The company has developed AI software to digitise and automate accounting processes. Finmatics aim is to digitise the recording, processing, and pre-accounting of all types of receipts. In many accounting departments of tax and commercial law firms, these processes still take place manually. According to a Finmatics representative, automation using artificial intelligence is becoming increasingly important with the challenges facing the tax and accounting industry. The startup states that its software results in time savings of up to 70% in accounting and document processing. Finmatics customers include over 900 law firms and 50,000 companies.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.