ABBYY: Intelligent Automation

Overview

ABBYY introduced the industry’s first low-code / no-code Intelligent Document Processing platform, ABBYY Vantage. With pre-trained “Document Skills” available in the ABBYY Marketplace for essential AP documents, shipping and logistics documents, and more, Vantage makes IDP accessible within minutes.

REQUEST ASSESSMENT

SPEED UP OPERATIONS

Speed up operations to take advantage of early payment discounts.

REDUCE TRANSACTION COSTS

Reduce transaction costs by automating invoice processing within minutes.

MINIMIZE RISKS

Minimize risks with 99.5% accuracy and 95% straight-through processing.

Modern AP

Modern AP automation solutions take advantage of AI-driven machine learning and neural networks to deliver unprecedented accuracy in recognizing and extracting invoice data of any level of complexity, achieving straight-through processing with results like: (91%) lower invoicing costs and (81%) faster invoice processing time.

ABBYY AP

ABBYY AP automations are suitably intelligent to handle

  • 100s of pages
  • Complex table structures
  • Any format
  • Any language
  • Country-specific tax and compliance rules

Procure-to-Pay

Procure-to-pay (P2P) is a system covering the entire process of acquiring goods and services, from product selection all the way to payment.

Most popular AP employee tasks:

  • 77% processing invoices
  • sending payment to suppliers
  • processing expense reports

Invoice Processing Cost & ROI Calculator

Calculator