What Finto does
Finto provides AI accounting software for enterprise finance teams, automating the invoice-to-journal-entry workflow. Using AI agents, the platform captures invoices, validates them, assigns account codes, and delivers verified journal entries directly into accounting systems, removing much of the manual data entry and approval work from accounts payable.
Key capabilities
Finto processes invoices in multiple formats including PDF, scans, XML, and ZUGFeRD, then validates and codes them automatically. It integrates with ERP and accounting systems such as SAP, Microsoft Dynamics, and DATEV, and supports tasks like three-way matching and accrual management. The platform provides analytics on processing metrics and automates vendor document exchange, and states that it does not train on customer data.
Who it's for
Finto targets enterprise finance and accounting teams handling high-volume invoice processing, particularly those needing GDPR compliance and full audit trails. Use cases include reducing invoice processing cost and time, capturing early-payment discounts through faster handling, improving data quality in journal entries, and offsetting staff shortages by automating routine work. The company is based in Germany.