In our customers' words
The project has been really interesting, and I am particularly surprised by how good results have been achieved in such a short time. This has been an anticipated step forward in the development of the purchase invoice process and has inspired the whole team to identify areas where automation should be increased.
Tiina Sollo
Service Director
I am very satisfied with Snowfox.AI artificial intelligence solution. We have been able to leverage the automation brought by AI very effectively, and we have achieved results quickly with a very reasonable investment.I especially appreciate the fact that Snowfox operates on a SaaS model, connecting with our existing invoice workflow solution.
Seppo Haapalainen
CFO
In the very first month, the prediction accuracy of invoices covered by the automation increased to over 80%, and at the moment we are already above 90%.
Olli-Pekka Kuha
Enterprise Architect, Kiinteistötahkola Ltd
After implementing Snowfox, the duration of our sending and review tasks in P2P has dropped by 4 days.
Katriina Kokko
Financial Systems Manager, Cramo Group
Artificial intelligence has allowed us to take a leap forward with our automation levels. That results in smoother processing of purchase invoices and in time savings
Katja Somppi
Business Manager, Sarastia
The biggest tangible impact is that we have doubled the number of purchase invoices since we started using Snowfox AI, and we are able to handle the invoices with the same resources.
Heidi Perälä
Team Lead, PHM Group
Now with Snowfox.AI, around 90% of our invoices are routed automatically. This has really exceeded our expectations, and significantly decreased all manual work related to all accounts payable.
Roope Rauhalinna
Development Manager, Mehiläinen
Artificial intelligence has become part of the financial administration and we are proud to be able to offer the invoice automation that it brings to our customers.
Heidi Hyyryläinen
Head of Invoice Automation, Heeros
The implementation of Snowfox.AI’s artificial intelligence has significantly increased our purchase invoice automation. It has been great to witness that artificial intelligence can automatize even the most challenging purchase invoice's postings and routings.
Pepitta Nyman
Accountant, Versowood
Snowfox.AI artificial intelligence solution has significantly automatized the handling of purchase invoices and brought cost savings. Results arrived immediately after the implementation and we are very pleased about it. Without artificial intelligence, our purchase invoice automation would not be at the current level.
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Taru Manner
Group Financial Controller, Retta
We want to be a pioneer in the use of artificial intelligence and Snowfox.AI offers us a great opportunity from a vantage point to do so. We have received good results with the forecasts made by Snowfox, e.g. workflow proposals. We look forward for their new innovations with artificial intelligence.
Katja Primetta
Business Controller, Aava Medical Center
Right from our first common client, we at Azets noticed that the collaboration with Snowfox.AI was easy, fast and result-oriented. The reason for the continued deepening of our cooperation is clear: Azets and Snowfox.AI have the same goal, we want to provide our customers efficient service in the most efficient way possible.
Janne Blomqvist
Director, Accounting Services, Azets
Our experiences with artificial intelligence are really promising. Also the possibilities of savings are honestly unbelievable.
Juha Väänänen
CEO, Rillion Finland
Snowfox.AI routes and posts our purchase invoices automatically. This has really helped cut costs on both the accounts payable side, as well as the business side. After these experiences, I wouldn’t know how to go back to the way we did things before.
Pasi Vilhunen
CFO, Bravedo
We have been able to improve the quality of accounting when invoices have been pre-accounted using artificial intelligence.
Joel Särkkä
CIO, Renta Group
It’s great to get to work with Snowfox.AI. Through the partnership, we are able to take our customers’ purchase invoice automation to the next level in the Nordics and Europe.
Heikki Pulli
Sales Director, OpusCapita
- Colliers
- ISS
- Kiinteistötahkola
- Cramo Group
- Sarastia
- PHM Group
- Mehiläinen
- Heeros
- Versowood
- Retta
- Aava
- Azets
- Rillion
- Bravedo
- Renta Group
- Opus Capita
Snowfox.AI product features
Automatic coding
AI codes invoices automatically based on historical invoice data. It even predicts multirow postings.
AI works together with your purchase invoice system by only automating invoices that you cannot process automatically with your existing system.
Automatic routing
AI routes invoices automatically for approval flow. The more the AI handles purchase invoices, the better the accuracy of its predictions become.
AI’s accuracy for predicting workflow correctly is 70–95%.
Real-time reporting
You can follow real-time how correctly AI is performing.
The reports show how accurate AI’s coding and routing predictions are for each coding dimension.
Data fetching
AI finds missing information from an invoice XML or image and populates data to the correct invoice field.
AI fetches all kind of reference data from all the invoice data fields, such as project numbers, contract numbers, purchase order numbers etc.
Invoice image recognition
Snowfox is using all the data from invoice images for the AI prediction purposes. We are not creating a structured data format from the invoice image but analyzing all the text content for the AI predictions.
AI can code and route automatically even if you only are receiving invoice images.
PO matching
AI finds missing purchase order numbers from invoice data and invoice images and populates the correct PO field.
We have more to come for this feature!
Touchless process
AI can move auto coded invoices straight to the booking system without an approval process.
You save a lot of time when you determine which invoices AI can handle without anyone
touching them.
Snowfox.AI integrates with all accounts payable software
API
With the APIs, only those purchase invoices that would otherwise go to manual processing will be processed by the AI.
SFTP
Through the SFTP interface, all purchase invoices are processed by Snowfox.AI and then moved up in your purchase invoice system.
Works seamlessly with all the AP solutions and ERP's
Integrates easily and quickly through existing interfaces
The most accurate invoice automation AI in the market
Snowfox.AI can be easily connected with all AP automation software and ERP's
Transaction fee only per correctly predicted invoice
We only charge for the invoices the AI predicts correctly. The predictions are checked automatically with real-time reporting after the invoices have been approved.
Implementation fee
We don’t do big IT projects so our implementation process is quick and easy. That is why our implementation fees are not astronomical, but they do depend on your individual needs.
Fixed annual fee
This is a fixed annual subscription fee. We use this fee to cover service updates, customer support, and continuous development. The amount depends on the complexity of your current system.
World-class data centres
The Snowfox.AI service is hosted on Google Cloud. The infrastructure of Google Cloud is one of the safest, most trusted, and most secure cloud environments in the world.
Data encryption
We protect your data by using secure servers and data encryption during internal and external data transfers. We store the data in an encrypted form in our databases and data warehouses.
The data is stored inside EU/EEA
We store your data safely. Everything is saved and transferred in an encrypted form inside EU/EEA, and we create backups regularly. This way, we ensure that your valuable information stays safe and sound, no matter what.
Top class data security
Snowfox's development team has certified security experience. We conduct an annual third-party security audit, which covers technical security and its underlying processes. This ensures that our service is secure and is developed and maintained with a high level of security.
