Automated Invoice Processing for a Large Retailer

Streamlined invoice processing, reducing manual effort by 80% and improving accuracy.

Dashboard showing automated invoice processing metrics

Client

Global Retail Corp

Industry

Retail

Date Published

January 15, 2023

The Challenge

  • Manual invoice processing was time-consuming and prone to errors.
  • High volume of invoices led to delays in vendor payments.
  • Lack of real-time visibility into invoice status.

The Solution

  • Implemented an RPA solution to automate invoice data extraction from various formats (PDF, email, scanned images).
  • Integrated with existing ERP system for automated data entry and validation.
  • Developed a dashboard for real-time tracking of invoice processing.

The Results

  • 80% reduction in manual data entry.
  • 95% improvement in invoice processing accuracy.
  • Reduced invoice processing time from days to hours.
  • Improved vendor relationships due to timely payments.