Telecom Invoice Processing for Enterprise IT Solutions provider
80%
reduction in exceptions handling
98%
Straight-through processing
1000+
invoices processed monthly
Share This Use Case
Client
Enterprise IT Solutions provider
Goal
Accurately extract key data from telecom invoices
CHALlENGE Overview
Invoices come in different forms depending on vendor. Client is looking for a flexible and scalable AI solution for telecom invoice processing.
The client provided us with less than 200 data samples across seven data variations, and asked us to train a robust model to extract the following eight fields:
- Vendor name
- Account number
- Invoice number
- Billing date
- Received date
- Due date
- Amount
- Currency
WHAT WE DID
- Trained model with ~98% accuracy in 4 days to extract key data from telecom invoices
Business value
- 98% accuracy
- 1000+ invoices monthly automated
- Dramatic reduction in late fees and credits needed from carriers
- 80% reduction in exceptions handling
- Full integration with finance and accounting platform
