Use Case

Global marketing firm processes invoices from vendors

Customer comments

“Infrrd helped us digitize and automate invoice processing which greatly improved our SLAs. The solution automation performance also allowed us to end our agreement with a BPO who was manually processing the invoices.”

Results

~50% reduction in processing costs. 60% reduction in manual workload on day one. High accuracy at field and line item level improving to > 90%.

Invoice Characteristics

Invoices from 1,000s of vendors, variations in format, vendor names, multiple services. Need to extract 24 fields and create two derived fields.

Solution highlights

Handles invoice variations with high accuracy. Scalable and extensible. Easy to configure and manage. Automated compliance checks.