Our core beliefs and values
Machine learning is here to stay
Automation and machine learning have taken greater hold, as mechanisms for putting critical data at the fingertips of decision makers have grown. Advancements in machine learning (ML) have enabled this growth of automation and business intelligence, and will continue to do so. The explosion of innovation will continue, and we want to help shape a part of this revolution.
Machine learning powers business intelligence
Business intelligence has always been a difficult and elusive journey for businesses, particularly as the amount of data, customer interactions, suppliers, and information has exploded. We’ve often felt that we’re swimming in data, but drowning for wisdom. Machine learning enables computers to explore and analyze data on their own, with the goal to create actionable information and power decisions.
We’re on team human
Despite our belief in the future of ML, we’re on Team Human. We don’t believe in replacing humanity from businesses and decision making, but rather in using ML to assist humans to make easier, more concise, and informed decisions. We believe in ML-Human assisted solutions, not in robots taking over. Our ML solutions provide your teams with clear, selected information to act upon.
Our global team is committed to help you
reduce invoice risk
Alex
Alex is our CTO and Machine Learning guru.
He has an extensive background as CTO, VP engineering, and technical director across numerous companies. He’s inquisitive, and - secretly - originally a business major.
Jamie
Jamie is our subject matter expert and focused on sales.
Jamie has broad experience in consulting, particularly in the financial sector, and has years of experience in designing and developing best practices for invoicing and payments processing.
Philip
Philp is all things UI, and in a pinch... UX.
Philip has designed UI interfaces and led front-end development for numerous start-ups, scale-ups, and even a few multi-nationals. He’s a fan of material design.... but only when he has to be.
Steve
Steve is our marketing and business development.
Steve’s driven biz dev for numerous companies, and helped lead a handful of M&A deals and exits. He’s a fan of customer-centric selling, and enjoys building relationships and partnerships with great customers and companies.
Great work needs an inspiration to thrive.
Our customers and projects
inspire our creativity
Our philosophy on
machine-learning and humanity
Our philosophy…
As machine learning (ML) evolves and becomes more prevalent in business, we believe that human-ML synergy is the key to driving productivity, growth, and evolution of ideas and creativity. ML shouldn’t be a tool used to threaten, or replace humanity, but rather ML is a tool that, when combined with humanity, has the ability to produce exponential results together.
Team Human has the ability to tolerate and even embrace ambiguity. The stuff that makes our thinking and behavior messy, confusing, or anomalous is both our greatest strength and our greatest defense against the deadening certainty of machine logic.
Yes, we’re living in a digital age, where definitive answers are ready at the click. Every question seems to be one web search away. But we are mistaken to emulate the certainty of our computers.
They are definitive because they have to be. Their job is to resolve questions, turn inputs into outputs, choose between one or zero. Even at extraordinary resolutions, the computer must decide if a pixel is here or there, if a color is this blue or that blue, if a note is this frequency or that one. There is no in-between state. No ambiguity is permitted.
But it’s precisely this ambiguity — and the ability to embrace it — that characterizes the collectively felt human experience. Does God exist? Do we have an innate purpose? Is love real? These are not simple yes-or-no questions.
Our approach…
PayCraft develop machine learning algorithms that assist humans in processing the immense amount of invoice data companies receive. Often, this is a monotonous and difficult task, and prone to boredom and error. By pre-processing the bulk of data, PayCraft does the tiring work first.
We analyse and flag the important anomalies, then pass only these suspicious invoices to humans to look into. Your team members gain more time, and put their energy where there’s greater value and productivity to everyone.
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PayCraft Powers Supplier Payments
Machine-learning tools that de-risk your supplier payments process, reduces fraud, ramps up your productivity and increases compliance.
We’re the input-to-output supplier payments automation company.
PayCraft Sydney
Level 8, 84 Pitt Street, Sydney NSW 2000, Australia
+61.2.8071.4150
PayCraft Sofia
Ul. Trakia #48, Sofia, Bulgaria
+359.889.808.044