Yooz Unveils AI-Powered YoozVendorStatements for Painless Vendor Reconciliation

The latest cutting-edge solution from Yooz, designed to save businesses time, money and hassle while strengthening vendor relationships with seamless efficiency.

DALLAS, TX. – November 1, 2024 – Yooz, a global leader in cloud-based accounts payable automation solutions, proudly announces the launch of YoozVendorStatements, an Artificial Intelligence (AI) driven solution designed to streamline and optimize the vendor statement reconciliation process. This innovative tool is part of the Yooz AP automation platform, delivering unmatched accuracy, efficiency, and cost savings.

YoozVendorStatements is a game-changer in accounts payable automation, unique in offering a comprehensive suite of AI and Deep Learning capabilities across the entire AP process. Key features include:

• Proprietary AI-automated data capture and invoice matching: Extracts and matches line level data from multi-format vendor statements with internal invoice records. No additional effort required!
• Rapid reconciliation and investigation workflow: Intuitive experience to automatically link documents and quickly spot discrepancies, speeding up reconciliation and improving accuracy.
• All-in-one solution: Seamlessly integrates with the Yooz automation software to optimize and streamline the entire AP process in a single cloud-based platform for easy access, improved visibility, and simplified compliance.

“We are excited to introduce YoozVendorStatements as the newest innovation in our comprehensive suite of AI-powered accounts payable solutions,” said Laurent Charpentier, CEO at Yooz. “Our dedication to customer success continually drives us to redefine what’s possible in AP automation. YoozVendorStatements marks a major step forward, delivering even greater efficiency, accuracy, and value to our customers.” 

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About Yooz

Yooz provides the smartest, most powerful, and easiest-to-use cloud-based E-invoicing and Purchase-to-Pay (P2P) automation solution. It delivers unmatched savings, speed, and security with affordable zero-risk subscriptions to more than 5,000 customers and 300,000 users worldwide. Yooz’s unique solution leverages Artificial Intelligence and RPA technologies to deliver an amazing level of automation with extreme simplicity, traceability, and end-to-end customizable features. 
Yooz North America is headquartered in the Dallas, Texas, metropolitan area with global offices in Europe.

Learn more about Yooz at www.getyooz.com

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