Accounting automation software for lightning-fast accounting
Experience accounting automation like never before, coupled with super fast accounting integrations. Revitalize your accounting framework with direct integrations to leading accounting automation software.
Manual re-coding and lost transactions become obsolete – save time, improve accuracy, and reconcile books faster with intuitive accounting software for accounts payable process.
Trusted by finance teams at startups to enterprises.
Smart triggers
Automatically classify all of your transactions according to your chart of accounts as they occur. Add smart triggers that automatically fill in the transaction's accounting information. You may create triggers for vendors, cards, users, and budgets, giving you complete freedom.
Books of account close faster than ever
Configure rules and workflows into Volopay which automatically scans and categorizes payments as soon as they are processed. Eliminate time-consuming and repetitive manual accounting that is prone to human error with accounting automation that helps businesses close books 10x faster.
Ensure accuracy and precision with seamless integrations with some of the most widely-used accounting software
Real-time sync with increased visibility
Volopay offers a real-time sync feature to update expense reports to your master ledger automatically. We integrate with major accounting automation software such as Xero, Quickbooks, Deskera, and NetSuite.
Gain holistic visibility into all your transactions as soon as they occur.
Prepare & export expenses easily
Access the accounting inbox through a consolidated dashboard and label transactions by automating categorizations. Verify all transactions against bills, invoices, and receipts.
Create extensive expense reports at the click of a button, export them, and instantly sync them to your accounting automation software.
Faster expense and receipt reconciliation
Put an end to chasing paper-based receipts and emailed invoices. Access all payments and receipts from one unified platform.
Reconciling expenses is more convenient than ever with accounting software for accounts payable. Process reimbursements directly from the platform. In case of missing documentation, your employees receive automatic reminders.
Import chart of accounts for auto-categorizations
Automate categorizations for any vendor, category, user, department, card, and tax code by importing your chart of accounts and accounting triggers.
Simply set mapping rules and algorithms for every accounting field and Volopay will automatically classify, tag, and sync all future transactions to the general ledger.
Financial stack for business
No more switching between multiple bank accounts and tools to run your smart business. We have combined great software with every service you are using a bank for, to produce a state-of-the-art financial platform.
Empower your employees with physical and virtual cards
Manage and track every dollar that leaves your company
Open a global account with multi-currency payments.
Manage vendors, approve invoices and automate payments.
Save hours daily, and close your books faster every month.
Integrate with the all the tools and software that you use daily.
Learn more about our accounting automation
Volopay is an all-inclusive accounting software for accounts payable that integrates approvals, corporate cards, bill payments, expense reimbursements, and accounting automation into one streamlined platform.
Corporate cards
Allow each member of your team to have their own corporate card for easier expense monitoring. To ensure maximum transparency and accountability, create spending policies and multi-level permission for fund requests within the platform.
Virtual cards
Create unlimited virtual cards to pay for single-use and recurring payments. Use virtual cards for managing software subscription and save money by identifying unused and duplicate subscriptions. Block and freeze cards in case of fraudulent activities and safeguard company funds.
Vendor Payouts
Settling invoices through different payment methods is a complicated process. Switch to Volopay’s multi currency business bank account that lets your process domestic and international payments to both local and global vendors. Make cross-border B2B vendor payouts across 130+ countries at jaw-droppingly low FX charges.
FAQs on accounting automation
Volopay aids in the efficiency of time-consuming accounting by automating the entire process. You can quickly view ledgers and expense reports using the primary dashboard, and all transactions are logged in real time. In addition, all line-item data contains transaction-specific information connected to it (like invoices, receipts, and statements).
Data can be synced in both directions with any accounting integration you enable. This means that changes made in your expense management system are updated in your accounting system, but any modifications made in the accounting system are likewise updated in the expense management system.
We strictly adhere to all international and local data protection standards. Our systems and fund-storage mechanisms meet the Singapore financial regulations and legal standards of security. All data is saved in the cloud and accessible only through the dashboard. You may also add an extra layer of security by restricting access to sensitive data to only specific people.
Yes, when you generate a bill on Volopay, you can attach the invoice to it. The bill is then added to the automation cycle when the information are automatically filled in. Receipts and transaction data are connected to it as and when it is paid. When you set up accounting triggers, the tax codes and reconciliation information are immediately included, and it syncs with your accounting software. The entire procedure can be automated from start to finish.
Multi-currency transactions may certainly be handled by accounting automation software. Whether you're making an international transfer or using one of your multi-currency wallets, all of the information is transformed into data that your accounting software of choice can easily process.
Latest news & updates
Read up on snippets of the latest news and reports on accounting automation in Singapore.
Global RPA market valued at USD 1.6 billion in 2021, expected to grow at 35.9% CAGR and reach USD 25.1 billion by 2030. Adoption rate surges, finance and banking leads the market, followed by healthcare, manufacturing, retail, and others.
Business accounting tasks that you should keep in mind 1. Sales order process, 2. Purchasing, 3. Payroll, 4. Monthly closes, 5. Approval and task routing, 6. Travel reimbursement, 7. Expense reports, 8. Accounts payable
Accrual accounting for a business helps in understanding the industry standards of accounting, strategic planning, cash flow prediction, and GAAP compliance helps assess the company's accurate financial position.
The key features of vendor management software Include 1. Vendor onboarding 2. Data analysis 3. Employee engagement 4. Strategy and aid 5. Software Integrations 5. Risk assessment 6. Compliance payment automation.
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