CostTracker partners with Lucidtech AI to bring intelligent OCR to our clients

Business Procurement Software
/

Lucidtech AI is a technology company that builds intelligent automation solutions based on machine learning. Lucidtech AI specializes in intelligent OCR (Optical Character Recognition) to enable enterprises to automate document-centric business processes.

CostTracker is a user-friendly procurement software focusing on cost control for small and medium sized businesses worldwide. Typically used as an add-on to the companies’ cloud-based accounting systems.

 

We are excited to work together with CostTracker who has international footprint and high growth ambitions. We believe that adding our technology to their procurement software can drive automation to a whole new level”

– Stig Zerener Haugnæss – Co-Founder Lucidtech AI

 

Combining Lucidtech AI’s technology with CostTracker’s purchasing solution will further increase savings and cost control by providing customers with a fully automated invoice management system.

Lucidtech AI’s machine learning models with world leading accuracy will enable customers to automate their accounts payable process, saving users for valuable time and ensures great data quality and control.

Are you interested in hearing more about this cooperation you can contact us at support@costtracker.no (CostTracker) or hello@lucidtech.ai (Lucidtech)

 

About Lucidtech AI

Lucidtech AI is a technology company that builds intelligent automation solutions based on machine learning. Our solutions are used every day by enterprises to increase profit, minimize risk, and provide enhanced customer experience. Our mission is to help enterprises achieve more by using machine learning to drive automation.

 

About CostTracker

CostTracker is a cloud-based purchase order system optimized for cost control for small and medium sized companies. CostTracker can be used as a stand-alone or integrated with your accounting system and is used worldwide by companies who wants to digitize their procure-to-pay process.

previous post
5 Strategies to Improve Your Procurement Software
next post
Why you should reconsider using Excel for project controlling.

Related articles

/
Purchase order

10 Reasons for Using a Purchase Order Approval Software

Using software for purchase order (PO) approval, does not only save you tons of time but comes with additional...

January 8, 2024

post-link-arrow
/
Business

What is Committed Expenditure?

Every time you order something from a supplier, you make a commitment to pay something in the future, also...

September 10, 2023

post-link-arrow
/
Purchase order

What is a Purchase Order (PO)

A purchase order (often referred to as PO) is a legally binding document that is issued by a buyer...

September 8, 2023

post-link-arrow