The Smartbridge Solution
The client and Smartbridge consultants evaluated various solution options and looked at RPA technology to automate the AP invoice capture and ingestion process.
RPA software from UiPath was used to automatically extract the data from the incoming invoices and push it into their AP platform, making use of the newest technology available for OCR, Machine Learning and AI.
This avoided human errors, including entries, dates, total amounts, and formatting the invoice properly by reading the line descriptions of the invoice to identify the business unit and cost center for each vendor accordingly.
The solution focused on automating the following AP Invoicing Processes for IT related invoices:
Invoices now automatically go to the AP automation software with no human intervention. We automated the invoice data transcript and posting into AP Platform using UiPath Document Understanding with Machine Learning and AI, and Action Center for manual exception processing.
The technologies utilized for automating AP invoices: