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AI native invoice processing, bookkeeping and close automation.
Best for lean teams at SMEs, startups and tax firms.

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Join hundreds of SMEs and firms already using Quid's AI platform

Quid saves us hours each week by posting invoices from email into DATEV in seconds, accurately categorized, with only exceptions flagged. It's now indispensable to our finance team.

Christopher Heberlein
Christopher Heberlein
CFO, GenesisCloud

DATEV can be a real time-sink for growing finance teams, but Nikhil and his team have helped us streamline our operations, reduce workload, and significantly increase transparency. Their customer-first mindset and flexibility in tailoring solutions have made a real difference for us at JINX.

Jan-Phillip Dreier
Jan-Phillip Dreier
CFO, Jinx Music

AI-native bookkeeping and accounting automation for today's needs

Pre-accounting with zero manual entry

AI analyzes historical ledger data to assign the correct GL Account, Cost Center, and Tax Code with human-level accuracy. It creates the vendor, books the invoice, and preps the data for your ledger automatically.

Synced to DATEV

Confidence: 99%
Vendor

SFDC Ireland Ltd (Salesforce)

Amount

€2,450.00

Cost Center

Sales Department

GL Account

3123

AI Reasoning

I recognized this vendor as SFDC Ireland Ltd (Salesforce) and analyzed your historical ledger data to determine the best booking logic.

GL Match: Based on your past transactions, I mapped this to Account 3123.

Tax Compliance: I validated the EU VAT ID is active (per § 14a) and applied the correct Reverse Charge (§ 13b) logic.

Cost Center: I've auto-assigned this to the 'Sales Department' to match your recurring patterns.

Automated German tax compliance

Trained on German tax legislation to identify valid invoices, verify USt-IdNr., and automatically split line items based on different MwSt-Sätzen. Supports all German VAT rates and ensures compliance with §§ 14, 14a UStG requirements for proper input tax deduction.

USt-IdNr. verified

USt-IdNr.: DE123456789

Bewirtungskosten (entertainment expenses) are subject to special recording obligations under § 4 Abs. 5 Nr. 2 EStG. The invoice fulfills all requirements of §§ 14, 14a UStG for the input tax deduction.

Document Intelligence that does more than OCR

Beyond basic data extraction, our AI understands the context of every invoice, validates authenticity, catches supplier errors, and detects fraudulent patterns before they reach your books.

Context Understanding

Knows what's being paid for, matches to POs and contracts

Duplicate Detection

Catches duplicate invoices across all systems and vendors

Error Detection

Surfaces calculation errors, wrong tax rates, and pricing issues

Fraud Detection

Identifies suspicious patterns and validates vendor authenticity

Approval workflows that reduce finance team admin time

AI-powered approval routing that eliminates bottlenecks and chasing. Set custom rules once, then let intelligent automation handle the rest through the tools your team already uses.

Sarah Chen
Engineering Lead
Approved

Multi-entity management made simple

Manage multiple legal entities, subsidiaries, and holding structures from a single platform. Automatic inter-company reconciliation, consolidated reporting, and entity-specific compliance rules ensure accuracy across your entire corporate structure.

Holding GmbH
3 entities
Operations GmbH
Services GmbH
Tech GmbH
Inter-company reconciliation: €0 variance

Works with platforms you already trust

NetSuite
DATEV
Lexware

Best in class security

Data Encryption

Data stored on European servers utilising AES-256 and SSL encryption

Model Confidentiality

Zero data retention policies with foundation model partners. Your data is not used to train AI models.

GDPR & Compliance Ready

GDPR, GoBD compliant with local data protection compliance built-in. Data residency in EU.

Frequently Asked Questions

Standard OCR (Optical Character Recognition) only extracts text from an image. Quid's AI Agents possess semantic understanding of accounting logic. While OCR might read "€500," Quid analyzes your historical ledger data to understand why that money was spent, predicts the correct GL account (e.g., SKR03/04), assigns cost centers based on user roles, and validates tax compliance without manual rules.

Yes. Quid utilizes context-aware machine learning. It analyzes your historical booking patterns to predict future transactions. For example, if you consistently book "Salesforce" to Account 3123 (Reverse Charge), Quid learns this pattern and applies it automatically to future invoices with a high confidence score, eliminating repetitive manual coding.

Yes. Quid specifically checks invoices against § 4 Abs. 5 Nr. 2 EStG requirements. The AI validates that mandatory data—such as the reason for the meal, attendees, and proper signature—is present. It then automatically flags the invoice for the correct "limited deductible" tax codes, ensuring your records are audit-proof.

Quid automatically detects cross-border invoices (e.g., SaaS from the US or EU). It validates the vendor's VAT ID via VIES and checks if the invoice meets § 14a UStG invoicing rules. If confirmed, Quid automatically applies the Reverse Charge (§ 13b) logic and maps it to the correct tax keys, preventing VAT calculation errors.

Yes. Quid ensures GoBD compliance by maintaining a complete, unalterable digital audit trail. Every action—from receipt upload and AI extraction to human approval and export—is logged. This ensures the "traceability and verifiability" required by German tax authorities.

Quid acts as an intelligent pre-accounting layer that sits in front of DATEV. We sync approved, fully coded booking data and document images directly to DATEV Unternehmen Online (DUO) via the official DATEV Connect interface. This ensures your tax advisor receives clean, booking-ready datasets without manual intervention.

Yes. Quid replaces slow email chains with interactive instant messaging. Approvers receive a notification in Slack or Teams with all necessary details (Vendor, Amount, GL Code). They can click "Approve" or "Reject" directly in the chat, and the status updates instantly in Quid and your finance system.

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Quid - AI Native Accounting Automation Platform

Quid is an AI-native accounting automation platform that reduces manual accounting work by 99%. The platform serves SMEs, startups, tax firms, and finance teams who need to automate bookkeeping, invoice processing, and financial close processes.

Category

Business Application - Accounting Software

AI-powered Financial Automation, Bookkeeping Automation, Invoice Processing

Target Audience

Core Features and Capabilities

Invoice Intelligence

Automated invoice capture from email (Gmail integration), OCR technology for data extraction, vendor authenticity validation, duplicate detection across systems, fraud pattern identification, and automatic vendor creation. Supports multi-format invoices including PDF, images, and scanned documents.

Pre-Accounting Automation

AI analyzes historical ledger data to automatically assign General Ledger (GL) accounts, cost centers, and tax codes with 99% accuracy. The system learns from past booking patterns and continuously improves through feedback loops. Eliminates manual data entry and ensures consistency in accounting treatments.

Bank Reconciliation

Intelligent matching of bank transactions with accounting entries. Connects to all major banks, handles complex reconciliation scenarios, identifies discrepancies, and automates the reconciliation workflow. Reduces month-end close time significantly.

Approval Workflows

Multi-level approval routing based on amount thresholds, departments, vendor types, or custom rules. Includes email notifications, mobile approvals, audit trails, and delegation capabilities. Ensures proper authorization controls and compliance.

AR Automation

Accounts receivable automation with payment tracking, automated reminder sequences, collection workflows, and DSO (Days Sales Outstanding) reduction. Improves cash flow management and reduces manual follow-up work.

System Integrations

German Tax Compliance Capabilities

Quid is specifically trained on German tax legislation including:

Common Use Cases

Technical Details

Web-based application (SaaS), accessible via modern web browsers

Pricing and Trial

Key Benefits

What Makes Quid Different

Support and Contact

Demo booking available via Calendly

Support available in English and German

Serving customers in Germany, EU, and US markets

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