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E42

E42 enhances the efficiency of invoice handling and approval processes through the use of AI-powered automation, smart data extraction, and seamless ERP integra...

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E42 enhances the efficiency of invoice handling and approval processes through the use of AI-powered automation, smart data extraction, and seamless ERP integra...

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Product Overview

E42 enhances the efficiency of invoice handling and approval processes through the use of AI-powered automation, smart data extraction, and seamless ERP integration. While high-volume automation might require some adjustments for optimal performance, its precision and adherence to compliance standards render it highly effective for finance teams overseeing intricate accounts payable tasks.

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Product Details

What Is E42?

E42 is an advanced, cloud-based software solution that automates accounts payable processes, specifically tailored for finance teams. This innovative AI platform simplifies invoice management and payment workflows through features like automated workflows, smart data extraction, seamless ERP integration, and efficient vendor communication. By minimizing the need for manual input, it enhances compliance, boosts accuracy, and speeds up processing times, ultimately making accounts payable operations more effective.

The ideal users of E42 span from small businesses to large corporations that aim to automate their complete AP processes while achieving real-time oversight and control over their financial activities.

How Much Does E42 Cost?

The typical pricing for E42 ranges from $40 to $95 per user per month. This range is based on industry standards for AI-powered accounts payable automation tools catering to mid-sized and enterprise finance teams.

This price bracket serves as a guideline for budgeting, as actual expenses may vary depending on factors such as the number of invoices processed, complexity of the ERP system, selected AI functionalities, and the extent of deployment.

  • Implementation and Workflow Configuration: $3,000–$15,000 (one-time) - Covers AP workflow design, approval hierarchy setup, business rule configuration, and mapping for ERP integration.

  • Intelligent Document Processing (IDP) / AI Usage Fees: $0.50–$2.50 per invoice - Charges based on invoice volume, multilingual extraction capabilities, handwriting recognition, and complexity of AI validation.

  • ERP and System Integrations: $1,000–$5,000 (one-time or annual) - Facilitates connections to platforms like SAP, Oracle, NetSuite, Microsoft Dynamics, and others through APIs or custom connectors.

  • Advanced Analytics and Compliance Modules: $2,000–$8,000/year - Offers features like spend dashboards, audit trails, anomaly detection, tax validation, and enhanced reporting controls.

Many users perceive this solution as a worthwhile investment due to its depth of automation, accuracy provided by AI technology, and the significant decrease in manual tasks—especially beneficial in high-volume accounts payable settings. For a tailored cost estimate for your organization regarding E42, please request a custom quote.

Note: Pricing information is derived from publicly accessible third-party resources and industry benchmarks. Actual pricing may differ.

E42 Integrations

This software can connect with numerous third-party applications including:

  • QuickBooks

  • NetSuite

  • Oracle

  • Infor SunSystems

  • SAP

To discover more about its features and potential compatibility with your systems, consider requesting a demo of E42.

Who Is E42 For?

E42 is designed to cater to a diverse array of industries and sectors such as:

  • Finance

  • Accounting

  • Healthcare

  • Manufacturing

  • Retail

  • Logistics

  • Education

Is E42 Right For You?

If you are seeking a solution to enhance invoice processing while minimizing errors and reducing manual workloads, E42 is the answer. It automates high-volume accounts payable tasks, speeds up approval processes, and guarantees precise payments—addressing common delays and compliance issues in financial operations. Additionally, it promotes a safe and inclusive workplace through its POSH policy.

E42 has received numerous accolades including the Nasscom SME Inspire Award 2024, India Growth Champions 2022, and RED Herring Asia 2019 for its innovation and growth achievements.

If you still have questions about whether E42.ai Accounts Payable Automation fits your needs, please reach out to our customer support team at info@softwareseekers.com. They will assist you in making an informed decision regarding E42's features and offerings.

