myiq.ai
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Smarter AI, Better ROI

myiq.ai reduces AP invoice processing spends by up to 60% with AI and automation.
myiq.ai offers AI-powered AP invoice automation, reducing costs by up to 60% and eliminating errors for more efficient, accurate processing.

About the product

Main idea

AI plays a crucial role in myiq.ai by using OCR and machine learning to instantly capture and code invoices. Additionally, AI independently validates the captured data against existing records, reducing manual errors and enhancing accuracy.

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Details

myiq.ai optimizes Accounts Payable (AP) automation by capturing and processing invoices through AI-based OCR technology. It sets up workflows for approvals, validates data against pre-existing purchase orders and receipts, and accelerates the entire approval process.

Furthermore, myiq.ai generates accurate accrual entries to simplify month-end closing, supports multiple entities, and provides real-time reports for informed decision-making. This comprehensive suite of features not only reduces manual workload but also enhances financial performance and visibility.

Key features

  • AI-based OCR: Instantly captures and codes invoices, reducing human error and manual data entry.
  • Automatic Data Validation: Validates invoices against purchase orders and receipts using advanced matching algorithms to ensure data accuracy.
  • Streamlined Approvals: Sets up workflows to route invoices for approval based on custom rules.
  • Accrual Automation: Automates month-end closing processes by generating accurate accrual entries.
  • Manage Multiple Entities: Allows users to add and manage multiple affiliated entities and assign granular user roles.
  • Real-time Reporting: Provides access to real-time reports to identify trends and make data-driven decisions.

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Test the skills on real cases

Potis works on automated behavioral interviews.
Candidates will be asked to give examples of how they handled situations in a real case.

Scenario environment

You are a Project Manager at Experlogix, a global software company specializing in Configure Price Quote (CPQ) solutions. You are currently leading a team of solution consultants, architects, team leads, and support team members. The company has recently acquired a new client in the life sciences industry who wants to implement the CPQ software for their complex configurable products and services. The project will involve both a waterfall-based discovery and solution design phase, followed by Agile-based modelling sprints. The client has high expectations for a seamless implementation and expects the project to be delivered within a specific timeframe and budget.

Role specificity

As the Project Manager, you are responsible for leading the project team and ensuring the successful delivery of the CPQ implementation. You have the authority to make decisions regarding project planning, resource allocation, and stakeholder management. You will work closely with solution consultants, architects, team leads, and support team members to define and develop appropriate solutions while managing expectations to deliver an incredible customer experience.",

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Add a job description and the required skills, the service will automatically generate interview questions and create a case.

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Unlike online-tests, it’s impossible to prepare for behavioral case structured interview.
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Clear & bias free talent scoring

Get useful information about every candidate: by hard/ soft skills, strengths and weaknesses.

01. Technical Skills:

  • Software development methodologies (e.g., Agile, Scrum, Waterfall)
  • Programming languages, databases, and other relevant technologies
  • Software testing and quality assurance
  • Software architecture and system design

02. Strengths:

  • Lead and communicate: clearly define goals, motivate teams, and resolve issues.
  • Plan and organize: keep projects on track, manage resources, and meet deadlines.
  • Solve and adapt: troubleshoot problems, manage risks, and adjust to change.

03. Weaknesses:

  • Limited technical depth: difficulty with complex technical issues or developer communication.
  • Micromanaging tendencies: stifles creativity and reduces morale.
  • Scope creep and conflict: challenges managing changing priorities and resolving disagreements.