Everybody knows accountant’s work and we know that they have big role in a life of businesses. Technology’s evolution allows the integration of Artificial Intelligence in this area of economy, which help to ease and cut down different labor processes.
AiCAN is relentlessly searching for ways to use and integrate Artificial Intelligence in every facet of life, therefore we have accumulated some useful and innovative applications. In the following posts we will showcase the already feasible applications with the purpose of demonstrating the capabilities of AI and our own advancements.
Now, we will introduce you an application, which is based on artificial intelligence and influence largely the accounting work efficiency.
Name of solution: AUTOBILLING.
This application is specialized for accounting processes, like the incoming bills registration, accounting.
AUTOBILLING is capable to reduce the time of the process from appr. 10 minutes, just to a few seconds. This solution increases your team’s efficiency, release failures caused by typos and cut down the number of a monotonic labor processes.
Artificial intelligence can read the bill’s (physical or digital) text and interpret it. You just need a smartphone’s camera or scanner to use it.
After scanning the bills, the program retrieve the important data from the text, which are the following: account number, foreign currency, rate, total amount, payment method, dates, partner’s datas, and VAT type. After that you can import these into accounting software!
The development of the second version of AUTOBILLING is in process, it will be able to elaborate the itemized part of bills.
We are very confident, that this application is one of the key for an efficient work!
We are confident that inside your company there are a lot of tasks which can be automated with AI: In case you would like to enjoy the advantages of artificial intelligence, then apply to our free consultation on one of our contacts.