Invoice Processing Automation Demo

invoice-process-tutorial

For an employee within the financial department of a business, invoice processing can be a laborious and time-consuming process. It’s estimated that when this process is done manually, companies pay $12 to $17 for each invoice to be approved. This can add up as the average small business gets about 40 invoices a day, totaling to more than $125,000 a year spent on invoice processing alone.

To process an invoice an employee needs to transfer information from invoices like a dollar amount or the date into an invoice capturing system. With Automation Hero, this process can easily be automated.

Use Case

Our system can do that by following these steps:

  1. The employee sends all invoices attached as an email to the Automation Hero backend.
  2. Our system will check if the emails have any attachment.
  3. Our AI model will extract all information from the invoices including amount, date and vendor.
  4. The system will then check the database to see if the vendor already exists in the database. If not, it will create that vendor within the database.
  5. Our system will do more data preparation.
  6. Our system will email the user alerting them that all data has been prepared and that a clickbot can now be triggered to input all that information into the invoice processing system.

Tutorial

Our video shows how you can easily create this end-to-end automation of an invoice processing workflow using Automation Hero’s suite of tools.

By Automation Hero

Our team is made up of industry veterans who came together to solve one of the most notorious problems in business -- productivity.

Published May 09, 2019

Posted in Product