Automated Invoice Processing for Accounts Payable
Scenario: A mid-sized bank’s accounts payable department manually processes hundreds of invoices monthly, leading to high labor costs and frequent errors.
Solution: CEErtia automates the entire invoice processing workflow, capturing invoices from email and other sources, extracting key data like invoice number, date, and amount, and verifying this information against the bank’s records.
Benefits: Reduces processing costs by 85%, minimizes errors, and accelerates the payment cycle, improving vendor relationships and operational efficiency.