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The AI functionality requires that the company has previous purchase invoices.

Onboarding the AI starts with its training. The company’s accounting software needs a sufficient amount of processed purchase invoices for the training. It is beneficial to have invoice materials from over 3 years, so the AI can learn also more infrequent invoices, such as insurances.

Your accounting software’s number of invoices reflects on the processing accuracy of the AI.

• 1 000 purchase invoices – 80% processing accurcy
• 5 000 purchase invoices – 85% processing accuracy
• >10 000 purchase invoices – >90% processing accuracy

The processing accuracy increases when the AI is introduced to more purchase invoices.

FabricAI AI reaches continuously over 90 percent processing accuracy. The following factors influence the accuracy:

• The amount and coverage of the material used in the training
• The quality of the training materials (e-invoices vs. paper invoices)
• The number of active invoicing entities

We will build a report on the AI training. The report includes a description of the AI’s processing accuracy.

We have made it easy to start using FabricAI. The introduction consists of three actions:

1. Create a new user in your accounting software,
2. Sign in to your accounting software with the link sent from FabricAI,
3. Familiarise yourself with the AI’s report and decide on how to proceed.

We grant FabricAI 100% -satisfaction guarantee. If you are not happy with the processing accuracy, you don’t have to pay the bill.

*Typically FabricAI learns to process accounting in one night.

FabricAI is best suited for companies that fit the following criteria:

• The number of monthly purchase invoices is over 50
• The company’s accounting software has a sufficient number of processed purchase invoices
• The majority of purchase invoices are received as e-invoices

Onboarding and using AI incurs the following costs:

1. Accounting firm set up
2. Monthly fee
3. Invoice processing fee

We grant FabricAI 100% -satisfaction guarantee. If you are unhappy for example in the processing accuracy, you don’t have to pay anything for using the AI.