Thank You for 5 Years

Five years ago, PredictAP was born from a simple but ambitious idea: automate one of the most time-consuming and error-prone tasks in accounts payable and free up accounts payable teams to focus on higher-value work. Today, we process nearly 4 million invoices annually, and that’s just the beginning.

Our five-year milestone isn’t just a number on a calendar; it’s a celebration of the people who made it possible. Our customers, our partners, and our team have all played an essential role in getting us here. As we take a moment to reflect, we’re also looking forward, because the next chapter promises to bring more impactful, positive change. 

Positive Feedback, Personal Impact

Our journey has been fueled by the trust and feedback of customers who believed in our mission. For David Stifter, Founder and CEO, that trust is what keeps him pushing the company forward.

“What gets me really fired up is seeing customers with positive feedback. I love to solve problems, but I also love to hear how we're helping people solve their problems,” Stifter said.

He shared the experience of one client for whom PredictAP had a positive company-wide and direct personal impact.

“A few months after going live, their AP processing is quicker than it's ever been in the history of the company, and the person whose full-time job used to be just this is now being promoted to be an accountant. Her career is progressing to be able to do higher value things.”

PredictAP is not just providing a piece of technology; we’re helping businesses run more efficiently and helping end users grow in their careers.

“We’re not just a piece of tech. This is making an impact and that feels good,” Stifter adds.

Generating Efficiency and Growing Fast

For VP of Product Greg Achenbach, the most rewarding part of our platform is the tangible difference it makes for people’s daily lives.

“The work that PredictAP is doing is important because it has real world impacts. We’re helping folks spend their time more efficiently and on more complex things because our product takes the heavy lifting out of a specific part of their day.”

Along the way, PredictAP’s ability to quickly iterate based on customer feedback has only grown stronger.

“I’m really excited to see what other types of accounting problems that we can solve with all this knowledge that we've been building up over the years,” Achenbach said.

That agility, combined with strong and communicative customer relationships, positions PredictAP to tackle even bigger challenges ahead.

From a technical perspective, the growth has been remarkable. VP of Engineering Chris Antenesse sees the volume we’re processing today as a sign of both momentum and untapped opportunity.

“I'm so bullish on where we're going and where we're positioned. We're processing close to 4 million invoices a year now, just a little over 100 customers. As far as the volume of what the industry is doing, we're just at the tip of the iceberg,” Antenesse said.

The platform is designed to scale, but the real excitement comes from knowing that scaling means helping even more customers save time, money, and stress.

The Power of Data and Possibility

From the earliest days, our focus has been solving a specific problem — invoice ingestion and coding. But as Co-Founder and President Russell Franks notes, that’s just scratching the surface.

“We've clearly shown that we can deploy the technology to really solve a problem. But we've only scratched the surface in terms of that opportunity,” Franks said.

Every invoice we process not only delivers immediate value but also builds a deeper data set that unlocks future possibilities.

“Where that's led us is realizing that there's a lot of gold within the data that we're processing for companies, both in terms of accounting intelligence and helping solve problems. It opens a whole new set of opportunities for us,” predicted Franks.

The future vision is clear: expanding beyond automation into intelligent real estate insights that drive strategic decision-making.

Looking Ahead

Five years in, the PredictAP mission hasn’t changed, but our capabilities have expanded dramatically. We’ve built a platform that not only understands the unique accounting processes of every company we work with but also has the potential to solve an ever-wider range of problems.

“Our engine is built to understand the local accounting of every company really well,” Stifter explains. “There's a path to being able to help our customers with lots of other issues around that and expand our help. I'm excited about the future.”

The next phase of PredictAP will be about leveraging the data we’ve accumulated, the trust we’ve earned, and the talent we’ve cultivated to create solutions that make an even greater impact.

So to our customers, thank you for believing in us. To our team, thank you for pouring your passion and innovation into everything you do. And to everyone who’s been part of the PredictAP story so far: the best is yet to come.

It's time to build what’s next.