What is Fitekin?
Fitekin is the online solution for supply invoice management that includes approval workflows.
The verification, processing, approval, archiving, and sending of invoices to the company's accounting system can be partially or fully automated. Once approved in Fitekin, invoices can be transferred to the user's financial accounting system (ERP) along with all their details and cost allocation records.
Fitekin Solution
With Fitekin, we transform the invoicing process from a complicated, outdated, and costly one to a modern, user-friendly, and convenient process for all business partners.
Who is this
product for?
It is addressed to companies or public institutions that:
- Have multiple individuals involved in the purchase invoice approval process.
- Process more than 150 invoices per month.
Over 1,150 companies use Fitekin for workflow automation.
Some of the partners who have chosen Zipper solutions
Fitekin Functionality
Collection and storage of incoming invoices
Key data management from invoices
Sending invoices for approval and monitoring
Invoice approval and creation of accounting links
Advanced invoice search
Supplier nomenclature management
Exporting invoices to the accounting program (ERP)
Generating search reports and saving in CSV format
Benefits
Save time!
Save time by automating invoice processing. You can set up automation rules based on specific triggers.
100% mobility!
Mobility in invoice processing. You can use any device with internet access (smartphone, tablet, PC) as well as the mobile app available on the App Store or Google Play for iOS and Android operating systems.
Productivity!
Increase productivity in invoice processing through cost allocation automation (automatic allocation to cost centers, budget lines, accounting accounts, etc.) and exporting to ERP, exponentially increasing the volume of documents processed per unit of time.
Accessibility!!
Accessibility to processed incoming invoices. They are stored in an easily operable archive.
Gain trust from your partners by processing invoices in a timely manner, ensuring good payment behavior, and strengthening business relationships.
Workflow Process
1 Extract/retrieve data from invoices - through OCR service*
2 Enable approval of incoming invoices
3 Automatically or manually record the costs from your invoices, as applicable
4 Export data and map them to dimensions in your accounting system (ERP)
5 Digital archive of incoming invoices
Compliance
Transparency
Control
Communication
Cost Reduction
*Extraction of data from electronic invoices, PDF invoices, or printed invoices is done through OCR service - Automatic upload of invoices
*Possibility of integration with the RO e-Invoice service
*Possibility of integration with the RO e-Invoice service
Fitekin significantly reduces the processing time
Average time lost in processing invoices in the current format.
1min
Taking invoice from envelope
3min
Registration of invoice
3min
Manual entering
15min
Confirmation flow
2min
Posting
2min
Archive
4min
Handling of mistakes
Minim
30min
30min
Average time spent processing an invoice using the Fitekin application.
0min
Taking invoice from envelope
0min
Registration of invoice
0min
Manual entering
2min
Confirmation flow
2min
Posting
0min
Archive
1min
Handling of mistakes
5
min
min