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Business Performance

Use insight from line-level data to inform better business decisions that truly optimise performance.

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Trusted by 10 000+ companies

Smarter business decisions with line-level data

Cost

An automated AP process with more consistent handling of incoming invoices is less costly than a manual one.

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Resources

AI is never sick and never takes a holiday, and there’s no need to train new employees. Leave mundane, repetitive tasks to SEMINE, so trained staff can save time and drive value.

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Insight

Data capture on line items gives a greater level of insight, which represents a unique opportunity for analysis and to optimise operations.

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Consistency

SEMINE is data driven and gets more accurate as invoices are processed. The platform reduces human errors and improves data quality.

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Contract deviation

Get notified when price or terms and conditions deviate from contractual agreements.

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Cost

An automated AP process with more consistent handling of incoming invoices is less costly than a manual one.

Resources

AI is never sick and never takes a holiday, and there’s no need to train new employees. Leave mundane, repetitive tasks to SEMINE, so trained staff can save time and drive value.

Insight

Data capture on line items gives a greater level of insight, which represents a unique opportunity for analysis and to optimise operations.

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insight_Image
Consistency

SEMINE is data driven and gets more accurate as invoices are processed. The platform reduces human errors and improves data quality.

Contract deviation

Get notified when price or terms and conditions deviate from contractual agreements.

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Why choose SEMINE?

Consistency
Timeliness
Added value
Insight
Traceability
Cost efficiency
Consistency
Timeliness
Added value
Insight
Traceability
Cost efficiency
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Consistency

SEMINE doesn't let the same cost items jump between different G/L Accounts

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Timeliness

SEMINE will automatically accrue for costs based on the defined period on the invoice.

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Added value

While SEMINE takes care of repetitive tasks, employees can focus on adding value

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Insight

With line-item details, insight can be taken to a whole new level

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Traceability

Easily identify who is responsible for the next action on all open invoices

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Cost efficiency

SEMINE can do the work of several humans in a fraction of the time and with better quality. 

Use Cases

Process Optimisation
Auditing and Compliance
Digitalisation
Insights and Analytics
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Process Optimisation

SEMINE simplifies complex and varied processes to empower finance teams with touch-less accounting. Benefit from hyper automation and 100% accuracy.

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Auditing and Compliance

A higher degree of automation means less human intervention and a reduced risk of error. Benefit from a full audit trail, line-based VAT code prediction and more.

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Digitalisation

Even if your business is currently very manual and paper-based, SEMINE has been proven to transform and elevate processes to a high level of automation and digitalisation.

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Insights and Analytics

SEMINE’s high-quality data makes it easier to make decisions that can save costs and improve liquidity. Better insight provides better compliance too.

FAQs

How much time can I expect to save when using the SEMINE platform for handling incoming invoices?

It depends on the volume of incoming invoices of course, but with >90% of data points on the invoices automatically handled, many of our customers can re-purpose several resources in the accounts payable department.

How does consistent handling of invoices impact business performance management?

Many companies experience that cost items ‘jump’ between general ledger accounts. Worst case that means that Key Performance Indicators (KPI) become meaningless or deceptive. With SEMINE’s consistent accounting, KPIs will measure what they are intended to measure. 

What is the main benefit of line item accounting from an analytics perspective?

Exporting the data to your preferred insight tool, you can drill down to individual articles and compare prices between vendors and geographical locations. Many of our customers have used this insight to consolidate purchases and make significant savings.

Book a demo

 

See for yourself how SEMINE is revolutionising the finance sector.

Book a 20-minute non-binding video meeting with us. We will assess your situation and needs while giving you the opportunity to see for yourself how SEMINE works through a brief demonstration.

Book now

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