Taking the first step is easy
and free of charge.
How is automation done now?
With the current AP automation features on the market, you can reach an automation level between 10—40% of your non-PO invoices. The rest is done manually. Manually handled Non-PO invoice costs at least 10 € per invoice.
How is automation done with Snowfox.AI?
Snowfox.AI automates the posting and routing of those Non-PO invoices that don't have automation rules with your AP automation platform. Each invoice automated by AI saves you a lot of time and money.
Head of Invoice Automation, Heeros
Artificial intelligence has become part of the financial administration and we are proud to be able to offer the invoice automation that it brings to our customers.
The implementation of Snowfox.AI’s artificial intelligence has significantly increased our purchase invoice automation. It has been great to witness that artificial intelligence can automatize even the most challenging purchase invoice's postings and routings.
Group Financial Controller, Realia Group
Snowfox.AI artificial intelligence solution has significantly automatized the handling of purchase invoices and brought cost savings. Results arrived immediately after the implementation and we are very pleased about it. Without artificial intelligence, our purchase invoice automation would not be at the current level.
Business Controller, Aava Medical Center
We want to be a pioneer in the use of artificial intelligence and Snowfox.AI offers us a great opportunity from a vantage point to do so. We have received good results with the forecasts made by Snowfox, e.g. workflow proposals. We look forward for their new innovations with artificial intelligence.
Director, Accounting Services, Azets
Right from our first common client, we at Azets noticed that the collaboration with Snowfox.AI was easy, fast and result-oriented. The reason for the continued deepening of our cooperation is clear: Azets and Snowfox.AI have the same goal, we want to provide our customers efficient service in the most efficient way possible.
CEO, Rillion Finland
Our experiences with artificial intelligence are really promising. Also the possibilities of savings are honestly unbelievable.
Sales Director, OpusCapita
It’s great to get to work with Snowfox.AI. Through the partnership, we are able to take our customers’ purchase invoice automation to the next level in the Nordics and Europe.
We have you covered. Read our guide on how artificial intelligence automates your accounts payable processes. Our guide provides a comprehensive overview of how artificial intelligence can learn to code and route purchase invoices.After reading the guide, you will understand:
Around 60% - 90% of non-PO invoices are handled manually. This manual routing and posting costs around 10 € per invoice! If you sort through thousands or tens of thousands of invoices by hand, you don’t need a math degree to know the process is costing you a lot of time and money. This is where AI helps. The costs of AI are a fraction of the costs of manual work.
Artificial Intelligence builds and learns the automation rules from the historic invoice and posting data. No need to create rules manually. So, implementing AI is very easy and quick.
You will also see the benefits instantly after implementation.
Implementing our AI is very easy and quick. We don’t do massive IT projects. Snowfox.AI can easily be connected with any AP automation software using our interfaces.
You only pay when our AI does things right. In other words: we only charge when an invoice is successfully automated. The more AI learns, the more invoices it automates and the more money your company will save.
A lot of purchase invoices require manual handling. When you have AI to support you with routing and posting, the costs related to handling them drop significantly. Handling invoices manually costs over 10 € per invoice. AI will do the same work with a fraction of the costs.
When AI takes care of the routing and posting of purchase invoices, their handling becomes so much faster. The only remaining tasks for you are to validate, approve and confirm. This makes the invoices move through the cycle much faster.
AI can automate up to 90% of the manual work from purchase invoice processes. Imagine what your financial administrations could do with that extra time!
Different people post invoices in different ways. With AI, you can make sure that all your processes are aligned and your reporting is consistent.
To test Snowfox.AI, we need purchase invoices and their postings, as well as the related invoice circulation data from the previous 3—12 months. You can get this information from your invoice operator and purchase invoice system.
When we’ve received the data from you, we’ll start teaching it to our AI. From the data you provide, we give around 70% to the algorithm to learn. During this time, the AI will use the data to learn how invoice posting and routing is done at your company.
After we’ve taught the AI, we’ll conduct the test with the remaining 30% of the data you provided. We’ll then have clear results to show how well the system can predict future routings and postings. We go through the results together with you in further detail.
and free of charge.