Is using AI to easily achieve fully automated bill management the financial automation you want?

As a finance professional, you have to face a large number of invoices every day, from paper to electronic, from domestic to international, from employees to suppliers… each one is beyond your capacity.

You are well aware that accurate and compliant records of every transaction are the lifeline of a company, but the tedious collection and data entry of invoices, the complexity of verification and validation, the inefficiency of reconciliation and settlement, and the challenges of compliance all make you tired and stressed.

You, who are still using traditional methods to manually process invoices, are time-consuming and laborious

● Are you still struggling to verify the authenticity of invoices and check compliance, worried about increasing financial risks?

● Are you still troubled by the complexity of the three order matching rules and the low efficiency of manual reconciliation and settlement?

● Are you still anxious about the low efficiency of accounts payable processing, worried that slow invoice review and approval processes will affect cash flow management?

Do you expect an automated tool that can make ticket processing as simple as clicking a mouse and data validation as natural as breathing?

of course! Nowadays, AI can fully assist you in automatically completing these large and tedious financial tasks. By using Acloudiear AI ticket automation solution, you can easily and efficiently automate ticket management with just one click!

This solution adopts cutting-edge AI technology and big data analysis, including image preprocessing, intelligent text recognition, and data analysis, to achieve full process automation from invoice collection, recognition, verification to ERP reconciliation and settlement. Effectively shorten the invoice processing cycle, reduce human errors, improve financial efficiency while strengthening compliance, and achieve intelligent upgrading of enterprise financial management and integration of business and finance.

With the powerful features of Acloudier AI ticket automation solution, you no longer have to worry about invoice management!

Automatic ticket collection

Through the system’s automatic collection, organization, and archiving of invoices, it supports the upload and import of diverse bills and multiple file formats such as PDF, OFD, XML, CSV, XLS, XLSX, etc. It is also compatible with E-invoice standards such as XRechnung, ZUGFERD, as well as Chinese value-added tax invoices (electronic/paper), overseas invoices, etc. It supports multi-source input, and paper invoices can also be scanned and uploaded in bulk.

Automatic Merge&Split

Equipped with intelligent document splitting and merging functions, it supports automatic scanning splitting and manual splitting/merging. It can not only process invoices, but also automatically identify and convert payment related invoices, purchase orders, and contracts, realizing digital centralized management of bill data, improving internal communication efficiency and payment process compliance.

Intelligent recognition of multiple types of bills

Supports automatic recognition of various invoices, receipts, purchase orders, contracts, and other documents. The built-in image preprocessing module solves the prerequisite problems of non-standard image acquisition and unavailable warehouse data. The recognition accuracy is high, and it supports 50+language recognition. The character recognition accuracy is as high as 99%, and the field accuracy is between 85% and 98%, ensuring high precision data extraction.

Automatic verification of authenticity

Support automatic verification of the authenticity of domestic and foreign invoices, with a built-in knowledge base of tax rates in major trading countries worldwide. It can automatically verify the writing rules of dates and amounts, and conduct compliance checks according to the latest tax regulations to ensure invoice processing compliance and reduce the risk of human judgment errors. It only takes 3.5 hours to complete the input, verification, and compliance check of 1.5K invoices, increasing your invoice processing speed by nearly 15 times!

Intelligent matching of three data orders

Automatically compare data between invoices, purchase orders, and receipts or statements, carefully verify key elements such as amounts, quantities, and supplier information, and prompt for anomalies or errors, thereby ensuring the accuracy and consistency of transaction data and greatly improving reconciliation efficiency.

Seamless integration with ERP

One of the highlights of this plan. It can seamlessly integrate with SAP and other non SAP ERP systems to achieve automated processes from bill input to settlement voucher generation, including automatic invoice matching, advance payment verification and automatic clearing, automatic invoice posting, supplier accounts payable, and other functions, effectively simplifying the reconciliation process and achieving business finance integration.

Easy to use out of the box operation

It can be integrated with customer workflows through APIs, making it easy to configure the human-computer interaction platform. It is simple and user-friendly, and enterprise users can get started within minutes without the need for complex setup processes, enabling rapid deployment and use.

Now, with this partner, your work has become easier. It will greatly simplify your financial work and say goodbye to the low efficiency of manual processing, concerns about frequent invoice matching errors, difficult reconciliation, high compliance risks, and scattered bill data management

Acloudier AI Bill Automation Solution provides you with:

● Higher work efficiency: Automatically process a large number of invoices, saving time and effort;

● Less errors: Ensuring data accuracy through AI technology to help optimize AP processes;

● Stronger compliance: Automatically verify the authenticity of invoices to ensure the compliance of financial work;

● Faster response speed: seamless integration with ERP to achieve business and finance integration;

● Better decision support: Provide accurate data analysis to assist management in formulating strategies.

As a result, you have more time to analyze data, plan strategies, focus on innovative and valuable work, and become a true financial think tank for the company. Your management is also able to make more informed decisions based on the real-time and accurate financial data you provide.

Acloudier AI bill automation solution brings unprecedented freedom and efficiency to finance, taking you on a new experience of financial automation management! Welcome to experience~

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This article "Is using AI to easily achieve fully automated bill management the financial automation you want?" by AcloudEAR. We focus on business applications such as cloud ERP.

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