Future proof Invoice-to-Pay cloud solution
Discover how our smart accounts payable invoice processing solution -powered by Artificial Intelligence- can help you.
With the Cevinio’s Invoice-to-Pay cloud solution, our clients reach above average levels of automation leading to 3-5 times higher productivity.
Get in touchWhy Cevinio Invoice-to-Pay
At Cevinio, we provide you with more than a future-proof multi-OCR (Optical Character Recognition) powered by AI (Artificial Intelligence) and low-code/no-code accounting robot that continuously improves accuracy, productivity, and on-time payments. We have developed a solution that addresses your challenges and provides for creative solutions. By working closely with our clients, we learn about their pains and struggles. These insights inspire our team to look for ways to streamline their invoice process, making it more efficient and effective. Besides, we take a different approach by bringing human-machine collaboration into play. We describe our product as a robot that thinks like a human, as it is based on next-generation algorithms. Explore the unique features of our solution
Accounting & Compliance robot: generating an audit trail for each posting
Consistency in cost allocation
Tax accounting engine
Compliance validations
Line-level matching of Purchase Order-Goods Received Note-Invoice
Ability to support 2-way matching
Approval of non-PO invoices, based on matrices
Obtain approvals regarding mismatches on price and quantities
Seamless data ingestion: paper, e-mail and e-invoices
Invoice splitting of batches of scanned paper invoices
Vendor portal available for pdf and XML invoices
Smart data matching: We use the most appropriate data capturing tool for each individual invoice
Invoice header data alignment with master data and transactional data
No templating and language independent
Self-learning ability
Scale and grow: Multi ERP connectivity, multi legal entities
Integration through API or sFTP
We currently have connections with >350 (versions of) ERP
How will you benefit?
We apply these technologies to make our solution smarter and more autonomous, allowing your AP team the ability to perform high-value tasks and grow professionally. By implementing Cevinio you will benefit from:
Without & with Cevinio Invoice-to-Pay
Let us take you on a short journey through your daily invoice processing challenges. In contrast, we show you the benefits of implementing a new way of working: human-robot collaboration. Our technology is at your service so you can bring your finance where you want to be.
Without |
With Cevinio |
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| Accounts payable productivity is not where you want it to be |  |
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Increased productivity: 3-5 times! |
| Long throughput times | |
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Fast invoice management cycle |
| Late-payment fees | |
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Early payment discounts |
| The invoice approval workflow is cumbersome and error prone | |
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Clear invoice approval process |
| Time-consuming supplier communication | |
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Supplier finds information on portal |
| Struggling to adapt to hybrid working models | |
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Work from anywhere |
| Struggling to onboard (long-tail) suppliers to your invoice platform | |
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Free onboarding for your suppliers on the Cevinio vendor portal, and free use of it |
| Compliance issues with vendor invoices keep on popping up | |
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Improved compliance |
| IT landscape is challenging with multiple instances / applications | |
|
Ability to connect to any ERP, seamlessly |
Technologies and functionalities of Cevinio
What will Cevinio Invoice-to-Pay bring to your role?
Select your role
- On-time payment of all invoices, benefiting from early payments and preventing late payments
- Increased Compliance and accounting accuracy
- Reduced cost of the Invoice-to-Pay process
Our global implementation partners
Our latest posts and news
News
Whitepaper
How artificial intelligence can boost your accounts payable process
In this whitepaper we show trends in Artificial Intelligence and how Cevinio makes use of it for our Humanized Intelligent OCR and other elements to move towards the promise of tomorrow: e-invoicing. Read more..
Post
4 key benefits of accounts payable automation
Recent study by Accenture shows that only 34% of finance tasks are currently automated. This relatively low percentage might come as a surprise, but there is a promising outlook: 77% of all CFOs are… Read more..Title
Get in touch with us
Start working on your 2022 goals today, and ensure higher accuracy, productivity, and on-time payments. Drive the change with us!
Cevinio offers super smart Invoice-to-Pay solutions than ensure accuracy, productivity and on time payments
Hofplein 20
3032 AC Rotterdam
The Netherlands
