Xtract automates the handling of purchase invoices, from receiving and reading them to approval, reporting, and posting them to accounting systems. It can read PDF invoices across layouts, countries, and languages, including their line items and taxes. Invoices can be assigned automatically to approvers, with reminders sent through the approval workflow. To post approved invoices, teams can use Xtract APIs or export a flat file for ERP import; named integrations include SAP, Oracle, Microsoft Dynamics 365, QuickBooks Online, Odoo, and NetSuite. Xtract generates invoice reports and can connect purchase information to dashboards such as Power BI and Tableau. Its expense app lets teams upload expenses for administrator approval, reimbursement, and ERP posting, and is available on iOS and Android. The cloud service requires no administration download. Xtract also offers accounting firms client account divisions and bookkeeping features. Pricing is on request, and product pages offer a free trial by contacting sales; no trial duration is stated.
Who it is for
Xtract suits organizations that need to automate purchase-invoice processing and approval, and accounting firms seeking client account divisions and bookkeeping features.
What is good
- Reads PDF invoices across layouts, countries, and languages.
- Automatically assigns approvers and sends reminders.
- Posts through APIs or ERP-importable flat files.
- Expense app supports approval, reimbursement, and ERP posting.
- Offers conditional routing, audit trails, and mobile approval.
What to know first
- Pricing is available only on request.
- A free trial requires contacting sales; duration is unstated.
- Support is listed weekdays, 8:00 to 20:00.
Verdict
Xtract covers invoice intake, approval, reporting, and accounting-system posting, with an expense app alongside its core workflow. Buyers should request pricing and contact sales to arrange the trial.
Compared on invoice approval software
- Conditional routing
- Yes
- Approval audit trail
- Yes
- Mobile approval
- Yes
