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Snowfox

AI invoice coding and approval automation for accounts payable teams, integrated with SAP, Basware and NetSuite

Helsinki, FinlandFounded 2018snowfox.aiWebsite technologies

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Highlights

  • New on EvolcAdded 2026-10-28

About Snowfox

Snowfox AI builds AI software that automates accounts payable invoice processing. The product predicts coding dimensions such as GL accounts and cost centres, suggests approvers and routing, and proposes booking dates. Its extraction engine reads XML, PDF and scanned invoices without templates. It connects to existing ERP and AP systems through an API or SFTP.

Customers are finance teams, including CFOs, heads of accounts payable and finance transformation leads. Named customers on the site include Cramo, ISS and Renta Group, and it describes a partnership with OpusCapita. Pricing is subscription-based by annual invoice volume, with Basic, Pro and Enterprise tiers listed at €3,000, €5,000 and €10,000 per month.

Snowfox was founded in 2018 in Helsinki, Finland, and started as an internal project at Braverdo Group, a Finnish provider of B2B and public sector services. It has offices in Helsinki and Stockholm. The company states that its AI can automate up to 90% of invoice coding.

Product: AI-based accounts payable automation that predicts invoice coding, approvers and booking dates, with ERP integration via API or SFTP.

Public tenders won

3 tenders won since 1 Jan 2024 from 3 public buyers in Finland, worth €5.7M as awarded. From EU award notices (TED) that name Snowfox by its registry number.

  • 17 Apr 2026 Meidän IT ja talous Oy · Jälki-ilmoitus: Tekoälypalvelu ostolaskujen käsittelyyn · €1.6M notice
  • 12 Feb 2026 Valtion talous- ja henkilöstöhallinnon palvelukeskus · Ostolaskujen tiliöintiratkaisu tekoälyä hyödyntäen (Al-tiliöintipalvelu) · €912k notice
  • 3 Dec 2024 Numera Palvelut Oy · Ostolaskujen kierrätyksen ja tiliöinnin tekoälypalvelu · €3.2M notice

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