Increase Non-PO Invoice Automation with AI

Snowfox.AI predicts the postings and routing of your Non-PO invoices automatically using artificial intelligence and saves time from manual work.

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What our customers think

Roope Rauhalinna

Development Manager, Mehiläinen

Now with Snowfox.AI, around 90% of our invoices are routed automatically. This has really exceeded our expectations, and significantly decreased all manual work related to all accounts payable.

Juha Väänänen

Palette Software

Our experiences with artificial intelligence are really promising. Also the possibilities of savings are honestly unbelievable.

Pasi Vilhunen

Bravedo

Snowfox.AI routes and posts our purchase invoices automatically. This has really helped cut costs on both the accounts payable side, as well as the business side. After these experiences, I wouldn’t know how to go back to the way we did things before.

Joel Särkkä

CIO, Renta Group

We have been able to improve the quality of accounting when invoices have been
pre-accounted using artificial intelligence.

Janne Blomqvist

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.

❮ ❯

Mehiläinen
Palette
Bravedo
Renta Group
Azets

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Artificial intelligence in automating the purchase invoice handling process

This guide provides a comprehensive overview of how artificial intelligence can be utilized to automate the purchase invoicing process.

After reading the guide, you will understand:

Why is automating the purchase invoicing process so important today?
How does artificial intelligence work, learn and develop?
What levels of automation can be achieved with artificial intelligence?
How does artificial intelligence integrate into the purchase invoicing system?

AI automates the posting and routing for Non-PO invoices

Status Quo
With Non-PO invoices, you can reach an automation level between 10—40% with AP automation features. The rest is done manually. Manually handled Non-PO invoice costs at least 10 € per invoice.

With Snowfox.AI
Snowfox.AI automates the posting and routing for those Non-PO invoices that doesn’t have automation rules with your AP automation platform. Each invoice automated by AI saves you many Euros.

Why Snowfox.AI?

Handling purchase invoices manually is expensive

Typically 60% - 90% of Non-PO invoices are being handeled manually. The manual routing and posting costs around 10 € per invoice. The costs of AI are a tiny fraction of the costs of manual work, and you’ll see the benefits instantly after implementation.

The easiest way to increase your Non-PO automation

Artificial Intelligence builds all the automation rules straight from the historic invoice and posting data and no rules need to be created manually. So, implementing AI is very easy and quick.

Very easy to implement

Implementing AI doesn’t require an IT project. Snowfox.AI can easily be connected with any AP automation software using our interfaces. Implementation takes around 3 weeks of calendar time.

Value-based pricing

Our pricing is based on the benefits you get, which means that you only pay for the automated purchase invoices. Each purchase invoice automated via Snowfox means significant cost savings for your company.

The benefits of Snowfox.AI

Decreases the costs related to handling purchase invoices

A lot of purchase invoices require manual handling. When you have AI to support you with routing and posting, the costs related to handling purchase invoices drop significantly. Handling them manually costs over 10 € per invoice—and AI will do the same work with a fraction of the costs.

Accelerates the invoice cycle

When AI takes care of the routing and posting of purchase invoices, their handling becomes significantly faster. The only remaining tasks are validating and approving the invoices and confirming the posting. This makes the invoices move through the cycle much faster.

Saves time from manual work

With AI, you can automate up to 90% of the manual work required to handle purchase invoices.

Helps you align your posting process

Different people post invoices in different ways. With AI, you can make sure that all your processes are aligned, and your reporting is clear and consistent.

Try the Snowfox.AI artificial intelligence for free

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.

Try our service for free