Sold by: Arcanum AI
Arcanum’s AI finance assistant Archie utilises AWS Bedrock & Textract to provide a robust intelligent automation solution to support finance teams
Sold by: Arcanum AI
Overview
By leveraging Soc2 compliant connection platform Workato, Archie securely connects with the user’s email service provider and accounting software to process new invoices and suppliers as they come in.
Archie works in the background and is triggered by a new email arriving into an inbox. Within minutes he will add the new invoices into the accounting system draft bills folder, including the line item GST and account coding with very high accuracy.
When a new supplier is detected, Archie follows a ‘new supplier approval process’, and automatically emails a designated team member to request approval. Upon approval, he sets the new supplier up and then processing the invoice.
The set up process to get Archie onboarded is quick and easy and requires no coding. After being set up in the email inbox and accounting software accounts, Archie is trained on the companies historic account coding, and is tested on a sample of your companies invoices.
Highlights
- Utilises AWS Bedrock Soc2 compliant secure connections to current software
- Operates in the background and automates invoice processing, line item GST and custom account coding Automated ‘new supplier approval process’ and set up
- Fast and easy onboarding to help finance teams gain more capacity quickly
Details
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