Accounts Payable Automation Services

The University of Iowa is issuing a sealed Request for Information (RFI) to gather detailed capabilities from qualified vendors that provide outsourced Accounts Payable (AP) automation services. Respondents must supply comprehensive company background, solution architecture, invoice processing workflows, technology platform details (OCR, AI/ML, reporting), integration experience with ERP and financial systems, security/compliance certifications, service level metrics, implementation methodology, and pricing models (per‑invoice, subscription, fixed‑fee, etc.). The RFI also asks for higher‑education experience, client references, and answers to key strategic questions about automation rates, cost savings, risks, and emerging technologies. The information will be used to shape a future formal RFP for a university‑wide AP automation contract. • Target audience: AP outsourcing providers, BPO firms, and software vendors with AI‑enabled invoice processing. • Required deliverables: Detailed narrative responses, technical diagrams, sample SLAs, performance dashboards, pricing tables, and three client references (preferably higher‑education). • Timeline: Issue 09/25/2026, questions due 10/06/2026, submission deadline 10/19/2026. • Contact: Chandra Wojno (phone (319) 335‑0378, email [email protected]).