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Digitoo, your artificial junior accountant - meet her!

DALL·E 2023-10-13 21.51.18 - Photo of a woman's hand, a blend of robot and human, signifying triumph, emerging from a pile of slightly crumpled invoices and receipts. The biomecha.png

Have you been looking for an accountant in the job market recently? From our own experience and the experience of our clients, we know that sometimes it feels like looking for a needle in a haystack. Up to 64% of accountants are dissatisfied due to their heavy workload and are considering other professions. Why not provide them with someone who can take over the tedious task of transcribing invoices and categorising individual items? Meet Digitoo, our artificial junior accountant, who will help you digitise and automate invoice processing.

Accounting digitisation available to all

An artificial junior accountant won't cost you hours of searching or tens of thousands in monthly wages. You won't spend much on her implementation or training your current employees. Essentially, you'll familiarise yourself with invoice digitisation in just a few minutes and can fully benefit from the advantages of an AI accountant.

Traditionally, accountants have to check an invoice, assess it for tax and accounting laws, and then assign codes required for state reporting or possible reporting. This can take up to 30 minutes for a single invoice.

Attempts to digitise invoice transcription isn't enough for accountants

Although some systems provide invoice reading using AI or direct reading of ISDOC invoices, merely automating the reading and transfer to the accounting system isn't sufficient for proper digitisation. The real work for accountants begins after the document transfer to the accounting system, where they then have to open each invoice, check it, and manually select codes. This didn’t save them much time.

That's why Digitoo focused on automating the entire process, including accounting – from reading the invoice to final approval, including the expert work of artificial intelligence that can make decisions based on probability and learns directly from your senior accountant. This saves accountants significantly more time than other systems.

A smart algorithm that's always learning

The standard for various solutions is a very simple algorithm that assigns codes based on strictly defined rules. Setting and analysing rules and their implementation takes precious hours, days, and sometimes months. Unlike the classic algorithm, our accountant uses artificial intelligence, which can recognise the invoice and individual items on it and categorise them correctly. You don't have to set anything; the junior accountant learns directly from you, just like a human.

The artificial junior accountant prepares; the senior accountant checks

Once you upload an invoice to Digitoo, the artificial accountant will completely prepare it – from reading all the header details of the invoice, the amounts, to the individual items, intelligently categorising each in terms of codes and centres. Your senior accountant doesn't have to be held up with tedious transcription but can quickly check everything within seconds and send it to the accounting program. With accounting automation, you save about 5 minutes per invoice, which means saving several hours of their time with dozens of invoices daily.

Utilise your accountant to advance your business instead of transcribing

We often don't realise that accountants spend up to 70% of their time manually entering data and are utterly overwhelmed by them. Whether you have your finance department or use an external accounting firm's services, once you free them from this drudgery, they can bring you much greater value due to their expertise and experience.

Don't worry that the artificial accountant will replace yours

Her real work actually begins in the accounting system, and being swamped by repetitive routines only gives her headaches. That's why we're trying to change this. Your accountant surely didn't study at university just to chase clients for missing receipts or transcribe paper documents.

Try Digitoo for free

Leave the boring, lengthy, and overpriced tasks to the artificial junior accountant, save 70% of your time, and give the green light to digitisation in accounting. You can try Digitoo for free and see how easy it is to use. Arrange a meeting with our experts who will guide you through the entire process, show you how our artificial intelligence accountant works, and happily answer any of your questions.

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