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AstuteAP - AI-powered Invoice Automation for PeopleSoft, Banner and EBS

AstuteAP - AI-powered Invoice ...

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Overview

AstuteAP Key Features

  1. Automatic invoice retrieval from source
  2. AI-enabled Invoice Capture
  3. Key value pair extraction, confidence score
  4. Invoice Validation and Pre-Processing
  5. Error Detection and Correction
  6. Intelligent Invoice Processing in target ERP, pre-built integration to PeopleSoft, EBusiness Suite, JD Edwards, Ellucian Banner
  7. Document store for invoice lookup, archive

 How is AI Invoice Automation better?

  • Touchless and Faster Invoice Processing
  • Capture Invoice Header with higher accuracy
  • Invoice Data Validation and Verification
  • Fraud Monitoring and Alert
  • Error Handling
  • Dashboard Reporting

Benefits of AstuteAP


Business
Technology
  • Reduction in Invoice Processing costs
  • Faster Invoice processing
  • Lower exception rates
  • Digital Transformation
  • Reduction in Invoice processing errors
  • Fraud Monitoring and Alerts
  • Oracle Native - upgraded behind the scenes on the cloud
  • Using the learned scanning of millions of previous invoices that is part of the Artificial Intelligence to decrease the manual handling of invoices - with higher accuracy
  • Efficiency: Speeds up document processing, reducing manual effort and time required.
  • Accuracy: Minimizes errors associated with manual data entry, leading to more reliable data extraction.
  • Scalability: Easily handles large volumes of documents, allowing for scalable document processing.
  • Cost savings: Reduces labor costs associated with manual document handling and processing.
  • Improved decision-making: Provides quick access to extracted insights, enabling faster and more informed decision-making.
  • Compliance: Ensures regulatory compliance by maintaining accurate and auditable document records.
  • Enhanced productivity: Frees up human resources for more value-added tasks by automating routine document processing activities.
  • Integration: Seamlessly integrates with existing systems and workflows, enhancing overall organizational efficiency.

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