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    Vic.ai

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    Sold by: Vic.ai 
    Vic.ai adds a sophisticated artificial intelligence engine, analytics dashboard and autonomous approval flow to layer across your financial back-office operations. This is the world's first pure AI accountant which autonomously completes 95% of accounts payable tasks like manual data coding.

    Overview

    Vic.ai delivers autonomy and intelligence to finance and accounting teams. Artificial Intelligence and machine learning will help companies scale back on low-value activities like invoice processing, driving higher-value functions like spend intelligence and cost optimization. Unlike legacy platforms, accountants correct or accept the AI's predictions, thereby improving the system across all clients.

    Autonomous invoice processing is the next generation of technology, replacing OCR and rules based, robotic process automation (RPA) methodology. The advantages of introducing an artificial intelligence strategy to your cost accounting process include generating more time for value added advisory and consultative work.

    Complex approval cycles, lost invoices, manual invoice routing, and manual line level coding are costly problems that lead to late payments and missed discounts. Software that runs on AI doesn't operate like the software we've become accustomed to the past 30 years. Vic.ai learns as it goes, eventually reaching autopilot, saving a total of 5M+ hours across our client base.

    The global pandemic accelerated ten years of digital transformation to mere months, leaving finance professionals to navigate these unprecedented challenges. Improve your accounts payable team with a cloud native ai platform that understands the work of an accountant and is agnostic to an ERP system.

    For custom orders through private offers please contact us directly at sales@vic.ai 

    Highlights

    • Spearhead your company's digital transformation and get your accounts payable team from an average invoice processing time of 10 minutes to 1 minute or less via an intuitive user interface based on the spreadsheet layout accountants know best.

    Details

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    Features and programs

    Financing for AWS Marketplace purchases

    AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
    Financing for AWS Marketplace purchases

    Pricing

    Pricing is based on contract duration. You pay upfront or in installments according to your contract terms with the vendor. This entitles you to a specified quantity of use for the contract duration. Usage-based pricing is in effect for any usage exceeds the entitle amount or not covered in the contract. These charges will be applied on top of the contract price. If you choose not to renew or replace your contract before it ends, access to your entitlements will expire.

    12-month contract (1)

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    Dimension
    Description
    Cost/12 months
    Vic.ai AP Module
    AI platform for invoice processing and approvals
    $25,000.00

    Additional usage costs (1)

     Info

    The following dimensions are not included in the contract terms, which will be charged based on your usage.

    Dimension
    Cost/unit
    Per invoice usage fee exceeding the contracted annual commitment.
    $2.00

    Vendor refund policy

    Please contact Vic.ai support team for cancellation policy information.

    Legal

    Vendor terms and conditions

    Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA) .

    Content disclaimer

    Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.

    Usage information

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    Delivery details

    Software as a Service (SaaS)

    SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.

    Resources

    Vendor resources

    Support

    Vendor support

    Vic.ai offers support on daily basis primarily through in-app chat on the platform. You can also reach the Vic.ai support team via email at support@vic.ai . support@vic.ai 

    AWS infrastructure support

    AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.

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    Customer reviews

    Ratings and reviews

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    24 external reviews
    External reviews are sourced from G2  and are not included in the star rating for this product.
    pankaj b.

    Automated Invoice recording, Very good controlling and analysis. and sync also

    Reviewed on Sep 19, 2023
    Review provided by G2
    What do you like best about the product?
    Invoices automation, Ai saves time ,reduce risk and better control on cash
    What do you dislike about the product?
    some time falsly show duplicate invoices.
    What problems is the product solving and how is that benefiting you?
    Save time and better control over cash and better sync with ERP . No duplicacy , Powerfull Al tool .
    Lavanya S.

    Vic.ai is very user friendly and is much easier to approve/disapprove any documents

    Reviewed on Feb 22, 2023
    Review provided by G2
    What do you like best about the product?
    Automation and artificial intelligence..
    Accounting and finance operations.
    What do you dislike about the product?
    Some times the mail goes to spam and finding them is hard.
    What problems is the product solving and how is that benefiting you?
    It ingests all accounting transactions and documents,
    Uses AI to predict accounting decisions,
    Interacts directly with the accounting system
    Brandon V.

    Ease and accuracy!

    Reviewed on Feb 15, 2023
    Review provided by G2
    What do you like best about the product?
    Detailed receipt review, ease of use. I like being able to review actual receipt.
    What do you dislike about the product?
    Nothing at this time. Everything works great.
    What problems is the product solving and how is that benefiting you?
    Saving paper receipts for monthly expense reporting.
    Yuby H.

    Works really well if set up properly!

    Reviewed on Feb 14, 2023
    Review provided by G2
    What do you like best about the product?
    Vic AI helps our team streamline the payment process for invoices and other payment requests. It helps us organize our team and operations to track spending!
    What do you dislike about the product?
    I wish it were easier to pull reports related to what each employee has uploaded for payment.
    What problems is the product solving and how is that benefiting you?
    It helps us process payments in an organized manner.
    Ashlee S.

    I absolutely love the amount of time I save with this seamless system!

    Reviewed on Feb 14, 2023
    Review provided by G2
    What do you like best about the product?
    It is simple!! Very user friendly and great customer service when needed!
    What do you dislike about the product?
    Sometimes I forget to check for approvals, and miss the notification. I wish it would automatically send out reminder notifications
    What problems is the product solving and how is that benefiting you?
    Time management! I save so much more time since I have started using Vic
    View all reviews