Our story

Cevinio Invoice Automation

Cevinio is a SaaS (Software as a Service) company with a story of smart robots, big accomplishments, and creative innovations, succeeding in the invoice automation market.

In 2013, InvoiceSharing originated with the mission of helping finance teams process their invoices more efficiently, avoid extra costs, and improve accuracy and productivity. In 2018, after a long collaboration, InvoiceSharing (founded in 2013) and TBlox (founded in 2005), joined forces to bring their capabilities of automation solutions for finance to the next level. In 2020, both companies were rebranded under the name Cevinio. Together we are stronger than ever! Our AI (Artificial Intelligence) accounting-robot, unique multi-OCR, and A+ team empower us for todays, and tomorrow’s, challenges.
Under the direction of an outstanding leadership team, Cevinio is positioned for success in the invoice automation market, with a focus on global enterprises. We have implemented our invoice automation software in more than 90 countries, helping companies scale and grow. At Cevinio we have a solution that is: multi-ERP, multi-language, and multi-country.

Today Cevinio is a 5-years venture capital backed company and amongst the top 150 scale-up companies ever funded in The Netherlands.

These are our core strengths:

We are better at multi-country and multi-language. We have lots of experience doing it for several clients, we have specialized in large regional or global implementations. In contrast, most of the other competitors play locally.
We have better workflow experience and more experience handling complex invoice scenarios for our clients: mismatches on PO’s, partial invoices, Goods receipts missing and other more complex scenarios.
We are specialists. We do multi-ERP (Oracle, Microsoft Dynamics, Infor…). Most of our customers have a multi-ERP landscape but they preferred a global solution for I2P.
Strengthen vendor management, get more statistics on vendor performance and reliability, and make better use of supplier discounts.

Why Cevinio is focusing on developing the smartest invoice automation software

We know that the finance community has been waiting for an AI driven smart invoice automation system. Some of the pains our clients solve when they implement Cevinio Invoice-to-Pay are:
  • They see their productivity increase as AP reduces the amount of manual and repetitive tasks and starts performing more added-value ones
  • Finance leaders gain control of the working capital as they reduce throughput time
  • Stay compliance and robots run the compliance checks for them
  • Streamline their invoice approval workflows (even for complex invoice scenarios)
  • Get clear data insights to improve the invoice process via our productivity reporting capabilities
  • They scale and grow as we implement global rollouts in multi-language/country
We also know that it is difficult to choose the best Invoice-to-Pay solution for the short-term, as well as long-term. As a result, we are committed to delivering a future-proof product and offer SMART choice. Our method consists of both developing innovative features ourselves, as well as integrating and embedding best-in-class third-party solutions. Third party tools for example, are various AI driven OCR (Optical Character Recognition) capture tools that are managed by the Cevinio-AI to select the best tools for processing an invoice.

Factsheet

Founded in 2018 and rebranded to Cevinio in 2020
75+ Customer Globally

In these industries and more, Global Oil Services Company, European Oil Company, European Food produce, Global Asset Manager, Global Retailer, Global Lease Company, Global BPO

Invoice processed in more than 90 countries

Managing global and local tax & legal compliance, Language independent, Third Generation Artificial Intelligence, Low-code/no-code robot

HQ in Rotterdam; Development in Barcelona
Our senior team members have over 15 years of AP (Accounts Payable) automation experience.

We are ISO27001, SOC1, SOC2 & GDPR certified