Overview
Regenerate your workflow by exploring the possibilities of Firemind’s intelligent reconciliation tool which translates all languages, line matches instantly and provides on-the-spot results.
Find out how Firemind provided the client with a fully automated invoice reconciliation process which increased success rates to 95% and achieved average matching times of 3 minutes per invoice.
Client: Global Telco Organisation
Industry:
Telcom
Services:
AI & Machine Learning
Problem
Time-consuming, unproductive and inefficient work practices burdened our clients finance team.
Firemind embarked on a proof of value project with the goal of eradicating repetitive work tasks and transforming their invoicing processing system within their business operational model.
Services
AWS
Sagemaker
Train, and deploy machine-learning models.
Textract
Extract key values and data
Lambda
Triggers document analysis
S3
Data lake to store documents
Solution
Automating your invoice reconciliation workflow through matching document data and deploying an intelligent confidence scoring system.
We built a customisable and automated invoice processing system which overlapped our client’s existing reporting workflow relating to finance and invoices, allowing for a polished and efficient end-to-end view of all the finance information relating to services.
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