SnapAP
4.3
10
SnapAP is a cloud-based application that provides AP teams with a complete Procure-To-Pay digitized workflow, from requisition to strategic payment management. It offers a supplier portal, requisitions capability, purchase orders, automated accruals, delivery receipts, invoice processing, payments manager, employee expenses, full audit controls, ERP integration, and artificial intelligence OCR data extraction. SnapAP is immediately available in a mobile environment and adds value for any organization processing upwards of 1000 invoices monthly or managing active relationships with 100 or more external vendors. Users experience measurable results around accuracy, speed, and cost savings. SnapAP is accessible with the latest internet browsers, Android and iOS mobile devices.
Strengths
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Automation
Automates accounts payable processes
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Efficiency
Reduces manual data entry and processing time
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Visibility
Provides real-time visibility into AP processes and spending
Weaknesses
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Integration
May not integrate with all existing accounting software
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Cost
May be expensive for small businesses
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Training
May require training for employees to use effectively
Opportunities
- Growing demand for AP automation solutions
- Opportunity to expand into new markets or industries
- Opportunity to form partnerships with other software providers
Threats
- Competitors offering similar AP automation solutions
- Changes in regulations or compliance requirements
- Potential decrease in demand during economic downturns
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SnapAP Plan
SnapAP offers a tiered pricing model based on the number of users, with additional features available in higher versions.