Morphik

Morphik helps operators automate back-office tasks by applying AI to accounts payable, billing, collections and month-end close. The system is designed to let teams approve while the AI does the work, aiming to close the books faster. It integrates with the systems teams already use and emphasizes automated workflows across finance operations.

The tool provides a procure-to-pay cycle with one-click approvals and AI-driven posting. It reads invoices, codes them, and posts to the GL from various sources, and handles card entries and payments on behalf of users.

Morphik includes bank reconciliation with ledger matching and exception flags, vendor onboarding with W-9s and payment details, and vendor intelligence to spot price creep, duplicates, and spend by vendor. It centralizes financial operations into a cohesive workflow.

Security and compliance are highlighted, with SOC 2 Type II certification and HIPAA compliant handling. Data is encrypted in transit and at rest, access is limited to needed personnel, and every workflow leaves an audit trail.

Use cases

• Automate accounts payable, billing, collections and month-end close for operators
• Code invoices, reconcile daily, and manage vendor payments in one workflow