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Quid is an accounts payable automation system that ingests invoices from sources like AP inboxes, ERPs, and supplier portals, then classifies and codes each line (GL, cost center, tax, project, entity) based on historical postings and rules before posting to accounting platforms. It provides cost reporting by unit, project, cost center, location, and entity, along with controls for duplicates, variances, and bank detail changes, aimed at finance teams managing multi-entity audited processes.
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Frequently asked questions
- What does Usequid do?
- Quid is an accounts payable automation system that ingests invoices from sources like AP inboxes, ERPs, and supplier portals, then classifies and codes each line (GL, cost center, tax, project, entity) based on historical postings and rules before posting to accounting platforms. It provides cost reporting by unit, project, cost center, location, and entity, along with controls for duplicates, variances, and bank detail changes, aimed at finance teams managing multi-entity audited processes.
- Who are Usequid's investors?
- Usequid's investors include Antler.