Invoice Processing Automation
Client: Financial Services Company
Implemented an AI-powered invoice processing system that reduced manual processing time by 90% and improved accuracy to 99.5%.
Key Results
90%
Time Reduction
99.5%
Accuracy Rate
15→2 min
Processing Time
€500K
Annual Savings
What they needed
The client's finance team was processing over 10,000 invoices monthly, with each invoice taking 15+ minutes of manual data entry. Error rates were high, and the backlog was growing. They needed automation that could handle various invoice formats from hundreds of suppliers.
How we helped
We built a custom document processing pipeline using computer vision and NLP. The system automatically extracts key fields from invoices, validates against purchase orders, and routes exceptions for human review. Integration with their ERP system enables straight-through processing.
What we delivered
Technologies used
“The AI solution from KUG Systems transformed our finance operations. What used to take our team days now happens in hours, with better accuracy than ever.”
CFO
Financial Services Company
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