Close AP faster without chasing invoices
Terrace keeps every vendor bill moving across every property, so your team can approve, track, and close payables with less follow-up and fewer missed details.
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A month of hotel AP, done in minutes
Terrace captures invoices, routes approvals, and keeps every payment on track across every property, so your team closes faster with fewer manual steps.
Cut invoice entry by 85%
Drop in a PDF, photo, or email and Terrace extracts the vendor, line items, GL coding, and dates — no manual keying.
Stop duplicate and fraudulent payments
Terrace cross-checks every invoice against past payments, vendor records, and PO data — flagging duplicates, price changes, and unfamiliar vendors before payment is approved.
See vendor spend across every property
Real-time dashboards on spend by vendor, GL account, and property — so portfolio leaders catch cost creep before month-end close.
What Terrace AP automates, so your team doesn’t have to
Capture invoices, code to the GL, route approvals, and track vendor spend — all from one place.
Drop in any invoice — PDF, photo, or forwarded email
- Terrace extracts vendor, line items, taxes, dates, and PO references with audit-grade accuracy.
- Drag-and-drop, email forwarding, or vendor portal sync
- Line-item OCR across hundreds of invoice formats
- Auto-matches to existing vendor records
Auto-code every line to your chart of accounts
- Terrace learns your GL mapping from past invoices and codes new ones automatically — then pushes them to QuickBooks, NetSuite, or Sage.
- Per-property and per-department GL mapping
- Two-way GL sync, no double entry
Multi-level approvals with full audit trail
- Route invoices by amount, vendor, GL account, or property. Approvers see everything they need in one click — and every approval is timestamped, signed, and audit-ready.
See exactly where money is going, in real time
- Track spend by vendor, GL account, and property across your entire portfolio — and catch cost creep before it shows up at month-end.
Push every invoice straight to your GL
Terrace AP syncs bi-directionally with QuickBooks, NetSuite, and Sage to:
- Auto-post coded invoices to the right account and property
- Match vendor payments back to your GL in real time
- Eliminate re-keying and month-end reconciliation drift
