About PredictAP

Our Story

 

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.

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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.

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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.

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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™.

PredictAP Team

Meet our team of experienced real estate, technology and SaaS veterans, AI enthusiasts, and entrepreneurial spirits.

Meet Our Team

David Stifter

David Stifter

CEO & Founder

Russell Franks

Russell Franks

President & Co-Founder

Greg Achenbach

Greg Achenbach

VP of Product

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Karo Sadowicz

VP of Marketing

Chris Antenesse

Chris Antenesse

VP of Engineering

Stephen Farrell

Stephen Farrell

VP of Sales

Tony Scalese

Tony Scalese

VP of Customer Success

Kristina Durr

Kristina Durr

Engineering

Emily Fletcher

Emily Fletcher

Finance

Dana Grundy

Dana Grundy

Marketing

Dan Isler

Dan Isler

Engineering

Sabrina Kent

Sabrina Kent

Engineering

Brian Website Image

Brian Louks

Engineering

David Louks

David Louks

Engineering

Ethan Neidhart

Ethan Neidhart

Engineering

Ali Noel

Ali Noel

Customer Success

Mirek Riedewald

Mirek Riedewald

Data Science

Tara Ritchey

Tara Ritchey

Customer Success

Darren Roscoe

Darren Roscoe

Engineering

Michelle Rudolph

Michelle Rudolph

Product

Ervin Tong

Ervin Tong

Data Science

Emma Whitman

Emma Whitman

Product

See what our team has to say about working at PredictAP

Find us on Glassdoor.

Advisors & Investors

The industry and technology veterans whose insight and expertise support our growth.

Demetrios Barnes

Demetrios Barnes

Advisory Board

David Bedard

David Bedard

Advisory Board

Lew Friedland

Lew Friedland

Advisory Board

Richard Saltzman

Richard Saltzman

Advisory Board

Ron Sanders Photo

Ron Sanders

Advisory Board

Bruce Stangle

Bruce Stangle

Advisory Board

Doug Suliman

Doug Suliman

Advisory Board

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Darren Tangen

Advisory Board

Kenneth Wong

Kenneth Wong

Advisory Board

PredictAP News

Read about recent customer go lives and other company updates

PredictAP Now Available for Bottomline Customers Using NexusPayables
PredictAP NexusPayables integration now available

PredictAP Now Available for Bottomline Customers Using NexusPayables

PredictAP is proud to announce general availability of its AI-powered invoice coding solut…

Jun 12, 2024 3:45:29 PM 1 min read
PredictAP Expands Executive Team Following Series A

PredictAP Expands Executive Team Following Series A

PredictAP, an AI enabled invoice capture solution for real estate accounts payable (AP), a…

May 29, 2024 12:46:05 PM 1 min read
How LCB Senior Living Retained Key Employees by Reducing Manual Invoice Work with PredictAP
LCB Senior Living Retains Employees by Reducing Manual Invoice Work

How LCB Senior Living Retained Key Employees by Reducing Manual Invoice Work with PredictAP

LCB Senior Living, LLC is a leading senior housing operator and developer with roots that …

Apr 18, 2024 2:48:24 PM 2 min read
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Top-rated AP automation and invoice management software for the real estate industry. 

PredictAP is a leader in AP Automation on G2 PredictAP is a leader in AP Automation on G2 PredictAP is a leader in Invoice Management on G2 PredictAP is a leader in AP Automation on G2 PredictAP is a leader in AP Automation on G2 Users love PredictAP on G2
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