Read the receipt
Supplier, line items, tax rates and amounts are recognised by AI — even with mixed rates and foreign currency.
myFactory integration
Post incoming receipts into myFactory automatically — and skip the manual entry.
You work with myFactory and still enter incoming invoices by hand? Invoice Insight reads every receipt with AI, codes it and posts it straight into your myFactory. Every automatically posted receipt saves you time — and money.
Why it pays off for myFactory users
Manually entering incoming invoices into myFactory costs your team time every day: open the receipt, find the creditor, type in line items and tax, assign the account, post. Receipt after receipt.
Invoice Insight automates exactly this path. The AI reads the receipt, matches the creditor, codes it by German accounting logic and creates a finished posting proposal. You review and approve — the rest happens automatically in myFactory.
The saving scales with your receipt volume: the more incoming invoices you process per month, the more working time disappears. We calculate your concrete saving on your numbers in the demo.
How Invoice Insight posts into your myFactory
One continuous, automated path from receipt inbox to the posted line item in the ERP.
Creditor matching
The supplier is matched against your myFactory master data — including creating missing creditors.
Coding
Account, tax key, §13b and split postings are pre-coded per line — as a reviewable proposal.
Post into the ERP
After your approval the receipt is posted straight into myFactory — no double entry, archived audit-proof.
Posted correctly in myFactory — by German accounting doctrine
- Creditor matching
- Suppliers are reliably matched against your myFactory master data, number-first.
- §13b / reverse charge
- Reverse charge is mapped correctly by account and key.
- Split postings
- Mixed tax rates are split per line item.
- myFactory stays in charge
- Invoice Insight doesn't replace your ERP — it feeds it. Your numbers keep living in myFactory.
FAQ
On myFactory posting.
Does Invoice Insight replace my myFactory?
No. myFactory stays your system of record. Invoice Insight delivers finished, reviewed postings — the posting itself happens in myFactory.
Is the creditor recognised automatically?
Yes. The supplier is matched against your myFactory master data; missing creditors can be created. So the posting lands on the right account.
How much time do I actually save?
It depends on your receipt volume. Every automatically posted receipt replaces manual entry. We estimate your concrete saving on your numbers in the demo.
What about DATEV?
The focus is on direct myFactory posting. A DATEV export (EXTF) for hand-off to the tax advisor is in preparation.
Let's calculate your saving.
In a short demo we show myFactory posting for your scenario and estimate how much time you save.