Neika Suresh
Founder
ProcIndex
ProcIndex provides AI‑driven agents that automate accounts payable, receivable, and reconciliation directly within existing ERP systems, capturing invoice data, validating it, and routing approvals without manual entry. The platform continuously matches bank transactions to invoices, manages vendor communications, and offers configurable controls and audit trails to accelerate month‑end close for finance teams.
- Artificial Intelligence
- AI Agents
- Enterprise Software
- Financial Technology
Updated 6 months ago
Funding
Raised to date
$500KRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Scott Joh
Co‑Founder
Product
Problem
Accounting teams spend extensive time on manual invoice data entry, chasing approvals across email and chat, and copy‑pasting between spreadsheets and ERP systems, which prolongs month‑end close to weeks.
Solution
ProcIndex deploys AI‑driven agents that operate directly inside existing ERP environments to automate accounts payable, accounts receivable, and reconciliation workflows. The platform captures invoice data from any source, validates it, and routes approvals with built‑in auto‑escalation, eliminating manual entry. Continuous reconciliation matches bank transactions to invoices, auto‑categorizes entries, and flags exceptions in real time. Vendor management agents handle supplier communications and document collection around the clock. Integration is achieved via API with major ERPs (SAP, Oracle, NetSuite, Dynamics 365, QuickBooks, Sage, etc.) without data migration or downtime, and the solution provides enterprise‑grade auditability and SOC 2 Type II compliance.
Target Audience
Primary customers are finance and accounting teams—CFOs, AP/AR specialists, and reconciliation analysts—in mid‑size to large enterprises that rely on major ERP systems for their financial operations.
Features
- AI‑powered AP agent that auto‑captures invoices, validates data, and routes approvals with configurable escalation rules
- Reconciliation agent that matches bank transactions to invoices, auto‑categorizes, clears exceptions, and flags discrepancies in real time
- Vendor management agent that automates supplier communications, follows up on missing documents, and maintains up‑to‑date vendor records 24/7
- Native ERP integration via API for SAP S/4HANA, Oracle ERP, NetSuite, Dynamics 365, QuickBooks, Sage, and others, requiring no data migration or system downtime
- Enterprise‑grade audit trail and SOC 2 Type II compliance ensuring full traceability and control over automated actions
- Month‑end close agent that drafts support schedules, rolls forward reconciliations, escalates blockers, and compresses the close cycle from weeks to days
- Guardrails and configurable controls that keep agent actions within defined financial policies while operating autonomously