STECH INNOVATIONS SL
A Business Services & Software startup included in the Barcelona & Catalonia Startup Hub
FINARO
Finaro develops an AI-powered accounts payable automation platform designed to streamline supplier invoice processing for manufacturing and distribution companies. Its software automatically collects invoices and delivery notes, extracts relevant information using artificial intelligence and reconciles documents against purchase orders through a configurable three-way matching engine. The platform identifies discrepancies, duplicate invoices and pricing inconsistencies, automatically transferring validated transactions to existing enterprise resource planning (ERP) systems while routing exceptions to the appropriate employees for review. With support for multiple legal entities, auditable approval workflows and usage-based pricing, Finaro helps organizations reduce manual administrative tasks, improve financial traceability and accelerate accounting processes without replacing their existing ERP infrastructure.
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