Invoice processing is labor intensive, involving manual extraction of vendor invoice data into systems like SAP.
It costs businesses $15 - $40 per invoice and can take up to 90 days to complete. Manual data input leads to payment delays due to data entry errors.
Additionally, inconsistent invoice formats pose challenges for automation in document processing.
average cost savings for invoice processing
supplier discounts captured
improvement in productivity
Slash costs by 40% using Intelligent Automation
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