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.
Stockholm / Helsinki, November 2025 — Snowfox, a leader in AI-powered solutions for purchase invoice automation, is pleased to announce a strategic partnership with IFS, a global leader in enterprise software. This collaboration brings Snowfox’s self-learning AI technology directly into the IFS Finance ecosystem, empowering finance teams to automate invoice coding and approvals with unprecedented […]
Seasoned ERP executive and SaaS leader to support AI scale-up on its next growth phase Stockholm / Helsinki, September 2025 — Snowfox, the Nordic AI company transforming accounts payable automation, today announced that Finn Følling has joined as Advisor to the Board, signaling the company’s deepening commitment to industry leadership, system expertise, and accelerated expansion […]
Invoice automation has revolutionised how finance teams handle accounts payable. It delivers speed, cost reduction and consistency in invoice processing. However, even the most advanced AI solutions require a human layer to ensure accuracy, prevent errors and maintain trust. Prediction errors, overlooked anomalies and misclassifications can undermine even the best systems. Human oversight remains essential […]
Accounts payable (AP) is a critical function in any finance operation, yet it often remains burdened by manual tasks, errors and inefficiencies. For CFOs, implementing AI in accounts payable workflows offers a strategic opportunity to transform these processes, unlocking time savings, accuracy and scalability. Finance leaders need to understand the essential considerations, challenges and benefits […]
Finance teams face constant pressure to improve their efficiency, reduce errors and gain better visibility into their accounts payable (AP) processes. Learning from real-world examples of organisations that have implemented AI in accounts payable offers valuable insights into the tangible improvements and strategic benefits possible. Finance teams have achieved significant transformation in their AP workflows […]
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 […]
