Explore Our Blogs

Every failed invoice match. Every rejected order. Every downstream system error. They’re not just “one-off issues.” They’re symptoms of a deeper problem: broken processes and unreliable data at the source.

By 2026, mandatory e-invoicing rules will cover millions of European businesses. For finance leaders, this means invoice data must be accurate and compliant from day one. If your current process still needs human intervention, you’re at risk. CloudConnect delivers 100% accuracy without OCR, applies your business rules automatically, and ensures you stay compliant—before the deadlines hit.

What would your finance team do with zero invoice exceptions? PwC's CFO Pulse Survey reveals a telling contradiction in modern finance operations: 59% of CFOs say cost cutting is a top priority for the finance function in the next 12 months, and more than half (52%) are prioritizing the use of technologies such as generative AI and advanced analytics to build predictive models and strengthen scenario analysis capabilities.

In today’s lean and fast-paced business environment, CFOs are under more pressure than ever to deliver greater results with fewer resources. The winning formula? Intelligent automation paired with rock-solid compliance.

OCR (Optical Character Recognition) has been around for over a century and has evolved significantly since the early 2000s. Vendors began enhancing OCR with algorithms to correct basic recognition errors, improving extraction and accuracy to some extent. But OCR has a fundamental flaw: its performance is limited by the quality of the inbound document, which the receiver cannot control.

Finance operations sit at the heart of every business, silently powering critical workflows that impact cash flow, supplier relationships, and financial accuracy. One of the most intricate and error-prone aspects of this function is the processing of supplier invoices— especially when matching invoice data against purchase orders (POs) and delivery notes.