Vic.ai

Vic.ai builds an artificial-intelligence platform for accounts payable and bill pay, applying machine learning and intelligent document processing to automate accounting and finance workflows. Its Autonomous Finance Platform spans invoice processing, purchase-order matching, approvals and analytics, and is designed to remove manual entry from finance teams' work. The company positions its software as a route to "autonomous finance", with the stated aim of changing how accounting teams operate and allowing them to work at the pace of modern business.

The products include the Vic.ai Autonomous Finance Platform, a Bill Pay module, and AI-driven invoice processing that delivers touchless AP handling at up to 99% accuracy. The company reports that customers process invoices five times faster with the software on board.

Vic.ai states that it has processed more than 500 million invoices for over 10,000 customers, delivering nearly $188 million in savings and reclaiming more than 6 million hours of work. It is backed to Series C stage. The company describes itself as AI-first in its approach to product, with an emphasis on measurable return on investment for customers.

Work at Vic.ai sits across the technical domains of artificial intelligence, machine learning, autonomous finance, intelligent document processing, accounting automation and analytics, applied to the accounting, finance, accounts payable and financial services sectors. Further detail is available at https://vic.ai/.