Real-time reportingSMACC’s AI and machine learning technologies allows instant data extraction from financial documents. Our system integrates directly with your payment accounts and matches payment transactions to A/R and A/P information. Based on this up-to-data financial data-set SMACC can provide real-time reports and insights of your business.
Working capital managementOur system aggregates account receivable and account payable information automatically from invoice data and payment account. See payment terms and payment behavior of your customers as well as payment terms of your suppliers. Manage your open positions and keep an eye on your bank accounts. SMACC gives you full transparency over your working capital and enables you to actively manage it.
Cash-flow predictionBased on past and current invoice and payment data SMACC enables you to plan your liquidity and predict future cash flows and working capital. You know instantly whether you run in liquidity issues or create excess cash. Our intelligent algorithm provide you with unique transparency without the need of a financial planning department.
ControllingSMACC can allocate individual cost centers and project centers to your invoices for customized controlling reports or analysis your invoice data to provide valuable insights. Our controlling solutions integrate with your existing solutions and provide real-time controlling data for your business. Take control of your business with SMACC.
Digital workflowsWe provide flexible approval workflows tailored to our customers needs. Manage bill approvals and implement best practice governance processes. Manage your financial workflows securely from any device in the office or while you are traveling. We use newest web technologies to deliver a truly state-of-the art digitization experience.
Partner networkWe work closely with a strong network of financial service providers to give you access to highly integrated financial products. You can authorize simple digital data transfer from SMACC to our partners to receive real-time quotes. Our partner network includes innovative lending providers, factoring business, payment solutions as well as leading established financial institutions.
“SMACC offers a lot of services to help me manage our finances. We tried factoring for the first time based on a recommendation from SMACC. I am not sure if it is the right thing for us as a company but the process was very easy.”
– Markus Böhm, Böhm GmbH
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.