AI-Powered Invoice Reconciliation Platform
Eliminate manual invoice processing forever. QuickRecon uses advanced AI to automatically extract, match, and reconcile financial data - saving finance teams 20+ hours per week while reducing errors by 95%.
Estimated Valuation
Monthly Revenue Potential
Target Businesses
Ready for Market
Intelligent automation that transforms invoice reconciliation from hours to minutes
QuickRecon is an AI-powered SaaS platform that automates the entire invoice reconciliation process for mid-market and enterprise companies. Using machine learning and OCR technology, it extracts data from invoices, purchase orders, and receipts, then automatically matches and reconciles transactions - flagging discrepancies for human review. What takes finance teams days now takes minutes.
The accounts payable automation market is projected to reach $6.7 billion by 2028. With 80% of mid-market companies still manually processing invoices, QuickRecon targets a massive pain point that costs businesses billions in labor hours and errors annually. Every company with an AP department is a potential customer.
Comprehensive automation that handles 95% of reconciliation work
Advanced OCR and NLP extract invoice data with 98% accuracy - vendor names, amounts, dates, line items, tax, and more. Supports PDFs, scanned documents, and images. Learns from corrections to improve over time.
Intelligent algorithms match invoices to purchase orders and receipts across multiple criteria. Handles partial shipments, multi-line items, and complex matching scenarios. Reduces manual matching time by 90%.
Smart rules engine flags pricing variances, quantity mismatches, duplicate invoices, and fraudulent patterns. Configurable tolerance thresholds. Reduces financial errors by 95% and catches fraud attempts.
Process invoices from email, cloud storage (Dropbox, Google Drive), direct upload, or API integration. Handles 50+ invoice formats automatically. Works with international formats and multiple currencies.
Seamless integration with QuickBooks, Xero, NetSuite, SAP, and other accounting systems. Auto-sync reconciled data and reduce double entry. Pre-built connectors for top 20 ERPs.
Complete audit trail for compliance. Generate reconciliation reports, exception summaries, and vendor analysis. Export for CFO review and audits. SOC 2 compliant logging.
Smart workflow for handling exceptions. Route discrepancies to appropriate team members. Track resolution time and approval workflows. Escalation rules for aged exceptions.
Optional vendor self-service portal for invoice submission and status tracking. Reduces email back-and-forth by 70%. Vendors upload invoices directly, improving processing speed.
Built with cutting-edge AI and enterprise-grade infrastructure
Python provides the best AI/ML libraries for document processing and NLP. FastAPI delivers high-performance APIs for real-time processing. The ML models are continuously improving based on user corrections, making the system smarter over time. Infrastructure scales horizontally to handle enterprise volumes (100,000+ invoices/month).
Scalable pricing based on invoice volume with strong unit economics
Starter: $199/mo (up to 500 invoices)
Business: $499/mo (up to 2,000 invoices)
Professional: $999/mo (up to 10,000 invoices)
Enterprise: Custom pricing (10,000+)
Alternative model: $0.25-$0.75 per invoice processed. Ideal for companies with fluctuating volumes or seasonal businesses. Higher margins on lower volumes, scales with customer growth.
One-time setup fee: $500-$2,500 depending on complexity. Includes ERP integration, data migration, custom rules configuration, and team training. 60% gross margin.
Vendor portal ($99/mo), Advanced analytics ($149/mo), Custom ML model training ($299/mo), Dedicated support ($499/mo), API access ($249/mo)
With just 75 customers averaging $599/month:
$539,100 ARR
Plus setup fees ($75K first year) and add-ons (30% take rate = $162K). Conservative estimate: $300K-$500K ARR within 18 months with B2B sales team.
High-value B2B customers with clear ROI and strong retention
Why QuickRecon beats legacy solutions and other startups
98% extraction accuracy vs 85-90% for competitors. Uses ensemble models combining multiple OCR engines and NLP. Continuous learning from corrections makes it smarter over time.
Go-live in 2 weeks vs 3-6 months for enterprise solutions. Pre-built ERP connectors and streamlined onboarding. No complex IT projects or consultants required.
70% cheaper than enterprise solutions like Tipalti or AvidXchange. More features than budget tools like Dext or Receipt Bank. Perfect middle-market positioning.
Intuitive interface that AP clerks love. Mobile-friendly for approvals on-the-go. Competitors use outdated 2010s-era interfaces. 90% user satisfaction vs industry average 65%.
Cloud SaaS, private cloud, or on-premise options. Competitors force cloud-only. Critical for regulated industries and international markets with data residency requirements.
Typical customer ROI in 3-4 months. Saves $40K-$120K/year in labor costs. Competitors can't show ROI or require 12+ month payback periods.
QuickRecon sits between expensive enterprise solutions ($50K-$500K/year) and basic receipt tools ($10-$50/month). We target the 200,000+ mid-market companies who need automation but can't afford or don't need enterprise complexity. This is the fastest-growing segment with least competition.
What you get when you purchase QuickRecon
Complete platform with AI models, integrations, and documentation
Based on development costs ($65K), AI model training ($15K), ERP integrations ($10K), and market validation. Conservative 2-3x projected first-year revenue multiple. With proper B2B sales execution, this platform can generate $300K-$500K ARR within 18 months, making the $95K asking price a 3-5x ROI opportunity.
Similar AP automation platforms with small customer bases sell for $500K-$2M. You're getting production-ready technology with proven AI models at 90% discount because it's pre-revenue. Perfect for SaaS entrepreneurs, accounting software companies, or PE firms rolling up fintech assets.
QuickRecon is a proven AI solution targeting a massive B2B market with clear customer pain points and strong unit economics. Perfect for tech entrepreneurs or established SaaS companies looking to expand their fintech portfolio.