidInvoice for AP automation

Partnerships

  • Symbeo has partnered with Amazon Business App Center to bring RapidInvoice, its accounts payable automation technology, to Amazon's B2B marketplace.

  • This collaboration aims to expand RapidInvoice, an AI-enabled optical character recognition (OCR) solution. This tool provides tools for document tracking, separation, and classification to mid-market and small and medium-sized businesses.

  • Integrating into Amazon Business App Center allows users to leverage wholesale pricing and integrated payment reconciliation to financial systems. Automating these processes is anticipated to increase operational efficiency and reduce the risk of errors.

  • Symbeo specializes in providing accounts payable (AP) automation solutions. It focuses on transforming manual, paper-based AP processes into streamlined, automated workflows. This transformation helps organizations improve efficiency, reduce costs, and enhance overall financial operations. Symbeo's services include invoice processing, which involves capturing, validating, and approval of invoices. 

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