Finance Automation

Finance Automation component improves the Accounts Payable Workflow performance, running smarter and faster the invoice verification prrocess. FA is powered by Machine Learning & AI algorithms. Accountants can easily access the results of the “Three way match” performed by the Finance Automation Engine, i.e. the comparison between the Vendor Invoice data and SAP logistic data (purchase orders and good receipts).

BENEFITS

  • “Three way match” performed by the Finance Automation Engine, i.e. the comparison between the Vendor Invoice data and SAP logistic data (purchase orders and good receipts)
  • Machine Learning algorithms analyze the invoices and propose SAP accounting data
  • Automatic assignments and Three way match drastically reduce invoice posting time

Target audience

  • Accounting Department

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