Implementation Consultant

Levelpath extends AI procurement platform with Invoice Automation to protect financial accuracy and capture negotiated savings from receipt to payment. San Francisco, CA (BUSINESS WIRE) - Levelpath, the AI procurement platform, today announced the launch of Invoice Automation, a new capability that streamlines invoice processing by linking every invoice to its sourcing, supplier, and contract context inside one platform. Levelpath Invoice Automation matches every invoice to supplier entities, contract and PO data, and sourcing history through the Supplier System of Record, ensuring each invoice carries the full commercial and operational context needed for accurate financial and procurement decision-making. Traditional automated invoice processing systems operate separately from sourcing and contracting platforms. That separation creates manual work, slows approvals, and limits visibility into negotiated terms and supplier structures, making it difficult to validate accuracy, catch duplicate payments, or track whether negotiated savings are actually being realized. "Procurement teams negotiate value, and finance teams approve the spend, but without shared visibility, companies can't verify whether they are paying negotiated rates or catching duplicates. The disconnect costs companies millions, and we are closing that gap. Levelpath makes that question answerable for every payment," says Alex Yakubovich, Co-founder and CEO of Levelpath. How Levelpath Streamlines Invoice Processing with Context Levelpath Invoice Automation software solves this problem by placing invoices inside the same AI-native platform that houses sourcing events, contract metadata, supplier hierarchies, and business rules. Then Levelpath's Invoice Matching Agent verifies invoices against purchase orders to ensure accuracy. This unified approach transforms invoice automation from isolated payment processing into an intelligent, efficient workflow that protects negotiated value and ensures contract compliance throughout the entire invoice lifecycle. Built on Levelpath's Supplier System of Record, Invoice Automation ensures that each invoice inherits its full commercial and operational context from the moment it arrives. * process invoices faster * verify negotiated savings are being captured * validate contracted pricing and payment structures * maintain a complete audit trail Finance leaders benefit from more reliable financial statements, faster reconciliation, and increased accuracy in payment processing. Levelpath ensures that invoices reflect contracted terms, supplier obligations, and negotiated pricing, which improves forecast reliability and strengthens overall financial governance. CFOs gain clearer visibility into spend patterns, value realization, and supplier performance, all from one AI-native procurement solution. Finance leaders face three persistent problems in invoice processing: value leakage between negotiated terms and what is actually paid, inaccurate accruals and delayed close caused by manual exception handling, and audit and SOX exposure from fragmented and incomplete documentation. Levelpath's connected, AI-native model directly addresses these issues by automatically comparing every invoice to negotiated rates, volume tiers, and contract structures, preventing overbilling and duplicate payments before cash leaves the business. By maintaining a complete, searchable audit trail from sourcing decisions through payment, the platform simplifies audits, strengthens internal controls, and significantly reduces manual review effort for Finance and AP teams. It also improves forecast accuracy by ensuring invoices reflect contracted terms without late, surprise adjustments. Three Core Capabilities That Power End-to-End Automation Levelpath delivers invoice automation that accelerates processing while protecting enterprise value through three interconnected capabilities: * Unified Data Model: Each invoice in Levelpath is validated against supplier entities and contract terms stored in the Supplier System of Record. This ensures that financial data aligns with negotiated agreements and accurate payment structures. * AI-Powered Exception Detection: The Invoice Matching Agent proactively flags pricing discrepancies, incorrect rates, and contract violations by comparing invoice details against sourcing data, rate cards, and SLAs, preventing costly errors before payment. * End-to-End Workflow Traceability: Invoices move through a complete workflow from submission to approval to payment readiness. Every action in Levelpath is recorded in an activity timeline that documents alignment with company policies and supplier performance expectations. From Manual Processing to Strategic Value Protection Levelpath Invoice Automation shifts invoice processing from a tactical function to a strategic control point that ensures enterprise value is protected throughout the payment lifecycle. Teams gain the ability to answer critical questions that traditional invoice processing systems cannot address efficiently. Are negotiated discounts being applied correctly? Are suppliers billing according to contracted rates? Where is value leaking between what was negotiated and what is being paid? Where are bottlenecks slowing payment cycles? Invoices are automatically compared against sourcing events, bid details, rate cards, volume tiers, and contract structures as they move through the processing workflow. This allows teams to accelerate approvals for compliant invoices, identify leakage before payment, quantify realized value, and support accurate budgeting and forecasting. This capability enhances the strategic impact of AI procurement solutions by linking daily financial execution to upstream decision-making without adding processing time or manual work. Procurement and finance leaders can now view supplier performance, financial accuracy, and contract adherence through one delightful AI-native platform, with the quick time-to-value that Levelpath customers have come to expect. Levelpath is proud to announce its selection to the 2025/26 ProcureTech100, celebrating the 100 most pioneering digital procurement solutions shaping the industry's future. Now in its fifth year under new stewardship by Art of Procurement, the list was selected by a global panel of procurement leaders, innovators, and practitioners. The official announcement of this year's 100 providers took place during a live webinar on December 9. The 2025/26 ProcureTech100 Yearbook was also released during the event, offering insights into the technologies and emerging trends reshaping procurement. See Levelpath in action Join its AI Masterclass with Emerald, a leader in live event advertising and conference hosting, to see how enterprises with complex global vendor footprints can modernize procurement operations using AI-native tools. Zach Margolis, IT Operations Analyst at Emerald, will share how his team reduced cycle times, improved legal throughput, and consolidated contract and supplier data into one unified system - with real examples of AI-driven contract extraction, automated workflow routing, and centralized supplier visibility. For more customer stories, product innovation, and a deep dive on AI in procurement, join LevelUp, its first annual conference in San Francisco from March 3 - 5, 2026. Procurement, finance, and operations leaders will explore how AI-native platforms create measurable value from intake to invoice and preview the next wave of Levelpath capabilities. Levelpath Invoice Automation is available now. Visit levelpath.com or request a demo to learn how Purchasing Network can streamline invoice processing for your organization. About Levelpath Levelpath is the premier AI-native procurement platform, purpose-built to help global enterprises optimize spend and operations. Powered by its proprietary Hyperbridge reasoning engine, Levelpath unifies complex procurement processes with intelligent automation, no-code workflow orchestration, and a delightful stakeholder experience. The platform delivers real-time visibility, actionable insights, and faster execution, enabling procurement teams to drive measurable business value at scale. Trusted by leading enterprises worldwide, including Ace Hardware, Amgen, Coupang, Fortrea, GATX, SiriusXM, SSM Health, and Western Union, Levelpath helps organizations collaborate smarter, operate more efficiently, and unlock new levels of agility. Headquartered in San Francisco, Levelpath is backed by Benchmark, Redpoint Ventures, Menlo Ventures, NewView Capital, and World Innovation Lab. Learn more at levelpath.com or connect with Purchasing Network on LinkedIn.

Levelpath, an AI-native procurement platform, is gaining traction in the enterprise market. The company recently raised over $55 million in a Series B funding round to enhance product development and growth. With more than fifty customers, Levelpath's AI-driven solution is becoming more appealing as corporate awareness of AI's potential increases. CTO and co-founder Alex Yakubovich notes a shift in enterprise receptiveness to AI solutions compared to a year ago.

Jerry Brooner has been appointed as Chief Revenue Officer at Levelpath, leaving his role as President of Global Field Operations at Enable