Vendors Invoice Processing
This is applicable across all industries with their own finance department.
Pain points:
1. Time consuming for personnel to process every single invoices on a daily basis with more than 50 invoices per day
2. Delay in payment processing for vendors due to slow invoice processing.
Solution:
Bot to read email and download the invoices accordingly then proceed to extract data n the invoices and validate against purchase orders before entering into accounting system to process payments.
Benefits:
1. Faster invoice processing to avoid delay in payment processing for vendors.
2. Reduced the cost of processing each invoice by avoiding any errors and time saved. This is so that the personnel can perform a higher value work.
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