WELCOME TO THE FUTURE OF ACCOUNTING. TODAY.
WELCOME TO THE FUTURE OF ACCOUNTING. TODAY.
With FabricAI’s Progressive Automation you can reduce the number of invoices up to 80% that need to be handled by the accountant.
FabricAI’s Progressive Automation is used to automate purchase invoice processing of over 24 000 companies in Nordics. And now you can integrate Progressive Automation into your own system with our modern API.
Reduce the number of invoices that need to be processed by the accountant with Progressive Automation.
Digitalization is transforming the financial landscape and now is the time to keep up with the change. FabricAI’s Progressive Automation ensures that you meet the challenges of the future.
Up to 80% less purchase invoices for accountant to process
Accountants can focus on more value-adding activities
Control still remains with the accountant
Significant time savings for the accounting department (up to 40 hr/month/ accountant)
Easy set up and maintenance
It’s time to bring your accounting to the 21st century. FabricAI is your partner in creating a invoice processing process that you and your customers are willing to pay for.
OVER 24 000 COMPANIES ARE USING FABRICAI’S PROGRESSIVE AUTOMATION.
During 2022, FabricAI Progressive Automation has already processed over a MILLION of purchase invoices. For these, the FabricAI’s accuracy has been over 95%!
AUTOMATION THAT WORKS AUTONOMOUSLY
Forget about automated data filling. FabricAI’s Progressive automation tracks the accountant’s work and, based on this, learns to identify invoices that can be automatically processed on behalf of the accountant. And all this happens without any required action from the accountant.
NO MANUAL WRITING, MAINTENANCE OR MODIFICATION OF RULES
1.
Automated learning
Based on historical information, AI learns on a customer-specific basis how accounting, cost-centers, routing and VAT processing have been done in the past and automatically creates a company-specific rules.
2.
Quality assurance
The AI starts processing invoices and the accountant ensures the rules work. If the accountant makes any changes, FabricAI fine-tunes the company-specific rules based on the changes made by the accountant.
3.
Progressive automation
In future invoices that do not need any input from the accountant will be processed fully automatically by FabricAI and will not be shown to the accountant.
PROGRESSIVE AUTOMATION IN ACTION.
Sample includes data from 40 companies that have been using Progressive Automation for 8 months.
Purchase invoices in total – 24 779
Autonomously processed – 10 568*
Automation rate – 42,6%
Saving in labour costs for the period was 31,496€.
*Autonomously processed means that the purchase invoice was processed 100% by FabricAI
PROGRESSIVE AUTOMATION IS A SOLUTION FOR MODERN PURCHASE INVOICE PROCESSING
Progressive Automation unifies and brings transparency to purchase invoice process. As a result, time taken by the purchase invoice processing drops up to 90%
AI INSIDE OFFERS EVERYTHING YOU NEED TO MODERNIZE YOUR INVOICE PROCESSING PROCESS
AI INSIDE OFFERS EVERYTHING YOU NEED TO MODERNIZE YOUR INVOICE PROCESSING PROCESS
AI Inside offers building blocks to modernize your purchase invoicing process. You can use AI Inside to update part of an individual purchase invoice process or the entire purchase invoice process. Integration is done using the modern REST API.
LET’S GET STARTED!
We make sure that you succeed in deployment. Deploying automation to purchase invoice processing is quick and easy. But naturally, we understand that there can be some concerns related to it.
The most difficult step in deploying a new application is implementing it. And without successful implementation, the new application will not generate benefits for the business.
With our standardized process and extensive experience with deploying automation we ensure that you get the most out of automation
With FabricAI, you will not be left empty-handed – we will ensure that the implementation is painless and the desired benefits are achieved. The automation is possible to deploy for the accountants use in less than an hour.
