Accounting Seed Launches AI Invoice Capture to Eliminate Manual AP Work and Boost Finance Team Efficiency

28 April 2025 | Monday | News

New AI-Powered Feature Learns from Historical Data to Predict and Automate Invoice Coding, Saving Over 500 Hours Annually

 Accounting Seed, the #1 accounting solution built on Salesforce,  announced the release of AI Invoice Capture, a new feature within its AP Automation offering that uses the latest AI and predictive technology to streamline invoice processing and reduce manual AP work.

AI Invoice Capture goes beyond basic OCR by learning from previously processed invoices. It intelligently predicts how to populate key fields—such as GL expense account, product and project—based on historical behavior, ensuring consistency and reducing time spent on data entry.

 

"AI Invoice Capture represents a major leap forward in making finance teams more efficient," said Ryan Sieve, Chief Technology Officer at Accounting Seed. "Unlike traditional OCR tools that simply extract text, our feature applies AI to understand patterns and predict coding behaviors. It's not just reading the invoice—it's thinking through how to record it accurately."

 

On average, finance teams spend over 500 hours annually on manual AP tasks. AI Invoice Capture improves efficiency by:

  • Automating invoice intake and coding
  • Reducing labor costs and manual errors
  • Accelerating processing for improved cash flow

The feature combines capturing fields (like amount and date) with predicting fields (based on learned user behavior), creating a smarter and more efficient AP workflow.

"AI Invoice Capture continues to learn from your business over time, automating more of the invoice process with each use," said Mary Balmer, VP of Product at Accounting Seed. "By reducing repetitive data entry, it frees accountants to spend less time validating information and more time analyzing what matters."

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