Supplier prices can increase gradually without anyone noticing until they have already affected profitability. BilledOK helps prevent this by automatically analyzing supplier invoices and turning them into structured purchasing data. Users can upload documents or forward them by email, while AI extracts suppliers, articles, prices, quantities, and line items. E-invoices are supported, eliminating the need to manually transfer information into separate purchasing spreadsheets. BilledOK then makes price changes visible through historical data and supplier comparisons. Businesses can see which articles have become more expensive, identify suppliers that have increased their rates, and compare purchasing prices across vendors. Comparable alternatives can also be identified, while potential savings calculations show where action could make a difference. This gives business owners concrete information for supplier negotiations and helps stop creeping price increases from silently reducing margins.
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