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Accounts Payable Software

End-to-End, Touchless AP Processing: Designed by Experts, Perfected with AI

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straight-through invoice processing

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compliance

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cost reduction

MYNDAPX is comprehensive AP transformation software that provides a complete invoice lifecycle management platform. It is specifically crafted for complete AP workflow automation—from capturing invoices to validating, matching, processing, and preparing payments. Managing these tasks has never been easier.

Intelligent AI-based invoice data extraction: No pre-defined templates required
Vendor self-service portal
Smart Workflows
Seamless ERP integrations

Benefits

Cutting-Edge. Comprehensive. Configurable. Ready to take on your challenges. Worldwide

The MYNDAPX Promise

Increased Operational Efficiency

Up to 80%+ invoices processed automatically

  • AI-based extraction
  • Handles any and all template formats
  • Streamlined workflows with Automated approvals
  • Integration with any/ all ERPs

Full-cycle Touchless Invoice Automation

Time and cost savings with AI-powered processes

  • AI-based matching and validation with PO, MRN/SRN
  • Streamlined approval workflows
  • More efficient processing workforce with touchless processing upwards of 80%

Improved Vendor Relationships

Clear communication and timely payments

  • Vendor self-service portal
  • Instant visibility into invoice and payment status
  • Query and document submission

See All Benefits

Optimized Cash Flow

Improved working capital management

  • Instant insights into payables and cash flow requirements
  • Early payment discount opportunities
  • Prevent financial leakages

Stronger Compliance and Risk Management

99%+ internal and external compliance

  • Automated validation checks
  • Comprehensive documentation and digital audit trails
  • Integration with government portals for real-time verification of vendor credentials (KYC) and tax compliances

Unique Bill of Entry (BoE) Solution

Powered by an ML-based extraction engine for seamless import management

  • Auto-extracts import-related custom BoE data.
  • Tracks import license consumption and assessable value validation.
  • Matches aggregated invoice values with material receipts (MRN) in ERP.
  • Creates accounting entries based on product categories.
  • Enables real-time analytics and insights for improved import decision-making.

Effortless Scaling

Growth at a minimal cost

  • Cloud-based architecture
  • Scalable workflows for hundreds to millions of invoices
  • Multi-currency and multi-language support
  • Configure platform with localisation requirements

Efficient Cost Management

Sidestep payment errors and capture discounts

  • Automated controls and timely processing capabilities
  • Duplicate payment prevention at the invoice submission & approval stage
  • Discounted early payment scheduling features

Strategic Resource Allocation

Your AP team focuses on what’s important

  • Routine task automation
  • Process optimisation support
  • Vendor management ecosystem

Improved ESG Outcomes

Shrink your carbon footprint

  • Paperless processing
  • Improved document accessibility anytime anywhere
  • Reduced need for physical storage (up to 80%+)

Our Clients

Handling Multi-Currency Transactions Across 40+ Countries

The MYNDAPX Process

Five Steps to AP Success Vendors, All Aboard!

Features

Translating Experience into Excellence: Powerful
Features that Deliver
See What We've Perfected Over 15 Years

And more...

Multi-currency support

Email notifications

Master data management

Document archive and retrieval

Standard reports generation

Multi-language support

User role management

Audit trail maintenance

System integration capabilities

Need support?

We’re with you all the way.

Use Cases

MYNDAPX for You

Benefits

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Reduced invoice processing costs

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Higher vendor satisfaction and better relations

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Improved cash flow insights, scheduling forecasting

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100% compliance with tax regulations, internal policies and audit requirements

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Increased operational efficiency and reduced processing time

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Elimination of duplicate payments and late payment penalties

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Reduced administrative burden, increased strategic bandwidth

Benefits

01

Increased transparency and streamlined vendor management

02

Improved vendor relationships

03

Better negotiation terms with transparency

04

Solution offering along with bill discounting - integration out of the box with our entity

Benefits

01

Data-driven decision-making for vendor selection, payment optimisation, and process improvements

02

Significantly increased operational scalability and minimised additional investments

03

Visibility to payables data and vendor analytics

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Improved ESG impact

MYNDAPX For You

Every business is different. We get that.

