DESCRIPTION
Manual entry of invoices represents a significant administrative burden for many businesses and is often a time-consuming and monotonous task. Manual processing can easily lead to errors or delayed accounting. This not only wastes valuable working hours but can also compromise financial transparency.
PROBLEM
The finance team spent 2 hours each day collecting incoming invoices from emails and manually entering them. The manual data entry was slow and prone to inaccuracies. The daily routine consumed significant human capacity.
SOLUTION
We have implemented an AI-based system that automatically recognises invoices, extracts key data, and uploads it to the accounting system. The system is also capable of alerting users to errors and missing data, thus enhancing data accuracy. The employee only needs to approve the data, with minimal manual intervention required.
RESULT
Saving 2 hours a day translates to 730 working hours each year. This has resulted in a saving of 3,285,000 HUF, while the financial administration has become quicker and error-free. The colleague's time can now be devoted to more important, value-creating tasks.
