What Is Accounts Payable (AP) Automation and How Can Viridem Improve Your Payable Process?

If you’ve ever felt like your accounts payable (AP) process is slowing down your business, you’re not alone. That’s why so many companies are turning to AP automation, powered by AI and modern workflow technology, to digitize and streamline the often complex steps of paying invoices. Whether you’re a small business or a fast-growing enterprise, accounts payable is a critical part of your company’s financial operations and it only gets more complex as your business grows.

If your team is used to juggling piles of invoices, hunting approvals, manually matching documents, and moving money between accounts, you know how tedious the traditional AP process can be. Viridem transforms this process with AI-helped automation so your team can focus on strategic work, reduce errors, and speed up payments.

Why AP Automation with Viridem is the Right Choice for Your Business ?

Viridem has been revolutionizing accounts payable and workflow automation since 2013. As the owner of its proprietary technology, Viridem combines AI intelligence with its already proven system, creating a hybrid AP automation platform that is adaptable to every sector. With pre-configured workflows designed for different industries, Viridem ensures fast implementation and immediate efficiency improvements.

Viridem automates repetitive tasks, reduces paper dependency, and ensures that approvals and payments flow seamlessly. Businesses can now free up to 80% of time spent on low-value administrative tasks while improving accuracy, compliance, and cash flow visibility.

What is the Accounts Payable Process?

At its core, the accounts payable process is the series of tasks a business must complete to pay a vendor or supplier. Depending on the size and structure of your company, it can range from simple to highly complex. A typical workflow may include:

1. Receive vendor invoice
2. Confirm invoice accuracy
3. Enter invoice into accounting software
4. Obtain payment approval
5. Schedule payment
6. Pay invoice
7. Reconcile accounting records

Manual AP processes are prone to errors, delays, and inefficiencies—especially when approvals involve multiple layers and cross-department coordination.

The Downsides of Manual Accounts Payable

Even the most skilled accounting professionals can struggle with a traditional AP process. Common pitfalls include:

• Slow and inefficient: Manual approvals and paperwork consume time that could be spent on strategic initiatives.
• Prone to mistakes: Human error in data entry or lost invoices creates costly delays.
• High costs: Employee hours, paper, printing, mailing, and late fees all add up.
• Limited payment flexibility: Manual AP can restrict your ability to use credit cards, multiple accounts, or international payment options.
• Difficult to track: Without automation, monitoring cash flow, auditing, and reconciling payments is time-consuming and error-prone.

Benefits of Accounts Payable Automation with Viridem

Viridem brings AI-driven AP automation to the forefront, delivering measurable benefits:

Fast : Pay vendors quickly and reduce bottlenecks. Automating repetitive tasks saves time for higher-value activities.

Digital : Eliminate paper trails, manual calculations, and lost invoices. Store all documents digitally for easier auditing and real-time visibility.

Centralized : Keep all approvals, workflows, and payments in one platform. Monitor every invoice and payment in real-time across multiple departments.

Synced : Integrate Viridem with your accounting and ERP systems for automatic reconciliation, accurate cash flow insights, and seamless reporting.

Flexible : Pay vendors using multiple accounts or credit cards, even if vendors don’t normally accept them. Avoid overdrafts, late fees, and unnecessary fund transfers.

Efficient : Faster, accurate payments reduce cleanups, late fees, and duplicate payments. Monitor cash flow, working capital, and short-term obligations more effectively.

How Viridem Uses AI to Enhance AP ?

Viridem’s hybrid platform uses AI to extract data, consolidate documents, and assist with document recognition. helping reduce manual errors, speed up invoice processing, and improve the accuracy of financial information.

This allows finance teams to focus on strategic decision-making instead of tedious manual processes.

Why Viridem’s Proven Technology Matters

Since 2013, Viridem has owned and developed its proprietary technology. Its AP automation system is designed to integrate AI with established, trusted workflows. With pre-configured templates for various industries, businesses can implement automation quickly, reduce errors, and improve efficiency without reinventing processes.

Integrating Viridem with Your Accounting Systems

Viridem syncs seamlessly with popular accounting software and ERPs to create an end-to-end AP solution. Automatically import vendors, pay hundreds of invoices at once, and reconcile payments with minimal manual effort. Real-time insights help optimize cash flow, manage working capital, and improve supplier relationships.

Unlock Flexibility and Efficiency in Your Payable Process

Viridem allows businesses to:

• Free up teams from repetitive admin tasks
• Get real-time snapshots of cash flow and obligations
• Avoid costly errors like duplicate or late payments
• Pay vendors globally without manual currency conversions
• Schedule payments strategically for better working capital management
• Maintain the highest security standards while digitizing AP processes
• Quick return on investment, click here to learn more.

Over time, these efficiencies lead to significant cost savings and improved financial control.

Conclusion

Viridem is more than an AP automation platform—it’s a complete AI-powered solution for modern businesses. By combining automation, AI, and industry-specific pre-configured workflows, Viridem enables teams to streamline accounts payable, enhance financial visibility, and focus on strategic growth.

Unlock the potential of your finance team and transform your payable processes with Viridem today.

Schedule a free discovery meeting to see how automation can improve your accounts payable efficiency and cash flow.