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Automate accounts payable with AI

With Finmatics' digital assistants, you automate your accounts payable easily and quickly.

Automated accounts payable with Finmatics

The manual processing of paper or PDF documents, such as invoices or delivery bills, causes up to 40% of the total costs of an accounting department. Errors can also creep in very easily and the accounting quality suffers as a result.

With Finmatics' artificial intelligence and smart assistants, you can digitize your accounts payable easily and efficiently. Establish a clear accounts payable workflow and reduce the workload for your staff. Smart checking routines help you avoid errors, reduce liability risk and increase overall accounting quality.

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Statements

WienerStadtwerke

Even our most complex requirements were implemented using Customized Machine Learning models from Finmatics."

Martina Teuber
Head of Accounting | Wiener Netze

Stefan Reiter

Gas Connect Austria has integrated Finmatics into the SAP landscape and optimized invoice processing. User acceptance is enormous, as almost no end users need to be trained and everybody was up and running within 2 months after project start."

Stefan Reiter
Enterprise Risk Management | Gas Connect Austria GmbH

Automate accounts payable with intelligent digital assistants

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EASY TO USE

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Process documents without purchase order reference

Documents without a purchase order reference pose major challenges for the accounting department time and again. Time-consuming inquiry rounds and correction runs are a tedious part of everyday life in accounts payable.

We help you solve these problems. Our digital assistants combine smart software that learns along with comprehensive accounting know-how that grows with you. Artificial intelligence independently classifies data and gets smarter with every booking. Even complex accounts payable workflows can be easily set up and processed by those responsible.

The checking algorithms support you in detecting errors or preventing them from occurring in the first place.

Process documents with purchase order reference

Finmatics' artificial intelligence captures invoice characteristics at item level. This means, that incoming invoices are automatically assigned to the respective order. Finmatics' self-learning algorithms match the order information with the invoices, becoming smarter with each booking.

In addition, the Finmatics software automatically checks invoice criteria and bank data. In this way, it automatically detects whether, for example, the payment data-read-out matches the master data of the corresponding supplier. You thus benefit from intelligent automation of your accounting processes and relieve your staff of annoying standard tasks. - Accounting that's fun, right from the first document.

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Digital accounting with Finmatics at NENI

NENI am Tisch GmbH

The NENI Group is a family-run gastronomy company with several companies. With Finmatics, the three-person financial management team was able to implement the automation of incoming invoices, thereby halving the time spent on document processing.

 
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Gas Connect Austria launches modern document management

Gas Connect Austria

When selecting the right solution, Gas Connect Austria focused in particular on the reduction of the workload of accounts payable employees and the added value of new, digital tools. They found what they were looking for in Finmatics for modern document management.

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Field report: AI-supported group accounting at Wiener Stadtwerke with SAP and Finmatics

Wiener Stadtwerke GmbH

Together with Finmatics, Vienna's number 1 public utility service, automated invoice processing in group accounting at the beginning of 2020 by using Finmatics AI.

 

Experience smart automation immediately

Easy integration of Finmatics for ERPs and accounting systems: 50% time savings in document processing and smart workflows. Ready-made Finmatics interfaces enable incredibly short implementation time, high automation, and fast ROI.

I will gladly advice you

Mitarbeiter-Profilbilder_500X500_rund_0035_Ajit_Misra

"I support my customers on their
way to the future of finance focusing
on automated and efficient document processing without any additional effort."

Mag. Ajit Misra
Key Account Manager

T: +43 123 456 789 01

E: contact@finmatics.com

Get in touch and talk to our experts