Automating Accounts Payable Processing with Docufree

This case study details the implementation of an automated accounts payable (A/P) processing solution using Docufree® technology by a global provider of source-to-pay solutions. The client aimed to streamline purchasing processes and optimize supply chain functions for its customers, which included commercial, educational, and governmental sectors. The challenge involved the need for a reliable automated solution to extract and validate data from invoices generated by vendors. The selected solution utilized intelligent capture recognition (ICR) technology to digitize and streamline A/P processing, handling various document types and converting them into data suitable for business intelligence. The results included significant operational efficiencies, cost reductions, and improved visibility into business-critical data. The implementation of this automated A/P function allowed the client to process over 1.5 million invoices per year, achieving accuracy rates above 98% and enabling customers to reassign key employees to higher-value functions, thereby enhancing overall business performance.