Vendor Master Data is a centralized database that stores key information about your vendors, streamlining the invoice process, enhancing accuracy, and improving efficiency.
In today's fast-paced business environment, managing vendor relationships effectively is a pressing challenge for many organizations. Without a centralized vendor database, businesses often struggle with data inaccuracies, leading to duplicate payments, unmatched invoices, and wasted time on manual entry. Over 60% of organizations cite inefficient vendor management processes as a primary bottleneck in their accounts payable workflow, which can lead to delayed payments and strained vendor relationships.
InvoiceRunner tackles these challenges head-on by providing a robust Vendor Master Data solution. Our platform automates the monitoring of email inboxes for incoming invoices, efficiently extracting key data regardless of format. By consolidating all vendor information into one central database, InvoiceRunner ensures that the data is accurate, up-to-date, and easily accessible, allowing businesses to streamline their invoice processing workflows.
With InvoiceRunner, users experience a remarkable transformation in their vendor management process. The once arduous task of inputting vendor and invoice data manually turns into a seamless experience, saving time and reducing errors significantly. Companies see an average of 10+ hours saved each week, empowering finance teams to focus on more strategic tasks.
Common challenges faced every day
Purpose-built invoice automation
Tangible benefits that impact your bottom line
InvoiceRunner eliminates manual data entry, freeing up time for your finance team to focus on more value-added activities.
Our AI solutions deliver high accuracy rates in data capture, ensuring that invoices are processed correctly.
Our duplicate detection feature helps identify and prevent duplicate entries, protecting your budget and finances.
Effortlessly sync vendor and payment data with leading accounting platforms, ensuring your records are always up-to-date.
Get started quickly with our intuitive setup process that links your email and accounting software with ease.
Increase your invoice processing capabilities without the need for additional hiring, thanks to automation.
Everything you need to automate invoice processing
Monitor Gmail or Outlook 24/7 for invoice emails.
Never miss an invoice.
Extract vendor, dates, amounts from any format.
No templates required.
Verify calculations before syncing.
Catch errors automatically.
Sync to Xero, QuickBooks, etc.
One-click sync.
Check for duplicate invoices.
Prevent costly errors.
Match to existing vendors.
Keep vendor data clean.
Real scenarios from users like you
As a small business scales, managing vendor relationships becomes essential. InvoiceRunner centralizes vendor data for easy access and efficient processing.
Example: A marketing agency increased its vendor base from 10 to over 50 using InvoiceRunner.
A busy accounting firm faced challenges with the high volume of invoices. They use InvoiceRunner to automate invoice data capture, saving time and reducing errors.
Example: The firm saved over 12 hours a week.
A finance team at a mid-sized company was losing thousands due to duplicate payments. With InvoiceRunner, they now identify duplicates before approval.
Example: In three months, they prevented $15,000 in duplicate payments.
A retail company finds it hard to track vendor performance. InvoiceRunner provides insights into payment terms and vendor reliability.
Example: They improved their vendor relationship management significantly.
InvoiceRunner is designed to work with your existing tools
Link your Gmail or Outlook account securely.
Connect to your accounting software with one click.
InvoiceRunner extracts data automatically.
Draft bills appear for your review.
Seamless integration with popular platforms
“InvoiceRunner has revolutionized our invoice processing. We no longer spend hours on data entry. The system is accurate, and our vendor relationships have improved.”
“Using InvoiceRunner has significantly reduced errors. We are now processing invoices with remarkable accuracy and speed, all thanks to their fantastic platform.”
Most users are up and running in under 5 minutes.
PDF, images (JPG, PNG), and scanned documents.
We use bank-grade encryption and never sell your data.
All invoices are created as drafts for your review.
Xero, QuickBooks, Zoho Books, FreshBooks, and Sage.
Yes! 10 free extractions, no credit card required.
Join businesses saving hours every week with InvoiceRunner.
Start Free TrialInvoiceRunner automates the tedious parts of accounts payable.