AI-supported Automated Invoice Verification
Development of an add-on tool for an existing document management system to enable automated invoice verification
The daily operations of transmission or distribution system operators involve significant manual effort in verifying invoices between subcontractors and project sponsors, which are consistently structured in the same way.
Through the development and training of an AI-powered invoice verification tool, these manual checks can be almost entirely replaced. We specialise in developing and optimising document management tools, facilitating efficient process automation.
Project at a Glance
Client: anonymous
Initial Situation
Time-consuming manual processes for invoice verification
Objective to reduce error susceptibility by enhancing manual workflows with artificial intelligence
Vision for economies of scale: Leveraging developed recognition mechanisms for additional use cases within the company
Our Solution
Development of an AI-powered software tool for automated invoice verification
Technologies used: Python, MySQL, JavaScript, etc.
Machine Learning Components: Optical Character Recognition (OCR), Natural Language Processing (NLP), and various computer vision algorithms
Added Value Achieved
Significant time savings in invoice verification through the reduction of manual tasks
Rapid adaptability to different invoice types or interfaces (e.g., owner portals or SAP) enabled by a robust, service-oriented software architecture
Modern user interface designed for seamless use across various devices
"Our customers value the rapid implementation of IT projects by IE2S. Our agile approach and the team's hands-on mentality enable us to deliver the first tangible results to our customers quickly."
