Testimonial
Robert Cathey
MBA VP - Chief Data OfficerVSP Global
We have automated 6 processes and saved USD 700k in a year. We have been able to free resources to avoid overtime and temporary stuffing expenses.
Sarah Patterson
RPA Lead, Accounting,Carmax
Today, we are able to validate and process over 3,500 invoices a day, 7 days a week. This reduced the invoice backlog by 95% in 2 weeks, while guaranteeing compliance and providing end-to-end visibility into the status of every invoice.
Solution Benefits
- Increase Invoice Handling Bandwidth by 400%
- Increase End to End Processing Time by 5x
- Eliminate Human-Workforce Induced Errors by 100%
- Return on Investment by End of Year 1
Accounts Payable Automation
- Invoice Header and Line Item Detail Extraction via AI/ML powered by nVizion
- Intelligent workflow routing for reviews, verification, approvals, etc.
- Robotic Process Automation to minimize/eliminate human touchpoints
- Works with any existing platforms, no need to reinvent the wheel
- Unlimited Scalability; leverage any of these modular components company wide
The Advantage
- Vendor PortalLeverage the portal internally or use it as a vendor facing platform. It allows for submission of invoices and offers unparalleled visibility into invoice submissions, thereby reducing the amount of time spent fielding inquiries.
- Chatbot Intelligent AI/ML powered chatbot (INA) provides real-time status and answers questions.
- Interactive Voice Response (IVR) IVR and text integrated with chatbot and RPA provide real time voice and text responses to vendors.
About Lateetud
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