Routable
Routable is a comprehensive AP automation platform designed to streamline invoice processing, payments, and vendor management.
Our verdict
Who it's for
Automate accounts payable, mass payments, and vendor management for modern businesses.
Who should look elsewhere
Pricing is subscription-based with additional per-transaction fees, which can vary based on payment method and speed
Pros
- +Reduces manual payment tasks by up to 80%
- +Offers significant cost savings on international fees (up to 30%)
- +Provides high accuracy (99.8%) in data synchronization with ERPs
- +Accelerates payment processing, including international payments in 1-3 business days
- +Enhances compliance and reduces human error with automated controls
Cons
- −Pricing is subscription-based with additional per-transaction fees, which can vary based on payment method and speed
- −Implementation can take up to 4 weeks, though payments can start in as little as a week
Key features
- ✓AI-powered OCR for invoice capture and data extraction
- ✓Customizable approval workflows
- ✓Payment reconciliation with real-time visibility
- ✓2-way and 3-way PO Matching
- ✓Role-based access control
- ✓Mass payouts via CSV or API
- ✓International payments to 220+ countries in 140+ currencies
- ✓Vendor onboarding and management system
Pricing
| Plan | Price | Billing | Notes |
|---|---|---|---|
| Growth | $1250 | month | Unlimited User Seats; Accounting / ERP Integrations; Domestic Payments |
| Scale | — | month | Everything in Growth; Invoice Automation; Trainable OCR |
| Enterprise | — | month | Everything in Scale; Invoice Automation; PO Matching |