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Decision Engines

Founded 2017 · 12 employees on LinkedIn · 2 known investors

Decision Engines builds AI-driven automation products for enterprise finance, procurement, and legal teams, including invoice capture and AP workflows (InvoiceIQ), contract intake and obligation tracking (ContractIQ), and a conversational finance data assistant (ConverseIQ). Its platform functions as an enterprise knowledge graph that unifies data across finance, AP, sales, and procurement to support process automation and decision-making.

Also known as Decision Engines Inc

Investors · 2

Company profile

researched Aug 2026

Decision Engines is a software company offering a cloud platform that applies generative AI, large language models trained on customer data, and intelligent process automation to enterprise finance, procurement, sales and legal workflows. The company describes itself as operating since 2017 and states SOC 2 Type II compliance and support for private LLM deployments.

The platform is organized into four products. InvoiceIQ handles AI-driven invoice capture, GL coding, multi-level approval workflows, line-item handling, statement credit and credit-memo reconciliation, an AP service desk for vendor queries, duplicate and fraud risk scoring, and ERP integration with SAP, Oracle and NetSuite. ContractIQ covers contract intake, clause and field extraction, obligation tracking, renewal alerts, risk flagging, legacy contract migration to modern CLM systems, contract digitization into a searchable repository, and enforcement links to AP and AR systems, working across PDF, Word, image and Excel formats. ConverseIQ is a conversational assistant for finance and procurement queries, exception handling, contract intelligence and natural-language report generation, with role-based access scoping answers per user. DecisionIQ provides intelligent process automation across finance, procurement and sales functions such as supplier selection, lead prioritization, forecasting and RFP creation.

Positioned by the company as an enterprise knowledge graph, the platform uses app connectors to link existing business applications while enforcing data-source permissions, and offers hosting options aligned to a customer's data and security policies.

Business model

Decision Engines sells a self-service cloud software platform to enterprises, with configurable connectors to existing applications and hosting options aligned to customer data and security policies; deployment options include private LLMs.

Latest developments

The company markets four products — InvoiceIQ, ContractIQ, ConverseIQ and DecisionIQ — with generative AI, private LLM and SOC 2 Type II positioning, and lists InvoiceIQ on the SAP Store as a touchless AP automation offering integrated with SAP. Product roadmap items highlighted include advanced line-item handling, enhanced reconciliation and a DRC compliance rollout.

Full profile — market position, technology, go-to-market, geography, history

Market position

Decision Engines positions itself as a globally recognized provider of an AI-driven self-service cloud platform for finance operations, spanning AP automation, contract lifecycle management and conversational finance analytics in a single platform.

The company emphasizes a single platform spanning AP automation, contract management and conversational finance analytics rather than point solutions, built on an enterprise knowledge graph that unifies data across finance, procurement and sales, with private LLM options, permission-aware connectors and flexible hosting for enterprise security requirements.

Technology

The platform combines generative AI and large language models trained on customer data with machine learning and process automation. It builds an enterprise knowledge graph that links data across diverse enterprise sources, extracting and interpreting raw data for automated processing and decision-making. Capabilities include document digitization across PDF, Word, image and Excel formats, clause and field extraction, automated GL coding, AI risk scoring, and app connectors that enforce source-system data permissions. The company states SOC 2 Type II compliance and offers private LLM deployment.

Go-to-market

Direct sales through demo requests on the company website, supported by a technology partner ecosystem and distribution via the SAP Store, where Decision Engines Inc lists InvoiceIQ as an SAP-integrated AP automation product.

Enterprise finance, accounts payable, procurement, legal and sales teams, including organizations running SAP, Oracle or NetSuite ERP systems.

Geography

The company describes global operations, including AP automation for global paper invoices and DRC compliance rollout.

History

The website states the company has been operating since 2017.

Compiled by commissioned research from 4 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Cash flow visibility accuracy with under 2-day cycle time (company-stated)Jan 202595%
Contract clause and field extraction accuracy (company-stated)Jan 202590%
Invoice digitization accuracy (global paper invoices, company-stated)Jan 202585%+
Reduction in payment delays, duplicate payments and fraud (company-stated)Jan 202590%
Touchless invoice processing rate (company-stated)Jan 202575%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 7

by search overlap
Netezza92 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Super Annotate35 shared keywordsSuperAnnotate is a data platform used to build, manage, and refine training data for AI and machine learning models. It is positioned as a data pipeline partner for teams developing AI systems.
Tipalti30 shared keywordsTipalti offers an AI-powered finance automation platform that handles global accounts payable, payments, procurement, expenses, and treasury operations for businesses. It supports cross-border payments to over 200 countries in 120 currencies and integrates with ERPs, accounting systems, and other business tools, serving industries such as adtech, e-commerce, gaming, healthcare, and software.
Encord28 shared keywordsEncord provides a data platform for developing and deploying multimodal AI systems, serving AI development teams at scale across training and production environments.
Zapier28 shared keywordsZapier provides a platform for connecting AI models and agents to workflows and business applications, enabling teams to automate tasks across over 9,000 apps without coding. The platform serves enterprises, operations teams, and businesses of all sizes looking to deploy AI-driven automation for lead capture, customer support, employee onboarding, and other business processes.
Bill.com Holdings, Inc.27 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
Ramp25 shared keywordsRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.

Companies competing with Decision Engines for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 1

launches, deals, and filings
Jan 2025
InvoiceIQ listed on the SAP Store

Decision Engines Inc is listed on the SAP Store with InvoiceIQ, a touchless AI-powered global AP automation product integrated with SAP.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 4

primary sources listed

4 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Decision Engines do?
Enterprise AI platform automating accounts payable, contract lifecycle management and finance analytics.
Who are Decision Engines's investors?
Decision Engines's investors include Momenta Ventures, The Hive.