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Vic.ai

Autonomous AI for accounts payable that eliminates manual invoice processing

by Vic.aiUSUnited States🌐US, EU (AWS)
TrustKit Score60%Moderate

About Vic.ai

Vic.ai is an AI-first finance automation platform purpose-built for accounts payable, positioning itself as a genuine autonomous system rather than a rule-based automation tool. The platform uses proprietary deep learning models trained on over 100 million invoices to automatically read, classify, code, and route AP documents with consistently high accuracy. The core capability is autonomous invoice processing: Vic.ai can extract structured data from any invoice format, apply the correct GL account codes based on learned patterns, match invoices to purchase orders, and submit for approval—all without human intervention. The system learns from each organisation's specific coding and approval patterns, improving accuracy over time. Vic.ai's AI models handle complex scenarios that trip up traditional OCR and rules-based systems, including handwritten invoices, non-standard formats, multi-currency documents, and partial PO matches. Anomaly detection flags unusual invoices, potential duplicates, and out-of-policy transactions before they are approved. Founded in 2017 and headquartered in New York with engineering operations in Oslo, Norway, Vic.ai has processed billions of dollars in invoices for customers including large enterprises in manufacturing, hospitality, and professional services. The company has raised over $50 million and serves customers across North America and Europe. As a platform handling sensitive financial data, Vic.ai maintains SOC 2 Type II certification and ISO 27001 accreditation. Data is hosted in regional AWS environments and the platform supports GDPR-compliant data processing for European finance teams. Vic.ai does not use customer invoice data to train shared AI models without explicit consent.

Sentiment Score?
4.6/ 5

TrustKit Score Breakdown

?60% Moderate
Data Residency
Where is your data stored and processed?
Data hosted in US and EU AWS regions. Regional data hosting available for European customers. Standard data residency controls for a finance automation SaaS provider.
3/5
Legal Jurisdiction
Which laws govern the company and your data?
Incorporated in Delaware, US, with engineering based in Norway. Subject to US legal frameworks. Norwegian engineering operations bring indirect exposure to EU legal standards.
3/5
Data Retention & Training
Is your data used for model training?
Standard data retention policies for financial records. Supports GDPR-compliant data processing agreements. Clear policies on invoice data handling and AI model training.
3/5
Certifications
ISO 27001, SOC 2, Cyber Essentials, etc.
Holds SOC 2 Type II and ISO 27001 certifications. Solid baseline for a finance automation platform, though additional certifications such as SOC 1 would strengthen the posture for audit purposes.
3/5
Regulatory Fit
Suitability for regulated industries and professional services
Good fit for finance teams in regulated industries. GDPR compliance and ISO 27001 certification meet baseline requirements. SOC 1 Type II certification would be beneficial for financial audit requirements.
3/5

Pricing

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Quick Facts

Starting PriceCustom pricingData HostingUS, EU (AWS)Trains on Your DataDoes not train shared models on customer data without consentFounded2017Employees51-200

Frequently Asked Questions

Is Vic.ai GDPR compliant?

Vic.ai has a TrustKit compliance score of 60% (Moderate). Data Residency: Data hosted in US and EU AWS regions. Regional data hosting available for European customers. Standard data residency controls for a finance automation SaaS provider.. Legal Jurisdiction: Incorporated in Delaware, US, with engineering based in Norway. Subject to US legal frameworks. Norwegian engineering operations bring indirect exposure to EU legal standards..

Where does Vic.ai store data?

Vic.ai hosts data in: US, EU (AWS). Data hosted in US and EU AWS regions. Regional data hosting available for European customers. Standard data residency controls for a finance automation SaaS provider.

Does Vic.ai train on user data?

Vic.ai: Does not train shared models on customer data without consent. Standard data retention policies for financial records. Supports GDPR-compliant data processing agreements. Clear policies on invoice data handling and AI model training.

What certifications does Vic.ai hold?

Vic.ai holds: SOC 2 Type II, ISO 27001. Holds SOC 2 Type II and ISO 27001 certifications. Solid baseline for a finance automation platform, though additional certifications such as SOC 1 would strengthen the posture for audit purposes.

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