Dealing with complex supplier networks, multiple plants, and extremely high invoice volumes?
MYNDAPX revolutionises your AP operations through an automated process, providing you with centralised control via the following core capabilities:
  • Automatic GRN matching with invoices across multiple plants
  • Handling of varying tax structures and compliance requirements for each manufacturing location
  • Integration with material management systems for seamless PO/GRN invoice matching
  • Centralised visibility into spending across plants and supplier categories
  • Management of capital expenditure invoices with multi-level approval workflows
Processing mountains of invoices for food supplies, consumables, and services at several locations?
MYNDAPX streamlines all these operations while ensuring cost control and strict compliance with:
  • Location-wise tracking of expenses and vendor performance
  • Automated validation of pricing against contracted rates
  • Real-time budget monitoring and cost centre allocation
  • Integration with inventory management systems
  • Standardised processing across all chain locations
Managing complex ecosystems of vendors for network equipment, maintenance services, and infrastructure development?
Seamlessly manages the complexity while ensuring compliance and control with these MYNDAPX capabilities:
  • Management of milestone-based payments for infrastructure projects
  • Handling of rental and recurrent payment invoices
  • Complex approval workflows based on project hierarchies
  • Integration with project management systems
  • Automated reconciliation of service level agreements
Have your hands full with multiple store locations, numerous vendors and high transaction volumes?
MYNDAPX offers the scalability and control necessary to maintain your operationsncy with: at peak efficie
  • Automated matching of delivery challans with invoices
  • Store-wise expense tracking and reporting
  • Integration with point-of-sale and inventory systems
  • Management of both merchandise and indirect expense invoices
  • Real-time budget tracking across locations
Need to stay compliant across the variety of software license, contractor payment and service agreement invoices on your plate?
All these diverse processes can be automated on MYND APX while simultaneously addressing your compliance needs through:
  • Management of subscription and license-based invoices
  • Handling of contractor and timesheet–based billing
  • Multi-currency processing for global operations
  • Integration with timesheet and project management systems
  • Automated validation of rate cards and service agreements
Have a long list of medical supplies, equipment and services as a part of your procurement responsibilities?
MYNDAPX ensures accurate processing and regulator compliance at the same time with the following:
  • Handling of both inventory and non-inventory purchases
  • Management of equipment maintenance and service contracts
  • Integrations with hospital management systems
  • Compliance with healthcare-specific regulations
  • Department-wise budget tracking and reporting
Strict regulatory requirements and intricate approval hierarchies making compliance a burden?
MYNDAPX features provide control to thrive in a regulated environment and compliance
  • Strong audit trails and compliance documentation
  • Complex approval workflows with delegation rules
  • Integration with core banking and insurance systems
  • Management of branch expenses and allocations
  • Automated reconciliation with multiple cost centres

Integrations

Zero Hassle, Seamless Integrations.

Through its robust API framework, MYNDAPX offers seamless integration capabilities with major ERP systems and financial applications. The platform supports real-time and batch integration methods, allowing organisations to maintain their existing systems while automating their AP processes.

SAP (ECC and S/4HANA)

Oracle EBS

Microsoft Dynamics

Tally

Custom ERP systems through API integration

Government portals for compliance verification (GST, PAN, etc.)

The integration framework supports various data exchange formats, including XML, JSON, and flat files, with configurable mapping tools to handle different data structures. The platform’s microservices architecture enables selective integration of specific modules based on business needs while maintaining overall system integrity.

Integration Features:

Security

Rock-Solid Security

MYNDAPX implements enterprise-grade security measures across all aspects of the solution. The platform uses 128-bit SSL encryption for data transmission and maintains SSAE 16 compliance for data centre operations. All data is encrypted in transit and at rest using industry-standard encryption protocols.

The system implements multiple security layers, including:

Have More Questions?

We’ve Got you.

Organisations typically see ROI within 6-8 months of implementation. The ROI is driven by reduced processing costs, elimination of late payment penalties, capture of early payment discounts, and improved staff productivity. Factors affecting ROI include current processing volumes, manual intervention level, and error rates.

The system employs multiple layers of security, including encryption, role-based access control, and audit trails. It complies with industry standards and maintains various security certifications. Regular security audits and updates ensure ongoing protection of sensitive data.

Mynd APX integrates with all major ERP systems, including SAP, Oracle, Microsoft Dynamics, and custom solutions. The integration is handled through secure APIs and can be configured to meet specific requirements.

Standard implementation takes 8 weeks, including configuration, integration, and user training. The timeline can vary based on the complexity of the requirements and the level of customisation needed.

Comprehensive support includes 24/7 technical support, regular system updates, user training, and dedicated account management for ongoing optimisation.

The system supports various currencies and handles complex tax requirements across jurisdictions. It automatically applies appropriate tax rules and currency conversions.

Exceptions are automatically routed through configured workflows for resolution. The system provides tools for quick resolution and maintains a complete audit trail of all actions.

The system can handle over 100,000 daily invoices and scales based on demand. Its cloud architecture ensures consistent performance regardless of volume.

Vendors can self-register through the portal. The system validates their information against government databases and routes for internal approval based on configured workflows.

The system provides standard reports, customisable dashboards, and the ability to create custom reports. Real-time data is available for analysis and export.

All documents are stored securely in the cloud with easy search and retrieval capabilities. Storage duration can be configured based on compliance requirements.

