Miletos Launches AI SaaS "SAPPHIRE Invoice Payment" to Automate Finance Decisions with Generative AI

Miletos has officially launched a new AI SaaS product, "SAPPHIRE Invoice Payment," designed specifically for managing invoice payment operations in corporate finance. By leveraging generative AI, the tool goes beyond extracting data from invoices and can now identify invoice senders and perform contextual cross-checks across related documents automatically.

Unlike traditional solutions that stop at AI-OCR, this platform uses AI to understand the relationships between invoices, purchase orders, and delivery notes. It evaluates their semantic alignment and alerts users when inconsistencies are detected. This eliminates the need for manual visual checks and reduces the chances of human error.

Large enterprises often deal with thousands of invoice transactions monthly, facing challenges such as heavy workloads, compliance with J-SOX regulations, and risks of fraud. The SAPPHIRE Invoice Payment tool addresses these pain points by offering a fully automated pipeline that balances operational efficiency, accuracy, and governance.

The product builds on Miletos’s earlier experience in expense reimbursement automation. Its unique strength lies in applying that expertise to the invoice payment process, particularly in tasks that require judgment and contextual understanding.

SAPPHIRE Invoice Payment provides a modern SaaS platform capable of harmonizing efficiency, quality control, and compliance through a smart blend of AI and human oversight. Miletos plans to continue innovating the back-office processes of large organizations by integrating advanced AI solutions for deeper transformation.

source : https://www.xpley.com/ja/news/news285