Average Ratings 2 Ratings
Average Ratings 0 Ratings
Description
Complex invoice approvals need clear responsibilities and consistent preparation. Candis supports both with AI-assisted accounts payable software developed in Germany for the needs of midsize businesses.
AI extracts invoice data and learns from each legal entity's invoice history and corrections to generate pre-accounting suggestions based on invoice content. These can be reviewed and adjusted before export, reducing repetitive preparation. Multistage workflows set approval stages, amount limits and substitute approvers, with invoices and approvals kept separate for each entity.
Prepared data can be passed to DATEV, SAP Business One, Microsoft Business Central or Sage 100 via the available connection or file export, reducing repeated data entry. Supported XRechnung and ZUGFeRD invoices undergo defined mandatory-field checks under German VAT rules. GoBD-certified software logs processing steps and retains searchable invoices for ten years on servers in Germany.
Description
An electronic invoice approval system is essential for a paperless office, serving as an automated accounts payable software solution. This system allows supplier documents—such as price updates, order confirmations, shipping notices, bills of lading, packing lists, and invoices—to be integrated directly as electronic data, provided the supplier has transitioned to electronic communication. For those suppliers still using paper or fax, the system collects, digitizes, identifies, and stores these documents in an online web-based repository for easy access and ongoing processing. The accounts payable department plays a crucial role in managing and reviewing these transactions to ensure that all outstanding invoices are approved, processed, and paid promptly. This responsibility can create numerous challenges, including potential human errors during data entry, misplaced invoices, late payments, invoice duplicates, and the risk of double payments. By implementing this electronic system, organizations can significantly enhance efficiency and reduce the likelihood of such issues. Ultimately, a streamlined accounts payable process not only benefits the department but also strengthens relationships with suppliers by ensuring timely and accurate payments.
API Access
Has API
Yes
API Access
Has API
No
Integrations
Agenda
Yes
DATEV
Yes
Microsoft Dynamics 365 Business Central
Yes
SAP Business One
Yes
SAP ERP
No
Sage 100
Yes
Integrations
Agenda
No
DATEV
No
Microsoft Dynamics 365 Business Central
No
SAP Business One
No
SAP ERP
Yes
Sage 100
No
Pricing Details
€389
Free Trial
Yes
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
No
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Candis
Founded
2015
Country
Germany
Website
www.candis.io
Vendor Details
Company Name
ShreeMon
Founded
2014
Country
United States
Website
shreemon.com/Product/Account-Payble-Software
Product Features
Accounting
Accounts Payable
Yes
Accounts Receivable
Yes
Bank Reconciliation
No
Billing & Invoicing
Yes
CPA Firms
No
Cash Management
No
Cryptocurrency Support
No
Expense Tracking
No
Fixed Asset Management
No
Fund Accounting
No
General Ledger
Yes
Government
No
Multi-Currency
No
Nonprofits
No
Payroll Management
No
Project Accounting
No
Purchase Orders
Yes
Tax Management
No
Product Features
Accounts Payable
Approval Process Control
No
Bank Reconciliation
No
Cash Management
No
Check Writing
No
Duplicate Payment Alert
No
Fraud Detection
No
General Ledger Entry
No
Vendor Management
No