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E-invoicing, SCF & E-procurement

Yooz launches AP automation tool for UK businesses

Thursday 7 February 2019 | 09:53 AM CET

US-based fintech Yooz has announced the launch of its automated, cloud-based accounts payable solution in the UK.

The company is dedicated to developing P2P automation solutions for UK businesses, regardless of size, industry and volume of documents.

To automate processes, Yooz leverages artificial intelligence, robotic process automation (RPA), machine learning, deep learning and incremental learning, that are typically only accessible to large companies. Thanks to the efficiency of its patented technology, Yooz is able to automate over 80% of invoices and reduce cost-per-invoice by up to 70%.

The offers a software easy to set up. Its end-to-end service runs entirely in the cloud and covers all the P2P process, so companies can capture, manage and process financial documents without up-front investment. Moreover, it integrates natively with more than 200 accounting software and Enterprise Resource Planning (ERP) software solutions including SAP, Microsoft Dynamics and Sage.

More: Link
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