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Freehand Launches Freehand Pay, Expanding AI Teams from Invoice Audit to Payment

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Freehand Launches Freehand Pay, Expanding AI Teams from Invoice Audit to Payment

Freehand, the leading AI alternative to accounts payable and procurement labor, today launched Freehand Pay, a new payment automation solution that enables its agentic AI teams to autonomously move approved invoices through payment and reconciliation. Freehand’s agents already connect structured and unstructured data across ERP, TMS, procurement systems, EDI, email, contracts and supplier communications; audit charges against contracts, rates and policy; resolve exceptions directly with suppliers; and cost allocation to the right general ledger account. Previously, payment approval marked the end of the automated workflow, leaving finance teams to manage the operational handoffs and disbursement process across suppliers. Freehand Pay closes that gap, paying suppliers in their local currency through local rails, powered by Stripe.

Freehand Pay brings audit, exception resolution, cost allocation, payment and reconciliation into a single, continuous workflow designed to be autonomous and governed. Freehand Pay has been in use with a select group of Fortune 50 companies who partnered with Freehand in its development, with those customers reducing accounts payable cycle times by 80–90% while AI Teams handled 99% of underlying decisions in place of manual review. Freehand Pay is now available to all Freehand customers.

“Our AI Teams already determine what should be paid, but until now, they could not execute the payment themselves,” said Nitin Jayakrishnan, co-founder and CEO of Freehand. “Until now, customers still had to manage the operational handoff from approval through disbursement.



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