Efficient Global Invoice Payment Automation Made Easy

Elevate your Payables function with radically improved insights, controls, and automation for your entire enterprise.

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Reduce Invoice Processing Costs by

70%

Achieve Touchless Invoice Approval Rates up to

90%

Gain Cycle Time Improvement by

85%

Drive More Efficiency and Productivity with AP Automation

AI-enabled invoice processing productivity acceleration to enterprise scale

Adapt unstructured invoices into digital standardized formats

Drive policy compliance to directly reduce fraud and risk exposure

Free your AP Resources from redundant and low-value tasks

Straight through approval process for all compliant invoices

Save money through Early Payment Discounts

Reconcile line item allocations across multiple cost centers

Eliminate fraudulent and duplicate payments

Eliminate payments to unapproved or former suppliers

Monitor on-going third-party risk factors

Seamlessly share GL and transaction data with financial systems

Modern JSON Webhooks and REST-API connections

OK-to-Pay notification to ERP or ACH payments directly from Raindrop

Real-time intelligence into all aspects of AP process and productivity

Suppliers enjoy real-time status of payment timing

360 degree views into Spend, Contracts, Supplier Performance and Budgets

Easily Configured Approval Workflows for PO, Goods Receipts, Invoices

Manage PO, non-PO and Recurring Spend Categories

Complete Control to Modify and Update Process Flows in Minutes

Slide 1
Patrick Reymann
IDC
Research Director, Procurement and Enterprise Applications
“Raindrop’s leadership team of experienced procurement professionals have built a truly disruptive enterprise spend management solution with the end user in mind. Raindrop’s impressive speed to value attainment, ease of use, and intuitive and clean user interface are true differentiators that deserve strong consideration.”
Slide 2
Nikhil Gaur
Spend Matters
Director, Strategic Projects & Research Analyst
"Raindrop is an easy-to-use S2P provider that emphasizes collaboration and visibility. It fills a needed role as a US-based mid-market and enterprise suite, and in the past year the provider has made several additions to the modules to make them more robust."

Let's get more productive

Learn how you can benefit from real-time Actionable Intelligence with Raindrop Payables.

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