VAT Returns: How AI radically simplifies the refund of input tax
The refund of input tax amounts from other EU countries is burdensome. It is not uncommon for the cost of manual refund procedures to exceed the tax gain that comes…
More than 4,000 finance professionals already trust Finmatics. Reduce your document processing effort by 50%. Secure and reliable.
The refund of input tax amounts from other EU countries is burdensome. It is not uncommon for the cost of manual refund procedures to exceed the tax gain that comes…
With the rise of new technologies, shared service centers (SSC) need to constantly adapt their way of operating. A shining example of this trend is Avis Budget Group. Its SSC…
How digitalization is discussed and how it is implemented are two different pairs of shoes. Everyone talks about AI and robotics, but in most companies digitalisation comes down to a…
Together, BMD and Finmatics of Abacus.ac, provide an integrated solution for the intelligent automation of their customers’ invoice receipt process: From the digitalization of the receipts to the AI-supported readout…
Together with Finmatics, Vienna’s number one public utility company Wiener Stadtwerke automated invoice processing at the beginning of 2020 by using AI (Artificial Intelligence). Martina Teuber, head of accounting at…
AI knows no borders. A statement that is not only to be read philosophically, but can also be taken literally. CONFIDA is a living example of the cross-national use of…
Anyone who still asks whether AI will persist in accounting asks the wrong question. Béla Tasi, Managing Director of the Shared Service Center of Enteos in Hungary, knows that “it’s…
Upload or scan all your documents and our self-learning software Finmatics® recognizes the first and last page of each document. Never again stick manually barcodes or use any kind of separators.
Based on individual document types the deep learning models classifies the documents according to company specific document types. Never again run manual presorting of incoming documents.
Machine learning models retrieve the relevant data based on historical data of the company. Changes or additional data fields entered by employees start the training of our self-learning software.
Companies use the seamless integrated multi-stage document approval workflow for documents. Total process transparency and unprecedented control and insight over you organization’s document flow.
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