indico

Indico is a workflow automation platform designed to handle document-heavy business processes, especially around billing and accounts payable. It uses machine learning to extract key data points from invoices, purchase orders, and receipts, then routes that data into your existing systems. The goal is to cut down on manual data entry and speed up payment cycles.

Indico integrates with popular ERP and accounting platforms like NetSuite, SAP, QuickBooks, and Microsoft Dynamics. It supports document ingestion via email, API, or manual upload. The platform uses a neural network trained on financial documents, so it can handle variations in invoice formats without needing templates. It also includes review workflows for exceptions and approvals.

The tool is built for finance teams in mid-sized to large organizations who deal with high invoice volumes. Indico offers a cloud-based SaaS model with usage-based pricing. It was founded in 2013 and is based in Boston, Massachusetts. Notable customers include large enterprises in manufacturing and healthcare.