Account Payables Automation with Multi-Bank Payouts & ERP Sync

Account Payables Automation

Built for modern enterprises to automate approvals, manage vendors, track ITC, and pay via 16+ connected banks

Account Payables Automation with
Multi-Bank Payouts & ERP Sync

Built for modern enterprises to automate approvals,
manage vendors, track ITC, and pay via 16+ connected banks.

Open Financial Technologies,

Tower 2, 3rd floor, RGA Tech Park, 

Sarjapur Road, Bengaluru,

Karnataka - 560035

Let's talk

Connect with our experts.

letstalk@open.money

Open Financial Technologies,
Tower 2, 3rd floor, RGA Tech Park, Sarjapur Road,
Bengaluru, Karnataka - 560035

© 2025 Open Financial Technologies Private Limited

Open Financial Technologies,

Tower 2, 3rd floor, RGA Tech Park, 

Sarjapur Road, Bengaluru,

Karnataka - 560035

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Let's talk

Connect with our experts.

letstalk@open.money

Open Financial Technologies,
Tower 2, 3rd floor, RGA Tech Park, Sarjapur Road,
Bengaluru, Karnataka - 560035

Let's talk

Connect with our experts. letstalk@open.money

Frequently Asked Questions (FAQs)

Built for Complex Payables.

Backed By

Ready to automate your payables? Speak with an expert today.

Experience connected banking, unlimited approvals, vendor management, and ERP sync — all in one AP platform built for enterprises.

99%

Payout accuracy
with connected banking

1200+ hrs

Saved annually per company

Talk to an expert

AP Automation

with Multi-Bank Payouts & ERP Sync

Backed by the Best. Built for Trust.

OPEN adheres to the highest security and compliance standards.

3.5M+

Trusted by

businesses

$ 35B+

Processes

transactions annually

16

20

/

Connected with

top banks in India

Why enterprises choose OPEN

Skip the spreadsheets.

Take control of your payables.

How it works

From Invoice to Payout —

Fully Automated

AP Automation

Why enterprises choose OPEN

Skip the spreadsheets. Take control of your payables.

Mobile Horizontal Scroll Section

Auto-capture and validate invoices

Fetch bills via email, ERP, or upload, with OCR to extract and verify details instantly.

Route bills via multi-level approval workflows

Customize unlimited approval stages by amount, department, or vendor.

Track vendor compliance and GST health

Monitor filing status in real time to flag risky or non-compliant vendors.

Pay from connected bank accounts

Directly from your connected bank accounts — Skip payment files and process payouts from 16+ linked banks.

Sync with your ERP and auto-reconcile

Push payment updates and journal entries back for clean, audit-ready books.

How it works

Connected Banking for

Link existing business accounts from 16+ leading banks
to make payouts directly from OPEN, no file uploads,
no manual bank portal logins. View live balances,
schedule bulk or recurring payouts, and handle multi-bank operations from one dashboard.

ERP Sync and Reconciliation

Connect to Tally, Zoho Books, MS Dynamics, and more
to keep bills, vendor data, and payment status perfectly aligned. Automatically reconcile transactions, push journal entries back to your ERP, and map GL codes and cost centers to maintain clean, audit-ready books.

Ready to automate your payables? Speak with an expert today.

Onboard vendors in minutes through link-based submissions or simple uploads, then validate GSTIN, PAN, and MSME eligibility directly from government databases. Keep unlimited records with complete transaction history, documents, and compliance status — all in one place.

99%

Payout accuracy
with connected banking

1200+hrs

Saved annually
per company

Book a Demo

Mobile First Section

Upload Bills

Import invoices via email, manual entry, or ERP.

✓
Our OCR reads and categorizes line items instantly.
✓
Detect duplicates
✓
Auto-tag by vendor, project, or cost center

Approvals

Define workflows based on amount, department, or vendor.

✓
Multi-level approvals
✓
Role-based routing with audit trail
✓
App and email notifications

ITC Checks

Make payout decisions based on vendor GST health and ITC eligibility.

✓
Auto-match GSTR 2A/2B with purchase register
✓
Set rules to block or defer non-compliant payouts

Pay via Connected Banking

Skip payment files. Use your existing current accounts to pay directly.

✓
Support for UPI, NEFT, RTGS, IMPS
✓
Bulk, scheduled, or vendor-specific payouts
✓
View live bank balances

Reconcile with ERP

Auto-sync payment status and journal entries back to your ERP.

✓
Reverse sync to mark bills as paid
✓
Clean, audit-ready ledgers

From Invoice to Payout — Fully Automated

Instant Payouts

Real Estate & Construction

Track project-wise payouts, automate vendor-heavy processes, and manage site-level approvals.

Restaurants & Hospitality

Simplify multi-location vendor payments, maintain compliance, and manage GST effortlessly.

Manufacturing

Maintain complete control over factory-level procurement, vendor reconciliation, and ERP sync.

Tech Startups (B2B & D2C)

Automate payables at scale, manage vendor risk, and stay audit-ready while you grow.

Trusted Across Industries.

Connected Banking for Instant Payouts

Link existing business accounts from 16+ leading banks to make payouts directly from OPEN, no file uploads, no manual bank portal logins. View live balances, schedule bulk or recurring payouts, and handle multi-bank operations from one dashboard.

End-to-End Vendor Management

Onboard vendors in minutes through link-based submissions or simple uploads, then validate GSTIN, PAN, and MSME eligibility directly from government databases. Keep unlimited records with complete transaction history, documents, and compliance status — all in one place.

ERP Sync and Reconciliation

Connect to Tally, Zoho Books, MS Dynamics, and more to keep bills, vendor data, and payment status perfectly aligned. Automatically reconcile transactions, push journal entries back to your ERP, and map GL codes and cost centers to maintain clean, audit-ready books.

Built for Complex Payables. Trusted Across Industries.

Real Estate & Construction

Track project-wise payouts, automate vendor-heavy processes, and manage site-level approvals.

Restaurants & Hospitality

Simplify multi-location vendor payments, maintain compliance, and manage GST effortlessly.

Manufacturing

Maintain complete control over factory-level procurement, vendor reconciliation, and ERP sync.

Tech Startups (B2B & D2C)

Automate payables at scale, manage vendor risk, and stay audit-ready while you grow.

End-to-End Vendor Management

Onboard vendors in minutes through link-based
submissions or simple uploads, then validate
GSTIN, PAN, and MSME eligibility directly from government databases. Keep unlimited records with complete transaction history, documents, and compliance status — all in one place.

Animated Tabs Section

What is AP automation? ▼

AP automation refers to the use of software to digitize and streamline the accounts payable process, including bill capture, approvals, payments, and reconciliation.

How does OPEN automate accounts payable? ▼

Invoices are fetched > verified > routed for approvals > paid via linked banks > and reconciled with your ERP. No manual work needed.

How do you automate an AP process or approval workflow? ▼

You can define rules for bill approvals based on amount, vendor, or department. The system automatically routes bills and captures approval/rejection logs, reducing follow-ups and ensuring compliance.

How do you choose AP automation software for your business? ▼

Look for solutions with strong ERP integrations, connected banking, secure customizable workflows, vendor management tools, and real-time visibility, just like OPEN.