Fast 50 Award 2020 Ranking #21

Employees:

180

Industry:

Saas Risk Management

Year established:

2013

Location:

3 locations

Michael Schooner

Director Finance - riskmethods

The goal for the company

  • Save time and costs
  • Digitize the accounting
  • Cooperation with the tax advisor is more efficient

The goal for Michael

  • Cooperation with the tax advisor is more efficient

"All invoices is now digitally recorded and can be accessed at any time via the document archive and clever search function."

The company

Riskmethods has long benefited from the enormous potential of artificial intelligence. Through digitalized supply chain management, the company identifies risks in the supply chain and implements effective measures to minimize risk. riskmethods supports its clients in proactively identifying risks in the supply chain, assessing the extent of damage and taking appropriate measures. Securing supply, maintaining compliance and protecting the brand - that's what riskmethods is your partner for!

The Challenge

Time and cost efficiency are not only important in supply chain management. The work in the own financial accounting is also a challenge for modern companies. Unclear approval processes that are only partially digitized, long ways of a invoice in the company and the need for transparent processes in the pre-accounting need a solution that is as simple as Riskmethods is for risk management. If you offer a product with modern technology such as artificial intelligence, you shouldn't have to organize your invoice approval with a shuttle folder. However, many clunky financial tools require complex implementation.

The result

CANDIS has transferred this principle of success to invoice approval. The cloud-based SaaS solution helps your company to make your invoice approval simple and efficient. The user interface is quickly understandable for every employee. With DATEV integration, it can be easily implemented into an existing set-up. Individual workflows, which also allow multi-level approvals, save your employees time. In addition, the automatic allocation of cost centres means that all data can be exported directly to DATEV when invoices are received after approval. The entire process is 100% digitalized and automated.

Recommendation to all SMEs

Make the transition to digital accounting easier for your employees

Requirements

  • Create capacity in the teams by saving time on invoice approval
  • Lean, automated processes
  • Smooth workflows through the interface to DATEV-company online

Success factors

  • Simple communication
  • Transparent and automated approvals
  • Real time and cost efficiency

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