Looking through AI-enabled glasses for invoice processing
Pierre Pointier, Head of Sourcing & Procurement at a French MNC, discovered that inaccuracies in his department’s OCR tool were driving delays, rework, and rising processing costs in vendor invoice management. This case highlights how Infosys BPM’s AI driven solution, with self learning capabilities, improved data extraction accuracy, accelerated turnaround times, and significantly reduced manual effort.
Approach summary:
- Deep dive into existing processes
- Evaluation of AI tools
- Implementation of Infosys Intelligent Data extraction solution powered by latest AI technologies
Key benefits:
Invoice data accuracy improved from 40% to 90% 
1800 hours of effort saved annually 
10% faster processing turnaround 
Minimized costly errors and rework 
Leaner and more responsive operation 
