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500 million invoices are processed annually
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About the service

smart INVOICE is our flagship product for automated invoice pro­ces­sing. It instantly captures all necessary business infor­ma­tion trapped within the invoice and re-routes any missing or unre­a­dable infor­ma­tion to a human verifier. Thanks to vendor-inde­pen­dent learning algo­rithms, no system adjus­t­ments or previous trainings are required. Smart INVOICE allows you to export struc­tured data extracted from the invoice into any process auto­ma­tion, accoun­ting or ERP system.

Industry

Insurance
Financial Service

Process

Purchase to Pay

Category

Inter­ac­tion Intel­li­gence

Key Features

N
Captures more than 50 header and line items – out-of-the-box
N
Dif­fe­ren­tiates between invoices with and without order reference
N
Matches data based on top-down and fuzzy search algo­rithms
N
Checks against purchase order and goods receipt data and iden­ti­fies quantity mis­mat­ches
N
Applies mathe­ma­tical checks on the extracted invoice amounts
N
Faci­li­tates automated com­pli­ance checks
N
Offers com­for­table web-based GUI optimized for swift veri­fi­ca­tion

Extracted fields

Z

General infor­ma­tion (recipient, date, order number, …)

Z
Creditor-specific details
Z
Payment-specific details (incl. payment con­di­tions, payment methods, bank data…)
Z
Line items
Z
Amounts (incl. tax rate, currency, …)
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Supported Documents

N

Sales invoices

N

Purchase invoices

N

Reverse charges

N

Pro Forma invoices

N

Partial and coll­ec­tive invoices

N

E‑invoices

N

Credit notes

N

Dunning letters

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Get in touch to see how Insiders can unlock
the value hidden in your invoices.
Contact

AI Tech­no­lo­gies

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5

Graph Neural Networks

5

Recurrent Neural Networks

5

Con­vo­lu­tion Neural Networks

5

Natural Language Pro­ces­sing

5

Computer Vision

5

Active Learning

5

Fuzzy-Matching

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… in our Service

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5

Intel­li­gent Image Cleanup

5

Automatic Document Sepa­ra­tion

5

Pre­trained Document Clas­si­fi­ca­tion

5

Self-Learning Data Extra­c­tion

5

Deep Learning Based Table Analysis

5

Intel­li­gent Data Matching

5

Auto Accoun­ting

„Inno­va­tive and tech­no­lo­gi­cally leading products in global use is what our customers expect from us – and that’s what we expect as a customer as well. Insiders impressed us with excellent standard products from the very outset. Today, we process our invoices more quickly and a lot more effi­ci­ently. Insiders has a thorough under­stan­ding of the auto­mo­tive industry.“

Martin Gräber

IT Appli­ca­tion Manage­ment
MAHLE Behr GmbH Co. KG

„Easy, flexible and efficient – this is how invoice pro­ces­sing works with Insiders in the cloud. We are thrilled“

Christian Steiger

Division Manager
Haufe-Lexware GmbH & Co. KG

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