Invoice management system

An invoice management system for inbox-clogged AP teams.

Invoice management software that pulls invoices from inboxes, routes them for approval, and pays them—so you never get another ‘just following up on this invoice’ email.

Join the 50,000+ businesses already simplifying their finances.

Software for invoice processing that doesn’t stop at approvals.

Ramp goes further—pulling invoice data, tagging line items, routing for approval, and syncing to your ERP. Minus the manual mess.

Accurate invoice data, captured automatically.

Ramp uses 99% accurate OCR to capture invoice details like vendor, date, amount, and line items. GL codes are suggested automatically so invoices are ready to post without manual entry.

Custom approval workflows that follow your rules.

Ramp’s invoice management system uses customizable workflows to route invoices by amount, role, or department. Set thresholds and policy rules once—and let Ramp handle the routing.

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Invoice matching that catches more.

Ramp’s procurement software uses two-way and three-way matching to compare invoices against POs and receipts. It flags overbilling, duplicate charges, and mismatches before anything gets approved or paid.

Procurement software

Sync payments and invoices to your accounting system.

Ramp connects directly to QuickBooks, NetSuite, Xero, and other accounting systems. Global payments made by card, ACH, or wire sync automatically, along with invoice data and approvals.

Batch and recurring payments, built in.

Make vendor payments scalable with an invoice management solution that supports batch and recurring payments. Group invoices, schedule repeat payouts, and track everything in one place.

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AI agents that do the busywork.

Ramp’s AP agents auto-code invoices, flag fraud risks, and recommend approvals—turning manual tasks into intelligent, touchless workflows.

AP Agents
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Eight more ways we simplify invoice management.

Simplify vendor tax management.
Collect W-9s, verify TINs, and track 1099 vendor tax data—right from Ramp.
Pay global vendors seamlessly.
Send payments in USD or local currencies for supported countries and accounting systems.
Secure, cloud-based storage.
Protect invoices with role-based access and cloud-based storage.
Real-time spend visibility.
Track vendor payments, due dates, and AP aging reports for full visibility into outstanding invoices.
Mobile-friendly invoice approvals.
Approve invoices from your phone, wherever you are.
Virtual cards for vendor payments.
Pay by card, earn cashback, and auto-match each charge to the right invoice.
Automated approval reminders.
Ramp notifies the right approver when an invoice is ready to review.
Multi-entity invoice management.
Assign payments, approvals, and users by entity to keep records accurate and organized.

Why customers choose Ramp to automate invoices.

Before Ramp, the AP process for REVA took 15-20 minutes per invoice. With Ramp Bill Pay, it takes under 3 minutes. For a company processing 2500 invoices a month, that amounts to significant time savings.

There’s never been an issue with payment. It’s 100% perfection. With Ramp, we reconcile every couple of days. By the fourth or fifth of the month, Ramp is reconciled and closed.

Seth Miller

Controller, REVA

FAQs

Invoice management software is a digital solution that automates how businesses receive, track, approve, and pay invoices. Instead of manually handling invoices, invoice management software streamlines workflows, reduces errors, and ensures payments are processed efficiently while keeping records organized and compliant.

An invoice management system automates the key steps of handling invoices—from capture to payment—through a unified digital workflow. Core functions include:

  • Automated data capture: Extracts key invoice details using AI and OCR technology from PDFs, emails, and scans, eliminating manual data entry and reducing errors.
  • Invoice matching and validation: Two-way and three-way matching to verify each invoice against purchase orders and receipts to prevent duplicate or incorrect payments.
  • Approval workflows: Routes invoices to the right reviewers automatically based on company policies, spend thresholds, or departments.
  • Payment processing and integrations: Enables secure electronic payments (ACH, card, wire) and syncs directly with accounting or ERP systems such as QuickBooks, NetSuite, or Xero.
  • Real-time visibility and tracking: Centralizes invoice statuses—submitted, pending, approved, or paid—and provides dashboards for better control and forecasting.
  • Audit and compliance management: Maintains detailed invoice histories, approval logs, and digital records to support audits and ensure policy compliance.
  • Automated reminders and collaboration: Sends notifications to approvers and vendors, while enabling teams to communicate and resolve invoice issues in one place.
  • Digital invoice storage: Archives all invoice and payment data in encrypted cloud storage for safe retrieval and long-term access.

An invoice management system helps teams save time, reduce costs, improve accuracy, and gain better visibility and control over their invoices. Here are some of the key benefits:

  • Time and cost savings: Automation handles data entry, routing, and approvals so teams can focus on more strategic work.
  • Healthier cash flow: Faster approvals and digital payments keep bills on schedule and help avoid late fees.
  • Fewer errors and less fraud risk: Built-in checks catch duplicates or mismatched invoices before payments go out.
  • Better visibility and control: Dashboards make it easy to track invoice status and forecast upcoming payments.
  • Simpler compliance and audits: Digital trails and secure storage make documentation easy to find when it’s needed.
  • Stronger vendor relationships: Reliable, on-time payments strengthen trust and can lead to better terms.
  • Built to scale: The system grows with your business—no extra headcount needed to manage more invoices.
  • Smarter decision-making: Centralized data gives finance teams insights to improve payment timing and spending efficiency.

Most invoice management systems fall into two main categories. The first are accounts payable automation platforms, which help finance teams handle incoming invoices from vendors. These systems, like Ramp, are designed to automate approvals, payments, and reconciliation so companies can manage high volumes of invoices efficiently and maintain control over cash flow.

The second type are small business invoicing tools, which combine invoicing, payment collection, and light accounting in one platform. They’re typically built for freelancers or small teams that need to send invoices to clients, accept payments, and track income without complex financial workflows.

Ramp Bill Pay is a top choice for invoice management, combining automation, cost savings, and seamless integrations into a single platform. It eliminates processing fees on domestic payments, detects duplicate invoices, and syncs with accounting tools like QuickBooks and NetSuite.

With Ramp, businesses can streamline approvals, gain better cash flow visibility, and manage invoices with greater efficiency and control.

Ramp’s invoice automation software helps businesses streamline accounts payable, reduce manual work, and stay in control of company spend. It’s best suited for:

  • Small businesses and lean finance teams: Ramp removes repetitive tasks like manual entry and routing. AI-powered data capture, simple approval flows, and one-click payments help smaller teams process invoices faster with fewer errors.
  • Growing mid-sized companies: Ramp automates invoice capture, approvals, and payments as invoice volumes rise. Features like vendor scheduling, multi-entity support, and accounting integrations help finance teams scale efficiently.
  • Cost-conscious teams managing cash flow: Ramp enables smarter payments through scheduling, real-time visibility, and early-payment discount tracking—helping finance teams strengthen vendor relationships and control spend.

Yes, Ramp offers a free tier of Ramp Bill Pay, that automates invoice extraction, approvals, and payments. Unlike competitors that charge for these features, Ramp provides AI-powered OCR, automated workflows, and seamless accounting integrations at no cost—making it an ideal choice for small businesses looking to streamline invoice management affordably.

For mid to large-sized businesses, premium plans start at $15 per user per month, significantly lower than competitors’ entry-level plans.

Time is money. Save both.

Invoice Management Software System with AI Automation