North American Health Insurer Boosts 98% Accuracy and 75% Faster Invoice Processing with Zycus
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A leading North American Health Insurer achieves 98% accuracy with Zycus’ AI powered extraction of invoice line level data.
Zycus facilitated the company’s business objective of automating their AP process and helped create impact the following ways:
- Automated invoice extraction to reduce human dependency, costs, and full-time-equivalents engaged in invoice processing
- Scaled up the invoice processing capacity for a higher volume of supplier invoices and rapid business growth
- Centralized processing and error handling for both paper and electronic invoices
- Reduced the amount of paper in accounts payable operations
- Centralized information visibility
- High adoption rates and enriched user experience
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