What is Finto?
Finto provides intelligent automation for your mid-market enterprise's accounting department. It's designed to eliminate the manual, error-prone work of invoice processing, freeing your finance team to focus on higher-value activities. By deploying custom AI agents that work together as a dedicated team, Finto puts your accounts payable on autopilot—from invoice receipt to final ERP posting.
Key Features
Finto automates up to 75% of a typical accountant's workload with a suite of intelligent capabilities.
📥 Automated Inbox & Vendor Communication Finto automatically captures and processes all incoming invoices, regardless of format—including PDF, scanned documents, XML, or ZUGFeRD. The system can also manage automated communications with your vendors to resolve discrepancies or request missing information, ensuring a smooth and standardized intake process.
🔍 Intelligent Data Extraction & Verification Go far beyond basic OCR. Finto’s AI reads and understands invoice data with an accuracy rate of over 99% at both the document and line-item levels. It simultaneously performs automated checks for compliance, tax validity, and potential fraud, ensuring data integrity from the very first step.
🧠 Self-Learning Account & GL Coding Eliminate the guesswork and manual effort of account assignment. Finto’s self-learning AI analyzes your historical data to intelligently suggest general ledger (GL) accounts and cost centers based on your unique accounting schemes. It continuously improves with every transaction, preparing precise journal entries for your ERP system.
✅ Streamlined Approval Workflows Ensure invoices are always paid on time and by the right people. Finto automatically routes invoices for approval based on a sophisticated understanding of your internal policies, including cost centers, amount thresholds, due dates, and even cash discount periods, preventing bottlenecks and capturing savings.
Unique Advantages
Beyond OCR and Rules-Based Tools Standard OCR tools only extract text, and traditional workflow systems rely on rigid, pre-programmed rules. Finto understands your invoices in context. Its adaptive AI agents learn from your operations, handling new invoice formats, suppliers, and exceptions without requiring constant manual reconfiguration.
Enterprise-Grade Security and Compliance We built Finto to meet the stringent requirements of modern enterprises. Your data is protected by:
Certified Infrastructure: Hosting on DIN ISO/IEC 27001 & 27018 certified servers in Central Europe.
Data Privacy: Full GDPR compliance and a guarantee that your company's data is never used to train shared base models.
Process Integrity: GoBD-compliant processing and seamless integration with your existing security protocols, including Single Sign-On (SSO).
Conclusion:
Finto is more than just an invoice processing tool; it's a strategic asset for modernizing your finance department. By combining intelligent automation, superior accuracy, and enterprise-grade security, Finto empowers your team to operate with greater efficiency and confidence.
Explore how Finto can transform your accounting processes!
