Automated Invoice Processing Solution
Reduce costs, lower handling times and process a higher volume of invoices with our automated Invoice Processing solution
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.
82% reduction in
Based on our customer data, 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
90% in case handling time
automation drives an increase in accuracy and throughput, reducing the overall case handling time. With field-level extraction accuracy surpassing 90% ensuring performance against team and individual SLAs
100% audit trail
Automation will equip you with 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?
Our bots retrieve your invoices from an email inbox and extract the information from the fields using Optical Character Recognition
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
Our bots then input all of the extracted data into your finance system in a matter of seconds
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.
New to automation? Check out our blog for helpful resources and guides to getting started
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.