Business Daily Media

The Times

.

Simple launches breakthrough AI platform delivering real-time, invoice-based CO₂e data for businesses and institutions

VIENNA/ GOTHENBURG / OSAKA - News Aktuell - 6 November 2025 - The Swedish-Austrian technology company Simple (www.itssimple.com) has launched a breakthrough AI platform that automatically reads and extracts data from invoices, quotes, and delivery notes to calculate precise CO₂e emissions in real time.

Built on verified Life Cycle Assessment (LCA) data, Simple transforms routine business documents into accurate, audit-ready Scope-3 insights – instantly, automatically, and at a fraction of today's cost.

Instant CO₂e data – directly from operational documents

The platform's AI reads invoices or supplier quotes, identifies materials, products and services, and instantly matches them with scientific emission factors. This enables item-level CO₂e figures to be generated activity-based, automatically and continuously – without manual input, estimation models or consulting projects. Results appear within minutes and are priced at just cents per bill, eliminating economic barriers to accurate Scope-3 accounting.

"Companies and institutions finally have access to CO₂e data that is both reliable and immediate," said Mattias Brodendal, founder of Simple. "Our AI makes it possible to see the true climate impact of every purchase, project or planned supplier decision – as soon as the invoice or quote arrives."

Powerful advantages for Scope-3 management

Scope-3 emissions, indirect greenhouse gas (GHG) emissions from a company's value chain, can account for up to 90 per cent of the carbon footprint, yet they have long been complex and expensive to measure. Simple automates this process end-to-end:

  • Automatic extraction of activity data from invoices, quotes, or delivery notes
  • Scientific accuracy through integration with robust Life Cycle Assessment datasets
  • Real-time, audit-ready results available via uploads, batch processing or APIs
  • Low-cost pricing, with pay-per-bill rates in the low-cent range
  • Seamless ERP integration, enabling immediate implementation and scaling
"For management and procurement teams, Simple enables truly data-driven decision-making in practice," said Andreas Wiesmueller, co-founder of Simple. "You can compare suppliers, optimise sourcing and report Scope-3 emissions – all with the same reliable dataset."

Pilot projects with clients confirm data precision, efficiency, and cost savings

Companies testing the platform have reported significant time savings and more precise climate intelligence. Scanfast, one of the early users, turned complex procurement data into actionable insights: "Simple has given us a level of precision that was previously impossible," said Henrik Kleveros, CDO of Scanfast. "It automates what used to take weeks, ensures accuracy, and gives us immediate visibility into our sustainability data."

Ready to deploy

Simple is now available for businesses of all sizes as well as public institutions. Integrations with major ERP systems are already available, allowing organisations to deploy the platform quickly and start receiving high-quality emissions data within days.Hashtag: #SimpleAI

The issuer is solely responsible for the content of this announcement.

About Simple AI

Simple determines CO₂e emissions in real time by analysing invoices, quotes and delivery notes through advanced AI and verified Life Cycle Assessment data. The result: fully automated, highly accurate Scope-3 insights that enable sustainable decision-making, supplier comparisons and credible reporting in real-time.

Press photos and further info:

News from Asia

SIM GE Prepares Graduates for Singapore’s Evolving Workforce

SINGAPORE - Media OutReach Newswire - 24 June 2026 – In a labour market shaped by rapid industry transformation and evolving skills demands, the link between higher education and employment outcom...

The Energy Rises at Galaxy Macau for a Playful Summer of Aquatic Sports & Showmanship

The award-winning leader in integrated resort experiences unveils an electrifying summer line-up that brings together technology, entertainment, and immersive fun—turning up the excitement of footb...

Hoft Interior Introduces a Bespoke Interior Showroom in Singapore

A Living Canvas for Modern Living SINGAPORE - Media OutReach Newswire - 24 June 2026 - Hoft Interior, the design studio celebrated for its intentional and timeless approach to interiors, ...

Riau Complex Sets a New Standard for Employee Living, Supporting Asia Pacific Rayon’s Workforce and Families

SINGAPORE - Media OutReach Newswire - 24 June 2026 - Asia Pacific Rayon's (APR), a member of the RGE group of companies founded by Sukanto Tanoto, is showcasing the Riau Complex as a model for em...

WebComm and ASUS Partner to Launch Thailand’s First "Zero Trust PC" for Enterprise Security

BANGKOK, THAILAND - Media OutReach Newswire - 24 June 2026 - As organizations across Southeast Asia accelerate digital transformation and AI adoption, cybersecurity has become a strategic priority...

Allianz: $125 billion in vessel and cargo value awaits passage from the Persian Gulf

Safety and Shipping Review 2026: Vessel and cargo value in region shows importance of maritime chokepoints. Managing geopolitical disruptions is now a top priority for shipowners and...

Wonderful Launches Singapore Operations to Accelerate Enterprise AI Adoption at Scale

Backed by US$300 million in funding, the company provides a multi-model platform, local deployment teams, and Forward Deployed Engineers to accelerate AI adoption in enterprises.SINGAPORE - Media ...

Klemeru South: EADEPRO Development Builds Perak's First Solar-Powered Green Township in Ipoh's Klebang-Meru Corridor – "Every Home Generates Its Own"

Eco-Friendly Living: Ipoh's first net-zero ready township featuring standard 6kWp solar PV systems and EV-ready infrastructure. Strategic Connectivity: Features a new direct ...

HKPC Leads Four Hong Kong I&T Enterprises to Paris VivaTech 2026 Leveraging Hong Kong's "Two-Way Springboard" Strategic Advantage to Accelerate Global Markets Connections

HONG KONG SAR - Media OutReach Newswire - 24 June 2026 - Paris VivaTech 2026, Europe's largest startup and technology event, has successfully concluded. The Hong Kong Productivity Council (HKPC) l...

Well Link Life Successfully Issued USD200mm 10-year Tier 2 Capital Bonds

HONG KONG SAR - Media OutReach Newswire - 24 June 2026 - Well Link Life Insurance Company Limited ("Well Link Life", BBB- by S&P / BBB by Fitch) successfully issued USD200mm 10-year (Non-calla...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...