The workflow automation company’s new InvoiceAgility+ is designed to use agentic artificial intelligence (AI) to provide end-to-end invoice-to-pay automation, combining things like global compliance and supplier connectivity into one solution, per a Wednesday (Sept. 30) news release.
“Most organizations already run complex invoice operations,” Tungsten said in a news release. “Volumes keep rising, mandates keep changing, and suppliers send invoices in multiple formats across multiple channels. Traditional tools and manual checkpoints struggle to keep pace, creating delays, errors, and limited visibility.”
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The company said InvoiceAgility+ addresses these challenges by looking at invoice-to-pay as a continuous process. It pulls invoices from things like email or portals, turning them into “AI-ready” data and guiding them “through matching, coding, validation, approvals, and payment orchestration with a consistent logic layer on top,” the release added.
“InvoiceAgility+ gives AP and finance leaders control over what gets paid, to whom, and on what terms,” said Danielle Weinblatt, Tungsten Automation’s chief product officer.
“You set the policy, and the work routes itself to the right approver, the right supplier, the right payment rail. What used to take a week of chasing now takes a morning of oversight. And because every invoice, approval, and payment runs on one platform, you stop reconstructing your cash position after the fact and start seeing it as it forms.”
The launch of InvoiceAgility+ is happening at a moment when accounts payable (AP) technology is “being judged on how well it connects to the systems businesses already use, giving developers, IT teams and implementation specialists a larger role in payment-platform decision,” as PYMNTS wrote last week.
The PYMNTS Intelligence Tracker “Who Decides Now: How Developers and Tech Teams Are Reshaping the Future of AP Payments” in July found that trouble integrating with existing systems was the top AP automation concern after cost.
Forty-nine percent of finance leaders mentioned integration troubles, compared to 50% for cost. Close to 40% of respondents also pointed to integration and implementation concerns as their biggest challenge with autonomous AP initiatives.
“The pressure was visible in day-to-day AP operations,” the report added. “Although 89% of organizations reported at least partial AP automation, half still processed more than 5,000 invoices per month through workflows that were not fully automated. Gaps between systems can require manual intervention and erode the efficiency that automation is supposed to deliver.”
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