Every line coded on arrival, not corrected later.
GL, cost centre, project, entity and site assigned the day the invoice arrives. Budget against actual during the month, with the source document behind every figure.
Every line, fully coded
GL account, cost centre, cost object or project, entity and site or unit, all assigned at arrival. One invoice splits across as many combinations as it needs.
Budget against actual while the month is open
Budget against actual on current data rather than on closed postings. A variance is visible while there is still something to do about it.
Split shared costs automatically
Central contracts for software, insurance, energy and rent are split across entities and sites by a rule you set once, with the basis visible on every line.
Price movement by supplier
Lines are compared against contract terms and previous postings. Price drift shows up on arrival rather than at margin review.
Every decision is visible, and every decision is yours.
Proprietary AI confidence score per line
Visible on every coded line.
Human review below the threshold
Low confidence goes to a person before posting.
Reason stored per decision
Including which rule or posting pattern produced the coding.
Rules you write
Per company and per vendor, not a black box default.
Full audit trail
From receipt to posting, with the document attached.
Your ERP stays the source of truth
Quid posts into it.
The result
Invoice volume handled by the same two person team.
Posted automatically. The rest arrive as exceptions with a reason attached.
From first connection to running on live invoices.
Share of finance team time spent on AP, before and after.
Questions
Can one invoice be split across cost centres, projects and entities?
Yes, per line, with no manual split afterwards.
How are central contracts split across entities and sites?
As rules. You define the basis once per contract or vendor, and each month’s invoice is split the same way, with the split visible.
Does this work alongside DATEV KOST1 and KOST2?
Yes. Quid carries the full dimension set and posts what your ledger expects.
Where does the coding logic come from?
Your historical postings plus the rules you write. Nothing is applied that you did not approve or correct into place.
Can I get budget against actual without building another report?
Coded lines carry the dimensions, so the comparison runs on live data rather than on an export.
Does it cover revenue as well?
Quid connects to your sources on both payables and receivables, which is what makes contribution margin by project or site workable.
Coding that happens once, correctly.
A 30 minute call on how Quid fits your entity structure and existing stack.
Book a demo