Autonomous FinOps for Invoice Standardization

Businesses bear a significant overhead of processing and managing several invoices (sometimes more than 500+) monthly, these invoices are generally non standardized and require significant manual intervention and effort for correct processing.

Some key challenges experienced include:

Significantly large invoices with more than 100-150 lines per invoice High failure rate of invoice processing due to incorrect data and transaction logging Significant manual efforts spent towards validation and processing (ranging from up to 15 min to more than 2 hours)

Maximized Efficiency: Save up to 70–80% of the manual effort required to create and manage standardized invoice templates, freeing resources for higher-value tasks. Significant Cost Savings: Reduce staffing needs by automating invoice scrolling for high-volume processing (500+ invoices per month), leading to a potential reduction of up to 2 FTEs. 10x Faster and More Accurate Invoicing: Generate invoices in standardized formats (CSV or PDF) with unparalleled speed and accuracy. Streamlined Processes with Precision: Leverage best-in-class standardized processes and controls to ensure consistency and compliance.