Routable Launches Predictive Bill Coding to Automate Invoice Processing

Routable, a leader in accounts payable automation, unveiled its latest AI innovation—predictive bill coding—at the Sage Future conference in Atlanta. This powerful new feature advances Routable’s end-to-end invoice automation capabilities, enabling a near-touchless experience for finance teams.

1. Addressing Long-Standing OCR Limitations

Traditional Optical Character Recognition (OCR) has often failed to meet finance teams’ expectations.
Routable’s AI enhancements push past these limitations, using machine learning to deliver higher accuracy and automation.
The goal is to reduce reliance on manual data entry and streamline AP operations.

2. What Predictive Coding Offers

For PO-backed invoices, Routable inherits PO codes to automate coding with minimal intervention.
For non-PO invoices, AI predicts coding—including line-item level detail—based on past patterns.
AP professionals only need to review and confirm predictions, enabling a fast and efficient workflow.

3. Continuous Learning and Customization

Incorrect codes can be corrected manually, training the AI for better future predictions.
Users can also retrain OCR functionality to improve its recognition accuracy for recurring invoice formats.
This feedback loop allows the system to get smarter with each use, adapting to unique business needs.

4. Enhanced Fraud Prevention as a Foundation

This release follows Routable’s earlier AI-powered invoice fraud prevention tool, which uses machine learning and generative AI to flag anomalies.
Predictive coding builds on this secure foundation, offering efficiency without compromising control.

5. Industry Response and Use Cases

Brandt Kucharski, CAO at Ethos, highlights the innovation:
“Predictive coding picks up where OCR leaves off, for a fully automated invoice capture and processing experience.”
Companies can expect faster invoice approvals, fewer manual errors, and increased scalability in finance operations.

Routable’s predictive bill coding marks a major advancement in AP automation, transforming how finance teams process invoices. By combining machine learning, OCR improvements, and fraud prevention, Routable delivers a smarter, faster, and more accurate approach to invoice management—ushering in a new era of intelligent financial operations.