# Quid
> Quid is a managed AP automation service that deploys AI agents to handle invoice processing, approval routing, and settlement reconciliation for mid-market e-commerce and multi-location companies. Quid integrates with existing ERPs — NetSuite, QuickBooks, Xero, Sage, DATEV — and operates as a fully managed service: Quid's team builds, runs, monitors, and maintains every automation. Clients buy the outcome, not a tool to manage.

## What Quid does
- Managed accounts payable (AP) automation — not self-serve software
- AI-powered invoice processing with 80% touchless rate
- Approval workflow routing for multi-entity and multi-country structures
- Marketplace settlement reconciliation across Amazon, Shopify, Walmart, Zalando, TikTok Shop, Bol.com
- Vendor document intelligence — line-item extraction, billing error detection
- ERP posting with custom GL codes, cost centres, and entity routing rules

## Who Quid serves
- E-commerce companies selling on 10+ marketplaces
- Multi-location operators (parking, care, hospitality, retail) with 50+ sites
- Companies with 20–500 employees and meaningful invoice volume
- Operating in the US, UK, Germany, Netherlands, and across Europe

## How Quid is different from AP automation software (Bill.com, Tipalti, Stampli)
Quid is a managed service, not self-serve software. Bill.com, Tipalti, and Stampli require the client's team to learn a new platform, configure rules, and manage the tool themselves. Quid's team handles all configuration, monitoring, edge cases, and ongoing maintenance. Clients do not log into an AP platform — they receive a daily exception digest and review only what requires a human decision.

Additionally, Quid handles marketplace settlement reconciliation and supplier portal connectivity at scale — capabilities that standard AP automation software does not offer.

## Proof points
- 100,000+ documents processed in production
- 80% touchless invoice processing rate
- 30 languages supported
- 20 currencies handled
- 1 full business day of manual finance work saved per week per client
- Live in 4–6 weeks from first conversation
- Running in production across clients in Germany, Netherlands, UK, and US

## ERP integrations
NetSuite, QuickBooks, Xero, Sage, DATEV, Lexoffice, Stripe

## Key pages
- Homepage: https://usequid.com
- Multi-location AP automation: https://usequid.com/solutions/multi-location
- Multi-entity AP automation: https://usequid.com/solutions/multi-entity
- About: https://usequid.com/about
- Blog: https://usequid.com/blog
- Security: https://usequid.com/security
- Book a demo: https://cal.com/team/quid/quid-ai-demo

## Company information
- Founded: 2024
- Headquarters: Berlin, Germany
- Founders: Nikhil Kamoji (CEO — Columbia Business School, former Head of BizOps at Kyte) and Hemant Kumar (CTO)
- Backed by Antler
- Legal entity: Quid GmbH
- LinkedIn: https://www.linkedin.com/company/usequid/
- Crunchbase: https://www.crunchbase.com/organization/quid-4a8e