Efficiency, automation, and accuracy are the cornerstones of financial management. Snowfox.AI’s artificial intelligence capability, alongside Exflow, brings these elements even more strongly into the daily operations of businesses. Snowfox.AI’s purchase invoice AI can now be easily connected as an add on module to Exflow, enabling a significant improvement in purchase invoice automation for Exflow users […]
The introduction of artificial intelligence has revolutionized the purchase invoice automation – But how does it work?
The processing of purchase invoices has traditionally been a very manual and labor-intensive process. The most time-consuming tasks in the processing of purchase invoices are manual coding and routing the invoices for review and approval. Often, the actual physical clicking work is not the most labor-intensive part; rather, it’s the thinking work behind it. When […]
Artificial intelligence automates the building of purchase invoice automation
Artificial intelligence has brought the biggest leap in development for purchase invoice automation in the last decades. The change is so significant that it even seems unbelievable. I still often hear comments from our customers in the negotiation phase that ‘this sounds too good to be true.’ What kind of change does artificial intelligence bring […]
You can’t build an effective purchase invoice automation with traditional methods
Almost all medium and large organizations have been struggling with a manual purchase invoice process for years. I have met with hundreds of large organizations over the past couple of years and have become familiar with their purchase invoicing processes. The more I have seen different organizations, the more convinced I have become that the […]
Palkeet develops invoice automation with the help of Snowfox.AI artificial intelligence
The Finnish government shared services center for finance and HR (Palkeet) is a provider of group services in the administrative branch of the Ministry of Finance. Palkeet provides finance and HR services for central government agencies, departments and funds, as well as state-owned businesses and fully state-owned limited companies that provide services for the Finnish […]
AI in finance: what processes to automate and what to leave alone
As technology has become more advanced and sophisticated, companies have turned their eyes on artificial intelligence (AI) as a way to solve a whole range of issues for them. New AI applications are being developed to automate a wider range of tasks, from customer service to fraud detection. One place where AI can have a […]
Blog: How to increase accounts payable automation with your current software capabilities and AI?
Increasing automation in financial administration has been a bit of a struggle for companies. Sure, there are parts of processes and tasks that have been possible to automate. But one area for which there have not been great automation solutions is purchase invoice handling. Yet, this is usually where companies have a lot to gain […]
Blog: How can AI automation help financial management become more strategic?
You have probably heard the argument that technology will transform financial administration from a manual processor into a strategic partner for business. This will mostly happen through the freed up time finance admins will have after technology will automatically handle the work they have done by hand. There are two sides to the argument. Firstly, […]
How OpusCapita AI-boosted their invoice automation with Snowfox and achieved automation level up to 95%
Snowfox.AI and OpusCapita join their forces on the quest to provide the best possible solution for automating invoice processing for both PO and non-PO invoices. Although invoice automation and artificial intelligence have been talked about in the industry for years, Snowfox.AI and OpusCapita see that many businesses still handle a majority of their invoices manually. […]
FAQ – Common questions from our customers
At Snowfox we meet dozens of customers on weekly basis. Our Customer Journey consists of 4 phases: Meet’n greet cost-free AI trial startup customer success and support, including service expansions, new countries, etc. We have noticed that we get asked the same questions frequently. I want to address the top 10 questions here: 1. We have a lot of […]