Fintech
AI Solution · Finance, Administration, and ProcurementFintech

Invoices and delivery notes, reconciled on their own

Smart Invoice processes incoming supplier delivery notes and invoices, automatically reconciles them against the original order, and gives you real control of cash flow, with no spreadsheets and no line-by-line manual review.

Zero manual reconciliation
between invoice and delivery note
Cash flow
visible and under control
Suppliers
processed automatically
The Challenge · The administration bottleneck

Reconciling invoices by hand is slow and error-prone

Every supplier invoice has to be cross-checked manually against the delivery note and the original order, and any discrepancy surfaces late, once it already affects payment or cash flow.

📄

Line-by-line manual reconciliation

The administration team checks every invoice against the delivery note by hand, a slow and repetitive process.

⚠️

Discrepancies that go unnoticed

Differences in price, quantity, or terms are spotted late, or not at all.

💵

Limited cash flow visibility

Without an automated process, it's hard to keep a clear, up-to-date view of payment obligations.

The Solution

Automatic reconciliation, end to end

It processes every incoming delivery note and invoice, reconciles them automatically against the original order, and keeps an up-to-date view of the company's cash flow.

📥

Automatic document processing

Reads supplier delivery notes and invoices in any format, extracting the relevant data.

🔗

Reconciliation against the order

Automatically cross-checks the document received against the original purchase order, line by line.

🚩

Discrepancy detection

Identifies differences in price, quantity, or terms and flags them before payment is approved.

📊

Cash flow control

Keeps an up-to-date view of outstanding payment obligations and their impact on treasury.

How It Works · The value, step by step

From document received to controlled payment

The solution processes every document and a human only steps in when there's a real discrepancy.

Invoice/delivery note receivedExtract dataReconcile with orderDetect discrepanciesApprove or alertUpdate cash flow
1
Receives the supplier's invoice or delivery noteIn any common format, by email or from the supplier portal.
2
Extracts the relevant dataIdentifies supplier, amounts, quantities, and terms from the document received.
3
Reconciles against the original orderCross-checks each line of the document with the corresponding purchase order in the ERP.
4
Detects discrepancies if there are anyFlags differences in price, quantity, or terms for review before payment is approved.
5
Approves or escalates the issueIf everything reconciles, it approves the document; if there's a discrepancy, it escalates to administration with the detail.
6
Updates cash flowRecords the payment obligation and keeps the treasury view always current.
Integration

Connects with what you already use, frictionlessly

It connects to your ERP and to the channels where your suppliers' invoices arrive.

Input

Suppliers and ERP

Receives supplier invoices and delivery notes, and looks up the original purchase order in the ERP.

Grovium Solution

Smart Invoice

Extracts data, reconciles against the order, and detects discrepancies automatically.

Output

Finance and treasury

Updates cash flow and escalates to administration the issues that need human review.

Human oversight available at every critical step: the solution proposes, your team decides when it's needed.

Use Cases · The Business Value

Where it saves the most admin time

Companies with a high volume of suppliers

Automates the reconciliation of hundreds of monthly invoices without growing the administration team.

Recurring purchasing and replenishment

Reconciles frequent orders automatically, freeing time for supplier negotiation.

Finance focused on treasury

Gives real-time visibility of payment obligations for better cash flow management.

Problem → Solution

A distribution company with an overwhelmed back office

A real example of the kind of situation this solution solves.

Before · the problem

The administration team spent more than two days a week manually reconciling invoices from over 40 different suppliers, and several price discrepancies went unnoticed until the monthly close.

Every invoice was compared by hand against the delivery note and the original order in a spreadsheet. With the monthly supplier volume, it was impossible to review each line in the necessary detail, and some billing errors only surfaced when balancing the books at month end.

After · with the solution

Smart Invoice automatically reconciles every invoice against the original order as soon as it arrives, and immediately flags any price or quantity discrepancy.

The administration team stops reviewing every line by hand. The solution processes the document, reconciles it against the ERP, and only escalates cases with a real difference to a person, with the exact detail of the discrepancy already identified.

Stop reconciling invoices by hand

We'll show you how Smart Invoice reconciles your supplier invoices automatically.