About CANDIS

CANDIS provides a cloud-based platform that automates the processing of incoming invoices using optical character recognition (OCR) and integrates with popular accounting systems like DATEV and SAP. This solution centralizes invoice management, reduces manual data entry errors, and streamlines approval workflows, enhancing efficiency for finance teams.

```xml <problem> Many companies still rely on manual processes for invoice management, leading to errors, delays, and inefficiencies in accounts payable. Data entry is time-consuming, approval workflows are cumbersome, and tracking invoices across different systems is challenging. </problem> <solution> Candis offers a cloud-based platform that automates invoice processing from receipt to export into accounting systems. The platform uses optical character recognition (OCR) to automatically extract data from incoming invoices, eliminating manual data entry. It streamlines approval workflows with customizable rules and notifications, and provides a centralized repository for all invoices and related documents. Candis integrates with popular accounting software like DATEV, SAP Business One, and Sage, ensuring seamless data transfer and reconciliation. </solution> <features> - Automatic invoice import via email and document upload - Data capture using OCR technology with automatic duplicate detection - Customizable approval workflows with delegation and absence management - Integrated contract management with deadline reminders - GoBD-certified archiving for invoices and receipts - Real-time expense management with Candis Visa corporate credit cards - Interfaces with DATEV, SAP Business One, Sage, and other accounting systems - Export options as XML, PDF, or CSV files - E-invoice processing (ZUGFeRD and XRechnung) </features> <target_audience> Candis targets finance teams in small to medium-sized businesses that are looking to automate their invoice processing and improve efficiency. </target_audience> <revenue_model> Candis operates on a subscription-based model with pricing tiers based on the number of invoices processed per month and the features included. </revenue_model> ```

What does CANDIS do?

Where is CANDIS located?

CANDIS is based in Berlin, Germany.

When was CANDIS founded?

CANDIS was founded in 2015.

How much funding has CANDIS raised?

CANDIS has raised 33750000.

Location

Berlin, Germany

Founded

2015

Funding

33750000

Employees

141 employees

Major Investors

Viola FinTech

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CANDIS

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Executive Summary

candis.io 7K+

Crunchbase

Founded 2015 – Berlin, Germany

Funding

Estimated Funding

$20M+

Major Investors

Viola FinTech

Team (100+)

No team information available.

Company Description

Problem

Many companies still rely on manual processes for invoice management, leading to errors, delays, and inefficiencies in accounts payable. Data entry is time-consuming, approval workflows are cumbersome, and tracking invoices across different systems is challenging.

Solution

Candis offers a cloud-based platform that automates invoice processing from receipt to export into accounting systems. The platform uses optical character recognition (OCR) to automatically extract data from incoming invoices, eliminating manual data entry. It streamlines approval workflows with customizable rules and notifications, and provides a centralized repository for all invoices and related documents. Candis integrates with popular accounting software like DATEV, SAP Business One, and Sage, ensuring seamless data transfer and reconciliation.

Features

Automatic invoice import via email and document upload

Data capture using OCR technology with automatic duplicate detection

Customizable approval workflows with delegation and absence management

Integrated contract management with deadline reminders

GoBD-certified archiving for invoices and receipts

Real-time expense management with Candis Visa corporate credit cards

Interfaces with DATEV, SAP Business One, Sage, and other accounting systems

Export options as XML, PDF, or CSV files

E-invoice processing (ZUGFeRD and XRechnung)

Target Audience

Candis targets finance teams in small to medium-sized businesses that are looking to automate their invoice processing and improve efficiency.

Revenue Model

Candis operates on a subscription-based model with pricing tiers based on the number of invoices processed per month and the features included.