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:
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.