PredictAP
Transform real estate AP: automate, integrate, enhance compliance.. [Contact for Pricing]
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What is PredictAP?
PredictAP is an AI-powered invoice coding solution specifically built for real estate accounts payable (AP) teams. It automates invoice ingestion, indexing, and coding using machine learning, a process the company calls Intelligent Invoice Capture™. The tool analyzes your historical invoice data to learn coding patterns for vendors, service types, legal entities, GL codes, expense accounts, cost allocations, and more, then applies this knowledge to code new invoices without manual data entry.
Key features include hands-free one-step AI-powered invoice ingestion and coding via email to a dedicated invoice inbox, direct API integration with AP automation systems like Yardi PayScan and Nexus Payables, enhanced error detection that flags duplicates and inconsistencies in real time, SOC 2 Type II certified data security, SSO integration, user property security for managing access by property, and a unified invoice queue for viewing all invoices in process. PredictAP delivers fully coded invoices in approximately 45 seconds, ready for review and submission to your existing AP automation workflow.
PredictAP is designed for centralized AP teams, distributed AP teams, property managers, large real estate investment firms, and property management companies that process high volumes of real estate invoices. It helps AP specialists, property managers, AP associates, AP specialists, financial systems analysts, and finance leaders eliminate manual data entry, increase team capacity by 2-5X without hiring, reduce invoice processing time from 11 days to 3 days on average (80% less time per invoice), and frees teams to focus on higher-value strategic work instead of repetitive data entry.
PredictAP pricing
Pricing model: Freemium
PredictAP uses custom pricing based on invoice volume and organization size. The provider does not communicate specific price information publicly, which is common for enterprise software vendors. Pricing factors include number of invoices processed monthly, team size, and integration needs. Prospective users must contact the provider or request a demo to receive pricing details. The tool helps clients cut manual processing costs from approximately $15-$25 per invoice down significantly through automation.
PredictAP pros
- Delivers fully coded invoices in approximately 45 seconds
- Eliminates manual data entry from invoice coding entirely
- Learns coding patterns from historical invoice data automatically
- Integrates seamlessly with Yardi PayScan and Nexus Payables via API
- Reduces invoice processing time from 11 days to 3 days on average
- Increases team capacity by 2-5X without additional hiring
- Saves 50-80% of time typically spent on manual data entry
- SOC 2 Type II certified for enterprise-grade data security
- No custom development required for implementation
- Most customers are live within a few weeks
- Enhanced error detection flags duplicates and inconsistencies in real time
- Dedicated invoice inbox allows emailing invoices for hands-free upload
- Unified invoice queue provides one view for all invoices
- User property security allows managing access by property
- Supports SSO integration with existing user profiles
- Paperless workflow enables WFH-friendly AP without printing or scanning
- Low-confidence invoices automatically held for human review
- Real-time total validation display simplifies submit flow
- PO data sync pulls directly from Yardi with auto-detection
- Scales team capacity for centralized and distributed AP teams
PredictAP cons
- Requires AP automation system as companion (not standalone)
- Only integrates with Yardi PayScan and Nexus currently
- Limited to real estate AP use case only
- No free tier available
- Custom pricing not transparent on website
- No mobile app for invoice review mentioned
- Requires ERP integration and IT setup
- May not suit small businesses with low invoice volume
- Dependent on historical invoice data quality for learning
- Low-confidence invoices still require manual review
Frequently asked questions about PredictAP
What is PredictAP?
PredictAP is an AI-powered invoice coding solution designed specifically for real estate accounts payable (AP) teams. Everything in real estate AP has been automated except invoice coding. PredictAP automates invoice ingestion, indexing, and coding using machine learning, a process called Intelligent Invoice Capture™. It provides fully coded invoices ready for use with existing AP automation workflows, replacing manual data entry with a smart automated solution.
How does PredictAP work?
PredictAP analyzes your past invoice history to learn coding patterns and then codes new invoices without manual data entry. It uses machine learning to recognize vendors, service types, legal entities, and any variables that determine how to code an invoice. Based on historical data, it automatically applies vendor codes, GL codes, entity codes, cost allocation, payment method, expense type, and more. Each invoice makes PredictAP faster, smarter, and more accurate.
What does PredictAP do?
PredictAP captures and codes new invoices without relying on slow manual data entry. It provides fully coded invoices ready for use with your existing AP automation workflows. The tool captures invoice header data and matches the right vendor, GL codes, expense accounts, cost allocations, and more. Your AP team reviews fully coded invoices, makes changes if needed, and submits them to their usual approval workflow.
Who uses PredictAP?
Large real estate investment firms and property management companies use PredictAP to code invoices. It is designed for real estate AP specialists, property managers, AP associates, AP specialists, financial systems analysts, and anyone who processes invoices manually. It works for both centralized AP teams that want to scale capacity and distributed AP teams that want to improve coding compliance.
Will PredictAP work with my existing AP automation system?
Yes! PredictAP integrates with Yardi PayScan, Nexus, and other platforms. It works with best-in-class real estate AP automation tools like Yardi Payscan, Nexus, and AvidXchange. The tool integrates seamlessly into existing automated workflows through approved APIs, allowing you to send coded invoices through your existing workflows where review and approval happen as usual.
Does PredictAP work without AP automation?
No. PredictAP is for invoice capture and coding only; your AP automation system is still needed for approval workflows. PredictAP automates invoice ingestion and coding as a companion to AP automation platforms, and is not designed to be a stand-alone solution. You still need your AP automation system for the approval and payment processes.
How long does PredictAP take to implement?
Once set up, PredictAP saves time immediately by reducing manual data entry. Thanks to direct API integrations, there is no custom development required to implement PredictAP, and most customers are live within a few weeks. The tool is designed for real estate AP complexity and invoice coding, and is ready to use without lengthy custom development.
Will PredictAP replace my accounts payable team?
No. PredictAP saves AP teams time so they can focus on less repetitive work. It makes AP teams and specialists more efficient and productive. By eliminating the most repetitive and manual part of AP work, it enables small teams to process more invoices and frees up time for more complex and satisfying work. Teams can focus on being strategic trusted advisors instead of invoice pushers.
What can I use instead of PredictAP?
There are no other hands-free invoice coding solutions focused on real estate complexity. Other available invoice indexing solutions, such as Yardi Full Service and Nexus Indexing, capture data from an invoice but stop short of fully coding an invoice. PredictAP is the only complete solution to address and automate both invoice indexing and coding for real estate AP.
Is PredictAP hard to learn?
No. It takes about 10 minutes to train someone new on PredictAP as it is very easy to learn. PredictAP simplifies the most frustrating part of invoice capture with a simple and friendly design that is quick to set up. The machine does most of the learning by analyzing your historical invoice data, so users don't need to memorize complex workflows or coding patterns.