Last updated: 2026-08-19
Vic.ai is an AI-native accounts payable automation platform used by over 10,000 organizations to process invoices without manual entry. Its Autopilot feature auto-approves invoices with no human review once AI confidence exceeds 95%, differentiating it from AP tools that route everything through a human queue.
About Vic.ai
Vic.ai was founded in 2016 by Alexander Hagerup (CEO) and Kristoffer Roil (COO), two Norwegian entrepreneurs based in New York. The company has raised $115 million across four rounds, including a 2019 Series A with GGV Capital, a $50 million Series B led by ICONIQ Growth, and a $52 million Series C in December 2022 co-led by ICONIQ and Notable Capital. Vic.ai employs roughly 100 people out of its New York City headquarters. The platform automates the invoice lifecycle end to end: ingestion, purchase-order matching, GL coding, and approval routing, with human review reserved for lower-confidence cases. Beyond core invoice processing, Vic.ai includes VicInbox for vendor email handling, VicPay for B2B payments, VicAnalytics for AP reporting, and VicAgents for other autonomous finance tasks, connecting to major ERPs through native integrations or an open API.
Pricing
Usage-based enterprise pricing customized per org. 30-day free trial available.
Key Features
- Autopilot invoice processing: Handles ingestion, PO matching, GL coding, and approval routing end-to-end, skipping human review whenever AI confidence exceeds 95%.
- VicPay B2B payments: Executes vendor payments directly from the platform, though it currently only supports US-based transfers.
- VicAnalytics reporting: Gives finance teams real-time visibility into AP metrics and processing status across all invoices.
- Open API and ERP connectors: Native integrations with NetSuite, SAP, Oracle, Workday, Microsoft Dynamics, PeopleSoft, and Coupa, plus an OAuth-authenticated API rate-limited to 500 requests per 10 seconds.
- VicInbox vendor email handling: Automatically parses invoices and vendor correspondence sent by email so they enter the AP queue without manual forwarding.
Pros
- Learns from every manual correction accountants make, so accuracy compounds over time instead of staying static.
- One documented case cut labor cost per invoice from $3.30 to $0.53, an 84% reduction, after moving off manual entry.
- Autopilot removes invoices entirely from a human queue once confidence is high enough, unlike tools that route every invoice through a reviewer.
- Covers the full AP stack (invoice capture, payments, reporting, vendor email) instead of just invoice capture.
Cons
- No published pricing; every quote requires a sales call, and implementation runs 4-8 weeks.
- VicPay only processes US payments, so international companies must route transfers through their own banks.
- No bulk multi-currency payment batching, which slows international small-ticket spend by 2-3x.
- Native language support is limited to English, Swedish, and Norwegian.
Frequently Asked Questions
What are Vic.ai's pricing plans in 2026?
Vic.ai doesn't publish fixed pricing. Cost is usage-based and quoted per organization depending on invoice volume, user count, and which modules (Autopilot, VicPay, VicAnalytics, VicInbox) you contract. A 30-day free trial is available, and implementation typically takes 4-8 weeks with dedicated onboarding support.
Can you use Vic.ai without paying?
Vic.ai doesn't have an ongoing free tier. New customers get a 30-day free trial to evaluate invoice processing accuracy before committing to a paid, usage-based contract.
What are Vic.ai's closest competitors?
Stampli is a strong alternative for teams that want a human-assisted workflow, where AI suggests and a person approves, giving visibility into every invoice decision. Tipalti fits companies with heavy international payment needs, supporting 196 countries and 120 currencies. BILL is the better fit for smaller companies, with published per-user pricing starting near $45 a month.
Is Vic.ai better than Stampli?
Vic.ai aims for full automation, auto-approving routine invoices with minimal human review, while Stampli keeps a person in the approval loop on every invoice. Vic.ai's pricing is fully custom with no published starting price; Stampli publishes tiered plans. Pick Vic.ai to let AI run AP end-to-end, and Stampli if your team wants to review every decision.
How do you set up Vic.ai?
Getting started means requesting a quote directly from Vic.ai, since there's no self-serve signup. Implementation typically takes 4-8 weeks and includes dedicated onboarding support to connect your ERP and configure approval routing.
HokAI guides covering Vic.ai
- What Parcel Perform Is Actually For: Parcel Perform's AI Commerce Visibility launch shows who the platform really targets: enterprise brands with complex carriers, not small DTC shops on a budget.
- Best AI Agents for Business Ops in 2026: Buy the Job, Not the Platform: AI agents for business ops actually span five separate jobs, not one: calendar, inbox, project tracking, invoicing and vertical automation for 2026 buyers.