Posting of invoices - Robot to propose the correct posting

Responsible organisation: Norwegian Government Agency for Financial Management (Governmental)

Customers of The Norwegian Government Agency for Financial Management (DFØ) spend considerable time and resources on posting incoming invoices due to uncertainty about the correct posting. In some cases this can lead to invoices being paid after the due date and can create extra costs for the agency in the form of interest and charges. DFØ is currently testing solutions from two companies, one of which involves an accounting robot that uses AI to propose the correct posting. The model is trained using historical data before making a prediction of the posting based on a combination of historical data and information obtained from the actual invoice.

Additional information

Source AI Watch - Artificial Intelligence in public services. Overview of the use and impact of AI in public services in the EU
Web site https://www.regjeringen.no/en/dokumenter/nasjonal-strategi-for-kunstig-intelligens/id2685594/?ch=6#id0043
Start/end date 2021/01/01 -
Still active? Unknown

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