Why traditional invoice processing is inefficient

Many companies struggle with slow and error-prone invoice processing workflows. Despite modern ERP systems, finance teams are often burdened with manual data entry, tedious error correction, and time-consuming approval processes.

Typical challenges in invoice processing:

• Time-consuming approvals: Invoices must pass through several departments and often get lost in email inboxes.

• Lack of transparency: Without real-time data, it is difficult to identify payment status or bottlenecks.

• High error susceptibility: Manual coding and inaccurate OCR recognition lead to incorrect bookings.

• High process costs: Every manual check and correction costs time and money.

How AI is changing the invoicing process

With artificial intelligence, accounting can finally work truly autonomously. AI systems understand the content of invoices, make booking decisions, and optimize the entire process from capture to payment.

The benefits of AI-supported invoice processing:

✅ Fully automated invoice verification: AI analyzes invoices in real-time, detects deviations, and ensures error-free bookings.

✅ Intelligent coding: The system learns from past bookings and automatically assigns cost centers and accounts.

✅ Faster approval processes: Approvals are carried out automatically based on intelligent rules – without annoying email ping-pong.

✅ More control and transparency: Real-time dashboards display open invoices, bottlenecks, and cash flow analyses at a glance.

Taxel: The future of invoice processing is autonomous

With Taxel, we are bringing accounting into the next era. Our AI agents handle invoice processing, understand booking logics, and make independent decisions – without human intervention.

👉 Experience how Taxel transforms your invoicing process – contact us now: