Accounts Payable Invoice Automation Solution with AI Integration

The University of North Carolina at Chapel Hill is seeking a commercially available Accounts Payable Invoice Automation Solution with integrated artificial intelligence capabilities to replace its existing invoice submission system. The selected vendor must deliver a comprehensive platform that automates the entire invoice-to-payment lifecycle, eliminating manual data entry through AI-driven extraction and validation, accelerating approval workflows, ensuring adherence to institutional and regulatory compliance standards, and enabling secure, timely payments to vendors. The solution must integrate seamlessly with the University’s PeopleSoft ERP system to ensure data consistency and operational efficiency across financial processes. Proposals must be submitted by August 31, 2026, under solicitation number 65-RFP062926KJM, which was posted on June 29, 2026. The procurement is led by UNC-Chapel Hill’s Accounts Payable department and falls under the SLED (State, Local, and Education) government contracting category. All performance will occur within North Carolina, and inquiries should be directed to Kimberly Middleton, the primary point of contact. The solution must be a proven, off-the-shelf product with demonstrated AI functionality, scalability, and robust security features to support the University’s financial operations without requiring custom development.