Clerked
AI-powered accounts payable automation built for finance teams in physical industries such as manufacturing, distribution and construction.
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About Clerked
Clerked is an AI-powered accounts payable automation platform, originally launched as Mod AI before rebranding to Clerked in 2026. It captures invoices from email, supplier portals, EDI feeds and physical mail, then applies line-level three-way matching against purchase orders and receipts before coding entries to the general ledger.
The company is backed by Y Combinator and was founded in San Francisco by Evan Meyer and Sunjeet Chugh. It works inside a customer's existing ERP system rather than replacing it, and lists customers including ENVE Composites, Boyd Industries, the Toledo Museum of Art and a $3 billion publicly traded communications firm, with ENVE reporting an 85% reduction in invoice cycle times.
Clerked is positioned for finance teams, controllers and CFOs at mid-market and larger organisations in physical industries such as manufacturing, distribution and construction, where invoice volumes and exception handling (partial deliveries, freight surcharges, blanket purchase orders) are heavier than standard AP tools are built for.
Key Features
- Line-level three-way matching of invoice, purchase order and receipt
- Automated GL coding for PO and non-PO invoices
- Invoice parsing from PDFs, images, spreadsheets and handwritten documents
- Automated vendor communication for payment inquiries and missing information
Our in-depth review
Clerked automates accounts payable for companies that receive large volumes of complex, paper-heavy invoices, an area many general-purpose AP tools handle poorly.
What it does well. The product focuses on the messiest part of AP: three-way matching invoices, purchase orders and receipts, including awkward cases such as partial deliveries, freight surcharges and blanket purchase orders that trip up simpler automation. Vendor communication for missing information and payment status is also automated, and the company's own case study with ENVE Composites claims an 85% cut in invoice cycle times, though that figure is Clerked's own and has not been independently audited.
Where it falls short. Clerked is a young, Y Combinator-backed company, formerly known as Mod AI before its 2026 rebrand, with a small team, which is a real consideration for finance teams weighing platform longevity. Pricing, specific ERP integration names and security or compliance certifications are not published on its site, so buyers will need to get those answers directly from the vendor before committing. Independent, third-party verification of its accuracy claims is not yet available.
Best for. Controllers and AP managers at mid-market or larger manufacturing, distribution or construction businesses dealing with high invoice volumes and non-standard purchase orders, rather than small businesses with simple, low-volume payables.
Verdict. A promising, narrowly-focused AP automation tool worth piloting in complex-invoice industries, but one to vet carefully on integrations, pricing and company stability given its early stage.
At a glance
- Category
- Data entry & receipts
- Best for
- 50+ practice
- Editor's score
- 3.9 / 5
- Pricing
- Not publicly disclosed; sold via custom quote after a demo call.
- Last verified
- 2026-09-27
A sharp, early-stage AP automation tool for complex-invoice industries, best vetted carefully on integrations and pricing before committing.
Integrations
- Works within existing ERP systems
- Custom integrations available on request
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