In 2024, Semine is taking on the world
This year, we aim to make it even easier for more businesses to embrace AI in their incoming invoice processes. We will enhance the SEMINE platform, streamline our operations, and strengthen our position in new markets.
SEMINE streamlines workflows and empowers customers with better insights into their businesses. In 2024, we will further develop our solution and its functionality, allowing more businesses to benefit from the SEMINE platform – both in new countries and among larger corporations.
The time has come to establish a clear international presence, building upon our strong position in Norway as a foundation. Leveraging the elements valued by our domestic clients, Semine's continued growth will progress us forward in more ways than one.
READ MORE: Semine enters Finland to empower finance teams with AI automation
User experience in focus
Our solution will become even easier to use, with the user interface evolving to simplify tasks. This involves further streamlining some of the most critical workflows, building upon the aspects customers appreciate most in our mobile platforms, and updating the design, to name a few.
As SEMINE penetrates larger markets, it's advantageous that the solution is already well-suited for entities handling numerous clients. Whether dealing with larger accounting firms with many customers or corporations with a multitude of legal entities, such entities require a flexible tool that helps them perform better within these complex structures.
READ MORE: A better, easier way to work with multiple clients.
Localisation and partnerships
Linguistic localisation for new markets is another crucial task, as well as the development of integrations for the most widely used ERP systems in the markets we are entering. This may involve local adjustments in what and how we integrate, as well as navigating new regulations or compliance regimes.
At the same time, internationalisation means scaling through partnerships. To make it even easier to onboard new partners, the implementation of SEMINE will become more standardised and automated. This, combined with a robust training and certification programme, will quickly prepare new partners to deliver successful projects.
Insight and analysis
The SEMINE platform easily extracts head- and line level data from processed invoices. While we have encouraged customers to use this information in third-party tools for processing and value add, we increasingly see the potential to incorporate much more functionality directly into the SEMINE-platform. This will not only offer customers more possibilities but also make it easier for SEMINE to contribute to increasing the level of automation in invoice processing. The solution will provide concrete tips such as 'if you get supplier A to enter X on the invoices, more invoices can be handled automatically,' or 'Department Y seems to spend a lot of time doing manual tasks outside the system; discuss optimal workflow with them.
READ MORE: This is how easily the focus can be shifted from punching to analysis
New area for Semine
The goal of everything we are set to achieve in 2024 is to create an even better solution that can be used by more businesses looking to save time and create more efficient workflows. While this, in many ways, is 'business as usual' for Semine, we are still transitioning into a new phase as a company.
With solid and long-term owners behind us, we have been able to develop SEMINE into an innovative and industry-leading product on a global scale – with a strong position in the domestic market and a promising future worldwide. After the investments made thus far, the results are trending upward, and Semine will sustainably grow into our new international reality. I hope YOU join us through 2024 and beyond, as SEMINE takes on the world!
After using SEMINE for only three months, nearly 90 per cent of Fredensborg’s accounts payable were being processed automatically. Almost three years later, SEMINE is doing even more, which helps the accounting department keep pace with the company’s rapid growth.