We are committed to Challenge your processes and propose suggestions to Improve your current way of working.
There will be some tough challenges to work through, but we are only satisfied when we together Exceed your goals as a Team and we can Amaze you with the results in the short and long run.
Challenge. Improve. Amaze.
We know that the finance community has been waiting for an AI driven super smart automated Invoice -to-Pay system. That is why we developed the Cevinio AI driven product for automatic invoice processing, with the commitment to deliver the highest possible accuracy and as many truly touchless Accounts payable invoices as possible.
We also know that it is difficult to choose the best Invoice-to-Pay solution for now, as well as in the future. That is why we are committed to deliver a future-proof product and we continuously improve the Cevinio product with both developing innovative features ourselves, as well as integrating and embedding best-in-the market third-party solutions. Third party tools for example are various AI driven OCR capture tools that are managed by the Cevinio-AI that selects the best tools for an invoice.
You want the highest possible accuracy results, in order to achieve the highest possible productivity.
Our team has over 300 years of experience analyzing OCR capture tools. Each tool has it’s Pro’s and Con’s with one thing in common: They all make mistakes!
The actual accuracy is the result of first the OCR Capture, followed by the interpretation of the captured data. Cevinio never developed it’s own OCR capture tool, but has been using Iris OCR Capture since the start, later extended by Google Tesseract, ABBYY and Kofax/Readsoft and now extended with other great new technologies.
We deliver a futureproof invoice processing solution for enterprises with a smart, forward-thinking software solution. We make it easy for companies globally to process millions of invoices more efficiently and cost-effectively, while increasing productivity and decreasing compliance risk. And it’s self-learning: our super smart software remembers previous mistakes and learns from them. It’s a next level Algorithm you have never seen before leading to a potentially ‘touchless’ system that requires minimal manual intervention and compliance checks. Super-smart software, that thinks like a person.
The algorithms are one of a kind. They can read as a human would do, while they can actually not read. It is about pattern recognition, human-like data interpretations, relations between data elements and more. From automatic coding of non-po invoices, to automated PO/GRN (Goods Receipt Note) line level matching. Unique is the PO/GRN line level matching with scanned invoices, without the use of templates. So, our solution does line level matching, while it does not know what an invoice line is (on a scanned document). The reading as a human would do is applied as well for the various invoice compliance checks that you require. For example: if the bank account on the invoice is not in line with the Vendor Master Data, the system will show a notification to operator, to ask for a manual check. Focus of the operators on the exceptions as identified by the algorithms.
Our system can change the way you experience invoice processing in your company. You will see positive accuracy and productivity results instantly, due to our integrated end-to-end product.
Let your invoice-to-pay future start today.
At Cevinio we love to work for global organizations with complex invoicing processes. Want to find out how our smart solutions helped other businesses becoming more productive? Check out our cases right here…
Via our smart solutions we reduce manual operations, make invoice processing faster and decrease the invoice-to-pay process costs, while improving invoice compliance. Check our solution and way of working right here…