Rillion logo

Rillion

by Rillion · Since 2008
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ActiveAvailable globallyCloud
Quick facts
VendorRillion
Year launched2008
StatusActive
LocationRillion Inc 330 North Wabash Avenue, 23rd floor Chicago, IL 60611 USA
Countries servedGlobal
Languages10
Integrations13+
Free tierN/A
Free trialN/A
Contact salesYES

About Rillion

Rillion is an accounts payable automation and payments platform designed to reduce the work of managing vendor invoices end to end. The vendor highlights invoice capture, matching, approvals, and payment execution with AI support, plus controls for multi-entity environments and touchless 3-way PO matching. Rillion also claims adoption by 3,000+ mid-sized and large companies, positioning it as an AP automation option beyond small-business invoice tools. Key capabilities: • Invoice capture and processing automation Touchless 3-way PO matching (as marketed) Flexible approval workflows Multi-entity AP management Analytics and reporting for AP visibility Best for: mid-sized and large finance teams automating AP and payments.

Rillion offers a comprehensive AP automation solution that simplifies invoice processing by leveraging advanced technologies like OCR and AI. It automatically extracts data from both paper and email invoices, significantly reducing the manual workload for businesses. This automated process ensures that data is accurately captured and stored, streamlining accounts payable operations while minimizing errors. The software also includes automated purchase order matching, which aligns invoices with corresponding POs, ensuring accurate payments and reducing the need for manual verification. Rillion is highly customizable, allowing users to create tailored approval workflows that fit their internal processes. This flexibility ensures that invoices are routed to the right people for approval, helping businesses stay compliant and efficient. Additionally, Rillion provides a comprehensive audit trail and archiving feature, giving businesses the ability to track all actions within the system, making it easy to stay compliant with financial regulations and maintain a clear history of transactions. The software also excels in reporting and analytics, offering detailed insights into accounts payable performance, cost analysis, and operational efficiency.

Pros & Cons

Pros
  • Easy integration with ERP systems.
  • AI-powered data extraction reduces manual tasks.
  • Highly customizable workflows.
  • Excellent customer support.
  • Flexible pricing options for different business sizes.
Cons
  • More advanced features may require a steeper learning curve for smaller businesses.
  • Pricing can increase for larger, more complex needs.

Features

Key features

AP Automation

Fully automates invoice capture, processing, approval, and payment.

PO Matching

Automatically matches invoices with purchase orders to ensure accuracy.

Approval Workflow

Simplifies the approval process with automated workflows.

OCR Invoice Capture

Uses AI-driven technology to extract data from invoices and reduce manual entry.

Auditing and Archiving

Stores all transactions securely for easy access during audits.

Detailed Reporting and Cost Analysis

Provides in-depth reports for tracking expenses and optimizing costs.

Additional features

Invoice Data Capture (OCR and AI)
Automatically extracts data from both paper and email invoices using Optical Character Recognition (OCR) and Artificial Intelligence (AI), reducing manual data entry and improving efficiency.
Purchase Order Matching
Automatically matches invoices to purchase orders, helping ensure that payments are accurate and reducing the need for manual verification.
Customizable Approval Workflows
Enables users to set up custom approval processes, streamlining invoice approval and ensuring compliance with internal protocols.
Audit Trails and Archiving
Provides a complete history of all actions taken within the system, allowing for easy tracking and ensuring compliance with financial regulations.
Detailed Reporting and Analytics
Generates comprehensive reports that offer insights into accounts payable performance, operational efficiency, and cost analysis, aiding in better decision-making.
ERP & Accounting System Integrations
Seamlessly integrates with major ERP and accounting systems, allowing for a smooth flow of financial data between platforms.
Cost Analysis Tools
Enables businesses to analyze and track costs more effectively, helping to identify opportunities for savings and improve financial performance.
Real-Time Alerts and Notifications
Keeps users informed of important updates, such as pending approvals and upcoming deadlines, ensuring timely action and process optimization.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
10
Interface languages
10
Billing currencies

Interface languages

USD ($)EUR (€)GBP (£)AUD ($)CAD ($)JPY (¥)CNY (¥)INR (₹)RUB (₽)BRL (R$)

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇳CNY🇮🇳INR🇷🇺RUB🇧🇷BRL

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