Vic.ai is pioneering the use of autonomy and intelligence to digitally transform accounting and finance processes to improve productivity, decision-making, and ROI. Vic.ai addresses the most manual and inefficient task in accounting – invoice processing – to improve its speed and scalability, and ultimately enable customers to reinvent their accounts payable operations and improve financial management. 

Accounting tasks have always been managed using legacy systems that are based on predefined, fragile rules and templates. It’s mundane, inefficient, and error-prone work. Vic.ai throws the need for rules and templates out the window.

Accounting tasks work autonomously with the Vic.ai platform to minimize the human input and interpretation that legacy, rules-based systems require. Vic.ai’s accounts payable solution uses advanced AI, which gets smarter the more invoices it ingests, and autonomous workflows to automatically process error-free invoices, allowing the team to focus on more important matters than manual data entry.

Vic.ai works with finance professionals to give them the tools they need to make everyday operations simpler and more intelligent. From processing invoices to data predictions, the Vic.ai intelligent and autonomous solution gives companies the bandwidth needed to complete higher value tasks often pushed aside in the day-to-day.

By processing more than half a billion invoices with up to 99% accuracy, Vic.ai has helped 10,000+ customers achieve nearly $188 million in cost savings and 6 million hours in time savings. 

Vic.ai is backed by the best VC’s in the world, including Iconic Growth, GGV Capital, Cowboy Ventures and Costanoa Ventures. Vic.ai is jointly headquartered in New York City and Oslo, Norway. For more information, please visit http://www.vic.ai/.

Jason Stockwood

John Shaw

Axan Ventures

Farvatn Venture

Connectivity Ventures Fund

Cowboy Ventures

Costanoa Ventures

GGV Capital

ICONIQ Capital

ICONIQ Growth

Vic.ai

Automation on your mind? 

Your #APAutomation toolkit is ready! We've curated helpful articles, guides, and other resources to help you level up your automation strategy with AI >> https://lnkd.in/gYnUcsUX

Autonomous finance - it's kind of like magic ✨ ✨ ✨ 

Join us this Thursday, April 18 at 2 pm EST for a live demo of the Vic.ai platform to see how transformative AP autonomy can be for your organization.

Register at https://lnkd.in/gnzGWdDx

Reaching #APautonomy requires strategic planning, an implementation plan, and leveraging the right AI technology. In this guide we’ve outlined the top #GenAI use cases for accounting and finance teams.

Take a look >> https://lnkd.in/da5vG7Rh

Acting on early payment discounts can be a significant strategy for your bottom line. 📈 

Learn how AI can help surface important #b2bpayment terms so you can maximize your working capital: https://lnkd.in/gsFBApWF

Yes, your team can work alongside AI! We partnered with the Institute of Finance and Management (IOFM) to explore how #GenAI can augment your team and help you reach more potential.

Learn how to elevate your team now >> https://lnkd.in/gFxETMfw

What is Autonomous Accounting?

#AutonomousAccounting is a concept where technology, such as AI and automation, is used to perform accounting tasks without direct human intervention. 

Dig a little deeper into this game-changing approach >> https://lnkd.in/g7Jy2_6a

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Chief Growth Officer

Aditi Charnoubi

Co-Founder & CEO

Alexander Hagerup

Chief Marketing Officer (CMO)

Joshua Feinberg

Co-Founder & COO

Kristoffer Roil

SVP, People

Anna Klombies

SVP Marketing

Mark Fisher

VP Product

Zak Stratton

Senior Director of Partnerships

Alexandra August

Engineering

Anthony Margaritondo, PMP, CISSP

Sales and Support

Broc Bebout

Joerg Joergensen

Neil Jacobstein

Will Griffith

Lance Jacobs

Senior Vice President Of Global Sales

Jeff Richards

Investor

Brett Norton

Software Development

Co-Founder

Financial Services Companies With More Than $1M in Revenue (Top 10K)

Accounting Companies With Less Than $1B in Revenue (Top 10K)

East Coast Companies With Fewer Than 1000 Employees (Top 10K)

New York Companies (Top 10K)

Vic.ai is pioneering the use of autonomy and intelligence to digitally transform accounting and finance processes to improve productivity, decision-making and ROI. The company's global customers include accounting firms, enterprise, and mid-market finance teams seeking to embrace automation and AI to improve financial performance. Vic.ai is addressing the most manual and inefficient task in accounting – invoice processing – to improve its speed and scalability, and ultimately enable customers to reinvent their accounts payable operations.

Notable Capital

Series C - Vic.ai

Series B - Vic.ai

Series A - Vic.ai

Seed Round - Vic.ai

Convertible Note - Vic.ai

Computer and Software Services and Scientific Services

New York

United States

North America

Latest News - Startup and Small Business News

Vic.ai Introduces Superior Performance Analytics for Accounts Payable Teams and Finance Leaders

Vic.ai on LinkedIn: #autonomousaccounting

Vic.ai on LinkedIn: Vic.ai is thrilled to feature our newest customer, C.R. England. The…

How Finance Leaders Can Turn AI Optimism Into Results

Vic.ai Supercharges Payments by Adding Early Payment Discounts and Zero US Transaction Fees to Leading Autonomous Finance Platform

Emily Perkins on LinkedIn: I've hit the 30 day mark at my new company Vic.ai! What a busy - and…

Vic.ai Named to CB Insights' Fintech 100 List and Earns

Tech news: Vic.ai expands into payments

AI-driven platform that automates the entire invoice processing workflow, from ingestion to payment, improving productivity and accuracy.

Automates the matching of purchase orders to invoices, identifying discrepancies and streamlining approvals.

Automates invoice routing for approval based on predefined rules, reducing the need for manual intervention.

Consolidates vendor payments into a single workflow, offering early payment discounts and reducing fraud risk.

Provides real-time analytics and forecasting on invoice processing, team performance, and business trends.

Offers seamless integration with all major ERP systems, enhancing compatibility and streamlining processes.

Canada

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India

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Sage Intacct is a cloud accounting and financial management software that offers similar services to Vic.ai, such as automating accounting and financial operations.

Sage Intacct

NetSuite is a cloud-based suite of financial management and enterprise resource planning (ERP) software. It provides automation for various financial operations.

NetSuite

Zoho Books is an online accounting software that automates various financial tasks, including invoicing, expense tracking, and more.

Zoho Books

Vic.ai is an AI-driven platform that automates accounting and financial operations. The company leverages machine learning to streamline processes such as invoice processing, expense reporting, and payment reconciliation, aiming to increase efficiency and accuracy for finance departments.

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