Invoice Automation Using Intelligent Document Processing
Growing With Our Clients
Problem
Statement
The US-Based retail store chain was dealing with High error reporting in the invoicing process, One-Many relationship between PO and invoices, Validation and payment were tiresome because of the varied product line, Ownership challenges due to distributed structure at an area level, Tracking and responding back on time was getting difficult resulting in poor partner experience
Growing With Our Clients
Problem
Statement
The US-Based retail store chain was dealing with High error reporting in the invoicing process, One-Many relationship between PO and invoices, Validation and payment were tiresome because of the varied product line, Ownership challenges due to distributed structure at an area level, Tracking and responding back on time was getting difficult resulting in poor partner experience
What We Can Do
Our Expectations
Microsoft
The company was looking for an MS stack product to complement the existing ecosystem
Automated Process
The Aspiration of the company is to transform it into a completely automated process
Shorten TAT
Shorten turnaround time (TAT) with agreed SLA adherence with partners
Used
Technology
Where Can We Help?
Our Solution
The solution was trained on over 1000 different types of invoices. A finance hub was introduced for centralized invoice processing. The solution was trained on over 1000 different types of invoices. A finance hub was introduced for centralized invoice processing.
- Study data-related business problems and challenges
- Assess organization BI maturity (0-5 Scaling)
- Study resources, Skills, Processes, Metrics, KPIs and Technology
- Road map to BI Maturity; building an insight-driven organization
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Straight throught
processing
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of TAT
met
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hours saved per
day
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Year on Year
Growth
Our Work
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