AI TOOL PROFILE
Fidesic Review: Accounts Payable Automation
- Finance and Accounting
- Workflow Automation
- Microsoft Dynamics GP users
- Microsoft D365 Business Central users
- Small businesses with high invoice volumes
- Mid-market companies with multi-entity structures
- Accounting teams moving to paperless AP
Pricing
Fidesic offers a free version for 1 company and 3 users (up to 100 invoices/month). The Pro plan is $59/month for admin users, $29 for standard users, and $9 for approvers. Transaction fees are $0.49 per ACH and $1.69 per paper check.
At a glance
- Best for
- Microsoft Dynamics GP users, Microsoft D365 Business Central users, Small businesses with high invoice volumes, Mid-market companies with multi-entity structures, Accounting teams moving to paperless AP
- Key use cases
- Invoice Capture Automation, Digital Approval Workflows, Vendor Payment Processing, Multi-Location AP Management
- Integrations
- Microsoft Dynamics GP, Microsoft D365 Business Central, Binary Stream
- Official website
- Visit fidesic official website
How AI is used
Fidesic is an accounts payable automation suite built for Microsoft Dynamics GP and D365 Business Central. The platform is designed to help businesses move away from paper-based processes by digitizing the path from invoice receipt to payment.
It is intended for small to enterprise-sized companies that rely on Dynamics ERP. The software provides tools, such as MagiCapture for data entry and RouteWise for workflow management, to help accounting teams handle invoices.
Practical use of the tool involves capturing invoice data via OCR, routing those invoices through approval chains, and executing payments via ACH or check. It also supports multi-entity management for organizations with multiple locations or subsidiaries.
Buyers should confirm their specific user needs, as pricing is tiered based on the level of access required (Admin, Standard, or Approver), and there are per-transaction fees for payments.
Key Features
MagiCapture
An AI-powered invoice capture tool that uses OCR to extract data from invoices.
RouteWise
A visual workflow editor used to set up and manage invoice approval routing.
JustPay
A payment processing feature that supports ACH and paper check fulfillment.
VendorVault
A self-service portal designed for vendor access.
Multi-Entity Management
Support for managing multiple companies and locations, including support for Binary Stream.
Azure Hosting
The platform is hosted on Microsoft Azure for data security and performance.
Use Cases
Invoice Capture Automation
Using AI and OCR to extract data from incoming invoices to reduce manual entry into Dynamics GP or Business Central.
Digital Approval Workflows
Routing invoices to managers for review and approval via email and a digital dashboard.
Vendor Payment Processing
Managing and executing vendor payments through ACH or paper checks.
Multi-Location AP Management
Handling accounts payable across various business entities and locations from a centralized system.
Integrations
- Microsoft Dynamics GP
- Microsoft D365 Business Central
- Binary Stream
FAQ
Which ERP systems does Fidesic integrate with?
- Fidesic is built to integrate with Microsoft Dynamics GP and Microsoft D365 Business Central.
Is there a free version of Fidesic?
- Yes, Fidesic offers a free tier that supports one company, up to three users, and 100 invoices per month with basic OCR.
How does Fidesic handle vendor payments?
- Fidesic processes payments via JustPay, supporting ACH payments for $0.49 each and paper check fulfillment for $1.69 each.
Source category: Finance & Accounting
Source subcategory: Workflow Automation
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