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AI solves assignment problems faster than humans - Part 2
Too many invoices do not find their way into the correct workflow automatically? You are not alone with this issue. In many companies with automatic invoice processing, up to 15% of incoming invoices are routed incorrectly. Sometimes the mistake is made by the system, sometimes by a person.

AI solves assignment problems faster than humans - Part 1
You have been driving the automation of your financial processes for years. And then you realize: there are still annoying losses due to inefficiency. For example, invoices that should process automatically but still get stuck in manual workflow loops for 2 to 5 days.

AI for more speed: Intelligent account assignment of incoming invoices
Invoice receipt in SAP - today this essentially runs automatically in large companies. Usually smoothly and quickly, as long as the relevant information for automatic account assignment is within the invoice data received.

New: avvaneo Discover shows concrete optimization potential
avvaneo Discover can now do even more: Until now, you only had the analysis - now you have concrete indications of exactly where improvements are possible and what changes bring. Read more ...

Purchasing and accounting - one happy family? Yes, sure!
You know the drill! The accounting department is expecting purchase orders that are correctly allocated. However, the purchasing department does not have the time or all the necessary information, so they sometimes use just any account assignment.

User Group Meeting
The first avvaneo User Group was a great success. Presentation by Porsche on the use of artificial intelligence for financial processes with avvaneo Expedite deserves special mention.

What are the costs of handling your inbound invoices?
Exceptions happen, right? But what happens when you don’t address the root cause?

Automate all processes for incoming invoices using Artificial Intelligence (AI)
Until now, the automation of general expense invoices was limited. We have analyzed how AI can overcome these limitations.

Coding in finance on autopilot with Artificial Intelligence (AI)
Assigning the correct cost elements and G/L accounts to incoming invoices is a time-consuming task for finance teams.
How much automation is possible?