A/P automation with deep learning technology
Manual, paper-based accounts payable processing is slow, expensive, and prone to error. SMACC applies artificial neural network technology to understand and automatically process financial documents and payment information. Our deep learning technology delivers superior automation results compared to conventional OCR and robotics solutions.
Based on our award-winning automation technology we offer modern, intuitive software to manage your financial documents, approve bills, make payments, and get reports. Our solutions are quick to implement and optimized for all devices.
How it works
1. DATA EXTRACTION
SMACC offers data extraction from financial documents with neural network technology. Our AI Extractor service identifies up to 74 data points and all items from financial invoices.
2. INVOICE PROCESSING
Based on extracted data SMACC’s services validate and categorize invoices and allocate financial accounts and cost centers to invoice items using machine learning models.
Our intuitive cloud application allows to approve invoices from all devices and prepares smart payment lists for optimized payments.
4. SYSTEM INTEGRATION
SMACC directly exchanges data with leading ERP and finance software solutions for seamless integration into existing systems.
SMACC features that will change your finance department
Use our connectors to integrate with SAP R/3, SAP Business One, SAP ECC, Salesforce, Microsoft Dynamics AX & NAV, Oracle Fusion, Oracle Netsuite, Quickbooks, Xero, DATEV, Addison, abas ERP and ProAlpha.
Use our open RESTful API to connect SMACC’s services with your applications. We support you with all integration projects to connect your finance applications, data warehouse or accounting service to SMACC’s finance automation. You can run SMACC services in our certified data center or in your private cloud.
“SMACC’s smart workflows helped us to become paperless and delivered large efficiency gains in our finance team”
Markus Böhm, Böhm GmbH