Enjoy the benefits of invoice automation
By implementing our accounts payable invoice processing solution – AI-powered
Using Cevinio’s Invoice-to-Pay cloud solution, our clients reach extraordinary levels of automation leading, to 3-5 times higher productivity.
Our invoice processing software is capable of automatically processing many invoice scenarios in a single platform. Our robots use artificial intelligence and machine learning to teach themselves independently. Cevinio’s solution is scalable and able to integrate with complex IT landscapes (multi-ERP). Our way of processing, interpreting, and using data, brings corporations to new levels of efficiency.
Are you processing +200,000 invoices per year? Cevinio is your accounts payable invoice automation solution!
Are you looking in to:
Take your finance transformation to the next level
Leverage technology for optimal performance and cost saving?
Achieve business goals and personal targets?
Lead a high-performance AP team?
Increase reporting effectiveness?
Do you recognize this?
Your AP productivity is lower than it should be
Timeliness of payments are leading to time-consuming supplier communication and late-payment fees
You do not have full control of working capital caused by long throughput times
You are struggling to onboard (long-tail) suppliers to your invoice platform: hindering the most efficient way of handling invoices
The process to maintain the invoice approval workflow is cumbersome and error prone
Compliance issues with vendor invoices
A challenging IT landscape with multiple instances / applications
How will you benefit?
Improvement of the P2P process using 3rd generation Artificial Intelligence and Machine Learning
Drastic increase of productivity through automation: AI/ML takes over manual activities
Ability to handle any kind of invoice in one environment: paper/PDF/e-invoices, and PO/non-PO invoices
Language independent and template-free OCR
Best-of-breed OCR tools that we continuously select to process your invoices
Identification of early-payment discounts
Increased insight into working capital through advanced reporting
Exchange with suppliers of real-time data using the invoice portal
Increase of tax, legal, and corporate compliance using our compliance toolbox
Scalable SaaS solution: start small and scale fast
Quick ROI payback in less than 12 months
Quick ROI payback in less than 12 months
This could be your new standard
Pay on-time
Increased productivity
Supplier participation
Fast invoice handling cycle
More business focus
Work from anywhere
Improved compliance
Insights into the full I2P process
Features that will impact your I2P process
The following technologies and developments enable us to deliver an Invoice-to-Pay SaaS solution that will make your AP teams more efficient and effective:
Business cases
Manufacturing industry
- 830K annual invoices
- 107 AP agents
- 2 delivery locations (SSCs)
Example of a business case
“Technology was driver for process efficiency”
Solution:
- Full I2P solution with workflow
- Implementation in 5 months including best-practice process optimization
- Non-PO automatic coding brought to 72%
- Automated PO line-level matching up to 81%
Retail industry
- 4.2M annual invoices, >80% non-PO invoices
- 40% paper & 60% PDF
- 41 countries
Example of a business case
“Delivery of a solution within and outside of new ERP platform”
Solution:
- Invoice-to-Pay solution, fully implemented remotely (COVID19 imposed)
- Triggered by COVID19: reduction of paper invoices of more than 80%
- 42% of high-volume suppliers onboarded the Cevinio-powered invoice platform to facilitate receiving e-invoices, within 3 months
Financial industry
- Global scope NA, EMEA, APAC
- 82% non-PO invoices
Example of a business case
“Implementation was on-time & on-budget”
Solution:
- Full Cevinio solution, from invoice inception to invoice approval through workflow
- The solution was up-and-running in the first region within 3 months, the rest followed within 6 months
- Implementation of new invoice approval matrix
Cevinio’s Invoice-to-Pay value proposition
At Cevinio we are committed to deliver a world-class and cutting-edge Invoice-to-Pay solution that aligns with your business goals.
Here you can see our competitive advantages, however you must know we don’t stop here. We work every day to release new features and functionalities, making sure our clients keep up with their always more challenging goals.
We are future-proof.
Get your price estimate
Start working on your 2022 goals today, and ensure higher accuracy, productivity, and on-time payments. Drive the change with us!
We are Cevinio, we offer super smart Invoice-to-Pay solutions that ensure accuracy and productivity. Our product can best be described as a robot that thinks like a human, based on next generation algorithms. Future-proof. It’s a system that works and delivers on its promises.
