Invoice processing is certainly a critical and stressful piece of work that the finance department of every business goes through, on a daily basis. Manually entering data from invoice documents to Accounting Management System (AMS) and routing the same for approval to release payments, not only brews the risk of obscured errors and lost documents but also consumes time. To add on, such errors or high discrepancies often lead to delayed and duplicate payments. What’s more, is the concerning intricacies of compliance or regulatory reporting associated with invoicing standards. But worry not, amidst such existing shortcomings, adopting invoice automation can save the day!
Are you still stuck with the conventional and iterative manual processing of your invoices and spend about 8-15 minutes capturing each invoice data? If yes, then now is the time to automate and scale up!
Learn and Experience how you can accelerate your invoice processing to just 2 minutes.
Innovation and experimentation have been at the forefront of our approach to IT and automation for decades. Our relentless efforts have led to the development of cutting-edge solutions like our Invoice Automation application.
Utilizing our extensive knowledge of Appian and mastery of IDP, our solution can revolutionize your payment cycle processing, streamlining the process and saving your organization valuable time and resources.
Accuracy of Invoice
Governance and Control
Elimination of Errors
Tech Tammina is well-known to leverage its Appian proficiency to deliver advanced automation solutions for businesses. Our Invoice Automation application harnesses the power of IDP to create a cost and time-saving solution. It streamlines the payment cycle process and allows vendors to get the payment easily and faster.
IDP (Intelligent Document Processing) is an influential tool that enables businesses to automate the process of extracting and analyzing data from unstructured documents.
With high-end machine learning (ML) and natural language processing techniques, IDP accurately classifies and extracts relevant data points from any invoice documents and enters it into your Accounting Management System (AMS). So, there is no need to go for manual data entry followed by meticulous proofreading, which reduces the time and errors during the process.
Appian’s low-code capabilities deliver impact by enabling faster application build-up, easy deployment and seamless data integration. Leveraging such technology, we built an uninterrupted and customizable invoice automation workflow for the approval matrix within your finance department for holistic and robust end-to-end workflow management.
Flawlessly integrates with your ERP or other legacy systems using Web APIs and bots (Robotic Process Automation). From data extraction to approvals of payments, everything can be streamlined and automated. Furthermore, you get to customize and evolve according to your dynamic needs!
We understand your unique requirements and work the extra mile to give you the forefront advantage of seamless invoice processing and reduced turnaround time, in a cost-effective manner. Our years of experience and expertise have made it possible to tailor hassle-free invoice automation which offers you the ease of data capturing from any unstructured document and entering the same into your Accounting Management System (AMS), rapid approval of invoices, transparency of workflow and cash flow through a customized dashboard and seamless integration with external/legacy systems.
With 1000s of invoices processed in a month, cost-effective automation has become pivotal for your growth and thus we bring you the cost of processing each invoice to as low as $1.21, in comparison to $5 per invoice from other competing applications. Tech Tammina’s invoice automation application takes digitization to the next level by reducing manual efforts and increasing your annual savings by 76%. Talk to us and learn more!
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