Accounting Software Features

✘ dashboard
✘ reporting
✘ accounting
✘ dashboards
✘ mobile app
✘ public api
✘ purchasing
✔ audit trails
✘ audit trials
✘ cybersecurity
✘ mobile access
✘ time tracking
✘ bid management
✘ credit control
✘ cta compliance
✘ expense report
✘ fee management
✘ general ledger
✘ kpi monitoring
✘ pci compliance
✘ tax management
✘ cash management
✘ crm integration
✘ debt collection
✘ email marketing
✘ fund accounting
✘ nav calculation
✘ quality control
✘ soc 2 compliant
✘ task management
✘ accounts payable
✘ asset management
✘ audit management
✘ donor management
✘ event management
✘ expense tracking
✘ fraud management
✘ grant management
✘ maintenance logs
✘ project tracking
✘ budget management
✘ fundraising tools
✘ project templates
✘ recurring billing
✘ safety management
✔ vendor management
✘ alertsnotification
✘ budgeting software
✘ built in reporting
✘ data visualization
✘ equipment tracking
✘ financial tracking
✔ invoice management
✘ payment processing
✘ payroll processing
✘ project management
✘ project scheduling
✘ zapier integration
✘ accounts receivable
✘ ai powered insights
✔ alertsnotifications
✘ bank reconciliation
✘ cloud collaboration
✘ collaboration tools
✘ compliance software
✘ contract management
✔ customizable report
✘ document management
✘ employee management
✘ financial reporting
✘ incident management
✘ integrated payments
✘ payroll integration
✘ production planning
✘ reporting analytics
✘ resource allocation
✘ scheduled reporting
✘ unitholder tracking
✘ workflow management
✘ bookkeeping software
✘ cash flow management
✘ customizable reports
✘ financial reportingg
✘ financial statements
✘ inventory management
✘ loan servicing suite
✘ payroll tax software
✘ real time monitoring
✘ rolebased permission
✘ volunteer management
✘ bill of materials bom
✘ billing and invoicing
✘ contractor management
✘ custom add on modules
✘ membership management
✘ multicurrency support
✘ regulatory compliance
✘ statistical modelling
✘ work order management
✘ account reconciliation
✘ facilities maintenance
✘ fixed asset management
✘ multi currency support
✘ partnership accounting
✘ auditing and compliance
✘ automated loan workflow
✘ change order management
✘ customizable dashboards
✘ paperless documentation
✘ reporting and analytics
✘ supply chain management
✘ debt collection software
✘ financial analysis tools
✘ small business invoicing
✘ subcontractor management
✘ accounts payable software
✘ budgeting and forecasting
✘ regular payment scheduling
✘ data analysis and reporting
✘ accounts receivable software
✘ business management software
✘ financial reporting software
✘ automated email communication
✘ financial management software
✘ data collection and management
✘ efficient portfolio management
✘ financial portfolio management
✘ policy and document management
✘ regulatory compliance tracking
✘ revenue recognition compliance
✘ risk assessment and mitigation
✘ automated notifications updates
✘ contact relationship management
✘ project planning and scheduling
✘ integration with banking systems
✘ advanced analytics and forecasting
✘ multi currency accounting software
✘ machine learning and ai integration
✘ provides government boi transcripts
✘ version control and change tracking
✘ audit trails auditing and compliance

Pros

  • ✔ Reduces manual invoice handling and processing errors
  • ✔ Accelerates approval cycles for faster payments
  • ✔ Ensures compliance with e-invoicing regulations

Cons

  • ✘ Documentation gaps may hinder user workflows
  • ✘ Initial setup may need technical guidance

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Frequently Asked Questions

Find answers to the most common queries about our software recommendation service.

E42 integrates with third-party applications such as QuickBooks, NetSuite, Oracle, Infor SunSystems, and SAP for seamless accounts payable automation.

No, E42 does not have a mobile app.

E42 provides support via phone and email.

E42 supports the English language.

E42 serves a wide range of industries, including finance, accounting, healthcare, manufacturing, retail, logistics, and education.

E42 pricing falls between $40 and $95 per user/month. Request a custom E42 price quotation.

The vendor has not disclosed information regarding its API.