APPROACH

  • Identify customers from:
    • Invoice data in ERP systems – extracted data using Intelligent Character Recognition
    • Customer information stored in ERP and CRM systems
  • Validate customer information using 3rd Party APIs
  • Data enrichment using 3rd Party APIs to ensure data recency
  • Triangulate across Customer Information in systems, Invoice data, and Contracts using AI/ML algorithms to detect anomalies
  • Report anomalies in existing systems to ensure minimal learning curve for users

KEY BENEFITS

  • The automation of the freight invoice audit process helped reduce manual work
  • The accuracy of the process increased phenomenally

RESULTS

  • Saved ~300K USD in procurement cost by automating invoice audit

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