Fitek: From Invoice Receipt to Accounting – Fully Automated
July 31, 2026 / 9:00 AM
Fitek is one of Europe’s leading providers of solutions for the digitalization, automation and electronic approval of financial processes. For more than 20 years, the company has been helping businesses reduce manual work, accelerate document workflows and approvals, and gain greater control over corporate spending.
The Fitek platform covers the entire process—from receiving invoices and other accounting documents through intelligent data capture and validation to approval, posting and digital archiving. The solution also includes purchase order management, employee expense management and other related financial processes.
Powered by artificial intelligence, Fitek can automatically suggest accounting data, account assignments and other information based on previously processed documents. The AI continuously learns from user corrections, helping further reduce manual work while minimizing the risk of errors.
A key feature of the platform is its flexible electronic approval workflow. Companies can configure approval rules based on the organization, department, cost center, project, document type or document value. Documents can be approved online or via a mobile application, allowing approvers to work from anywhere.
Fitek specializes in:
- Digitalization and automation of financial and accounting processes
- Intelligent document data extraction and account coding using OCR and AI
- Electronic approval of invoices, purchase orders and expenses
- Purchase order management and invoice matching
- Electronic invoicing
- Employee expense management and approval
- Integration with ERP and accounting systems
- Mobile document approval
- Digital archiving
- Implementation, consulting and long-term technical support
For manufacturing and industrial companies, Fitek also automates more complex processes such as multi-level approval workflows, purchase order processing, invoice line-item verification and the allocation of costs to specific cost centers and projects.
With Fitek, customers gain better visibility into documents, liabilities, expenses and approval status. As a result, finance teams can focus on controlling, planning and strategic activities instead of routine data entry and manual document processing.
Fitek is part of an international group headquartered in Estonia. Its solutions are used by more than 2,000 companies and approximately 40,000 users across eight European countries. The company provides local sales and technical support while helping customers prepare for the future of electronic invoicing.
Website: www.fitec.com
