Why Yokoy?

One key reason why our customers love Yokoy is the inhouse research lab that has been developing self-learning Artificial Intelligence models, which continuously improve accuracy and performance of the tool. Yokoy stands for “continuous innovation”.

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DEVELOPED IN THE YOKOY IN-HOUSE AI RESEARCH LAB

Applied Machine Learning

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.

Image Processing

Yokoy calculates the curvature and quality of the receipt image and enhances them with inhouse-built models in less than half a second.

Text and number extraction

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.

Information extraction

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 outcome

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.

AUTOMATED EXPENSE AND BUSINESS CARD MANAGEMENT SOLUTION

Simple. Secure. Integrated.

Customizable & Integratable

Customize workflows, policies and more, while integrating your favorite tools.

Active fraud prevention

The Yokoy artificial intelligence module actively recognizes fraud pattern and flags them as such.

Audit-proof

Modern audit protocols ensure compliance with local auditing standards in Switzerland, Austria, Germany, the US and many more.

On-the-go and real-time

Submit anywhere, anytime from your mobile phone or web app. It even works offline.

Automated VAT-read out

Yokoy recognizes VAT, validates it and automatically prepares the booking journal for the correct booking and VAT reclaim.

Trips & Auto lump sum calculation

Lump-sums are automatically calculated based on your internal guidelines.

Auto-reconciliation of card transactions

We directly feed in your card transactions, match them with the receipts and do the reconciliation work for you.

AI scanning

Auto-creation of your entire expense report based on AI
 receipt scanning.

Auto-approval

All expenses are validated by the Yokoy-AI-engine in order for you to only check special cases manually. The rest is fully automated!

Assistant function

With the assistant functionality, you can upload, edit and submit expenses on behalf of your manager(s) anytime and anywhere.

Delegate and deputy

Easily assign delegates and deputies to work on tasks on behalf of you.

Data insights

Create spending reports and analysis dashboards to have the overview you always wanted.

Save money while
increasing employee satisfaction

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.

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Benefit from a fast implementation

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.

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Trusted the
world over

All these customers are already using Yokoy.
When do you join the club?

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TRUSTED BY WORLD-RENOWNED BRANDS

Why our customers love us

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.

Tania Thiebach
CFO
Sherpany

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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.

Herbert Sablotny
CFO
Beekeeper

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We were impressed by Expense Robot’s ease of use and seamless integration with our credit card provider.

Ebru Arican
Head of Group Controlling & Accounting
Ameropa AG

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What are you waiting for?

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