AP Automation for Software as a Services (SaaS)

Automate supplier payments and save SaaS costs for your business

ClearTech automates accounts payable for technology businesses and helps measure and
control application costs with deep insights into your SaaS invoices

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Visibility into spend​ across various projects with deep invoice insights

As a growing SaaS business, focus on growth and let your costs and payables be taken care of on autopilot

Automate time consuming tasks to focus on growth

Boost efficiency and eliminate the busy work with touchless invoice processing and global payables management

Guaranteed return with savings on your SaaS stack

Spend the right amount on every SaaS tool with insights to identify leakages and saving potential and SaaS buying support

Your integrated platform for all vendor payments

From card-on-file SaaS purchases to bill payments to vendors, manage all vendor spend in an integrated solution

Our Products

How Software and Technology companies can save $100K

Enable touchless invoice processing with smart OCR, technology, advanced approval workflows and payments across 120+ countries

Streamline your corporate card spend with an integrated solution that enables configurable controls and automatic ERP reconciliation

Identify opportunities to save money by optimizing spend and plugging leakages with smart, real-time insights

Enable touchless invoice processing with smart OCR, technology, advanced approval workflows and payments across 120+ countries

Streamline your corporate card spend with an integrated solution that enables configurable controls and automatic ERP reconciliation

Identify opportunities to save money by optimizing spend and plugging leakages with smart, real-time insights

Benefits of AP Automation Software for SaaS

One-click payment processing

ClearTech eliminates the need to print and mail checks or send instructions to your bank for ACH or Wire payments. Pay all your suppliers with their preferred payment mode with a single click from your existing bank account.

Greater visibility and control

With comprehensive reports and dashboards, ClearTech’s solution gives you insights into your spending and the KPIs of your AP team. Get insights into core drivers of your spending, and areas of overspending, and track cash flow and AP productivity.

Support for remote working

Our cloud-based accounts payable automation solution allows your team to work from anywhere, at any time. With single-click approval or rejection on emails, your business stakeholders can take action remotely.

Workflow automation

ClearTech’s AP Automation software automates invoice processing from receipt to approval. With customizable approval workflows and automated invoice routing to various stakeholders, ClearTech helps ensure invoices are processed as per your company’s internal policies and controls.

Scalable

ClearTech’s AP automation solution scales with your company’s growth, as you, add vendors, and process a larger invoice volume. With our solution, a greater workload doesn’t necessarily come with an increase in manual effort or the need to hire any additional accounting staff.

Cost savings

A SaaS company’s focus on profitability is supported by the cost savings delivered by implementing an AP automation solution like ClearTech. These savings are derived from reduced manual efforts, higher accuracy, and faster invoice processing.

ClearTech integrates with your Accounting System

Oracle Netsuiteintuit QuickbooksSage IntacctMicrosoft Dynamics 365

Interested in AI-powered
AP automation for your team?

Get in touch with us to get a demo to understand how
ClearTech can save your precious time and money

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FAQs

What is AP automation for SaaS?

Accounts payable (AP) automation helps early stage or late stage SaaS companies to automate processing of invoices in multiple languages, making supplier payments multiple currencies while streamlining approval workflows. It enables SaaS businesses to focus on core business growth, without worrying about inefficient and manual accounting processes.

What are the challenges of SaaS AP automation?

Adoption of AP automation is challenging due to the lack of adoption by the suppliers of processes required to streamline AP. In addition, use of on-premise or legacy accounting and procurement software makes integration challenging. And lastly, overcoming resistance amongst employees to the introduction of new technology is important for facilitating adoption of AP automation in SaaS.

How do I choose the right SaaS AP automation solution?

While selecting an AP automation solution for your SaaS company, one should consider the accuracy of invoice extraction provided by the solution, the feasibility of its integration with your existing accounting and procurement software, and the support for various payment methods. The choice of an AP solution should also take into consideration its abaility to scale as the business grows.

What are the steps for implementing SaaS AP automation?

To implement an AP automation solution for your SaaS company, review your existing AP processes, build a business case for purchasing a solution and obtain buy-ins from relevant internal stakeholders. Post this, identify your requirements from an AP solution and begin your evaluation of players in the market.