About PredictAP
A large real estate investment trust struggled with rising AP costs.
Accounts Payable at a large REIT was stuck in the past—like many others in real estate and other industries—relying on manual data entry and coding decisions made by siloed AP teams.
The team had already implemented available solutions: AP Automation, which streamlined approval workflows but ignored invoice capture; ingestion solutions like OCR, offshoring and vendor-initiated payments—none of them addressed coding.
None of the tools they tried solved the real problem: coding. So they built their own.
Their custom on-premise machine learning solution did more than dampen costs. Invoice processing time decreased 5X within just a couple months, while improving accuracy to over 90%.
While sharing their success with industry peers, the team saw an opportunity to deliver the same savings and efficiency at a larger scale by turning their project into a product.
Enter PredictAP: a state-of-the-art cloud-based solution for real estate AP.
In early 2020, Russell Franks joined David Stifter to found PredictAP and make it a scalable, cloud-based SaaS solution.
The founding team combines engineering expertise from Apple, Google, HubSpot, and Datadog to complement their deep knowledge of real estate, finance, and process improvement.
PredictAP Today
PredictAP is the only AI-powered invoice capture solution built for Real Estate AP.
PredictAP leverages historical invoice data and proprietary AI to rapidly code invoices without needless data entry.
It integrates with industry-leading AP workflow automation solutions, delivering massive cost savings and increased efficiency.
We call it Intelligent Invoice Capture™.
Meet Our Team

David Stifter
Founder


Russell Franks
President & Co-Founder


Greg Achenbach
VP of Product

Karo Sadowicz
VP of Marketing


Chris Antenesse
VP of Engineering

David Bedard
VP of Customer Success


Kristina Durr
Engineering


Andy Friedl
Product


Emily Fletcher
Finance


Nick Gerakines
Engineering

Eric Hsiao
Engineering


Dan Isler
Engineering


Ethan Neidhart
Engineering

Mirek Riedewald
Data Science


Tara Ritchey
Product


Darren Roscoe
Engineering


Tony Vec
Engineering


Emma Whitman
Product


Lew Friedland
Advisory Board


Richard Saltzman
Advisory Board

Richard Saltzman
Advisory Board

Bruce Stangle
Advisory Board


Doug Suliman
Advisory Board


Darren Tangen
Advisory Board

Darren Tangen
Advisory Board

Kenneth Wong
Advisory Board

PredictAP News
Read about recent customer go lives and other company updates

PredictAP Named High Performer in AP Automation, Invoice Management in G2 Spring 2023 Reports
We're thrilled to announce PredictAP has been named a High Performer in G2's Spring 2023 G…

3 Can't-Miss Panels at IMN's Real Estate COO & CFO Forum
Real estate finance and operations executives will gather this week at the IMN Real Estate…

PredictAP Completes SOC 2® Type 1 Attestation
PredictAP is committed to the industry's highest standards for managing customer data. As …
See Our Customer Ratings
Top-rated accounts payable software for the real estate industry.