ALTO Accounts Payable logo

ALTO Accounts Payable

by Innovation Centric Group · Since 2011
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ActiveAvailable globally
Quick facts
VendorInnovation Centric Group
Year launched2011
StatusActive
LocationBox 83067 Canyon Meadows RPO SW, Calgary, AB, Canada, Alberta
Countries servedGlobal
Languages10
IntegrationsN/A
Free tierN/A
Free trialN/A
Contact salesYES

About ALTO Accounts Payable

ALTO Accounts Payable is an accounts payable software from advancement Centric Group designed to manage and automate accounts payable processes. It provides invoice processing, payment approvals, and reporting features so organizations can efficiently handle their payables. The software supports integrations with existing financial systems, ensuring data accuracy and reducing manual entry. Additionally, ALTO Accounts Payable offers customizable workflows to align with specific business needs. Key capabilities: invoice capture approval workflows payment processing reporting and analytics integration support Best for: finance teams that need to manage invoice processing and payment approvals effectively.

ALTO Accounts Payable, developed by Innovation Centric Group, is a dynamic and efficient accounting and procurement automation software that caters to a wide range of industries, including large enterprises, mid-size businesses, non-profits, and public administrations. Designed to streamline accounts payable and procurement processes, ALTO offers a comprehensive set of features that help businesses manage their financial operations with increased efficiency and transparency. One of the standout aspects of ALTO Accounts Payable is its use of AI and robotic process automation to optimize procurement workflows. This automation reduces the need for manual intervention, resulting in faster processing times and fewer errors. The system's codeless configuration is another major advantage, allowing businesses to customize their workflows and processes without needing to write any code. This flexibility makes ALTO adaptable to the unique needs of various organizations, whether they are small businesses or large enterprises. The software's implementation is notably fast, with systems being fully operational within a matter of weeks. This quick deployment is a significant benefit for businesses looking to improve their procurement and accounts payable processes without lengthy setup times.

Pros & Cons

Pros
  • Streamlined workflows with AI and robotic automation.
  • Customizable without programming.
  • Fast implementation.
  • Transparent pricing.
  • Comprehensive feature set.
Cons
  • No in-app marketplace.
  • Limited API availability.
  • May require training for full utilization.
  • Initial setup complexity.
  • Dependency on internet connectivity.

Features

Key features

AI and Robotic Process Automation

Streamlines procurement workflows.

Codeless Configuration

Customizable for each company without programming.

Fast Implementation

Systems can be up and running in weeks.

All-in-One Platform

Handles invoices, RFxs, purchases, contracts, and payments.

Transparent Pricing

Pay-per-transaction model with no hidden fees.

Additional features

Invoice Submission Portal

Online submission and tracking.

Approval Workflows

Email, mobile, and web app approvals.

Payment Management

Apply payments, issue receipts, and statements.

Integration with POS

Supports credit cards, EFT, and eWires.

Dynamic Discounting

Offers discounts based on payment terms.

Contract Management

Document repository and compliance validation.

Supplier Information Management

Automated RFXs and dynamic catalogs.

Project Cost Management

Track and manage project costs.

Recurring Invoices

Schedule and manage recurring invoices.

Governance and Policy Enforcement

Automated enforcement of policies.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
10
Interface languages
11
Billing currencies

Interface languages

EnglishSpanishFrenchItalianGermanPortugueseDutchRussianChineseJapanese.

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇭CHF🇨🇳CNY🇮🇳INR🇸🇪SEK🇳🇿NZD

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