Over 10,000 companies have already adopted our AI platform, SEMINE, saving tens of thousands of hours previously spent on manual invoice processing. These hours are now redirected to more strategic tasks like analysis, consulting, and generating insights within the finance department.
Many companies assume that implementing an advanced solution like SEMINE will require a large, costly IT project with high management costs. This article demystifies the process and shows how easy it can be to automate accounting with artificial intelligence (AI).
SEMINE is a Software-as-a-Service (SaaS) solution, designed in the cloud to ensure security, uptime, operation, and upgrades. Customers log in via a browser or mobile app, without needing to manage the technical infrastructure behind it. SEMINE is ideal for automated accounting and electronic invoice management.
If you have a cloud-based ERP system, SEMINE integrates easily via open APIs. Even if your ERP system isn't cloud-based, SEMINE has connectors that link to the API. Our partners have expertise in various business systems like for example SAP, Xledger, Visma, and Microsoft Dynamics 365, so deep technical knowledge isn’t required internally to become a SEMINE customer.
READ MORE: Integration with leading ERP systems
We have developed a structured methodology to roll out SEMINE successfully for all new customers. The project involves four steps and typically takes just a few weeks.
To ensure the process is as efficient as possible, several actions can be taken while SEMINE is being installed and before it goes live. One such action is defining and communicating clear invoicing requirements to suppliers. This enables the AI in SEMINE to capture more data points, which quickly increases the automation level within your organization.
After the kickoff meeting and integration setup, a day is scheduled for training and preparation with superusers. If you’re already using one of the more common cloud-based financial solutions with standardized integrations, you can start using SEMINE within a month after placing the order.
In the period following implementation, it's best to let the AI work without interference. The algorithm learns from repetition and feedback. When training the AI engine, it might be more efficient in some companies to program the algorithm based on defined parameters. We guide you through the entire process.
The goal of every project is to achieve as close to full automation as possible. SEMINE becomes more accurate in suggesting postings, enriching line data, and more with each processed invoice. When SEMINE provides consistent and correct predictions, invoices can automatically be posted to the accounting system if desired. Automatic approval can also be introduced for familiar invoices or those with insignificant amounts.
READ MORE: Simple and efficient onboarding
Over time, the level of automation increases, leading to higher quality and improved processes. Our ambition is to support up to 100% automation.
By choosing SEMINE, your organization can achieve significant efficiency gains, streamline invoice processing, and empower your finance team to focus on more strategic, value-adding tasks. Ready to take the next step? Let’s transform your finance operations together.