For industry: Construction Companies, context: Subcontractor invoices, materials, equipment rentals

Effortless Invoice Processing for Construction Firms

InvoiceRunner automates the often tedious and error-prone process of handling invoices from subcontractors and equipment rentals, enabling construction companies to streamline their accounts payable and focus on what they do best.

10+
Hours saved per week
99.2%
Extraction accuracy
5 min
Setup time
80%
Cost reduction
1M+
Invoices processed
Seconds
Per invoice processing

The Challenge of Invoice Processing in Construction

Construction companies face unique challenges when it comes to invoice processing. From managing payments for multiple subcontractors to tracking materials and equipment rentals, the volume of invoices can be overwhelming. Manual data entry and processing not only consume valuable time but also introduce the risk of human error. As projects progress and budgets tighten, ensuring timely and accurate payments is crucial to maintaining supplier relationships and operational efficiency. Many companies find themselves struggling to keep up, handling paper invoices, spreadsheets, and outdated accounting systems that complicate rather than simplify their workflow.

InvoiceRunner is specifically designed to tackle these challenges head-on. By automatically monitoring your email for invoices, extracting data from any format using advanced AI technologies, and syncing with your existing accounting software like Xero or QuickBooks, InvoiceRunner streamlines the entire invoicing process. No more juggling multiple spreadsheets or worrying about misplaced invoices. Our platform takes over the repetitive tasks of data entry and validation, allowing your team members to focus on critical project tasks.

Once you implement InvoiceRunner, you’ll experience a transformational change in your accounts payable workflow. Your team will save time and reduce errors while gaining the ability to track vendor information and payment terms efficiently. The automation not only speeds up payment processing but also enhances overall financial oversight, enabling timely project completion and improved cash flow management for your construction business.

The Invoice Processing Struggle

Common challenges faced every day

  • High volume of subcontractor invoices leading to processing delays.
  • Risk of data entry errors due to manual handling.
  • Difficulty tracking the status of payments for various materials and rentals.
  • Inefficiencies caused by outdated accounting systems that don’t sync seamlessly.
  • Potential penalties from late payments due to oversight.
  • Lack of visibility into vendor terms and agreements, which can affect project budgeting.

How InvoiceRunner Transforms Your Workflow

Purpose-built invoice automation

  • AI-powered data extraction allows you to easily process invoices without worrying about templates.
  • Seamless inbox monitoring ensures no invoice slips through the cracks.
  • Automatic syncing with popular accounting platforms like Xero and QuickBooks simplifies your workflow.
  • Math validation features verify calculations to eliminate costly errors before approval.
  • Duplicate invoice detection protects your business against overpayments.
  • Vendor information tracking keeps all your data organized and easily accessible.

Why Choose InvoiceRunner

Tangible benefits that impact your bottom line

Save 10+ Hours Weekly

Many construction companies report saving over 10 hours a week by automating invoice processing, allowing teams to focus on project management instead.

99.2% Extraction Accuracy

Our advanced AI technology achieves an impressive 99.2% accuracy in data extraction, minimizing errors.

Prevent Duplicate Payments

Our system identifies duplicate invoices, helping you avoid unnecessary costs and financial loss.

Seamless Accounting Sync

Real-time sync with your existing accounting software means you can manage everything from a single platform.

5-Minute Setup

Get started quickly with a simple setup process that allows your team to leverage automation immediately.

Scale Without Adding Staff

Handle increasing invoice volumes effortlessly without the need to expand your finance team.

Powerful Features

Everything you need to automate invoice processing

Email Inbox Monitoring

Monitor Gmail or Outlook 24/7 for incoming invoice emails, eliminating the risk of misplaced documents.

Never miss an invoice

AI Data Extraction

Extract essential details from any invoice format such as vendor names, dates, and amounts with zero manual effort.

No templates required

Math Validation

Verify all calculations and ensure accuracy before you sync with your accounting tools.

Catch errors automatically

Accounting Software Sync

Easily sync actions with accounting software like Xero, QuickBooks Online, and more.

One-click sync

Duplicate Detection

Our system double-checks for duplicate invoices to help prevent costly financial mistakes.

Prevent costly errors

Vendor Matching

Automatically match invoices to existing vendor records, maintaining clean and organized data.

Keep vendor data clean

How Businesses Use InvoiceRunner

Real scenarios from users like you

Subcontractor Payment Processing

Easily manage multiple subcontractor invoices that vary in format and frequency, ensuring timely payments.

Example: One construction firm cut their payment processing time in half, allowing them to maintain positive contractor relationships.

Equipment Rental Invoicing

Stay on top of invoicing for rented equipment, gaining the ability to track usage and costs effortlessly.

Example: A general contractor saw increased visibility into rental charges, drastically reducing overpayments for unused equipment.

Materials Invoice Management

Simplify management of incoming materials invoices to ensure accurate account entries and timely payments.

Example: A small construction company improved their cash flow by better monitoring materials costs and discrepancies.

Budget Tracking Enhancement

Use InvoiceRunner for real-time insights into your invoicing, enabling budget adjustments on the fly.

Example: A roofing contractor was able to adjust project budgets based on real-time invoice tracking, leading to more profitable outcomes.

Get Started in 5 Minutes

InvoiceRunner is designed to work with your existing tools

1

Connect Your Email

Link your Gmail or Outlook account securely to allow automatic invoice monitoring.

2

Connect Your Accounting Software

Seamlessly connect InvoiceRunner to your preferred accounting software.

3

Invoices Are Processed Automatically

Enjoy the ease of automatic extraction and processing of invoices, regardless of format.

4

Review and Approve

Draft bills appear for your swift review before final approval, saving you time and reducing errors.

Works With Your Existing Tools

Seamless integration with popular platforms

Gmail
Outlook
Xero
QuickBooks Online
Zoho Books
FreshBooks
Sage Business Cloud

What Our Users Say

InvoiceRunner has changed our approach to invoicing! We've reduced our processing time tremendously and can now focus on project work instead of paperwork.
ER
Emily R.
Finance Manager, Midwest Construction Co.
With InvoiceRunner, I no longer worry about late payments or mismanaged invoices. It's a game-changer for our small business!
JT
Jack T.
Owner, Urban Builders

Frequently Asked Questions

How long does it take to set up?

Most users are up and running in under 5 minutes with our simple setup process.

What invoice formats are supported?

We support PDF, images (JPG, PNG), and scanned documents for versatility.

Is my data secure?

Absolutely. We use bank-grade encryption and ensure your data is never sold or shared.

What if the AI makes a mistake?

Don't worry! All extracted invoices are created as drafts for your review, giving you complete control.

Which accounting software do you support?

We seamlessly integrate with Xero, QuickBooks, Zoho Books, FreshBooks, and Sage.

Can I try before I buy?

Yes! Enjoy 10 free extractions with no credit card required to get a hands-on experience.

Ready to Automate Your Invoices?

Join businesses saving hours every week with InvoiceRunner.

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Stop Wasting Time on Invoice Data Entry

InvoiceRunner automates the tedious parts of accounts payable.

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