Discover the Power of Advanced Machine Learning Technology
AI Driven Automation
According to a study by Ardent Partners, organizations that implement invoice data capture technology see an average reduction of 29% in their invoice processing costs.
Document Classification and Validation
A report by Billentis found that businesses using invoice data capture technology can process invoices up to 80% faster than those relying on manual processes.
Analysis and Reporting
A survey by The Hackett Group showed that invoice data capture technology can reduce invoice processing time by up to 50%, leading to a 2-3% reduction in processing costs as a percentage of spend.