Attelas automates finance operations by integrating directly with accounting systems to manage tasks such as invoice chasing and transaction posting directly from email. This technology reduces the time finance teams spend on email by over 50%, allowing them to focus on higher-value analytical work while ensuring consistent policy compliance and minimizing errors.
Funding
Funding not disclosed
Founders
Product
Problem
Finance teams spend a significant portion of their time managing financial operations through email, leading to inefficiencies, potential errors, and difficulties in enforcing consistent policies. This reliance on email for tasks like invoice chasing and transaction posting distracts from higher-value analytical work.
Solution
Attelas provides AI-powered automation for finance operations by integrating directly with existing accounting systems and email inboxes. The platform automates tasks such as chasing invoices, posting transactions, and actioning requests directly from email, significantly reducing the time finance teams spend on manual email-based processes. By applying intelligent policies and AI-assisted postings, Attelas ensures consistent accuracy, reduces errors, and drives efficiencies in accounts receivable and accounts payable processes. The system also includes features for fraud prevention, flagging suspicious links and duplicate invoices, and facilitates supplier onboarding by allowing direct document uploads.
Target Audience
Attelas targets finance and procurement teams, internal and external audit departments, and compliance and risk officers within organizations of all sizes.
Features
- Automated invoice chasing with personalized email drafts based on ERP insights
- AI-assisted posting suggestions for fixed asset additions, prepayments, accruals, and cost categorization
- Intelligent policy enforcement for expenses and procurement to drive down spend
- Fraud prevention through automatic checks of email senders and false links
- Shared mailbox functionality for finance team collaboration
- Supplier onboarding portal for direct document uploads (insurance, certifications, etc.)
- Integration with existing accounting systems (both cloud and on-premise)
- Workflow manager for task assignment and knowledge sharing across teams