Automate
❯
Automate Process
❯Accounting and Finance - Automate Invoices and Expense Management
Large Companies
NLP - Text summarization
Intelligent Document Processing Using AI
AI-Based Solid Waste Classification
Large Companies
Small Companies
Entertainment and Media - Subtitle Creation
Large Companies
Small Companies
Improve Business Decision
Intelligent Social Listening
Automated Quality Assurance
Large Companies
NLP - Machine translation
Procurement - Cost Analysis
How ML Can Improve Churn Prediction to Retain More Revenue for Insurers
From Weeks Down to Hours: How insurers innovate with AI to shorten claims processing time and improve customer experience
General Public
Education - Smart Learning Content
Large Companies
Accounting and Finance - Improve Profitability Reports
Large Companies
Audio Signal Processing - Voice to text Conversion
Precision Farming as a Service
Autonomous Robot Improves Surgical Precision Using AI
Large Companies
Small Companies
Accounting and Finance - Automate Invoices and Expense Management
Large Companies
Small Companies
Accounting and Finance - Automate Invoices and Expense Management
For:
Financial Controllers
Goal:
Improved Employee EfficiencyProblem addressed
Invoice and expense management can be a tedious manual process. Expense claims need to be matched to receipts, invoices need to be matched to purchase orders. On top of this, processes need to adhere to approval flows and company policy guidelines.
As these are highly repetitive tasks, they are prime candidates for automation within an organization. The primary benefit of automation in this instance is that the time of finance staff is freed up to concentrate on value adding tasks such as setting guidelines and dealing with exceptions and outliers.
Scope of use case
Using Image Processing and Optical Character Recognition to create operational efficiencies through automation of expense approval and reconciliation workflows.
Image
AI: Perceive
Expert System
Optical Character Recognition
Computer Vision
AI: Understand
Automate Process
AI: Act