Automated Invoice Processing | Document Process Management - Wipro

Harry1226 Apr, 2022Technology

Automation is a critical enabler in reducing costs and improving the quality of data transmission and entry in the Source-to-Pay (S2P) cycle. A large number of invoices from suppliers are received in paper form or through emails as PDF attachments, however, and these must be entered manually into ERP systems or through a semi-automated standalone platform. The result is a complex, labor-intensive process with a high processing cost, limited scalability across divisions, and a lack of business insights for optimizing cash outflow.