More speed und simplificatin für your SAP-system

Automate and optimize SAP Finance

We believe our expertise in SAP finance processes is unparalleled. Starting as a developer at SAP, we now have more than two decades of experience implementing automation solutions for SAP Finance. Around the world, we have deployed new solutions for customers, managed complex upgrades, and executed countless productivity improvement projects. As a certified SAP partner, we are your center of expertise and know virtually all the opportunities, risks, and ways to get more speed and more value out of your SAP system

 

Implement new solutions

  • Analyze current status accurately and in depth
  • Identify opportunities for process improvements, cost savings, and productivity gains
  • Complete service from user training to rollout
  • Develop high quality solutions that meet your specific business needs

Expansion into new countries

  • Expansion to additional countries
  • Develop and implement appropriate enhancements
  • On-site teams with extensive know-how in SAP process automation
  • Deal confidently with complex financial processes
  • Ensure that your company complies with all local and international rules and regulations

 

Maintenance, care and further development

  • SLA support after implementation and rollout
  • Regular system maintenance, update, and optimization services
  • System customizations as well as support of ongoing operations through our excellent customer service
  • Support organizational restructuring
  • Implement new requirements for SAP applications quickly and reliably

Internal support

  • Bringing support specialists on board flexibly and permanently with always up-to-date resources of knowledge and competence
  • Consolidate support by consistently engaging the Kofax/ReadSoft team on behalf of you and your users
  • Ongoing internal support to ensure the short and long-term success of your solution
  • Operational relief to gain time for essential tasks
  • Read more about our extensive support services here avvaneo Customer Success Program

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We look forward to getting to know you.

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Find out more about our approaches / recommendations

Tax codes: Reducing administrative costs with AI

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.

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Artificial intelligence is in the midst of its next wave of innovation - and avvaneo is not to be outdone

AI on all screens. The public trembles. Cheers. Amazed. We are not surprised.

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Our certified Internal Security Orchestra

Ask the ordinary person on the street what the abbreviation ISO stands for. Electricians' shorthand for "insulate"? Internal Safety Organism? Internal Security Orchestra? The last one comes close, but of course ISO is the abbreviation for one of the most successful NGOs of all time.

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Online User Group Meeting 2023

Auf der Basis unserer Erfahrungen und der vorhandenen Expertise arbeiten wir an der nächsten Stufe des Fortschritts in der Automatisierung von Finanzprozessen. Darüber und viel mehr wollen wir Ihnen gerne direkt berichten, bei unserem nächsten avvaneo User Group Meeting.

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Thank you from avvaneo

This has been extraordinary year for all of us. Therefore, we would like to thank our customers and partners personally for their trust and collaboration.

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Artificial intelligence: Is everything going faster and faster now?

Mathematical computing has advanced rapidly in recent years. Learn more about the state of Artificial Intelligence. We will share the definitions, the most important areas, and how we at avvaneo use Artificial Intelligence to your advantage.

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Blumatix & avvaneo: Together we make you more efficient

It can be a long road from fully automated digitization of invoice documents to end-to-end automatic posting. Where do the problems lie?

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ASFiNAG cooperates with avvaneo

We are looking forward to working with the SAP Competence Center and the accounting department of ASFiNAG, the Austrian freeway operator.

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Company workshop 2022

Last week we went to Berlin with the entire team of avvaneo to our annual workshop.

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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.

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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.

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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.

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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 ...

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FPA

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.

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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.

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What are the costs of handling your inbound invoices?

Exceptions happen, right? But what happens when you don’t address the root cause?

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FPA

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.

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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?

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AI for financial processes - An analysis of automation potential with real data

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.

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Are you missing out on easily accessible early payment discounts?

Do you know how much discount you are throwing away?

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FPA

How automated is your accounts payable and how accurate is your recognition?

How close are you to the goal of automatically processing incoming invoices? Where are the biggest opportunities for process improvement in your company? How good is the recognition of unstructured invoices?

Do you know the answers to all these questions?

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FPA

Reduction of VAT in Germany until the end of 2020, what companies need to consider.

The billion-euro economic stimulus package of the German government includes a planned reduction of the value-added tax rates from July 1 until the end of 2020, which leaves companies with little time to adapt their systems accordingly.

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FPA

Press Release - QIAGEN

avvaneo helps ensure transparency and accountability for leading biotech company, QIAGEN

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Webinar - AP Automation in a data driven future

Following on from our highly successful Webinar introducing the many benefits of AP Automation, watch and learn how automation allows you to measure success and identify key areas for process improvement.

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Press Release - Edgewell Personal Care

avvaneo Transforms Edgewell Personal Care Company's Global Financial Operations for Innovation and Scale

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avvaneo Supports Artificial Intelligence Frankfurt Rhein-Main

In December, avvaneo attended the inaugural meeting of AIF, where members of the association discussed plans for the sharing of information and knowledge to ensure the region has access to the best talent and resources to hasten AI developments that will benefit citizens most.

