For BPO companies, the receipt of invoices is often a complex process, with many invoices being received from different customers. Invoices arrive in multiple formats, structured and unstructured meaning processing these documents is labour intensive, repetitive and often subject to errors, exceptions and delays. With inSTREAM’s Intelligent Process Automation (IPA), these tasks can be streamlined through automation, delivering a smarter, more efficient process, reducing the amount of manual effort required, improving processing time and reducing cost.
Key Benefits
- Faster processing time leading to early payment discounts and enhanced supplier relationships
- Higher levels of data accuracy and identification of non-compliant invoice submissions
- Detailed MI reports providing full visibility of invoices and company expenditure