Technology: accounts payable automation
Every supplier invoice, in the ERP without typing it
Xtract reads every supplier invoice, assigns the accounting, routes the approval and posts it in your client's ERP, with the same result every time.
From invoice to payment
Receive → Read → Approve → Post → Pay
Same invoice, same result: no prompts, no guessing, and every step traceable from the moment the invoice arrives until the supplier is paid.
The problem your clients already have
Supplier invoices arrive by email, PDF or paper, and someone types each one into the accounting system.
Approvals depend on chains of emails, and paying a supplier means checking twice that it hasn't been paid already.
Generic AI tools need prompts and someone checking every result, and they can get amounts, withholdings or tax rates wrong.
How it works
- Receives every invoice, in any format and from any country: PDF, scan, photo, email or e-invoice.
- Reads it with Xtract's own deterministic technology: the same invoice always gives the same result.
- Assigns the accounting automatically: account, cost center and product code.
- Routes it for approval online, with or without a purchase order, and matches it against the order and the goods receipt when there is one.
- Posts it in the ERP and generates the payment order, without duplicates.
What your clients get
No more typing invoices; fewer errors and no duplicate payments; every invoice traceable from receipt to payment. The team reviews exceptions and spends its time on analysis.
What you get as a partner
An accounts payable solution for the finance teams of the clients you already serve, on the ERP they already have, with our implementation support: one more service you deliver, where you are the hero.
Works with your ERP
No need to change systems
Xtract connects natively with more than 50 ERPs, so it works on the system your client already runs.
SAP S/4HANA, Business One and ByDesign · Oracle Fusion and JD Edwards · NetSuite · Microsoft Dynamics 365, Business Central and Finance and Operations · Odoo · Sage · Epicor · Totvs · Siigo · Softland · QuickBooks · Xero · Zoho, and many local ERPs across Latin America.
Why the same result every time matters
Traceable
Every reading follows rules that can be followed and audited.
Consistent
The same invoice always gives the same result: no invented amounts.
Private
Invoices are not sent to third-party AI services to be read.
Predictable
A fixed cost by volume, with no prompts to write and no per-token charges.
Xtract in the real world
Companies using Xtract
More than 300 companies in over 20 countries, including Costa Rica, Guatemala and Panama, use Xtract. According to Xtract, it reads, validates and posts invoices with 98% effectiveness and cuts the time spent entering them by up to 90%. A few of the cases Xtract has published:
Restaurants: Latin America
Arcos Dorados
The McDonald's franchise operator in Latin America automated its accounts payable across the region, on Oracle.
Fintech: Latin America
Pomelo
Transformed how it manages accounts payable, on SAP.
Software: 60 countries
InvGate
A software company operating in 60 countries automated its accounts payable, on NetSuite.
Pairs well with
The finance back office, end to end
Do your clients still type their supplier invoices?
Let's talk. A 45-minute conversation to see if Xtract fits the clients who already trust you.