1️⃣ Time loss due to manual checks & data entry

❌ The problem:
Accounting teams spend hours every day manually checking invoices, transferring data into ERP systems, and correcting faulty OCR results.

📊 Typical time spent per invoice:

• Manual check: 5-10 minutes

• Matching with orders: 3-5 minutes

• Correction of OCR errors: 2-4 minutes

🚀 The AI solution:
Taxel AI automatically extracts invoices, independently identifies errors, and posts them correctly. Instead of manual effort, the entire process is completed within seconds.

2️⃣ High error rate & expensive corrections

❌ The problem:
Manual errors in posting, tax audits, or invoice allocation can have serious consequences:

💸 Average cost per error:

• Incorrect booking: 25-50 € correction costs

• Missed payment deadline: Reminder costs + loss of discount

• Incorrect tax calculation: Risk during audits

🚀 The AI solution:
Taxel AI reduces errors by up to 90% by automatically matching data, checking tax calculations, and reporting discrepancies.

3️⃣ Delays due to slow approval processes

❌ The problem:
Invoices often need to go through multiple departments, are sent via email, and get stuck in long approval cycles.

📊 Average processing time for an invoice:

• Classic processes: 7-14 days

• Manual follow-up: up to 3 reminders via email

🚀 The AI solution:
Taxel AI automates the approval processes with intelligent workflows, so invoices are approved within hours instead of days.

4️⃣ Overlooked discount opportunities & late fees

❌ The problem:
Many companies miss discount opportunities because invoices are processed or approved too late.

💸 Cost factor:

• Lost discount rebates: 2-3% of the invoice amount

• Additional late fees for delayed payment: 5-10% of the total

🚀 The AI solution:
Taxel AI prioritizes invoices with discount benefits and ensures timely payments so that no saving potential is lost.

5️⃣ Scaling issues with increasing invoice volumes

❌ The problem:
The more invoices a company has to process, the greater the effort for accounting teams. Instead of working efficiently, companies need to hire more staff or use external accounting services.

🚀 The AI solution:
Taxel AI scales with the company – without additional staff. Even with 100% growth, the invoice processing remains fully automated.

💡 Conclusion: How much do companies really save with AI?

Companies that use Taxel AI reduce their costs per invoice by up to 70% and cut manual effort to a minimum.

📊 Average savings per year:
✔ Fewer error corrections: -50,000 €
✔ Faster approvals: -30% process costs
✔ Automatic tax checks: no fines or delays

👉 Book a demo now & discover how Taxel optimizes your accounting: