Logo of Nooxit

Nooxit

Website

Last updated on

Company health

Employee growth
20% increase in the last year
Web traffic
44% decrease in the last quarter

Ratings

G2
3.5/5
(1)

Nooxit description

Nooxit is a German software company that offers cloud-based accounts payable automation. Its software uses artificial intelligence (AI) to read invoices, extract key data, check for errors, and prepare them for posting in your accounting system. Nooxit integrates with major ERP systems and promises to significantly reduce time and costs associated with invoice processing.


Who is Nooxit best for

Nooxit is a cloud-based accounts payable automation software that uses AI to streamline invoice processing. It automates data extraction, error checking, and accounting suggestions, integrating with major ERP systems. Nooxit helps businesses reduce time and costs associated with manual invoice processing, particularly those with high invoice volumes.

  • Best fit for medium to large businesses (100+ employees).

  • Ideal for businesses in finance, banking, and insurance.


Nooxit features

Supported

Nooxit uses AI to automate invoice processing, reducing manual work.

Supported

Nooxit automatically extracts key data from invoices using OCR.

Supported

Nooxit automatically checks invoices for compliance with § 14 of the German VAT Act.

Supported

Nooxit suggests appropriate G/L accounts, cost centers, and VAT codes.

Supported

Nooxit uses AI to predict and assign LZB indicators for foreign payments.

Supported

Nooxit integrates with major ERP systems like SAP, QuickBooks, Xero, Sage, and Microsoft Dynamics 365 Business Central.


Nooxit alternatives

  • Logo of DOKKA
    DOKKA
    AI accounting automation: fast invoices, streamlined approvals, easy integration.
    Read more
  • Logo of Global PayEX
    Global PayEX
    Automates and streamlines accounts payable and receivable processes.
    Read more
  • Logo of Yooz
    Yooz
    Automated invoice processing. Saves time and money. Cloud-based.
    Read more
  • Logo of Xelix
    Xelix
    AI-powered accounts payable control, preventing fraud and saving money.
    Read more
  • Logo of DocuPhase
    DocuPhase
    Automated invoice processing and payment for streamlined accounting.
    Read more
  • Logo of Vic.ai
    Vic.ai
    Autonomous invoice processing. No data entry. Fewer errors.
    Read more

Nooxit FAQ

  • What is Nooxit and what does Nooxit do?

    Nooxit is a cloud-based accounts payable automation software using AI. It automates invoice processing, data extraction, error checking, and accounting suggestions, integrating with major ERP systems. This reduces processing time and costs for businesses of all sizes.

  • How does Nooxit integrate with other tools?

    Nooxit integrates with major ERP systems such as SAP, QuickBooks, Xero, Sage, and Microsoft Dynamics 365 Business Central, enabling seamless data transfer and automation of invoice processing within existing accounting workflows.

  • What the main competitors of Nooxit?

    Top alternatives to Nooxit include Yooz, a cloud-based AP automation software, Corpay One, a spend management platform for US businesses, and Payhawk, an all-in-one finance platform for larger companies. Other competitors include Beiing Human, Xelix, and Xero.

  • Is Nooxit legit?

    Nooxit appears legitimate, offering AI-powered accounts payable automation and integrating with major ERP systems. Their website traffic and employee growth suggest increasing popularity. However, user reviews and ratings are currently unavailable to confirm its efficacy.

  • How much does Nooxit cost?

    I couldn't find pricing details for Nooxit. For the most current pricing information, it is recommended to visit their website or contact their sales team.

  • Is Nooxit customer service good?

    There is no information available about Nooxit's customer service.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

NEW: Introducing Gralio Screen Buddy

An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.

For Individuals
Streamline your daily tasks, get helpful AI tips, and find the right tools for your workflow.
For Businesses
See how your team really works, uncover automation opportunities, and get software recommendations tailored to your processes.