Pratham Software (PSI) specializes in enterprise modernization and B2B SaaS, catering to clients across North America, Europe, Australia, and India. PSI partners with clients to drive digital adoption and modernization, leveraging expertise in Cloud, AI, and Data Science.
AI-driven invoice automation enables faster processing & higher accuracy for a global leader in digital payments
AI-driven invoice automation enables faster processing & higher accuracy for a global leader in digital payments
A global leader in digital payments and employee benefits solutions partnered on an Invoice Automation platform initiative aimed at streamlining invoice processing. The objective was to improve the efficiency, accuracy, and scalability of accounts payable operations.
Business Challenges
Manual handling of high invoice volumes leading to delays and inefficiencies
Data extraction inconsistencies from invoices due to varied formats and missing fields
Limited visibility into invoice processing, duplication and compliance gaps
Dependency on manual intervention for exceptions
Solution Delivered
Implemented AI-driven invoice automation for data extraction and validation
Introduced workflow-based processing with queue-based routing
Enabled auto-posting and rule-based approvals, along with AI-driven GL Automation
Enhanced monitoring, alerts, and exception handling
Integrated the system with various ERP and reporting frameworks
Impact & Outcomes
Significant reduction in manual effort and processing time
Improved accuracy and consistency in invoice data
Faster turnaround with automated approvals and posting
Better visibility and control through dashboards and alerts
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AI-driven invoice automation enables faster processing & higher accuracy for a global leader in digital payments
A global leader in digital payments and employee benefits solutions partnered on an Invoice Automation platform initiative aimed at streamlining invoice processing. The objective was to improve the efficiency, accuracy, and scalability of accounts payable operations.