Mynd APX combines comprehensive process coverage, advanced technology, and deep domain expertise to deliver superior results. The vendor portal and intelligent processing capabilities set it apart from traditional solutions.

Work Smarter, not Harder.

Take control of your AP processes today.

Dip Your Toes into the Mynd Multiverse

Explore More Products From MYND

Let’s Get Started

Want to know how we can create an impact for your business?

Set-Up a Meeting with our Expert Consultants

Saurav Wadhwa

Co-founder & CEO

Saurav Wadhwa is the Co-founder and CEO of MYND Integrated Solutions. Saurav spearheads the company’s strategic vision—identifying new market opportunities, unfolding product and service catalogues, and driving business expansion across multiple geographies and functions. Saurav brings expertise in business process enablement and is a seasoned expert with over two decades of experience establishing and scaling Shared Services, Process Transformation, and Automation.

Saurav’s leadership and strategy expertise are backed by extensive hands-on involvement in Finance and HR Automation, People and Business Management and Client Relationship Management. Over his career, he has played a pivotal role in accelerating the growth of more than 800 businesses across diverse industries, leveraging innovative automation solutions to streamline operations and reduce costs.

Before becoming CEO, Saurav spent nearly a decade at MYND focusing on finance and accounting outsourcing. His background includes proficiency in major ERP systems like SAP, Oracle, and Great Plains, and he has a proven track record of optimizing global finance operations for domestic and multinational corporations.

Under Saurav’s leadership, MYND Integrated Solutions maintains a forward-thinking culture—prioritizing continuous learning, fostering ethical practices, and embracing next-generation technologies such as RPA and AI-driven analytics. He is committed to strategic partnerships, long-term business development, and stakeholder transparency, ensuring that MYND remains at the forefront of the BPM industry.

A firm believer that “Leadership and Learning are indispensable to each other,” Saurav consistently seeks new ways to evolve MYND’s capabilities and empower clients with best-in-class business process solutions.

Vivek Misra

Founder & Group MD

Vivek is the founder of MYND Integrated Solutions. He is a successful entrepreneur with a strong background in Accounts and Finance. An alumnus of Modern School and Delhi University, Vivek has also undertaken prestigious courses on accountancy with Becker and Business 360 management course with Columbia Business School, US.

Vivek is currently the Founder & Group MD of MYND Integrated Solutions. With over 22 years of experience setting up shared service centres and serving leading companies in the Manufacturing, Services, Retail and Telecom industries, his strong industry focus and client relationships have quickly enabled MYND to build credibility with 500+ clients. MYND has developed a niche in Shared services in India’s Finance and Accounting (FAO) and Human Resources (HR). MYND has also taken Solutions and services to the international space, offering multi-country services on a single platform under his leadership. Vivek has been instrumental in fostering mutually beneficial partnerships with global service providers, immensely benefiting MYND.

Mynd also forayed into a niche Fintech space with the setup of the M1xchange under the auspices of the RBI licence granted to only 3 companies across India. The exchange is changing the traditional field of bill discounting by bringing the entire process online along with the participation of banks through online auctioning.

Sundeep Mohindru

Founder Director

Sundeep initiated Mynd with a small team of just five people in 2002 and has been instrumental in steering it to evolve into a knowledge management company. He has brought about substantial improvements in growth, profitability, and performance, which has helped Mynd achieve remarkable customer, employee and stakeholder satisfaction. He has been involved in creating specialized service delivery models suitable for diverse client needs and has always created a new benchmark for Mynd and its team. Under his leadership, Mynd has developed niche products and implemented them on an all India scale for superior services. Mynd has been servicing a large number of multinational companies in India through its on-shore and off-shore model.

TReDS (Trade Receivable Discounting System) has been nurtured from a concept stage by Sundeep and the Mynd team. M1xchange, Mynd Online National Exchange for Receivables was successfully launched on April 7th, 2017. While spearheading the project, Sundeep and his team have built up the TReDS platform to meet RBI guidelines and enhance the transparency for all stakeholders. This platform and related service has the capability of transforming the way the receivable finance and other supply chain finance solutions are operating currently.

Sundeep is currently focused on providing strategic direction to the company and is working towards achieving high growth for Mynd, which will help in creating the products as per customer needs and increase its top line while maintaining the bottom line. He directly involves, develops, nurtures and manages all key client relationships of Mynd. He has also successfully acquired numerous preferred partners to support Mynd’s technology-based endeavors and scale up its business.

Sundeep has been the on the Board of Directors for many renowned companies. He has played a key role in planning the entry strategy and has set up subsidiaries for many multinational companies in India. In his leadership, Mynd has seen consistent growth at the rate of 20+ % CAGR from the year 2009 onwards. This was primarily because of investing into technology and bringing platform based offering in Accounting and HR domain for the customers.