Automated Invoice Processing Solution
Reduce costs, lower handling times and process a higher volume of invoices with our automated Invoice Processing solution
How ready are you for automation?
Take our short 4 minute survey and receive a score based on our answers.
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Benefits of automation Invoice Processing
Manually processing invoices is a protracted task. Endless documents. Strict SLAs. Multiple deadlines. All delivered by your highly skilled finance teams. It can feel like a never-ending job, but thankfully, this could be a thing of the past with the right automation technology.
Reduce the processing cost per invoice
You can now process your invoices at speed and in real-time, dramatically increasing the throughput of your manual teams for a fraction of the cost
Reduce document handling time
Automation drives an increase in accuracy and throughput, reducing the overall case handling time. Data extraction accuracy surpasses 90%, ensuring performance against your teams SLAs
100% audit
trail
Automation will provide increased visibility, control, and governance across all your invoices flowing through your finance operations, increasing accountability and reducing risk for your business.
How does our Invoice Processing solution work?
1. Extraction
Our bots retrieve your invoices from an email inbox and extract the information from the fields using Optical Character Recognition
3. Exception Handling
If there are any exceptions or errors in the data the bot has processed, you will be alerted on the NexBotix platform where you can manually check and rectify any issues
2. Processing
Our bots then input all of the extracted data into your finance system in a matter of seconds
4. Analytics
Whilst the bot is working, you can track its progress and monitor the key performance data in the NexBotix platform
Speak to a member of our team for more information today
How to get started
Our team are on hand every step of the way to guide you through the process.
Discovery Workshop
We will host a session with your team to gain a deep understanding of your systems and current process.
Business Case & Commercials
We'll build a clear ROI focussed business case outlining the time and money you will save with our Invoice Processing solution
Optional Pilot Period
We'll happily build a pilot for you and your team to see how well the solution processes a specified number of invoices.
Managed Service
Our team will design, build and manage your automation and you will be assigned a dedicated Customer Success Manager who will be your main point of contact
Our Blog
New to automation? Check out our blog for helpful resources and guides to getting started
How can automation help CFOs achieve their strategic goals?
Often regarded as a catalyst for change within an organisation, CFOs spearhead conversations about new innovations to drive overall business improvements both within and outside the finance function. With the ever-expanding list of responsibilities assigned to the CFO and a range of business-critical goals to achieve, what role can automation play in helping finance leaders deliver more value to an organisation?
Top 5 Most Frequently Used Automation Acronyms
Are you struggling to make sense of the endless acronyms used within automation solutions? Take a look at our latest blog post covering the most frequently used automation acronyms and what they mean for you.
Top 4 Process Automations for Finance Teams
We have spent the last few months carrying out extensive research into finance teams and processes, to understand which processes within a finance function could deliver the most value if they were automated. We now plan to develop our finance use-cases in line with our findings. Based on our research, here are the shortlisted 4 finance processes that we believe will have the most impact.
