Recap OCR The following story describes the missed and the potential opportunities of a day in the life of an accountant. I want to showcase the incredible value, that OCR can have on this day. There really is no better fit and in the end you’ll probably think of this more as a love story […]
Accounting
What is the real benefit of automatic invoice verification thanks to artificial intelligence?
For an invoice to be recognized as such and to be eligible for input tax deduction, certain requirements must be met. The German Value-Added Tax Act sets out clear rules: accuracy and completeness must be guaranteed by the invoicing party. The recipient is obliged to check all details. Commercial invoices must be issued within 6 […]
This is how accounting works today!
The stacks of paper on the desks in financial departments and tax consultancy firms are becoming increasingly smaller – the reason for this is the ongoing digital change, which is also revolutionizing classic accounting more and more. But how far has artificial intelligence found its way into accounting? Artificial intelligence is no longer just a […]