Procurement: Increase Procure to Pay time

Enterprises manage large procurement pipelines including thousands of invoices, receipts, and other related documents every year. Extracting the relevant information needed from the incoming documents, even when they come in digital is too often a manual process that leads to long process times and the workforce concentrating on manual repetitive tasks.

Use Procurement DocAI to intelligently process your "dark data" such as pdfs, images and handwritten forms to reduce the manual overhead of your procurement lifecycle. Automate procurement data capture at scale by turning unstructured documents like invoices and receipts into structured data to increase operational efficiency, improve customer experience, and inform decision-making. Think about the potential if you can extract the information you need, like Name, bought Service, renewal dates, invoice amount, content of side amendments and so on. And the most interesting part is our Knowledge Graph that links the relationships between the Entities (e.g. PO to invoices, receipts, names, companies).

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