Intelligent Invoice Processing

In the complex world of financial operations, time is crucial, and every detail is important. Cloudorizon introduces Intelligent Invoice Processing (IIP) – a model of automation excellence created to change how businesses manage their invoices. With IIP, step into a future where invoices are seamlessly integrated into your financial systems, ensuring accuracy, speed, and dependability.

Driven by the combined abilities of Workato’s advanced orchestration, Evolution Al’s innovative artificial intelligence (AI), and machine learning (ML) algorithms, IIP is more than just an automation tool; it’s a complete solution. This groundbreaking approach to invoice processing automates the entire payment process, from capturing invoices to extracting, classifying, and validating data for further steps.

What roles does it help?

Finance Departments

CFOs, financial managers, and accounting teams will find IIP invaluable for significant cost savings, and reallocating focus towards strategic business growth initiatives.

Procurement Teams

Procurement professionals will accelerate payments with lIP, boosting partnerships and optimising cash flow for strategic management.

Compliance Officers

For Compliance officers, UP is vital for meeting stringent regulatory standards and preventing fraud efficiently.

What are the benefits of using lIP?

70% Reduction in cost of invoice processing

60% Reduced time to pay invoices

Improved Compliance and Fraud Detection