See what AI invoice processing could save your Singapore finance team. Adjust the inputs to match your volume — all assumptions are shown.
Assumes Automiq handles ~85% of invoices end-to-end, with the rest taking ~1 min of human review. Adjust the inputs to match your team.
*Illustrative. Eligible Singapore SMEs can fund up to 50% of qualifying automation costs via the PSG or EDG grant. Grant funds the implementation cost, not the savings — shown here to indicate faster payback.
Processing an invoice by hand costs most teams S$12–S$15 all-in and takes several days to clear. Across a few hundred invoices a month, the manual hours add up fast — and every re-keyed figure risks an error or a duplicate payment. AI invoice automation reads the document, checks it against your purchase orders, and posts it to Xero — keeping a human in the loop only where the value or risk warrants it.
We multiply your monthly invoice volume by the minutes it takes to process one invoice by hand to get your current manual hours. We then assume Automiq handles around 85% of invoices end-to-end, with the rest taking about a minute of human review, and multiply the hours saved by your fully-loaded hourly cost. All assumptions are shown and adjustable.
The true cost of an hour of the person doing the work — salary plus employer contributions, benefits, and overhead. For a finance or admin role this is often higher than the base hourly wage; use your own figure for an accurate estimate.
Eligible Singapore SMEs can fund up to 50% of qualifying automation costs through the Productivity Solutions Grant (PSG) or Enterprise Development Grant (EDG). The grant offsets your implementation cost — not your ongoing savings — so it shortens the time to payback. See our PSG and EDG grant pages for eligibility.
Deliberately. We assume a residual review step on every exception and do not count error-reduction, faster close, or duplicate-payment avoidance — all of which add further savings. Treat the number as a floor, not a ceiling.
Discover how PDPA-aligned, Singapore-hosted AI workflow automation reduces manual work and improves operational visibility across your organisation.