Routable logo

Routable

by Routable · Since 2017
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ActiveAvailable globallyCloud
Quick facts
VendorRoutable
Year launched2017
StatusActive
LocationSan Francisco, CA 94103
Countries servedGlobal
Languages11
Integrations4+
Free tierN/A
Free trialN/A
Contact salesYES

About Routable

Routable is an accounts payable automation platform from Routable that automates invoice processing and payments. It includes developer tools, AP automation, payments, vendor management, and integrations so businesses can manage their accounts payable efficiently. With Routable, organizations can onboard vendors smoothly and customize approval flows, leading to a reduction in costs by 30%. The platform supports faster payments while ensuring compliance and control, making it suitable for modern businesses. Key capabilities: developer tools AP automation payments vendor management integrations Best for: financial teams that need to manage invoices and vendor payments effectively.

Routable is a cloud-based software solution designed to streamline billing and invoicing processes for businesses. It offers a range of features aimed at simplifying and automating financial workflows, particularly in the context of accounts payable and receivable. Here’s a detailed review of Routable in the billing and invoicing category: Routable is tailored for organizations seeking to enhance their billing and invoicing efficiency. The platform provides a comprehensive suite of tools for managing and processing invoices, making it easier for businesses to handle their financial transactions with accuracy and speed. One of Routable’s key strengths is its intuitive user interface, which simplifies the process of creating, sending, and tracking invoices. Users can generate professional-looking invoices using customizable templates, ensuring consistency and branding in every document. This ease of use extends to the management of billing cycles, where businesses can set up recurring invoices to automate regular payments and minimize administrative effort. The platform’s integration capabilities are noteworthy.

Pros & Cons

Pros
  • Ease of Use: Users consistently praise Routable's user-friendly interface and ease of navigation.
  • Cost-Effective: Routable is considered a budget-friendly option compared to other AP automation solutions.
  • Time-Saving: Automates many manual tasks, saving users significant time on invoice processing, payments, and vendor onboarding.
  • Excellent Customer Service: Users consistently highlight the responsive and helpful customer support provided by Routable.
  • Robust Features: Offers a comprehensive set of features, including automated invoice processing, mass payments, international payments, vendor management, and compliance.
  • Integration Capabilities: Integrates with popular accounting software like QuickBooks Online, NetSuite, Sage Intacct, and Xero.
Cons
  • Limited Customization: Some users may find the customization options limited compared to other solutions.
  • Pricing: While considered cost-effective, pricing may still be a factor for some businesses, especially those with very high transaction volumes.
  • Feature Limitations: Some users have mentioned limitations in certain features, such as the inability to approve credit memos or potential challenges with international payments for specific currencies.

Features

Key features

Automated Accounts Payable (AP) Processing

Routable automates invoice processing and payments, reducing manual tasks by 80%.

Faster Payments

Pay vendors 2 times faster compared to competitors.

Reduced Costs

Save up to 30% on transaction fees and gain an average savings of 30% through automation.

Compliance Management

Routable simplifies compliance processes and helps maintain adherence to regulations.

Seamless Integrations

Integrates with various accounting software like NetSuite, Sage Intacct, QuickBooks Online, and Xero.

Real-time Two-way Sync

Ensures data consistency across platforms and eliminates manual reconciliation.

Customizable Workflows

Approval workflows can be tailored to specific needs.

Vendor Management

Onboard vendors with a custom-branded experience and securely store their tax information.

Additional features

AP Automation

Automates invoice processing, approvals, payments, and vendor onboarding.

Mass Payments

Pay hundreds or thousands of vendors easily with CSV uploads or API integration.

International Payments

Send payments worldwide with significant savings on transaction fees.

Vendor Onboarding & Management

Streamline vendor onboarding and securely store tax information.

Compliance

Offers automated controls to reduce risk and improve compliance.

Invoice Capture & OCR

Capture invoice data automatically using OCR technology.

Bill & Payment Approval Workflows

Set up customized workflows for invoice and payment approvals.

2-Way & 3-Way PO Matching (New)

Match invoices with purchase orders for better control.

Payment Methods

Supports various payment methods like ACH, wires, and checks.

CSV Payments

Upload CSV files to process mass payments efficiently.

Payment Reconciliation

Reconcile payments automatically, saving time and effort.

Two-Way Sync

Maintain data consistency between Routable and your accounting software.

Vendor Tax Management

Securely store and manage vendor tax information.

Vendor Compliance Checks (New)

Automate vendor compliance checks to mitigate risks.

Role Based Access Control

Manage user access and permissions within the platform.

Payments API

Integrate Routable's payment functionality with your existing systems.

Accounts Receivable

Manage Accounts Receivable processes (not fully explained on the provided information).

Enterprise Integrations

Integrates with popular accounting software like NetSuite, Sage Intacct, QuickBooks Online, and Xero.

Developer Resources

Provides resources for developers to integrate with Routable's API.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Monthly plans

Growth
USD 599/mo
billed monthly
Scale
USD 899/mo
billed monthly

Countries & Languages

Global
Countries served
11
Interface languages
20
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianDutchPortugueseRussianChineseJapaneseKorean

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇨🇦CAD🇦🇺AUD🇯🇵JPY🇨🇳CNY🇮🇳INR🇲🇽MXN🇧🇷BRL🇷🇺RUB🇰🇷KRW🇿🇦ZAR🇹🇷TRY🇸🇪SEK🇨🇭CHF🇳🇿NZD🇳🇴NOK🇸🇬SGD🇭🇰HKD

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