Fact-Packed Infographic: How AI Solves Your AP Invoice Problem

P2P presents you with two challenges: 1) It’s a multistep process which is becoming more complex and involves a rampant number of actors (Buyers, Suppliers, Receivers of Goods) 2) Across this complex process flows a vast body of data which is full of patterns and errors These 2 challenges are the main reasons shared services processed more paper invoices than electronic in 2024. I invite you to read this short infographic to begin to understand how Intelligent Document Processing (IDP) solves the “AP Invoice Problem.” IDP uses OCR + Natural Language Processing (NLP) + Machine Language (ML) to extract, analyze, interpret and enrich invoice data. If you’re struggling with processing AP invoices that: - Are in multiple languages - Have multiple pages, often 100s of pages - Quote complex tax amounts and calculations - Enter your environment as Paper, PDF, Electronic or EDI - Require human touch Then read this Infographic. IDP has a significantly bigger brain than a human, learns quickly therefore provides a continuously improving solution, traverses complex end-to-end processes like P2P, and can ingest, interpret and analyse a massive body of data. Find out how Pepsico is using IDP today, how Carlsberg is at 92% touchless invoice processing because of IDP, and Siemens' productivity rate increased by 40%. Download this stat-rich infographic today