AI TOOL PROFILE
Routable: Accounts Payable Automation Software
- Finance and Accounting
- Document Automation
- 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.
At a glance
- Best for
- Controllers, CFOs, Accountants, Developers, Businesses with high payment volumes
- 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
- Visit routable official website
How AI is used
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
AI-Powered OCR
Captures data from invoices to support the digital creation of bills.
Vendor Onboarding & Management
Supports collection of W-9/W-8 tax forms and compliance checks against global watchlists.
Mass Payouts
Supports high-volume payments via API or CSV upload to over 220 countries and territories.
PO Matching
Provides 2-way and 3-way matching to verify invoices against purchase orders.
Custom Approval Flows
Supports approval rules based on payment dollar amounts.
Payment Reconciliation
Includes tracking tools to assist with the month-end closing process.
Use Cases
Automating Invoice Processing
Using OCR to convert incoming invoices into digital bills and routing them through approval workflows.
Global Vendor Expansion
Onboarding international contractors and making payments in 140+ different currencies.
High-Volume Payouts
Managing outgoing payments using CSV uploads or a REST API integration.
Tax and Compliance Management
Collecting required tax documentation and supporting 1099 or 1042-S form filing.
Integrations
- QuickBooks Online
- Xero
- Sage Intacct
- Oracle NetSuite
FAQ
What payment methods does Routable support?
- The platform supports ACH, Check, and Real-Time Payments.
Do vendors need an account to get paid?
- No, vendors are not required to create a Routable account to receive payments.
How does the pricing work?
- 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.
Can I customize my approval rules?
- Yes, the software allows you to set up approval rules based on the payment dollar amount.
Source category: Finance & Accounting
Source subcategory: Document Automation
More tools in Finance & Accounting
Other published listings in the Finance & Accounting category.
More tools in the Document Automation software type
Related listings that share the same software type for comparison and shortlisting.
