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Hungarian company to conquer South America and Africa
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Big companies may receive hundreds of thousands, or even millions of invoices each year, and processing these manually is costly and complicated. A Hungarian startup helps dealing with this. They will soon be able to take over the whole of the paperwork of companies using artificial intelligence. The technology is much in request: the company called Doqsys helps with the work of many local and international SSCs, but they are planning to expand in Africa and South-America too, portfolio.hu reports.
Hungarian IT company saves enormous amount of money
Doqsys (officially DOQSYS Business Solutions Zrt.) was formed in 2005, its headquarter is in Budapest and the processing centre in Gödöllő. They are concerned with corporate procurement and invoice processing as an IT system integrator company. Although they are an IT company, they do not only sell their software, but they help their clients by providing complex service packages.
Their customers are mainly BSC/SSC centres. Typically, a corporate enterprise processes 100 thousand-1 million invoices a year, which means significant costs and time. Doqsys is mainly engaged in automatizing these. For the time being, they provide four main services:
- E-sourcing
- Electronic operative procurement
- Invoice processing
- Cloud-based services
In automatizing services, artificial intelligence helps Doqsys. Their service is available all around the world. Their IT solutions are based on technologies of such companies as
- SAP Ariba, concerned with developing cloud-based solutions
- Top Image System (TIS), developing intelligent character recognition solutions
- NetLock, working out timestamps, accreditation, archives.
- Basware, developing solutions for procurement and supplier invoice processing.