Vic.ai

What is Vic.ai?

Vic.ai is an accounting platform built with AI at its core. It automates invoice processing, matches invoices with purchase orders, manages approval workflows, and handles B2B payments. It also provides AI-driven insights and predictions to help finance teams understand their data.

By automating routine work, Vic.ai frees finance professionals to focus on higher-value tasks like decision-making, while improving the efficiency and accuracy of financial operations. Thousands of finance teams and accounting firms use Vic.ai, and it integrates with many ERP systems. The company emphasizes putting people first, acting with integrity, and taking initiative, with a goal of helping companies grow and stay resilient and sustainable.

Who created Vic.ai?

Vic.ai was founded by Alexander, who has a background in finance and accounting and served on the board of 24SevenOffice.com before launching the company on August 3, 2018. The team includes Kris, Ben Baldyga, Mark Fisher, Luke, Anna, Anand, and Kevin, with experience across automotive, sales, marketing, and technology. Vic.ai is backed by leading venture capital and growth investors focused on applying AI to finance operations.

What is Vic.ai used for?

Key capabilities include:

• Autonomous invoice processing: AI handles invoice data entry, reducing processing time and increasing capacity without additional staff.
• Purchase order matching: Automatically matches invoices to POs.
• Approval flows: Automates invoice approval cycles and streamlines the approval process.
• B2B payments: Manages business-to-business payments.
• Real-time analytics and insights: Provides instant access to financial data and AI-powered predictions to support decision-making.
• Fraud risk reduction: AI helps identify suspicious activity and inconsistencies.
• ERP integrations: Connects with existing accounting software.

Who is Vic.ai for?

Vic.ai serves finance professionals, accountants, and financial decision-makers at both enterprise and mid-market businesses. It adapts across industries, including manufacturing and services, and scales to handle the complexities of large organizations while providing automation for growing companies.