Nooxit

Nooxit is an AI-based accounts payable automation tool that reads supplier invoices, checks them for tax and legal compliance, and posts them to the correct accounts with minimal human effort. The solution combines advanced OCR, intelligent booking suggestions, and rule-based checks to achieve automation rates of up to around 90% while reducing the error rate in invoice processing by about 35%. Nooxit integrates into existing ERP and accounting systems (for example SAP environments) and can often be used as a plug‑and‑play solution, so companies can lower their invoice cost per document to under 1 euro and free employees from tedious manual work.​

Key features

• AI-based OCR that captures invoice data at header and line-item level and correctly imports up to about 95% of all documents into the system without manual correction.​
• Automated §14 UStG invoice compliance checks to ensure required legal and tax information is present before invoices are posted.​
• Intelligent posting suggestions that propose G/L accounts, cost centers, and VAT codes, with the option to add custom fields as needed.​
• Plug-and-play cloud-based solution with pay‑per‑use pricing, collaboration with well-known cloud providers, and modes such as silent or active operation for flexible deployment.​

Use cases

• Automating end-to-end accounts payable processes, from invoice capture to posting, to reduce processing time, costs, and manual data entry.​
• Ensuring tax and legal compliance in invoice processing, including checks against German §14 UStG requirements before invoices are booked.​
• Supporting SAP and other ERP finance teams with AI assistants for tasks such as account determination, reversal detection, and master data quality to avoid errors and rework.