Save up to 90% of the costs in document processing
The exchange of invoices or other documents with suppliers is often still paper based.
High transaction costs occur with further steps. The documents have to be scanned and checked. Often things remain unclear and long queries take time. With Finmatics iPaaS interfaces, you can save up to 90% of these costs. iPaaS stands for Integration Platform as a Service Interchange. Processes for document exchange between companies can be completely digitalized, crearly structured and automated.
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."
Enterprise Risk Management | Gas Connect Austria GmbH
Thanks to Finmatics, even in non-EU countries, we were able to achieve significant time savings after just a few weeks through digital workflows. "
Management | CONFIDA, Graz
More details about iPaaS Interfaces
How does data exchange via iPaaS work?
Easier communication with suppliers
iPaaS is the electronic data exchange between accounting systems. iPaaS connections are used to exchange invoices, delivery bills, order confirmations and more, fully digital. EDI was mainly used by large companies until now. Today, thanks to modern web technologies (iPaaS), electronic data exchange is also a smart, future-proof and, most importantly, a cost-efficient option for medium-sized enterprises. This accelerates your accounting processes, lowers costs and reduces manual errors to a minimum.
Uncomplicated invoice receiving
Through the Finmatics Supplier-Portal, your service providers can also submit documents as PDF, JPG or TIF . The software confirms as soon as it receives a file. Finmatics' artificial intelligence then automatically recognizes which document type the file is and extracts the relevant information, checks the determined data for conformity with the applicable regulations, supplements the data records and keeps attention to irregularities.
This creates maximum transparency for your business partners in the transmission and further processing of the documents. And you benefit from the intelligent automation of your accounting processes.
Fast implementation thanks to ready-made interfaces
The completely digital data exchange works with ready-made interfaces to ERP and accounting systems.
Your supplier creates the documents with his ERP or accounting software. Then he transmits the documents as a PDF together with the corresponding data to Finmatics. The transmitted original file in the form of the PDF remains legally binding.
With a wide range of interfaces for the relevant major ERP and accounting systems, we ensure seamless data exchange with your service providers' various inventory systems.
Vorteile mit Finmatics
Save 70% of your time
Digital document exchange with suppliers
Digital invoices from suppliers
CONFIDA: Digital workflows in internationalization thanks to Finmatics
CONFIDA implemented the Finmatics digital solution for its document management and was able to achieve a huge increase in efficiency with digital approval workflows and the benefits of the Finmatics booking machine, especially in Southeastern Europe.
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.
Field report: AI-supported group accounting at Wiener Stadtwerke with SAP and Finmatics
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.
Easy integration of Finmatics
Our ready-to-use interfaces enable an easy and cost-effective implementation of the Finmatics software. This way, you benefit from the automation potential immediately and right from the start!
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