
03-04-2025
News
Hungary
Process Solutions , PS APPS, PS Account Payables Processing Solutions, invoice processing, touchless accounting, AP automation, digital transformation, digital accounting, accounting transformation, CEE Business Services Summit, accounting automation, artificial intelligence, GenAI, Professional Life at PS
(1) CEE Business Services Summit & Awards
(2) PS APPS
Message to the Market: AI = Investment and Strategy
The AI presentations of this summit attracted significant interest as they effectively demonstrated that artificial intelligence (AI) and machine learning are not just theoretical possibilities, but functional, value-generating business tools – when supported by the right professional expertise and investment.
One of the core messages was that GenAI and related systems are not “plug-and-play” solutions. Proof of Concept (PoC) models can often be misleading – true value is only realized through long-term, targeted development and deep professional knowledge.
The PS approach perfectly aligned with the conference’s overarching narrative: AI can only be successful when it solves real business problems, and when it is implemented strategically and integrally, not as a goal in itself.
PS Account Payables Processing Solution (PS APPS): Tangible Technology, Real Results
The PS presentation focused on an automated invoice processing and structured data extraction solution for the accounts payable (AP) area. The team is working on this solution-as-a-service for over 2 years now, delivering a continuously enhanced, end-to-end solution for vendor invoice processing, from capture to booking. PS boasted 100% accuracy, which is only possible since our approach is not using AI as THE solution, but as a PART OF the solution.
PS APPS – The Future of Accounting, Today
The mission of PS APPS is clear: eliminate unnecessary complexity, accelerate invoice processing, and maximize accuracy and transparency. Key advantages of the system include:
- Fully automated, error-free invoice management, functioning like “an entire accounting department in your pocket”.
- The PS APPS Brain, the intelligent core of the system, operates using logic predefined by experienced accountants – enabling 100% accuracy, in half the time, at half the cost.
- End-to-end processing, covering every step from invoice capture to approval, coding, and posting.
- Real-time cash flow reports and ERP integration via APIs, compatible with any system.
- Automatic recognition of GL, VAT, and other accounting categories, reliably and tirelessly.
- Modular and rapidly customizable, making it an ideal solution for both small and large enterprises.
What makes PS APPS truly unique is that it was created by accountants and developers working hand-in-hand – experts who genuinely “speak the language of accounting.” As a result, the system is not just a technological feat but a truly usable, understandable, and effective tool, allowing accountants and our clients to let go of manual burdens while maintaining full control over outcomes.
Other Key Focus Areas of the Conference
The conference also explored several other important themes:
- The role of AI in business transformation
- The importance of upskilling and internal talent management
- The necessity of leadership by example in driving successful change
- The strategic diversification imperative of the CEE region to maintain global competitiveness
Conclusion
The CEE Business Services Summit 2025 confirmed once again that innovation, strategy, and regional collaboration are key drivers of sustainable success in business services. Through the launch of PS APPS, Process Solutions hopefully not only demonstrated its technological edge but also its deep understanding of real business needs – laying the groundwork for a future where accounting is smarter, faster, and more human-centric.