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avvaneo Expedite has learned and can now extract enough clues from unstructured invoice information to automatically set up to over 90 percent of all tax codes correctly.
Read article What a data analyst can take days to do, avvaneo Discover delivers in two clicks
avvaneo Expedite has learned and can now extract enough clues from unstructured invoice information to automatically set up to over 90 percent of all tax codes correctly.
Read article Tax codes: Reducing administrative costs with AI
AI on all screens. The public trembles. Cheers. Amazed. We are not surprised.
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.
Read article Purchasing and accounting - one happy family? Yes, sure!
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.
Exceptions happen, right? But what happens when you don’t address the root cause?
Read article What are the costs of handling your inbound invoices?
Until now, the automation of general expense invoices was limited. We have analyzed how AI can overcome these limitations.
Read article Automate all processes for incoming invoices using 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?
Read article Coding in finance on autopilot with Artificial Intelligence (AI)
The use of AI in finance departments allows automation for processes that previously had to be handled manually. Read our analysis of real data of a company on the potential of using AI.
Read article AI for financial processes - An analysis of automation potential with real data
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