Accounts Payable Automation and Digitization Using VIM and OCR

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    Accounts Payable Automation and Digitization Using VIM and OCR - Issue: High processing times, disjointed workflow, and rigid work scheduling, leading to a backlog of unpaid invoices and payment delays. Solution: Implementation of Vendor Invoice Management (VIM), including Optical Character Recognition (OCR). Preconfigured solution allows for rapid deployment. Automated invoice indexing. System-proposed work action, assignment of exceptions to specialists, shared workload, and mobile capabilities. Significant reduction in cycles times to eliminate backlogs. - Vineet Hegde, Deloitte; Subit Matthew, Deloitte; Vinit Vishal, Deloitte