Routable: Accounts Payable Automation Software
Routable helps controllers and finance teams automate invoice capture and payment workflows. It is designed for businesses managing high-volume payouts or requiring global vendor compliance.
At a glance
- Category
- Finance & Accounting
- Best for
- Controllers, CFOs, Accountants, Developers, Businesses with high payment volumes
- Pricing
- The Growth plan starts at $1,250 per month. Additional per-transaction fees apply, which vary based on the payment method and speed.
- Key use cases
- Automating Invoice Processing, Global Vendor Expansion, High-Volume Payouts, Tax and Compliance Management
- Integrations
- QuickBooks Online, Xero, Sage Intacct, Oracle NetSuite
- Official website
- routable.com
Routable is a financial technology platform that automates the accounts payable cycle. It uses AI-powered OCR to capture invoice data and supports customizable approval workflows to manage how bills are authorized and paid.
The platform is designed for CFOs, controllers, accountants, and developers who require payment infrastructure via API. It supports domestic and international payments across multiple currencies and countries.
In addition to payments, the software includes vendor management tools to collect tax forms and screen vendors against global watchlists. It also provides 2-way and 3-way PO matching to help verify data before funds are released.
Buyers should confirm which pricing tier they need, as features like PO matching and predictive coding are associated with the Scale and Enterprise plans rather than the Growth plan.
Key Features
Captures data from invoices to support the digital creation of bills.
Supports collection of W-9/W-8 tax forms and compliance checks against global watchlists.
Supports high-volume payments via API or CSV upload to over 220 countries and territories.
Provides 2-way and 3-way matching to verify invoices against purchase orders.
Supports approval rules based on payment dollar amounts.
Includes tracking tools to assist with the month-end closing process.
Use Cases
Using OCR to convert incoming invoices into digital bills and routing them through approval workflows.
Onboarding international contractors and making payments in 140+ different currencies.
Managing outgoing payments using CSV uploads or a REST API integration.
Collecting required tax documentation and supporting 1099 or 1042-S form filing.
Best For
Integrations
Pricing
The Growth plan starts at $1,250 per month. Additional per-transaction fees apply, which vary based on the payment method and speed.
FAQ
The platform supports ACH, Check, and Real-Time Payments.
No, vendors are not required to create a Routable account to receive payments.
Routable charges a monthly subscription fee, starting at $1,250 for the Growth plan, plus per-transaction fees that vary by payment speed and method.
Yes, the software allows you to set up approval rules based on the payment dollar amount.
Source category: Finance & Accounting
Source subcategory: Document Automation
