Accrual accounting recognizes revenue and expenses when they are earned or incurred, regardless of cash flow. Learn how InvoiceRunner can automate your invoice processing, reducing manual effort while ensuring compliance.
For many small businesses and accounting teams, the struggle with effective invoice processing is a significant challenge. Manual data entry can lead to a slew of issues, from human error to delayed payments, which can affect your bottom line and disrupt business relationships. Many find themselves overwhelmed by the sheer volume of invoices and the complexities of accrual accounting, which requires precise recording of earned revenue and incurred expenses. This can create confusion and inconsistency in financial reporting, making it hard to track financial health.
InvoiceRunner addresses these inherent challenges by automating the entire invoice processing workflow. With our AI-powered platform, you can streamline the handling of invoices while adhering to the accrual accounting method. By automatically monitoring inboxes for invoice attachments and extracting critical data in real-time, InvoiceRunner transforms cumbersome manual processes into efficient procedures, reducing the scope for error and enhancing operational efficiency.
By incorporating InvoiceRunner into your workflow, you experience an immediate transformation. Not only do you save valuable time, which can be redirected toward strategic planning and client engagement, but you also enhance the accuracy of your financial records. This means clearer insights into your business's financial health, fostering more informed decision-making and improved cash flow management.
Common challenges faced every day
Purpose-built invoice automation
Tangible benefits that impact your bottom line
By automating invoice processing, businesses reduce the hours spent on manual entry and reconciliation.
Our advanced AI technology ensures the highest level of data accuracy across various invoice formats.
Ensure you never pay an invoice twice with our intelligent duplicate detection capabilities.
Integrate effortlessly with your accounting software to keep everything aligned in real-time.
Our platform can be set up in minutes, allowing you to start automating without delay.
Easily manage increased invoice loads as your business grows without the need for additional hires.
Everything you need to automate invoice processing
Monitor Gmail or Outlook 24/7 for invoice emails.
Never miss an invoice.
Extract vendor names, 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
A local retail store struggled with the high volume of customer invoices leading to potentially missed payments.
Example: By implementing InvoiceRunner, the store seamlessly monitored invoices received via email, reducing data entry time significantly.
A busy marketing firm faced issues with late payments and inconsistent reporting.
Example: With InvoiceRunner, the accounting team automated the extraction of invoice data, ensuring uniformity in accrual accounting.
A manufacturing company was grappling with discrepancies due to manual entry errors.
Example: After using InvoiceRunner, the company saw a dramatic decrease in financial discrepancies and improved reporting.
A construction firm often delayed payments, risking their relationships with subcontractors.
Example: By employing InvoiceRunner, they not only automated invoice processing but also improved their vendor management system.
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 before approval.
Seamless integration with popular platforms
“InvoiceRunner changed the way we handle invoices. Our time spent on data entry has decreased drastically, allowing us to focus on driving our business forward.”
“With InvoiceRunner, our financial reporting has never been clearer or more accurate. I highly recommend it to anyone looking to streamline their accounting processes.”
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! We offer 10 free extractions, with no credit card required.
Join businesses saving hours every week with InvoiceRunner.
Start Free TrialInvoiceRunner automates the tedious parts of accounts payable.