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Symbeo partners with Amazon Business to extend the reach of its RapidInvoice AP automation solution



GlobeNewswire

Symbeo launches RapidInvoice on Amazon Business’s Market App Center for B2B ecommerce with a solution that enhances AP functions and supports financial operations to reduce costs and improve productivity

Symbeo, Inc., a CorVel Company, has partnered with Amazon Business App Center to deliver its RapidInvoice, an AI-enabled optical character recognition (OCR) product. The partnership is a significant stride into the mid-market and SMB market, as more companies are drawn to e-commerce platforms such as Amazon’s B2B marketplace. This move allows customers to leverage wholesale pricing for goods and services, with the added advantage of integrated payment reconciliation to financial systems, promising a future of enhanced efficiency and cost-effectiveness.

Symbeo RapidInvoice is an accounts payable (AP) automation solution for Amazon Business customers that provides receiving, tracking, document separation and classification, and AI-enabled OCR for improved financial reporting and reconciliation. Customers will realize easy setup within five business days, eliminate waste, improve visibility for purchasing power, and proactively manage cash flow for current and future financial needs.

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“At Symbeo, we will continue to transform the future of payables. This partnership will empower our joint customers with cutting-edge AP automation technology with the convenience of Amazon Business. This collaboration with Amazon Business reflects our commitment to delivering successful AP automation with innovative technology and strategic partnerships. By simplifying procurement processes and offering convenience of one-stop shopping, this partnership enables businesses of all sizes to drive efficiencies and maximize ROI.”– Tomika Russell, Symbeo President

For nearly three decades, customers have trusted in Symbeo to deliver successful AP automation. Our track-record of using cutting-edge technology, streamlined processes, and customer engagement has helped fuel sustainable growth and unlock purpose beyond payables. This trust is the foundation of our partnership with Amazon Business and the driving force behind the launch of RapidInvoice on their platform.

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