Accounts payable.
Fully automate.
Fully save.

Hero Grafic

90 %

cost, time &
resource savings

90 %

automation

35 %

lowererror rate

100 %

Plug & Play

Reduce accounting costs & never worry about backlogs again - with Nooxit!

Accounts payable has its challenges. And not only because of the time it takes. The costs can also be a real headache. After all, a single invoice can easily cost up to 12 €. With 10,000 to 100,000 invoices a year, that adds up to quite a lot.

What if there was an AI-based tool that not only completely automates processes, but also reduces these costs per invoice to a minimum of one euro?

These companies already work with us - and achieve a total turnover of more than 170 billion euros.
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Your accounts payable processes, fully automated: What Nooxit offers

Invoices that only cost one euro in administration and no longer 12 are wonderful. But how do we achieve this promise? We'll tell you. What Noxit can do:

01

AI-based Optical Character Recognition (OCR)

OCR means nothing other than the automated text recognition on your supplier invoices. This means that Nooxit automatically captures the most important data and items from your incoming invoices and enters them into your system.

"That's all well and good, but doesn't every invoice tool do that?"

Many invoice tools offer this function, true. The difference is that Nooxit automatically captures up to 95% of all invoices correctly into the system. Both at header and item level. With other tools, this rate is significantly lower, which means manual correction in most cases.

02

The good old § 14 - 4 check

In order for an invoice to be valid under § 14 of the German VAT Act, it must contain a number of important details. What exactly are those? These are: - The full name and address of the service provider:
  • The full name and address of the supplier
  • The full name and address of the recipient 
  • The date of issue of the invoice
  • The quantity and description of the goods/services delivered/supplied
  • The applicable tax rate or a reference to tax exemption
  • The tax number or VAT ID of the service provider
  • A unique, consecutive invoice number
  • The date of supply or receipt of the service
  • The remuneration, broken down according to the respective tax rates and exemptions
  • If applicable, a reduction of the remuneration agreed in advance (discounts & Co.)
  • Credit note" information when the invoice is issued by the recipient of the service
Our tool recognises these contents accurately and ensures that you only post invoices that are legally compliant.

03

Accounting automation

Once your supplier invoices are captured, Nooxit takes it a step further. A posting is only correct (and only really valuable) if it is made to the correct G/L accounts. How does Nooxit help you? Quite simply:

The keyword is " accounting suggestion".

Or to put it another way: Nooxit makes you a suggestion as to which G/L account should be posted to, which cost centre is affected and adds a VAT code.

If you need other fields that are important to you, you can add them at any time.

04

Automation of the LZB indicators

No matter whether domestic companies, banks, public institutions or even private individuals:

Every payment that comes from foreign accounts must be reported in Germany if the value (or equivalent value) exceeds €12,500.

Why this can be tedious? An excellent question.

The reporting of these incoming payments is based on predefined indicators that have to be assigned manually. A process that takes time. A process that Nooxit's AI-based prediction takes away from you. Just like that.

Finally save time and
money in accounting?
In 3 steps with Nooxit:

01

Request a non-binding offer

Nooxit works in many cases as a plug & play tool. You can simply set it up and start using it straight away.

However, if you have special requirements (for example, an individually adapted IT landscape), Nooxit is a tool that has to be integrated into your system individually.  Therefore and because there are so many different ERP systems (as well as wishes and requirements), everything starts with a non-binding request.

Once you have sent us your enquiry with some initial key data, we will get back to you within 24 hours.

02

Demo access and assessment of the "solution fit"

Upon request, you will receive a demo of our software. Do you like what you see? Then we will clarify in a short call whether Nooxit can be integrated into your existing IT landscape and whether we might adapt something for you.

03

Your customised offer awaits you

Once everything has been clarified in step 2, you will receive a concrete offer from us as soon as possible. Then you are in the driver's seat. You alone decide from then on whether you want to enjoy stress-free accounting processes in the future 😉

Curious about your savings potential?
You can calculate it here:

Nooxit - A team, ready to make your accounting easier

In 2018, two Berliners, David Weber and Jendrik Jördening, who have already known each other from past projects, are aware of their mutual passion for new digital technologies and artificial intelligence.

From one of their projects (a UI prototype for machine learning), an idea suddenly forms:

They want to combine their software with SAP's applications - practically artificial intelligence for one of the most popular ERP system. The incentive:

To finally give a purpose to millions of unused data records that are stored in ERP systems around the world.

At the end of 2018, they founded Nooxit GmbH, based in the capital. Just one year later, the company is already cooperating with one of the world's largest automotive suppliers - ZF Friedrichshafen AG.

Less Manual Work - Better Results

Processing invoices is still manual work in many companies. The process is tedious, costly and takes time. Errors often happen. And employees lack the time for more value-adding activities. With our AI solution, this problem can now be solved. It is the step towards automated processes in accounting, from the receipt of the paper invoice to the booking. You can call this a turn of the times, accounting 4.0 - or simply a good idea.

Reduce your expenses and risks

Increase the quality of invoice processing

Relieve your employees of monotonous work

Reduce the number of errors

Capture, Verify and Post - in Milliseconds

What still sounds like a vision to many is already reality: automated invoice processing. Our AI solution captures the incoming invoices completely - and not just the header information, as is the case with most OCR providers. And then it processes the invoices, checks them for errors and also ensures that all tax regulations are complied with. Simply because it was designed to do just that - and do it better than others.

Save your employees the hassle of visual checks

Benefit from automatic tax auditing

Reduce the number of manual data entries through intelligent field suggestions

Integration
SAP LogoQuickBooks LogoXERO Logosage logoMicrosoft Dynamics 365 Business Central Logo

Customer success story
– ZF Friedrichshafen

Field-tested, Reliable and Safe Technology

The software trains and learns incredibly fast. This quickly and securely frees up capacity that your employees can focus on more important things than manually checking and posting invoices. Already, our AI has improved its capabilities with over 300 million data points - and counting. The integration of the software, by the way, is almost as easy as downloading an app.

Integrate the solution easily via Plug & Play

Use our simple pay-per-use payment model

Rely on security through our cooperation with the best-known cloud providers

Run the software in silent or active mode

Your path to cost and time savings with Nooxit starts here

All that stands between the full automation of your accounts payable processes and Nooxit is an initial, non-binding conversation. Two ways to get your quote.

1. book an appointment directly

Book an online appointment with one of our founders, David Weber. Let him show you what Nooxit can do, get a demo access and discuss the first important key points for your offer.

You can book the appointment here:

Image of David Weber

2. first feed us with information

You already know about the special requirements of your company and would like to send us some information in advance? Or do you just have a question? Great! Our contact form is looking forward to being filled in by you. You will usually hear from us within two working days.

Take your accounting to a new level

Here's your accounting autopilot. The AI solution processes the invoices in your company automatically and end-to-end. This reduces costs and risks - and creates new freedom.

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Process 9 out of 10 invoices fully automatically

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Up to 35% fewer tax errors and double bookings

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Up to 90% cost savings

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Setup in 24 hours via Plug & Play

90 %

Kosten-, Zeit &
Ressourceneinsparung

90 %

Automatisierung

35 %

geringere Fehlerquote

100 %

Plug & Play

These companies already work with us - and achieve a total turnover of more than 170 billion euros.
logo: oracle for startupsLogo: nivida inception programLogo of ZF Friedrichshafen AGLogo of Gambit ConsultingLogo Telekom Techboost

How It Works

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Receives invoice

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Automatically captures invoice

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Nooxit AI
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Checks invoice automatically

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Generates posting automatically: G/L account, cost centre, VAT code, workflow recipient, LZB code

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Transfers invoices to the ERP system

Less Manual Work - Better Results

Processing invoices is still manual work in many companies. The process is tedious, costly and takes time. Errors often happen. And employees lack the time for more value-adding activities. With our AI solution, this problem can now be solved. It is the step towards automated processes in accounting, from the receipt of the paper invoice to the booking. You can call this a turn of the times, accounting 4.0 - or simply a good idea.

Reduce your expenses and risks

Increase the quality of invoice processing

Relieve your employees of monotonous work

Reduce the number of errors

Capture, Verify and Post - in Milliseconds

What still sounds like a vision to many is already reality: automated invoice processing. Our AI solution captures the incoming invoices completely - and not just the header information, as is the case with most OCR providers. And then it processes the invoices, checks them for errors and also ensures that all tax regulations are complied with. Simply because it was designed to do just that - and do it better than others.

Save your employees the hassle of visual checks

Benefit from automatic tax auditing

Reduce the number of manual data entries through intelligent field suggestions

Integration
SAP LogoQuickBooks LogoXERO Logosage logoMicrosoft Dynamics 365 Business Central Logo

Video: Customer Success Story - ZF Friedrichshafen

Field-tested, Reliable and Safe Technology

The software trains and learns incredibly fast. This quickly and securely frees up capacity that your employees can focus on more important things than manually checking and posting invoices. Already, our AI has improved its capabilities with over 300 million data points - and counting. The integration of the software, by the way, is almost as easy as downloading an app.

Integrate the solution easily via Plug & Play

Use our simple pay-per-use payment model

Rely on security through our cooperation with the best-known cloud providers

Run the software in silent or active mode

Get in Touch with Us Now

Do you have any questions? Would you like to get to know the software? Feel free to call us or write to us.

30 MIN CALL WITH DAVID WEBER
david.weber@nooxit.com
Image of David Weber

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