Our client is a mid-sized firm specializing in molecular diagnostics and targeted therapies. With a strong emphasis on cutting-edge research and development, the company has established itself as a trusted innovator in healthcare. Renowned for its robust R&D pipeline and commitment to quality, the firm continuously advances diagnostic solutions and personalized treatment options, upholding stringent regulatory standards in every step of its scientific journey.
The client's accounts payable process was entirely manual, relying on a small team to process around 1,000 of invoices each month. Each invoice used to receive via mail and had to be manually categorized and entered into SAP. This labor-intensive workflow consumed roughly 25% of their team’s time, making the process not only inefficient but also prone to errors and delays.
To overhaul this cumbersome process, we developed an AI-powered automation system tailored for the client's needs. Leveraging advanced optical character recognition and machine learning algorithms, our AI system automatically extracts and categorizes data from incoming invoices. Seamlessly integrated with SAP, the system manages the entire workflow from invoice receipt and downloading to accurate data entry and categorization, ensuring rapid and error-free processing.
Increased employees’ working capacity by 25% with automated invoice processing.
Minimized manual errors for reliable, error-free invoice handling.
Faster invoice handling optimized operations and reduced wait times.
Timely payments fostered stronger vendor relationships and business reliability.
Softude didn’t just offer a solution—they became a true partner. They took the time to understand our workflows, adapted to our unique challenges, and delivered seamless integration. Their attention to detail and commitment made the entire transition effortless.
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