Create an expense report in just 3 seconds! Instead of collecting receipts and filling out Excel spreadsheets, your team simply has to photograph the receipt and Yokoy does the rest.
The entire process from taking a photo of the receipt or invoice to booking it correctly into the ERP system (including VAT) and paying it out to employees is done within seconds using artificial intelligence. You and your finance team only have to deal with special cases.
Unlike other tools, Yokoy automates the processes for everyone: employees, supervisors, project managers and the finance team.
Based on all your receipts, supplier invoices and actions, the Yokoy tool learns and is able to automatically fill out expense forms and invoices including VAT for you.
Yokoy finds outliers, rule violations and potential fraudulent cases and sends them for manual review. The rest - from submission to exporting to your accounting system - is fully automated.
Yokoy is the only expense management tool that allows you to map your individual company-specific process flow without a team of developers to code and maintain it for you.
Robust integrations are key to automating the data flow between different tools. Yokoy integrates with all major third-party tools and also provides the free "OpenAPI" platform to all partners and customers.
Yokoy calculates the curvature and quality of the receipt image and enhances them with inhouse-built models in less than half a second.Learn more about Machine Learning →
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.Learn more about Machine Learning →
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.Learn more about Machine Learning →
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.
We looked into different expense management tools and were impressed by Yokoy's ease of use and seamless integration with our credit card provider. The integration into our finance system to ensure an automated end-to-end process was also an important deciding factor.
Artificial Intelligence takes care of most of your work. You only check special cases manually.
Yokoy prepares the correct accounting journals for you and automatically exports them to your Finance system.
Automatically match receipts with transactions, set limits for individual teams and employees, get notified of unusual expenses & keep track of all business expenses in real-time.
Customize workflows, policies and more, while integrating all your favorite tools.
The Yokoy artificial intelligence module actively recognizes fraud patterns and flags them as such.
Modern audit protocols ensure compliance with local auditing standards in Switzerland, Austria, Germany, the US and many more.
Submit expenses directly on your mobile phone or web app - anywhere, anytime - even 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.
Yokoy directly feeds in your card transactions, matches them with the receipts and does the reconciliation work for you.
Automated spend reporting and real-time policy checking, thanks to cutting-edge AI technology.
All expenses are reviewed and validated by the Yokoy AI engine, so that you only need to look at special cases manually.
Manage expenses on behalf of your manager(s) or delegate tasks and assign deputies on behalf of you.
Data encryption and protection are key aspects of Yokoy, including GDPR compliance, permission-based access policies and Single Sign On (SSO) using the SAML/OAuth standard.
Create spending reports and analysis dashboards to have the overview you always wanted.