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Yokoy invests in their dedicated AI-team composed of Mathematicians and Physicists from ETH to continuously develop the Artificial Intelligence model further. The AI-based automation of the finance backend processes allows companies to save >90% of time spent on recording and processing expenses and actively includes fraud prevention in the process.
Yokoy calculates the curvature and quality of the receipt image and enhances them with inhouse-built models in less than half a second.
AI-based OCR is then converting the enhanced image into machine-encoded text and builds words and numbers on that basis in less than one second.
Only one second later, the Yokoy-AI-engine extracts information from the words and numbers and validates over 300 data points in one single receipt.
The information is subsequently used to check relevant policies, calculate fraud potential and much more.
Yokoy uses a self-learning model that enhances the accuracy with every additional expense.
Customize workflows, policies and more, while integrating your favorite tools.
The Yokoy artificial intelligence module actively recognizes fraud pattern and flags them as such.
Modern audit protocols ensure compliance with local auditing standards in Switzerland, Austria, Germany, the US and many more.
Submit anywhere, anytime from your mobile phone or web app. It even works offline.
Yokoy recognizes VAT, validates it and automatically prepares the booking journal for the correct booking and VAT reclaim.
Lump-sums are automatically calculated based on your internal guidelines.
We directly feed in your card transactions, match them with the receipts and do the reconciliation work for you.
Auto-creation of your entire expense report based on AI receipt scanning.
All expenses are validated by the Yokoy-AI-engine in order for you to only check special cases manually. The rest is fully automated!
With the assistant functionality, you can upload, edit and submit expenses on behalf of your manager(s) anytime and anywhere.
Easily assign delegates and deputies to work on tasks on behalf of you.
Create spending reports and analysis dashboards to have the overview you always wanted.
Let’s be honest. No-one loves doing repetitive tasks like submitting expenses or matching credit card transactions with receipts.
Our customers save more than 20 hours of manual work per year per expense user with Yokoy. This results in roughly 1’000 CHF cost savings per expense user per year through automation of the expense process alone. Saving time and money while increasing employee happiness and actively preventing fraud is the true benefit of Yokoy.
Contact us — we’ll create a business case tailored to you.
Stop wasting money on long and costly implementation projects with external consultants. We guarantee a fast implementation due to state-of-the-art cloud-infrastructure.
Thanks to all our established connectors we can provide you with the end-to-end automation you were always looking for.
All these customers are already using Yokoy.
When do you join the club?
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In the past, our expense process was mostly manual and took a lot of time. We used spreadsheets and tried other expense tools but we weren't happy. Thanks to Yokoy, we have now standardized and streamlined the processes. The Artificial Intelligence magic is truly doing most of the work, which saves us time and adds additional security from the fraud-detection side, which we didn’t have before. The entire company loves the tool.
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We had an aha-moment when we realized that with Yokoy it only takes a few seconds to create a report compared to the many hours in the past.
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We were impressed by Expense Robot’s ease of use and seamless integration with our credit card provider.
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