Verto, a global B2B payments platform, has rolled out a new accounts payable feature designed to automate invoice payments, slash processing errors, and streamline cross-border finance operations.
Why it matters
Managing international invoices — especially across multiple currencies — is time-consuming, error-prone, and costly. Verto’s integration into its Verto Accounts product aims to eliminate these pain points for businesses operating at scale.
How it works
- Automated data extraction pre-fills payment forms, reducing manual entry and human error.
- Direct invoice payments from uploaded files speed up processing.
- 49-currency support simplifies global transactions.
- Intelligent beneficiary matching improves tracking and financial visibility.
The big picture
Finance teams juggling large invoice volumes, particularly in Africa and other global markets, face two key hurdles — complex foreign exchange navigation and repetitive admin tasks. Verto’s new tool addresses both.
“This frees up time and mental energy, allowing finance teams to focus on strategic initiatives like performance analysis, forecasting, and better decision-making,” said Tomasz Bilakiewicz, Product Director at Verto.
By the numbers
Automating accounts payable processes saves businesses ~9.9 hours per week — over 500 hours a year, according to recent industry data.
What’s next
The accounts payable solution is available globally to all Verto customers via Verto Accounts, with full integration into the company’s Exchange Now feature.
Learn more about other African tech startups on Labari Insights, our data repository for tech in Africa: insights.techlabari.com
