Procure - Yokoy - Pay
Get your invoices, POs, and Delivery Notes directly in Yokoy, for automated read-out, validation, approval, and posting to your ERP system.
GDPR compliant. ISO 27001, ISO 9001, and ISO 14001 certified
Full visibility and control in P2P
Yokoy connects with your procurement and ERP systems, streamlining your procure-to-pay process with the power of AI.
Consolidate processes
Integrate Yokoy with your procurement tool and ERP system and let AI do the rest. Streamline your process with end-to-end automation and custom workflows.
Reduce errors and exceptions
Automatically capture, match, validate, and approve invoices. Yokoy’s AI flags anomalies in real time, so you can focus on exceptions, not on fixing errors.
Pay suppliers faster
Keep your suppliers happy and ensure timely payments with clear governance, custom approval flows, and automated AP/GL posting.
Streamline your procurement
Connect your procurement software with Yokoy’s accounts payable solution to get all your approved POs, goods receipts, and delivery notes directly in Yokoy. We do the rest.
Fully automate your invoice processing
Eliminate manual processes and cut invoice processing costs. Receive invoices from your suppliers directly in Yokoy, and automate the entire process from data extraction to validation and authorization.
Automated invoice capture
Automatically capture invoices in different formats – physical, digital, or e-invoices – with the power of AI technology. Yokoy handles complex setups across geographies and currencies.
Automated matching and validation
Eliminate manual work and achieve full accounts payable automation. Yokoy’s AI automatically codes, routes, and matches invoices, POs, and Delivery Notes, validating the invoices based on company internal policies and country specific requirements.
Custom workflows and approval flows
Yokoy automatically identifies all necessary approvals required to authorize a payment, reducing manual invoice approvals. Based on the matching status, invoices can still go through a dynamic approval flow for checks.
Reduce risks and stay compliant
Avoid paying a supplier twice through automated detection of duplicates, and prevent fraud with the power of AI. Yokoy flags anomalies and errors in real time, reducing risks and keeping you compliant.
Close your books faster
Pay suppliers in time, at scale, and close your books faster. Yokoy integrates seamlessly into your ERP system, where the approved invoice is booked and automatically paid out in the next payment run.
Drive savings to the bottom line
Take full control of your global spend and know what you’re spending and where your savings opportunities lie with Yokoy’s analytics capabilities. Yokoy delivers quick ROI, so you can save while spending.
What our customers say
E-invoicing partners
Full e-invoicing support
Achieve 100% digital invoices, enable touchless invoice processing, and stay compliant with e–invoice regulations. Through our partners, Yokoy enables end-to-end P2P and AP automation.
Procurement partners
Built for complex P2P processes
Yokoy is built for global companies with multiple entities and complex procure-to-pay and AP processes. Through our partners, we ensure end-to-end P2P automation, without sacrificing flexibility or safety.
Main features
Get to know our procure-to-pay solution.
Multiple invoice formats
Keep processes simple and use one central platform for all your invoices – paper-based and e-invoices. Yokoy supports most invoice formats through our partnerships.
Smart line-item coding
Speed up invoice processing by letting AI do the work. Yokoy automatically assign a GL account prediction for each invoice document.
Automated matching
Yokoy performs 2- and 3-way invoice matching by importing procurement data from your ERP system and automatically detects anomalies, so you can take action in real time.
Automated compliance checks
Yokoy automatically performs validation on invoice documents by checking if the invoice is a duplicate and if payment data is up to date with the one imported from the ERP.
Custom work- and approval flows
Map out your invoice workflows, define approvals through cost objects, suppliers, or line managers, and set exception handling rules. Unlock true purchase-to-pay automation without sacrificing governance.
Real-time data analytics
Stay on top of your business spend with real time spend analysis. Monitor approval workflows in real time, in one central dashboard, to limit maverick spend, uncover cost savings opportunities, and take timely action.
Process invoices across devices
With Yokoy’s intuitive design, all invoice details are available at a glance and at your fingertips, regardless of which device you use, for a consistent user experience.
Flexible API integrations
Yokoy comes with pre-built connectors for the main procurement solutions and ERP systems, offering an intuitive API, so you can remove system and data silos.
Streamline your IT landscape
Yokoy’s API facilitates seamless integrations with enterprise-level systems for end-to-end automation across entities and geographies.
Stay safe, with the highest security standards
Yokoy is engineered for security and committed to information protection. We are ISO 9001, ISO 14001, and ISO 27001 certified, and GoBD and GDPR compliant.
Simplify your spend management
The Yokoy impact
See how we contribute to our customers’ success stories.
Frequently asked questions
Yokoy Expense and Yokoy Invoice can be purchased separately, however Yokoy Pay is not available without also purchasing Yokoy Expense. Using the full suite provides greater benefits, as you can manage your expenses, invoices, and card payments in one central platform, and you can reduce system and data silos by simplifying ERP integrations.
Yes, Yokoy integrates with more than 50 solutions, automating your entire spend management process from end to end. At the same time, our API makes it easy to build custom integrations, if you can’t find what you’re looking for. Check our Integrations page for more details.
Yes, although we serve both midsize and large customers, Yokoy’s added value is best experience by global enterprise customers. Our suite is built for complex, global multi-entity configurations, and integrates with most enterprise ERP & HRM tools such as SAP R3/S4 and Successfactors, among others.
This depends on the number of legal entities, the required configurations and integrations, as well as the readiness and responsiveness of the customer project team. For example, a global implementation with 4 legal entities, an ERP system integration, credit card integrations, and SSO setup could take from 2 to 6 months, depending on the level of standardization, the IT landscape and on how quickly required information can be provided. The project scope and duration will be individually assessed with you, by our certified Implementation Partner or our Yokoy Services Team.
We work with a number of qualified and certified partners who will lead the project from planning to implementation and testing, and will coordinate training workshops for your team. Global enterprise customers benefit from a dedicated Key Customer Success Manager, and can have the option of engaging our in-house experts for best practice consulting.
Data protection is a top priority at Yokoy. Your data is encrypted both in transit i.e. from your device to Yokoy and at rest in the cloud with a 256Bit AES encryption. Our cloud data is stored exclusively in the EU (Frankfurt, and St. Ghislaine, Belgium). Information about the security of the Google Cloud Data Center can be found here and about the compliance standards we follow can be found here. Last but not least what we as Yokoy do for data security and data protection can be found here.
Given that no two setups are the same, we’ll discuss your specific needs during the sales process, and provide you with a tailored offer that ensures you’ll get the most out of our spend management suite.
Let AI do the work
Gain full visibility and control over your business spend with AI-powered automation.