OpenEnvoy releases new deep learning model for account coding and 100% capture of supplier invoices, announces new partnership with NetSuite
The new AI model, known as a deep neural network, has been trained on finance data from complex industries such as media, manufacturing, and logistics.
- The new AI model, known as a deep neural network, has been trained on finance data from complex industries such as media, manufacturing, and logistics.
- With this release, customers can accurately apply General Ledger (GL) account coding at the invoice line level without the need for a PO.
- This release also helps to OpenEnvoy scale its guaranteed capability to capture 100% of supplier invoices cost effectively, including support for global customers.
- In addition to launching autonomous GL Coding, OpenEnvoy established a commercial partnership with Netsuite.