Yokoy aims to simplify expense reporting by digitising, analysing and correctly booking photographed receipts using artificial intelligence (AI) processes. This solution is geared towards medium-sized and large companies and includes company credit cards, a module for processing supplier invoices, for subscription management or the option to reclaim VAT.
According to a Yokoy representative, a reason for the expansion is that the German market is characterised by medium-sized and large companies that operate internationally, meaning the software is suited for them. The team is currently setting up an office in Munich for the market entry in Germany.
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