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AI in the Finance department

The majority of finance team processes are either structured and repetitive or analytical and statistical — here we look at how those scenarios map to available technology, AI and RPA.

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How a typical employee maps to the Virtual Workforce, and how they don’t!

Deploying a virtual workforce to assist humans creates a more flexible workforce, but how best to incorporate AI and Machine Learning.

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Why all the hype over artificial intelligence (AI)?

Robots do all the work while we sit back and relax.... Is this our new reality?

Not for now!

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Press Release - AFI Solutions

avvaneo and AFI Solutions partner to help companies automate financial processes inside SAP

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RPA for FPA: Month End Closing

Your organization’s financial close and reporting processes — from closing out subledgers to creating and delivering financial filings to regulatory bodies — are complex and burdensome involving multiple systems, departments, and people.

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RPA for FPA: Price Comparison

Your organization works with multiple suppliers and fluctuating prices, which can make sourcing products and cost containment laborious and undependable.

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RPA for FPA: Know Your Customer (KYC) and Know Your Vendor (KYV)

Your organization’s ongoing KYC and KYV initiatives are complex, manually-intensive, and challenging and costly to maintain, which can result in compromised processes and quality checks, ultimately leading to poor customer/vendor relationships or even bad press for your organization.

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RPA for FPA: Vendor setup and verification

Your organization has set up an invoice portal, which streamlines e-invoicing and invoice processing but onboarding new vendors and data collection remain manual processes, dragging down overall efficiencies.

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Ready, Set, RPA!

Robots aren’t coming for your job, but Robotic Process Automation (RPA) is here, and it is rapidly changing financial operations. Our Introduction to RPA for Financial Processes blog will teach you what you need to know about RPA and for a deeper dive, our upcoming series of RPA use cases will show you how RPA is being successfully implemented now.

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Have summer holidays zapped your staff? There’s a Robot for that...

To vacation or not to vacation? The age-old challenge for organizations and their teams. With the introduction of robots, to vacation is the answer.

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RPA

Financial Process Automation not just AP Automation

The question is not whether you should automate, but why aren’t you automating more?

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FPA

AP Automation – inside or outside your ERP?

Considering implementing an AP automation solution to improve your accounting and finance processes? First and foremost, you must decide where your AP automation solution should sit — inside or outside of your ERP.

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FPA

The key to invoice exception resolution in Shared Services

If you’ve automated your invoice processing, the majority of invoices should either post automatically or enter a workflow. But what happens if you need to manually correct an invoice? This can often be complicated, but it shouldn’t be.

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E-invoicing is good. But e-invoicing paired with AP automation is better

You’ve likely heard the term “e-invoicing” bantered about as the panacea to all life’s problems — or at least account payables’.

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FPA

Manual invoice processing is hurting your company. Agile invoice processing is the fix.

Agility means to move quickly and easily. Manual invoice processing is the antithesis of agility. There are multiple points of friction that slow down manual invoice processing and it’s costing your organization time and money.

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FPA

avvaneo + strategic partners

avvaneo + strategic partners = solutions that work

avvaneo’s experience combined with our range of partnerships with leading application vendors creates the perfect solution for automating financial processes.

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Are you stuck with heaps of incoming invoices?

Do you have lots of invoices flying around in your company and you lost track?
Why not automate your invoice processing?

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How robotics improve AP …and No, they aren’t coming for your Job.

Robots aren’t replacing everyone, but the misconception is understandable given the constant barrage of warnings from robotization experts and press. The reality is that in many environments, robotic process automation is about the efficient allocation of the people doing the work, not about reducing the number of people who are working.

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avvaneo partners with Centrifuge to bring blockchain to financial process automation

avvaneo, innovators of leading-edge financial applications and approaches, today announced it has partnered with Centrifuge - the Operating System for the financial supply chain - to create a more open and innovative blockchain-based supply chain for ERP, accounting systems, and other financial processes.

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avvaneo Document Creator 2 certified as powered by SAP NetWeaver®

By integrating avvaneo Document Creator into your existing processes, you can engage your business’s most critical invoicing activities for your business now directly in SAP!

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avvaneo Document Creator certified as powered by SAP NetWeaver®

avvaneo Document Creator is the first SAP-certified ZUGFeRD solution for billing, thus guaranteeing simple integration into all SAP ERP systems.

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avvaneo is here!

Today we are very happy to announce the beginning of something great: our newly founded company with a new vision to further support a growing SAP market.

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We look forward
to you

At the largest traffic hub in Germany and at the largest Internet hub in the world. If you're ever in the area and you have the time, we'd love to meet you in person.

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60386 Frankfurt am Main
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