Are you engaged in the field of Accounts Payable? Then you are likely familiar with acronyms such as OCR (Optical Character Recognition), RPA (Robotic Process Automation), and AI (Artificial Intelligence) in the domain of Accounts Payable automation. However, gaining a comprehensive understanding of these terms, their operational mechanisms, their potential benefits, and the extent of […]
A well-defined statement helps participants focus their creativity and ensures everyone is on the same page.
Curious about Snowfox? Get a glimpse of its capabilities in this captivating 3 min video filmed at the DPW Amsterdam event. Watch as our CGO, Tuomas Haapsaari, takes the main stage to pitch Snowfox. We hope you enjoy the video and discover the true power of Snowfox!
Regarding the processing of purchase invoices, we are in a better situation than ever before. When we introduced artificial intelligence for automatic purchase invoice coding and routing for approval process in 2018, no one else was offering it. This also meant that there were no previous experiences in the market of utilizing AI in purchase […]
Get ready for a groundbreaking event that is set to reshape the landscape of the business services sector, The ABSL Conference: Beyond 4X. The Association of Business Service Leaders in the Czech Republic (ABSL) is excited to present an event that not only addresses the industry’s most critical challenges but also charts a path toward transformation […]
In this blog, I will delve into our customers’ experiences with purchase invoice AI and how the role of AI has grown in recent years. You have probably already heard that artificial intelligence (AI) is easily integrated into the purchase invoice processing workflow today. The easiest way to do this is to acquire a ready-made […]
Snowfox participated in a master’s research that investigated the experiences and perceptions of artificial intelligence (AI) in financial management. Snowfox has a good understanding of the experiences of financial management personnel regarding AI. But an academic study gives a much-needed analytical perspective into the views of financial administrators. In this blog, I cover how financial […]
Utilizing artificial intelligence in automating the purchase invoice process is a relatively new thing. The use of artificial intelligence is becoming more common all the time and its benefits are clear, but the truth is that the performance of artificial intelligence varies from company to company.The performance of artificial intelligence is affected by many things. […]
Manual purchase invoice handling is one of the most time consuming processes in financial management due to the fact that most of it is still done manually. Yes, there are some systems that have basic rule-based automation workflows, but they don’t really save that much time either. At least not as much for it to […]
The question in the title is often asked in customer meetings; when should we start using AI to automate our purchase invoice handling process? Let’s say you’ve just implemented a new purchase to pay solution. When the changing your P2P system, the previous automation rules have been removed and you will start developing automation rules […]
