Through this strategic partnership, the two companies combine Rossum’s Intelligent Document Processing (IDP) capabilities with Qiado’s extensive experience in end-to-end SAP processes to provide European organizations with unprecedented levels of financial automation, efficiency and accuracy.
Rossum, an Intelligent Document Processing (IDP) vendor, announced on September 10, 2024, that it has joined forces with Qiado, a finance transformation expert and SAP partner. Thanks to this strategic partnership, Rossum and Qiado will combine an AI-powered document automation platform with SAP expertise to help organizations streamline their entire financial ecosystem.
David Jamieson, Global Alliances Director at Rossum, commented: “Qiado’s deep understanding of the finance and P2P functions, combined with their SAP and industry expertise, makes them an ideal partner for Rossum. Together, we will empower organizations to unlock the full potential of automation and drive significant improvements in business efficiency.”
Vincent Sommer, Head of Business Development at Qiado, explained: “The alliance with Rossum is groundbreaking and exciting for us. Together we will revolutionize how our clients optimize their Accounts Payable Process within SAP, bringing unparalleled efficiency, flexibility and data precision. Partnering, we will enable the manual efforts reduction by up to 90%, empowering clients to focus on their core business needs and unlocking new opportunities for growth.”
Last week, the IDP vendor announced the launch of its e-invoicing Germany plugin to help global enterprises seamlessly adapt to the upcoming e-invoicing mandate in Germany.
Based in London and Prague, Rossum is an Intelligent Document Processing (IDP) vendor offering Rossum Aurora, a transactional document automation platform based on its proprietary Transactional Large Language Model (T-LLM), which enables high accuracy and efficiency in document processing.
You can find the full press release here.
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