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AI Invoice Processing: automatically process invoices in SMBs

Automatic recognition, 3-way matching and approval workflows: how AI processes incoming invoices for controllers and financial employees in SMBs.

FinanceInvoicingAutomationSMB

You probably recognize this


You are a financial employee or controller at an SMB. Every week dozens, maybe hundreds of incoming invoices arrive — by mail, via email, as pdf or as scan. Each invoice you must check manually, enter into your accounting package (Exact Online, AFAS, Twinfield), match with the correct purchase order, and send for approval to the right person.


Imagine: it's Monday, your mailbox is full of invoices from last week, your email is full of attachments and your suppliers are calling again for payment confirmation. Meanwhile, you still have a quarterly report to prepare.


What this costs you


ActivityTime per weekCosts per year
Manually entering invoices6 hours€9,000
Checking and matching with purchase order3 hours€4,500
Following up approvals and forwarding2 hours€3,000
Processing corrections and duplicate entries1.5 hours€2,250
Total12.5 hours€18,750

*Based on a full-time employee at €30/hour*


How AI tackles this differently


With AI-driven invoice processing, you automatically process incoming invoices — from receipt to booking.


1. Automatic recognition: AI reads vendor name, invoice number, date, amount and VAT details directly from the invoice — whether it's a pdf, scan or e-invoice (UBL/XML). Accuracy: 95–98%.


2. 3-way matching: The software automatically matches the invoice with the corresponding purchase order and goods receipt in your system (Exact Online, AFAS, Twinfield). Does everything match? Booking proposal is complete.


3. Smart approval workflow: Invoices that fall outside the norm — too high amount, unknown vendor, missing purchase order — are automatically sent to the right person for approval. The rest, the system processes itself.


4. Self-learning system: The more invoices the system processes, the better it becomes. It recognizes recurring vendors and booking patterns and applies them automatically.


> Expert tip: Combine AI invoice processing with a digital approval workflow. That way you also have your audit trail in order — helpful for the accountant.


What it delivers


  • Up to 93% less time spent on manual entry
  • 12 seconds per invoice instead of minutes
  • €15,000–€18,000 per year saved on personnel costs
  • Fewer errors from manual entry: always current, reliable accounting
  • Vendors paid on time = better vendor relationships and opportunity for discounts

  • How other controllers in SMBs use this


    A financial controller at a wholesale company processed 300 incoming invoices weekly. Two employees spent about 15 hours a week on this. After implementing AI invoice processing (linked to Exact Online), this dropped to less than 1 hour — for the exceptions that require human review. The freed-up time is now used for supplier analysis and cash flow optimization.


    Frequently asked questions


    *See FAQ section below*


    Ready to start?


    Want to know what AI invoice processing could mean for your organization? Schedule a free demo and see live how your invoice flow can be automated. No lengthy implementation, no IT project — operational within weeks.


    [Request a demo](/demo) or [get in touch](/contact).

    The figures and results in this use case are indicative and illustrative — the actual outcome depends on your process, data and volume.

    Frequently asked questions

    Frequently asked questions

    How accurate is AI at recognizing invoices?

    Modern AI systems achieve 95–98% accuracy on well-readable invoices. The system learns from corrections, so accuracy improves over time. Invoices that the system is not sure about are presented to an employee for review.

    Does this work with my accounting package (Exact Online, AFAS, Twinfield)?

    Yes. Most AI invoice processing solutions integrate standard with Exact Online, AFAS, Twinfield, Unit4 and Moneybird. Implementation typically takes 2–4 weeks, depending on your current infrastructure.

    What happens if an invoice is not recognized?

    Invoices that the system cannot process with sufficient certainty are automatically placed in an exception queue. An employee reviews these invoices manually. That way you stay in control.

    Is it safe to process invoices via AI?

    Yes, provided the software is GDPR-compliant and processes data within the EU. Always choose a supplier with ISO 27001 certification and ask about their data retention policy. Invoice data is stored encrypted.

    How fast is the implementation?

    On average 2–6 weeks, depending on the complexity of your current invoice flow and desired integrations. For standard connections with Exact Online or AFAS, it is often operational within 2 weeks.

    Apply this in your business?

    We build this as a custom AI Agent for your process and software. Start with a free AI scan, or view the agents we already offer.