Data Alchemy brings Intelligent Document Processing to accounting and tax firms. Every client means invoices, journal entries, tax forms, bank statements and fiscal documents to key into the accounting software by hand, multiplied across dozens of companies. The multi-engine AI captures, extracts and validates the data from each document and writes it straight into the firm's accounting software in about 3 seconds, with 99.8% accuracy, freeing staff from data entry and reducing posting errors.
In accounting firms, data entry is the bottleneck that absorbs staff hours and prevents time being spent on high-value advisory work. Document automation gives that time back to the firm.
Data Alchemy automatically posts the accounting and tax documents of the firm's clients, reducing data entry across the whole portfolio.
Extraction of accounting data from client sales and purchase invoices and generation of the journal entry.
Extraction of tax codes, amounts and deadlines from tax payment forms and fiscal documents.
Import of bank transactions from PDF and CSV and reconciliation with invoices and deadlines.
Digitisation of receipts, expense notes and miscellaneous documents for accounting posting.
From the client document to the entry in the accounting software, in four steps and with no manual data entry.
Client documents arrive via email, portal or monitored folder and are captured automatically, organized by company.
The AI recognizes invoices, tax forms, bank statements and receipts and extracts the accounting data with 99.8% accuracy, whatever the format.
Data is validated against the client's master data and matched to the correct accounts, flagging exceptions to review.
Entries and journal records are written automatically into the firm's accounting software via API or export, ready for review.
Data Alchemy writes the entries straight into the main accounting and practice-management software — Zucchetti, TeamSystem and others — via API, webhooks and exports. The firm keeps its tools and processes: the only change is that manual data entry disappears, replaced by validated data ready for the professional to review.
Automatic data extraction from sales and purchase invoices with validation and accounting allocation.
Learn more →DepartmentAutomation of accounts payable and receivable, bank reconciliation and tax documents.
Learn more →ComplianceGDPR conformity, EU data residency and encryption for your clients' documents.
Learn more →IDP for logistics operators, freight forwarders and carriers: delivery notes, CMR, customs documents and carrier invoices processed automatically.
Manufacturing & Production IndustryIDP for manufacturers: customer orders, supplier confirmations, delivery notes, certificates of conformity and supplier invoices automated.
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