W

Workist

www.workist.com link_icon

Company Research Report: Workist



Company Overview



  • Name: Workist

  • Mission of the company: Workist aims to free individuals from routine, repetitive tasks by transforming document processing through advanced automation. The company focuses on improving efficiency and accuracy in B2B transactions by automating the manual processing of business documents.


  • Founded: No information is available

  • Founders: No information is available

  • Key People:

  • Tim Wegner: Co-founder and CEO

  • Headquarters: Linienstraße 126, 10115 Berlin, Germany

  • Number of Employees: No information is available

  • Revenue: No information is available

  • Known For: Workist is known for its AI-driven document processing software that streamlines order capturing, confirmations, and invoicing by integrating seamlessly into any system landscape.


Products



Workist offers specialized AI solutions designed to automate various aspects of document handling:

1. Order Capture:
  • Description: This solution automates the manual processing of incoming sales orders to improve speed and accuracy.

  • Key Features:

  • Automates entire order capture processes, reducing human intervention.

  • Validates data against master records for accuracy.


2. Order Confirmations:
  • Description: Automates the processing of order confirmations, freeing up valuable time in purchasing departments.

  • Key Features:

  • Speeds up processing and reduces error rates.

  • Automates administrative tasks to enhance efficiency.


3. Invoices:
  • Description: Enables the reliable and rapid processing of invoices to improve efficiency in procurement.

  • Key Features:

  • Reduces processing time significantly.

  • Minimizes manual work associated with invoicing.


Recent Developments



  • Recent Developments:

  • Workist has been recognized for its innovative approach and has received attention from notable publications such as "Wirtschaftswoche," designating it the "Startup of the Week."

  • The company continues to make significant strides in its mission by forming strategic alliances and developing its technology to stay ahead of B2B transaction needs.


  • New Products Launched: No information is available


  • New Features Added:

  • The company is continuously improving its core AI technology, "WorKI," which is capable of learning from user inputs and adapting to various document layouts and languages, further enhancing its intuitive document understanding capabilities.


  • New Partnerships:

  • Collaborations with companies like Encompass Technologies, LIT, and iN|ES enhance Workist's product capabilities and expand its offerings in ERP and CRM solutions.


Note: Some information like the company's specific revenue, founding date, and number of employees is not available. For precise details on financials, employee count, and historical founding information, accessing annual reports or contacting the company might be necessary.