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InvoiceBot: fully automated invoice processing with AI

Eliminate manual data entry. An AI-based invoice processing platform: automatic data recognition, approval workflow and bank reconciliation in one system.

A stack of paper invoices on a dark surface, with the top sheet slightly raised; orange frames of light highlight some fields of the invoice, and the highlighted fields move towards a grid of dark tiles.

Challenge

The cost of manual invoice processing

  • Manual data entry

    Transferring data from PDFs and paper documents into accounting and ERP systems takes concentration, accuracy and time.

  • Costly errors

    Incorrect entries are not only frustrating but also costly, and they hinder financial control.

  • Deteriorating liquidity

    Invoices approved late worsen liquidity. If you cannot see what has been paid, you have no up-to-date picture of your financial position either.

Why do traditional methods fail?

Invoices arriving scatteredTraditional systems“Black box” AI solutionsInvoiceBot
How it worksIn email accounts and folders; data has to be retyped by handStrong control, but preceded by lengthy integrationFast, purely AI-based decisionsAI extracts the data, fixed rules govern approval
TraceabilityError-prone manual entryTraceableDecisions cannot be traced backRemains auditable

The solution

AI-based processing, deterministic control

InvoiceBot is not just another invoicing program but a system that automates. AI extracts the invoice data, while the approval and payment route is governed by strict, predefined rules. Processing is fast, and operations remain auditable.

  1. Input

    Incoming invoice

    Email, cloud storage, photo

  2. AI

    Data extraction and validation

    Formal and content accuracy

    The InvoiceBot interface: on the left, a scanned invoice with fields highlighted in orange frames; on the right, the extracted data – supplier, tax number, due date, net amount, VAT, gross amount.
  3. Rules

    Approval and payment route

    Predefined, deterministic

    The InvoiceBot approval view: a list of invoices awaiting approval and the five-step approval route of one invoice, waiting for the finance manager's decision.
  4. Result

    Fast and auditable

    Every step is traceable

    InvoiceBot bank reconciliation: bank statement items next to the invoices, marked as matched, with a discrepancy, or with a matching suggestion.

Key features and business benefits

  • Automatic data recognition (AI)

    AI extracts the invoice data, then checks whether it is formally and substantively correct, and whether it has a matching purchase order and contract.

    The InvoiceBot interface: on the left, a scanned invoice with fields highlighted in orange frames; on the right, the extracted data – supplier, tax number, due date, net amount, VAT, gross amount.
  • All invoices in one place

    The system monitors the specified email accounts and cloud storage, and also accepts photographed paper invoices. Anything that is not an invoice is sorted out separately.

  • Partner validation

    For a new supplier, AI extracts the partner data and the bank account number. After human approval and a tax number check, the partner is added to the master data.

  • Approval workflow

    You can set up the approval chain in plain language or from an Excel sheet. Before any change, a simulation shows which earlier invoices would have taken a different route.

    The InvoiceBot approval view: a list of invoices awaiting approval and the five-step approval route of one invoice, waiting for the finance manager's decision.
  • Bank reconciliation

    Based on the uploaded bank statements (CSV, PDF, MT940), the system matches invoices with payments. Discrepancies beyond the tolerance go to human review.

    InvoiceBot bank reconciliation: bank statement items next to the invoices, marked as matched, with a discrepancy, or with a matching suggestion.
  • Real-time view of your cash flow

    Invoices are recorded without delay, so your financial position is always up to date, and you can see what has been paid.

How does InvoiceBot work?

Invoices arrive

Invoices enter the system from the specified email accounts and cloud storage, or as photos.

Data extraction and validation

AI extracts the data and checks the formal and content accuracy of the invoice.

Partner validation

A new supplier is added to the master data after human approval and a tax number check.

Approval

The invoice goes through the approval chain according to the predefined rules.

Bank reconciliation

Based on the bank statements, the system matches invoices with payments.

Handover to the accountant

Processed invoices are sent to the accountant with one click.

Choose a plan that fits the size of your business

Transparent pricing with no hidden costs. Grow with us as your invoice volume and needs expand.

  • Starter

    EUR 150/ month

    • Up to 200 invoices / month
    • Basic invoice processing
    • Basic workflow
  • Most popular

    Professional

    EUR 450/ month

    • Up to 1,000 invoices / month
    • All Starter features
    • Automated rule management
    • Bank reconciliation
    • Petty cash module
    • Custom Excel exports / records
  • Enterprise

    Custom quote

    For large enterprises – based on a consultation

    • Custom invoice volume
    • Custom workflow
    • Custom modules
    • Custom integrations
    • Custom SLA

Contact us

Book a demo appointment and see InvoiceBot in action!

What are you interested in?