For industry: Consulting Firms, context: Subcontractors, travel expenses, client projects

Automate Invoice Processing for Consulting Firms

Effortlessly manage invoices from subcontractors and travel expenses. Save time, reduce errors, and streamline your client projects with InvoiceRunner.

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

The Challenges of Invoice Processing for Consulting Firms

Consulting firms often face unique challenges when it comes to invoice processing, particularly with subcontractors and travel expenses. Many firms find themselves drowning in paperwork, dealing with a multitude of invoice formats from various vendors, and spending countless hours on data entry and validation. This task often leads to frustration, errors, and delays in payment—jeopardizing relationships with both subcontractors and clients. With each day that passes, invoices pile up, causing inefficiency and a potential hit to the firm's reputation and cash flow.

InvoiceRunner addresses these challenges head-on. By utilizing AI-driven technology, InvoiceRunner automatically scans your email for invoices from subcontractors, extracts the necessary information—even from unstructured formats—and integrates directly with your existing accounting systems. This not only streamlines the entire invoice processing workflow but also frees up your valuable time, allowing you to focus on the core aspects of your consulting business.

As a result, consulting firms that implement InvoiceRunner experience a significant transformation. They report saving valuable time, reducing invoice processing errors, and maintaining better cash flow management. The AI's precision ensures that invoices are verified for accuracy and validity before they are processed, creating a smoother operational flow that can enhance relationships with both vendors and clients.

The Invoice Processing Struggle

Common challenges faced every day

  • Time-consuming manual data entry for numerous invoices.
  • High error rates leading to payment disputes with subcontractors.
  • Difficulty in tracking travel expenses across multiple projects.
  • Complexity in managing invoices from various vendors with diverse formats.
  • Risk of duplicate payments and financial losses.
  • Challenges in aligning invoices with client billing cycles.

How InvoiceRunner Transforms Your Workflow

Purpose-built invoice automation

  • Automatic monitoring of email inboxes for invoice attachments.
  • AI-powered data extraction from any invoice format, eliminating the need for templates.
  • Intelligent validation systems to check for math errors and duplicate invoices.
  • Draft bill creation for easy review before final approvals.
  • Seamless integration with major accounting software like Xero, QuickBooks, and more.
  • Vendor information tracking to automatically match invoices with existing records.

Why Choose InvoiceRunner

Tangible benefits that impact your bottom line

Save 10+ Hours Weekly

With InvoiceRunner, consulting firms typically save over 10 hours each week previously spent on manual invoice tasks.

99.2% Extraction Accuracy

Our advanced AI ensures near-perfect accuracy in invoice data extraction, minimizing manual corrections.

Prevent Duplicate Payments

Automatic duplicate detection safeguards your budget by preventing costly overpayments.

Seamless Accounting Sync

Real-time synchronization with your accounting software streamlines your financial management.

5-Minute Setup

Get started in just five minutes with a quick and straightforward setup process.

Scale Without Adding Staff

Manage an increasing volume of invoices effortlessly, avoiding the need for additional hires.

Powerful Features

Everything you need to automate invoice processing

Email Inbox Monitoring

Monitor Gmail or Outlook 24/7 for invoice emails.

Never miss an invoice when it lands in your inbox.

AI Data Extraction

Extract vendor, dates, and amounts from any format.

You don't need to create or manage templates.

Math Validation

Verify calculations before syncing to your accounting software.

Catch and rectify errors before they affect your finances.

Accounting Software Sync

Easily sync invoices to Xero, QuickBooks, and others.

Enjoy one-click synchronization for streamlined processes.

Duplicate Detection

Automatically check for duplicate invoices.

Protect your firm from costly errors.

Vendor Matching

Match incoming invoices to existing vendors.

Keep your vendor database organized and accurate.

How Businesses Use InvoiceRunner

Real scenarios from users like you

Managing Travel Expenses for Consulting Projects

Streamline travel expense invoices from multiple team members on various projects.

Example: A consulting firm simplifies the review process for travel expense reports submitted by subcontractors.

Processing Subcontractor Invoices

Automatically categorize and process invoices from subcontractors with different billing rates.

Example: An IT consulting firm successfully handles invoices from independent contractors without delays.

Handling Volume During Busy Periods

Maintain invoice flow even during peak billing cycles.

Example: A consulting agency manages a spike in invoice receipts during fiscal close more effectively.

Ensuring Compliance with Expense Policies

Track and enforce adherence to travel and expense policies via invoice validation.

Example: A consultancy verifies compliance on travel bills submitted by employees.

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, and let us do the work.

2

Connect Your Accounting Software

Connect quickly to Xero, QuickBooks, or other accounting software.

3

Invoices Are Processed Automatically

Our system extracts data from invoices automatically, saving you time.

4

Review and Approve

Draft bills will appear for your review before final approval and payment.

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

Using InvoiceRunner has truly transformed our invoicing process. What used to take hours now takes minutes, allowing our team to focus more on consulting rather than data entry.
SL
Sarah L.
Chief Financial Officer, ConsultCo
We've managed to cut down our invoice processing time significantly. The feature that detects duplicates alone has saved us thousands!
TR
Tom R.
Operations Manager, Strategy Solutions

Frequently Asked Questions

How long does it take to set up?

Most users are up and running in under 5 minutes.

What invoice formats are supported?

PDF, images (JPG, PNG), and scanned documents.

Is my data secure?

We use bank-grade encryption and never sell your data.

What if the AI makes a mistake?

All invoices are created as drafts for your review.

Which accounting software do you support?

Xero, QuickBooks, Zoho Books, FreshBooks, and Sage.

Can I try before I buy?

Yes! We offer 10 free extractions with no credit card required.

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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10 free extractions
Setup in 5 minutes
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