Ocerra Discount - Up to 30% off
Take away the headache of invoice data entry, reduce costs and increase visibility of accounts payable process using OCR and AI.
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Accounts Payable SoftwareWhat is Ocerra?
Ocerra is an accounts payable automation tool designed to eliminate manual invoice data entry, reduce costs, and enhance visibility into the accounts payable process through the use of Optical Character Recognition (OCR) and Artificial Intelligence (AI). Key features include built-in accounting capabilities, aging tracking to categorize unpaid invoices, approval process control for document evaluation, duplicate payment alerts, invoice processing from creation to payment execution, and purchase order reconciliation to align purchase orders with incoming invoices and receiving reports. Ocerra offers a free trial and is priced at NZ$45 per user, per month.
Based on the available information, here are six key features of Ocerra:
- Automated invoice data extraction
- Configurable approval workflows
- Real-time accounts payable insights
- Seamless accounting system integration
- Enhanced fraud protection measures
- Comprehensive purchase order management
Eligibility
Number of Seats/Users: Ocerra offers discounts based on the number of users or seats. A higher volume typically leads to a better discount structure, especially for enterprise-level usage.
Commitment to a Long-Term Contract: Discounts are often provided to companies that commit to using the service for a longer period (e.g., 1-year or 3-year contracts). A longer commitment shows Ocerra that the company is serious and willing to invest in the platform long-term.
No Active Discounts: Companies that are not already receiving other active discounts may have a better chance of qualifying for additional discounts from Ocerra. Ocerra reserves discounts for new customers or those not currently under promotional pricing.
Volume or Usage Commitment: Ocerra offers discounts if you agree to a minimum amount of usage or transaction volume. This could be based on data storage, transactions, or other metrics tied to how much you will use the platform.
Enterprise-Level Negotiation: Companies that qualify as “enterprise” due to their size or complexity (e.g., having large teams, multiple departments, or geographical presence) may be eligible for additional discounts from Ocerra. Such companies are often in a position to negotiate for better pricing.
Early Renewal or Prepayment: Ocerra often offers discounts if you renew early or prepay for the entire contract period. This is a common approach to securing a lower price.
Ocerra - Up to 30% off
Reviews
Here at Spendbase, our internal data shows that clients have shared valuable insights about Ocerra’s performance and features. Here’s a summary of their feedback:
Key Benefits Highlighted by Spendbase Clients:
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Significant Time Savings: Clients report a reduction in accounts payable data entry time by at least 80%, allowing teams to focus on more strategic tasks.
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Enhanced Accuracy and Visibility: The automation of invoice processing has led to fewer errors and improved tracking capabilities, making audits and supplier communications more efficient.
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Reliable System Performance: Clients appreciate Ocerra’s consistent uptime and dependable functionality, ensuring smooth daily operations.
Notable Features Appreciated:
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Seamless Integration with Accounting Systems: Ocerra’s compatibility with platforms like MYOB Advanced has streamlined workflows and reduced manual data entry.
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Automated Approval Processes: The ability to approve invoices online has expedited the approval cycle, especially beneficial for remote team members.
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User-Friendly Interface: Clients find the platform intuitive, making the transition to automated processes smoother.
Areas for Improvement:
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Mobile Accessibility: While Ocerra offers mobile access primarily for approvers, some clients desire a more comprehensive mobile experience for all functionalities.
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Customization Options: A few clients have expressed interest in more customizable features to better align with their unique business processes.
Implementation and Support:
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Efficient Onboarding: Clients have praised the swift and straightforward implementation process, with some noting that it was faster than anticipated.
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Responsive Support Team: The support provided during and after implementation has been highlighted as prompt and helpful, ensuring any issues are quickly addressed.
In summary, our internal data indicates that Ocerra has been instrumental in transforming accounts payable processes for many of our clients, offering substantial time savings, improved accuracy, and reliable performance. While there are areas for enhancement, the overall feedback underscores Ocerra’s value in streamlining financial operations.
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FAQ
1. What is Ocerra?
Ocerra is an AI-powered accounts payable automation solution that eliminates manual data entry and streamlines invoice processing.
2. How does Ocerra handle invoice data extraction?
Ocerra automatically extracts data from invoices, including detailed line-item descriptions and purchase order matching.
3. Can Ocerra integrate with my accounting system?
Yes, Ocerra seamlessly integrates with accounting systems like MYOB and Xero, exporting invoices directly for payment processing.
4. Does Ocerra support multi-company setups?
Yes, Ocerra supports multi-company configurations, allowing you to manage invoices across different entities efficiently.
5. Is there a limit to the number of users in Ocerra?
No, Ocerra offers unlimited user access at no extra cost, with permission-based roles for enhanced security.
6. How does Ocerra handle discounts and freight charges on invoices?
Ocerra captures discounts and freight charges from invoice summaries, assigning them to appropriate GL accounts during export.
7. What are the pricing plans for Ocerra?
Ocerra offers plans based on invoice volume, starting from $49/month for up to 150 invoices, with no hidden costs.
8. Does Ocerra offer a free trial?
Yes, Ocerra provides a free trial to help you evaluate its features and benefits before committing to a subscription.
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