Aavenir Announces New Product Updates About Invoiceflow - An AI-enabled Invoice Data Capture and Accounts Payable Workflow Software built on ServiceNow

New Products

▤ Summary

Today, Aavenir, a next-generation Source-to-Pay SaaS solutions provider, announced its latest innovative updates to the Invoiceflow product - http://www.aavenir.com/invoiceflow. This latest 2.0 release version introduces innovative invoice data extraction methods using Artificial Intelligence (AI) and Digital Workflows on the ServiceNow platform. AI enables completely automated and cognitive invoice data extraction resulting in higher speed, accuracy, and affordability. “Manual invoice data extraction is slow and error-prone while conventional AP automation tools are expensive, work in a silo, cumbersome to configure and address limited use cases leading to increasing overhead. Aavenir’s next-gen Source-to-Pay suite transforms time-consuming legal, sourcing, procurement, and accounts payable processes by using the latest Machine Learning and Natural Language Processing technologies to reduce cycle time, yet offering complete visibility, smart suggestions, and predictive intelligence based on historical data.

▥ Classifications

industries
No industries detected
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
IT Services Cloud Computing Enterprise Software

▦ Linked Companies

Aavenir
$1M to $5M