Miikka Savolainen is the COO of Snowfox, where he’s responsible for driving operational excellence and aligning strategic initiatives across teams to support growth and scalability. With a deep background in finance automation and a sharp focus on AP innovation, Miikka is passionate about using AI and fintech to streamline operations, reduce friction, and future-proof the finance function.
Protecting sensitive financial data is non-negotiable. Snowfox safeguards financial data through robust cloud infrastructure, full GDPR compliance and enterprise-grade security protocols. For finance leaders, this means embracing invoice processing automation with confidence, knowing your data is protected by systems designed to meet the most stringent of standards. Why Data Security Matters in Invoice Automation Financial […]
In a world where invoice automation drives efficiency, accuracy is critical. Snowfox ensures finance teams stay in complete control of finances by benefiting from cutting-edge AI technology. Explore how Snowfox’s AI delivers high-accuracy invoice predictions, how performance is measured and how finance teams can contribute to monitor and refine it. The Role of AI in […]
Understanding how Snowfox AI transforms the processing of non-PO (non-purchase order) invoices is essential for finance teams looking to boost speed, accuracy and cost savings. Find out how Snowfox’s intelligent invoice automation delivers a practical, future-ready solution for one of the most stubborn pain points in accounts payable. The Challenge of Non-PO Invoices Non-PO invoices […]
The Cost of Manual Invoice Processing For finance teams and SMEs, time is one of the most valuable yet most misused resources. Manual invoice processing often appears straightforward but is riddled with hidden inefficiencies; such as chasing approvals, resolving entry errors and sifting through archives. Each step in a manual process delays payments and drains […]
Invoice Compliance in the UK Ensuring compliance in invoice processing is a critical component of financial governance. For UK businesses, adhering to invoicing regulations means avoiding legal penalties, reducing the risk of fraud and maintaining strong vendor relationships. Non-compliance can lead to fines, audits or disruptions in cash flow – outcomes no finance team can […]
The Complexity of VAT for International Invoicing Managing VAT on international invoices is one of the most common stumbling blocks for UK businesses engaged in cross-border trade. Different countries apply varying VAT rules based on transaction type, customer status and supply location. Misunderstanding these rules can result in overcharging or undercharging VAT, compliance breaches, and […]
The Invoice Challenge for UK Small Businesses Manual invoicing can be a burden for small business owners juggling multiple roles. From tracking payments and correcting typos to chasing overdue invoices, it’s a time-consuming process that is prone to errors. As the volume of transactions increases, so do the challenges. That’s why invoice automation is rapidly […]
Accounts payable (AP) is one of the most labour-intensive functions in finance – and also one of the most ripe for transformation. With automated invoice processing, finance leaders can cut costs, improve accuracy and free up staff for higher-value work. But how do you quantify those gains? Calculating the return on investment (ROI) of AP […]
Implementing automated invoice processing is a transformative step for any finance function. By replacing repetitive manual tasks with AI-driven workflows, accounts payable (AP) teams unlock new levels of speed, accuracy and control. But true optimisation begins after automation is in place. Tracking the right key performance indicators (KPIs) enables finance leaders to validate ROI, catch […]
Efficient invoice processing is crucial for maintaining smooth business operations. Without streamlined financial systems, businesses face delays, errors, and bottlenecks that halter growth and drain valuable time. Beginners often struggle with manual processes, leading to slow approvals and human errors that affect cash flow and relationships with vendors. By embracing digital tools, businesses can solve […]
