Levelpath launched Invoice Automation, a new capability that streamlines invoice processing by linking every invoice to its sourcing, supplier, and contract context inside one platform.
“Procurement teams negotiate value, and finance teams approve the spend, but without shared visibility, companies can’t verify whether they are paying negotiated rates or catching duplicates. The disconnect costs companies millions, and we are closing that gap. Levelpath makes that question answerable for every payment," says Alex Yakubovich, co-founder and CEO of Levelpath.
Key takeaways:
· Levelpath Invoice Automation matches every invoice to supplier entities, contract and PO data, and sourcing history through the Supplier System of Record, ensuring each invoice carries the full commercial and operational context needed for accurate financial and procurement decision-making.
· Levelpath Invoice Automation software places invoices inside the same AI-native platform that houses sourcing events, contract metadata, supplier hierarchies, and business rules. Then Levelpath’s Invoice Matching Agent verifies invoices against purchase orders to ensure accuracy. This unified approach transforms invoice automation from isolated payment processing into an intelligent, efficient workflow that protects negotiated value and ensures contract compliance throughout the entire invoice lifecycle.
· Built on Levelpath's Supplier System of Record, Invoice Automation ensures that each invoice inherits its full commercial and operational context from the moment it arrives.
· Levelpath ensures that invoices reflect contracted terms, supplier obligations, and negotiated pricing, which improves forecast reliability and strengthens overall financial governance.
- The Invoice Matching Agent proactively flags pricing discrepancies, incorrect rates, and contract violations by comparing invoice details against sourcing data, rate cards, and SLAs, preventing costly errors before payment.
- Invoices move through a complete workflow from submission to approval to payment readiness. Every action in Levelpath is recorded in an activity timeline that documents alignment with company policies and supplier performance expectations.
