{"id":35791,"date":"2024-12-11T12:00:33","date_gmt":"2024-12-11T11:00:33","guid":{"rendered":"https:\/\/insiders-technologies.com\/ai-in-accounting-auto-accounting-proves-its-worth\/"},"modified":"2025-02-20T12:17:31","modified_gmt":"2025-02-20T11:17:31","slug":"ai-in-accounting","status":"publish","type":"post","link":"https:\/\/insiders.next-kmu.de\/en\/ai-in-accounting\/","title":{"rendered":"AI in Accoun\u00adting: Auto-accoun\u00adting Proves Its Worth"},"content":{"rendered":"<p>[et_pb_section fb_built=\u201e1\u201c _builder_version=\u201e4.16\u201c custom_padding=\u201e0px||0px||true\u201c da_disable_devices=\u201eoff|off|off\u201c locked=\u201eoff\u201c global_colors_info=\u201c{}\u201c da_is_popup=\u201eoff\u201c da_exit_intent=\u201eoff\u201c da_has_close=\u201eon\u201c da_alt_close=\u201eoff\u201c da_dark_close=\u201eoff\u201c da_not_modal=\u201eon\u201c da_is_singular=\u201eoff\u201c da_with_loader=\u201eoff\u201c da_has_shadow=\u201eon\u201c][et_pb_row _builder_version=\u201e4.18.0\u201c custom_padding=\u201e0px||||false|false\u201c global_colors_info=\u201c{}\u201c][et_pb_column type=\u201e4_4\u201c _builder_version=\u201e4.16\u201c custom_padding=\u201c|||\u201c global_colors_info=\u201c{}\u201c custom_padding__hover=\u201c|||\u201c][et_pb_post_title author=\u201eoff\u201c date=\u201eoff\u201c categories=\u201eoff\u201c comments=\u201eoff\u201c admin_label=\u201ePosttitel\u201c _builder_version=\u201e4.25.2\u201c _module_preset=\u201edefault\u201c title_font=\u201c|800|||||||\u201c global_colors_info=\u201c{}\u201c][\/et_pb_post_title][et_pb_text admin_label=\u201eText\u201c _builder_version=\u201e4.27.3\u201c header_font=\u201c|700|||||||\u201c header_4_letter_spacing=\u201e12px\u201c module_alignment=\u201ecenter\u201c saved_tabs=\u201eall\u201c locked=\u201eoff\u201c global_colors_info=\u201c{}\u201c]<\/p>\n<p><strong>The new auto-accoun\u00adting solution from Insiders provides signi\u00adfi\u00adcant relief and stan\u00addar\u00addized top-quality results \u2014 covering both e\u2011invoicing and tra\u00addi\u00adtional invoice documents. Customers of the AI-based solution are thrilled. <\/strong><\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=\u201eText\u201c _builder_version=\u201e4.27.3\u201c _module_preset=\u201edefault\u201c ul_line_height=\u201e0em\u201c min_height=\u201e266.8px\u201c custom_padding=\u201c||||false|false\u201c locked=\u201eoff\u201c global_colors_info=\u201c{}\u201c]Insiders now offers its customers automatic invoice accoun\u00adting. The auto-accoun\u00adting process is uniformly managed by a learning AI, regard\u00adless of the input format, encom\u00adpas\u00adsing e\u2011invoices, PDFs, and tra\u00addi\u00adtional paper documents\u2014even without order refe\u00adrences.<\/p>\n<p><strong>Unpar\u00adal\u00adleled Accuracy with Cutting-edge AI<\/strong><br>\nThe intel\u00adli\u00adgent auto-accoun\u00adting solution leverages AI-based super\u00advised learning to automate the allo\u00adca\u00adtion of cost centers, cost units, and accounts, identify typical approvers, and generate meaningful booking texts. The solution observes and learns from his\u00adto\u00adrical ERP data to execute precise and cus\u00adto\u00admized bookings for each client. Among its capa\u00adbi\u00adli\u00adties, a neural network is trained to utilize natural language under\u00adstan\u00adding and transfer learning, enabling it to reliably deduce appro\u00adpriate actions from learning data, even for new suppliers in a familiar industry. Changes and new requi\u00adre\u00adments are con\u00adti\u00adnuously captured through back\u00adground retrai\u00adning, ensuring the solution remains up-to-date and delivers excep\u00adtional precision. Currently, three months of his\u00adto\u00adrical ERP data is typically suf\u00adfi\u00adcient as training material to achieve near-perfect automatic accoun\u00adting accuracy, even in chal\u00adlen\u00adging scenarios. A new approach, currently being piloted, even minimizes the need for his\u00adto\u00adrical data.  <\/p>\n<p><strong>Seamless Inte\u00adgra\u00adtion and Synergy with E\u2011Invoicing<\/strong><br>\nThe auto-accoun\u00adting solution is built on Insiders\u2018 powerful AI platform, OvAItion, and can be seam\u00adlessly inte\u00adgrated into existing processes as a stan\u00adda\u00adlone service via proven inter\u00adfaces, sup\u00adporting ERP, ECM, or workflow systems. In addition to modular solutions, customers can opt for the com\u00adpre\u00adhen\u00adsive e\u2011invoice solution, which unites all com\u00adpon\u00adents to deliver intel\u00adli\u00adgent 360-degree invoice manage\u00adment. This solution enables data exchange across all common formats\u2014from paper to e\u2011invoices\u2014and includes certified Peppol Access.  <\/p>\n<p>\u201cThe rapid adoption of e\u2011invoicing is driving the deve\u00adlo\u00adp\u00adment of new AI appli\u00adca\u00adtions in accoun\u00adting, such as auto-accoun\u00adting and anomaly detection. With our e\u2011finance solutions, we enable our customers to achieve a new level of auto\u00adma\u00adtion and process quality in accoun\u00adting,\u201d <strong>says Dr. Maxi\u00admi\u00adlian Schwenger<\/strong>, Head of e\u2011finance Deve\u00adlo\u00adp\u00adment at Insiders.  <\/p>\n<p><strong>AI-powered Auto-accoun\u00adting Delivers Multiple Benefits<\/strong><br>\nAuto\u00adma\u00adting invoice accoun\u00adting offers numerous advan\u00adtages. It relieves accoun\u00adting teams from repe\u00adti\u00adtive, mono\u00adto\u00adnous tasks, allowing them to focus on more meaningful acti\u00advi\u00adties. Fur\u00adther\u00admore, auto\u00adma\u00adtion makes scaling much easier, enabling busi\u00adnesses to handle seasonal peaks or rapid growth effec\u00adtively. It also ensures con\u00adsis\u00adt\u00adently high and stan\u00addar\u00addized quality.<br>\nSeveral companies are already using this service and are highly impressed. The auto-accoun\u00adting solution is now available from Insiders Tech\u00adno\u00adlo\u00adgies or its partners. The company is happy to provide per\u00adso\u00adna\u00adlized demons\u00adtra\u00adtions or proofs of concept upon request.[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=\u201e1_2,1_2\u201c _builder_version=\u201e4.25.2\u201c _module_preset=\u201edefault\u201c custom_padding=\u201e0px||||false|false\u201c link_option_url=\u201ehttps:\/\/insiders.next-kmu.de\/en\/p2p-automation\/e\u2011invoice\/#expert_popup\u201c link_option_url_new_window=\u201eon\u201c locked=\u201eoff\u201c global_colors_info=\u201c{}\u201c][et_pb_column type=\u201e1_2\u201c _builder_version=\u201e4.19.5\u201c _module_preset=\u201edefault\u201c global_colors_info=\u201c{}\u201c][et_pb_button button_url=\u201ehttps:\/\/insiders.next-kmu.de\/en\/p2p-automation\/e\u2011invoice\/\u201c url_new_window=\u201eon\u201c button_text=\u201ee\u2011invoicing with insiders\u201c button_alignment=\u201eleft\u201c _builder_version=\u201e4.27.3\u201c _module_preset=\u201edefault\u201c custom_button=\u201eon\u201c button_text_color=\u201egcid-a1ce49c7-18bb-4621\u20138275-487db4ef4ea2\u201c global_colors_info=\u201c{%22gcid-e57f936a-e1ef-478a-a91c-6dc2f7bf0652%22:%91%22button_text_color__hover%22%93,%22gcid-a1ce49c7-18bb-4621\u20138275-487db4ef4ea2%22:%91%22button_text_color%22%93}\u201c button_text_color__hover_enabled=\u201eon|hover\u201c button_text_color__hover=\u201e#000000\u201c button_bg_color__hover_enabled=\u201eon|hover\u201c][\/et_pb_button][\/et_pb_column][et_pb_column type=\u201e1_2\u201c _builder_version=\u201e4.19.5\u201c _module_preset=\u201edefault\u201c global_colors_info=\u201c{}\u201c][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new auto-accoun\u00adting solution from Insiders provides signi\u00adfi\u00adcant relief and stan\u00addar\u00addized top-quality results \u2014 covering both e\u2011invoicing and tra\u00addi\u00adtional invoice documents. Customers of the AI-based solution are thrilled. Insiders now offers its customers automatic invoice accoun\u00adting. The auto-accoun\u00adting process is uniformly managed by a learning AI, regard\u00adless of the input format, encom\u00adpas\u00adsing e\u2011invoices, PDFs, and [\u2026]<\/p>\n","protected":false},"author":20,"featured_media":35788,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","wp_typography_post_enhancements_disabled":false,"_mbp_gutenberg_autopost":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-35791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/posts\/35791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/comments?post=35791"}],"version-history":[{"count":0,"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/posts\/35791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/media\/35788"}],"wp:attachment":[{"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/media?parent=35791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/categories?post=35791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/tags?post=35791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}