Features

Flexible bill approval workflows

SMACC offers digital invoice approval workflows that can be easily tailored to your company's needs. Get control over your purchase-to-pay process with best practice digital processes.

bill-approval

Auto invoice processing

Easily digitize your financial documents with your SMACC scanner, e-mail forward or direct integration with your existing systems. Our artificial intelligence and machine learning technology automatically extracts all relevant data from your invoices and receipts. The system allocates financial accounts, cost centers and other required information for automated processing.

Rules & rights management

Setup the rules and rights that fit your companies structure and compliance requirements. SMACC allows you to easily map your existing approval process with all the decision makers and cost centers to digitize it within minutes. Set flexible rules for your workflows based on invoice value, cost center or other criteria. If you don’t use bill approval workflows yet use our plug-and-play blueprint workflows. Implement best practice finance processes without the hassle.

Collaboration tools

The integrated collaboration features enable you to discuss issues that need clarification instantly without delaying the approval workflow. Involve team members, give access to external advisers or directly include your supplier in the problem resolution. You can set passwords and give temporary access to include all shareholders in the process.

Mobile optimized

We apply the latest web technology and design all our solutions with a rigorous “mobile-first” approach. This enables you to check and approve invoices conveniently from any device in the office, at home or while you are traveling. No more delays because he decision makers in not in the office.

Transparency

SMACC’s digital invoice processing enables you to get real-time overview of all pending reviews, ongoing discussions and approvals. All decisions are documented reliably and can be traced at a later stage. You can easily monitor your purchase-to-pay process and see reasons for delays in payments.

Data security

For financial information secure and reliable handling is crucial. We keep all your invoices and financial information encrypted in German data centers that comply with the highest security standards. The traffic to all clients is encrypted. Safeguarding your information is part of our company values.

“We were looking for a digital bill approval solution that is flexible enough to reflect our – sometimes a bit complicated – approval workflows, works on mobile devices and integrates with our ERP. We had all the enterprise solutions in the RFQ process. SMACC won by a landslide.”

– Head of Finance, Large E-Commerce Company

Complete digitization of your finances

SMACC enables you to fully digitize your financial management. Use the SMACC Scanner, forward e-mails to your SMACC inbox, snap pictures of your receipts or use our direct import options to transfer your financial documents. Our proprietary technology recognizes all relevant data, classifies your documents automatically and organizes them digitally in our secure SMACC cloud. You have all your financial document at your finger tips anytime and from every device no matter where you are. Our smart search engine helps you find every invoice instantly.

Combine artificial and human intelligence

We are a technology leader in the field of artificial intelligence (AI) and machine learning. Our propitiatory technology enables our software solutions to instantly extract and classify a rich data set from financial documents and to automatically process invoices and receipts. The strength of our software solutions lies, however, in combing expert knowledge from financial accountants and tax advisers to assess specific business events with our automation technology. We work closely with financial professional enabling them to deliver the best possible work results, insights and client advice.

Boost efficiency through automation

With SMACC your organization can reduce the cost of paper based processing, significantly increase processing time of financial documents, and reduce manual data entry tasks to a minimum. Our clients reduce the cost of their financial management by up to 80% while increasing data quality and availability of financial information to manage their business. Our software solutions are easy to implement. Setup and on-boarding usually take to 2-3 weeks in close coordination with client’s tax advisers.