Yooz Unveils AI-Powered YoozVendorStatements for Effortless Reconciliation

The latest cutting-edge solution from Yooz, designed to save businesses time, money and hassle while strengthening suppliers relationships with seamless efficiency.

London, UK – 25 November, 2024 – Yooz, a global leader in cloud-based accounts payable automation solutions, proudly announces the launch of YoozVendorStatements, an Artificial Intelligence (AI) driven solution designed to streamline and optimise the supplier statement reconciliation process. This innovative tool is part of the Yooz AP automation platform, delivering unmatched accuracy, efficiency and cost savings. 

YoozVendorStatements is a game-changer in accounts payable automation, offering a unique comprehensive suite of AI and Deep Learning capabilities across the entire AP process. Key features include: 

• Proprietary AI-automated data capture and invoice matching:Extracts and matches line level data from multi-format supplier statements with internal invoice records. No additional effort required!

• Rapid reconciliation and investigation workflow: Intuitive experience to automatically link documents and quickly spot discrepancies, speeding up reconciliation and improving accuracy.

• All-in-one solution: Seamlessly integrates with the Yooz automation software to optimise and streamline the entire AP process in a single cloud-based platform for easy access, improved visibility and simplified compliance. 

“We are excited to introduce YoozVendorStatements as the newest innovation in our comprehensive suite of AI-powered accounts payable solutions,” said Laurent Charpentier, CEO at Yooz. “Our dedication to customer success continually drives us to redefine what’s possible in AP automation. YoozVendorStatements marks a major step forward, delivering even greater efficiency, accuracy and value to our customers.

For more information, click here. 

About Yooz

Yooz provides the smartest, most powerful and easiest-to-use cloud-based E-invoicing and Purchase-to-Pay (P2P) automation solution. It delivers unmatched savings, speed and security with affordable zero-risk subscriptions to more than 5,000 customers and 300,000 users worldwide.

Yooz’s unique solution leverages Artificial Intelligence and RPA technologies to deliver an amazing level of automation with extreme simplicity, traceability and end-to-end customisable features. It simply integrates E-invoicing and AP Automation into information systems or ERPs with more than 250 native connectors, exceeding any other solution on the market.

Yooz is based in the US and Europe, with the UK Office located in London.

Visit us on www.getyooz.co.uk

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