Blog
Digitization is a megatrend. An important part of this is electronic invoices as a mandatory requirement for business-to-business transactions. Their introduction will soon be mandatory throughout Europe - no company will be able to avoid this digitization step. In Germany, the legal guideline for this is contained in the Growth Opportunities Act.
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
It can be a long road from fully automated digitization of invoice documents to end-to-end automatic posting. Where do the problems lie?
Read article Blumatix & avvaneo: Together we make you more efficient
We are looking forward to working with the SAP Competence Center and the accounting department of ASFiNAG, the Austrian freeway operator.
Last week we went to Berlin with the entire team of avvaneo to our annual workshop.
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.
Read article AI solves assignment problems faster than humans - Part 2
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.
Read article AI solves assignment problems faster than humans - Part 1
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.
Read article AI for more speed: Intelligent account assignment of incoming invoices
Newsletter
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.
Carl-Benz-Straße 39-41
60386 Frankfurt am Main
Germany
