Accounts payable (AP) is one of the most labour-intensive functions in finance – and also one of the most ripe for transformation. With automated invoice processing, finance leaders can cut costs, improve accuracy and free up staff for higher-value work. But how do you quantify those gains? Calculating the return on investment (ROI) of AP […]
Implementing automated invoice processing is a transformative step for any finance function. By replacing repetitive manual tasks with AI-driven workflows, accounts payable (AP) teams unlock new levels of speed, accuracy and control. But true optimisation begins after automation is in place. Tracking the right key performance indicators (KPIs) enables finance leaders to validate ROI, catch […]
Discover how to implement accounts payable automation in your business with our step-by-step guide. Learn key benefits, best practices and real-world examples.
Streamline your invoice workflows, improve accuracy and save time with Snowfox’s advanced automation solutions. Schedule a demo today to learn more!
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The use of artificial intelligence in automating the purchase-to-pay process has skyrocketed in recent years. Many organizations have implemented AI in their financial management and are enjoying the automation it brings. However, some have made poor choices regarding AI, missing out on its benefits. These experiences could have been very negative and may have increased […]
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 […]
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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 […]
