Flowjin

Description

Features:

• Intelligent Data Capture: Flowjin extracts data from invoices, purchase orders, receipts, and other documents using AI and OCR technology.

• Automated Document Processing: The tool automates document processing tasks such as classification, data extraction, validation, and routing, enabling faster and more accurate data processing.

• Invoice Processing: Flowjin can process high volumes of invoices in various formats, capturing data such as invoice number, date, vendor information, line items, and totals, and automatically matches them with purchase orders and other related documents.

• Purchase Order Processing: The tool helps streamline purchase order processing by automating tasks such as PO matching, approval workflow management, and supplier communication.

• Receipt Processing: Flowjin can capture data from receipts, extract information such as merchant name, date, amount, payment method, and line items, and automatically categorize receipts for easy expense management and tracking.

• Approval Workflow Management: Flowjin provides customizable approval workflows for documents like invoices and purchase orders, enabling efficient collaboration and approval processes within teams.

• Reporting and Analytics: The tool offers robust reporting and analytics capabilities, allowing users to gain insights into spending patterns, supplier performance, and other key metrics, aiding in better financial decision-making.

• Mobile App: Flowjin has a mobile app that enables users to capture data from documents on the go, ensuring real-time data entry and processing.

• Secure Data Storage: The tool employs robust security measures to protect sensitive financial data, ensuring compliance with data protection regulations and providing peace of mind to users.

Use Cases:

• Accounts Payable Automation: Flowjin automates various accounts payable processes, from invoice data capture and processing to approval and payment, significantly reducing manual labor and improving efficiency.

• Expense Management: The tool simplifies expense management by capturing data from receipts, categorizing expenses, and providing detailed reports, helping businesses track and control spending more effectively.

• Purchase Order Management: Flowjin streamlines purchase order processing by automating tasks such as PO matching, approval, and supplier communication, ensuring accurate and timely PO processing.

• Vendor Management: The tool facilitates effective vendor management by providing insights into supplier performance, enabling businesses to identify top-performing vendors and optimize supplier relationships.

• Financial Analysis: Flowjin offers robust reporting and analytics capabilities, allowing businesses to analyze spending patterns, identify cost-saving opportunities, and make informed financial decisions.

• Audit and Compliance: The tool aids in audit and compliance processes by providing a centralized repository of financial documents, ensuring easy access to essential data and simplifying the audit process.

• Remote Work and Mobile Accessibility: Flowjin’s mobile app allows users to capture and process documents remotely, enabling seamless data entry and processing even when working outside the office.