Candis is a cloud-based software platform that automates the accounts payable process for small and medium-sized enterprises. Using artificial intelligence and OCR technology, Candis captures, processes, and routes invoices, automates approval workflows, and exports financial data to accounting systems. The platform centralizes document management, provides real-time dashboards, and supports multi-level approvals and collaboration. Candis also offers secure cloud archiving, customizable workflows, and seamless integration with existing financial systems, reducing manual effort, increasing accuracy, and ensuring compliance with regulatory standards.

Key Features

Automated Invoice Capture and Processing Uses AI and OCR to extract invoice data, including tax and cost centers, from emails or uploads.

• Reduces manual data entry and errors.
• Learns accounting processes for improved accuracy over time.

Approval Workflows and Collaboration Enables one-click, multi-level approvals and in-app commenting.

• Streamlines communication between requestors and approvers.
• Eliminates email-based approval chains.

Centralized Dashboard and Reporting Provides real-time insights into financial records and open liabilities.

• Customizable dashboards and audit trails for transparency.
• Exportable reports and data for further analysis.

Cloud Archiving and Compliance Stores documents in a GoBD-compliant, searchable cloud archive.

• Ensures secure, long-term document retention.
• Supports regulatory compliance and audit readiness.

Integration and Scalability Connects with accounting systems and third-party apps.

• Scales with business growth and transaction volume.
• Flexible packages based on invoice volume and user needs.

Benefits

Time and Cost Efficiency Automates repetitive tasks, freeing up resources for strategic work.

• Reduces manual labor and paperwork.
• Minimizes late fees and missed payments.

Improved Accuracy and Compliance Automated data entry and validation reduce errors.

• Ensures up-to-date compliance with financial regulations.

Enhanced Collaboration and Transparency Centralized access and real-time updates improve teamwork.

• Comprehensive audit trails support accountability.

Remote Accessibility and Flexibility Cloud-based platform supports remote work and mobile access.

• Customizable workflows adapt to unique business needs.