Finance and accounting: purchase to pay
Let's start with a process every organization deals with: paying invoices.
In a modern finance organization, 90% of invoices should go straight through to payment processing. There should be a single system managing intake, matching, exceptions, approvals, and payment. Instead, up to 75% of invoices still require manual intervention. The average cycle time is 17 days. Best-in-class organizations operate at three—but even that is too long, and we believe we can do significantly better.
This is exactly what we're hearing from customers. They've automated pieces of accounts payable, and those automations work—but they don't go end to end. With our agentic solution, they can move from automating fragments to automating and orchestrating the whole process, from intake to resolution.
Our purchase-to-pay solution focuses on the two biggest pressure points: guided buying, so that requests are compliant and connected cleanly to purchase orders (POs), and invoice processing, where mismatches, exceptions, and approval delays create unnecessary friction, manual work, and longer cycle times. For many customers, this is also a clear opportunity to use AI to reduce costs, given the high volumes and transactional nature of the process.
UiPath is already a market leader in vendor invoice processing—companies like Canon and Thermo Fisher Scientific use our intelligent document processing (IDP) and RPA capabilities to extract invoice data and match POs today. This solution goes further, orchestrating the rest of the process so approvals move quickly, exception handling is automated, controls stay intact, and finance teams have real-time visibility into spend before it hits the ledger.
The result: faster cycle times, fewer late payments, and, most importantly, lower cost per transaction.