Accounting automation fintech Finmatics expanding to Germany and Hungary

Thursday 27 January 2022 15:19 CET | News

Austria-based fintech Finmatics, which specialises in the automation of accounting processes, has announced expanding to Germany and Hungary.

With AI-supported software, Finmatics simplifies the accounting process for companies and tax offices from receipt of documents to automated posting. To drive the expansion, the document processing specialist Enteos was acquired by the fintech. All existing customers of Enteos Munich and Enteos Austria will be taken over by Finmatics and the locations in Munich and Budapest will be further expanded as Finmatics Germany and Finmatics Hungary.

According to a Finmatics representative, the expansion enables the company to look after their customers in Germany and continue to drive growth. Customers of the fintech include Wiener Stadtwerke, the AVIS Budget Group, and SOS Kinderdorf, which automatically process business transactions with the artificial intelligence of Finmatics and exchange accounting data with their business partners.

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Keywords: expansion, artificial intelligence, e-invoicing, e-procurement
Categories: Payments & Commerce
Companies: Finmatics
Countries: Germany
This article is part of category

Payments & Commerce


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