AI-Powered Document Processing for Finance Operations
THE BACKGROUND
A global leader in trailer axle and chassis manufacturing faced a persistent challenge. Their accounts payable team was manually processing over 1,500 supplier invoices every week. These documents contained critical information such as part names, quantities, pricing, supplier data, branch-level routing instructions, and shipping details. Despite the operational importance of these documents, the team relied on manual review and data entry, resulting in:
- Delayed invoice cycles and slow payments
- Frequent data entry errors and inconsistencies
- Operational bottlenecks and mounting overhead
The company partnered with Soothsayer Analytics to modernize its invoice processing function with a scalable, AI-powered framework built for accuracy, speed, and enterprise integration.