Harnessing Cookiebot's Capabilities for Enhanced Site Engagement and Analytics
Harnessing Cookiebot’s Capabilities for Enhanced Site Engagement and Analytics
CASE STUDY | HEALTHCARE
Manchester University NHS Foundation Trust Fully Automates Invoice Processing and Reduces Payment Risk
Manchester University NHS Foundation Trust (MFT) is one of the largest acute trusts in the UK, operating 10 hospitals and employing over 20,000 staff. With smooth, reliable communication between ABBYY IDP and its ERP system, MFT has reduced invoice processing time and freed its staff to focus on other business-critical areas.
Adopting ABBYY IDP has resulted in an evolution of our function and our staff, expanding their skillset in a way that feels a lot more stable, with a tool they know is reliable and is pushing things in the right direction.
Edd Berry, Director of Finance Innovation, Manchester University NHS Foundation Trust
Challenge
MFT processes around 275,000 invoices a year from approximately 6,000 live suppliers, with thousands of different types of invoices. It planned to further automate invoicing by feeding information from its existing IDP solution to its ERP system, enabled by robotic process automation (RPA). However, manual effort was still required between the systems due to IDP inaccuracies and inconsistencies that could not be processed by the RPA tool.
MFT needed to find an IDP solution that could:
- Automatically locate and extract relevant invoice information with a much higher degree of accuracy
- Pass data reliably to RPA so it can successfully align with POs in MFT’s financial system
- Minimize coding requirements for data manipulation
- Reduce invoice validation and training time
Solution
ABBYY IDP identifies relevant invoice data, even in the most complex documents, with the highest accuracy. The RPA tool can now successfully pass it to the ERP system.
ABBYY IDP allows MFT to apply advanced functions across an entire set of invoices instead of repeating rules on each.
Staff can now build a skill with low—even no— code, leveraging pre-built extraction models and standardized business rules. ABBYY IDP learns from manual document validation, so time spent on training and validating invoices is continually reduced.
The consistent and reliable results achieved with invoice automation has given MFT confidence about extending this automation to processes beyond invoices.
Value
- Solution successfully rolled out in weeks, not months
- Reduction in processing time, payment risks, and monthly reconciliations
- Staff free to focus on other business critical areas, rather than coding
- Continuous machine learning reduces post-processing and data validation time
ABBYY Vantage
ABBYY Solutions for Accounts Payable Automation
PDF Version
Ready to speak with an expert?
Also read:
- [New] A Deeper Look at Viva's Video Capabilities
- [New] In 2024, The Expert's Guide to Growing Valheim Crops Successfully
- [New] The 8 Best Authentic Youtube Growth Tactics
- [Updated] Unlock Your Favorites Anytime, Anyplace with Top 6 Free Video Downloaders
- DIY Solutions for Eliminating Speaker Noise on PCs Running Windows Operating Systems
- Enhancing Digital Success with Cookiebot Technology Integration
- Exclusive Webinar: How Streamlining Operations Drives Exceptional Customer Service Outcomes
- How to Factory Reset Infinix Zero 30 5G If I Forgot Security Code or Password? | Dr.fone
- In 2024, How to Change/Add Location Filters on Snapchat For your Gionee F3 Pro | Dr.fone
- Innovative Strategies for Enhancing Your Website's Page Ranking
- Introducing Hervé Laurandin, the New Leader of ABBYY's French Operations
- Leverage Advanced Tracking Solutions - Discover How Cookiebot Can Elevate Your Site Performance Now!
- Mastering Digital Transformation: Why ABBYY Leads as Eucon's Premier Tech Collaborator - Explore Insights From ABBYY Press Releases
- Mastering Page-Level SEO Strategies for Enhanced Online Discoverability
- Revolutionize Your Online Presence Using Advanced AI Marketing Tools for Unmatched Engagement and Reach
- Revolutionizing Insurance with Technology: How ABBYY Is Bridging Gaps | Tech Insights
- The Art of Conceptualizing New Ventures: Bridging Mindmapping Skills with ChatGPT's Suggestions for Better Results
- Updated 4K Video Editing Made Easy Top Proxy Editing Tools for 2024
- Why is iPogo not working On Motorola Moto G23? Fixed | Dr.fone
- Title: Harnessing Cookiebot's Capabilities for Enhanced Site Engagement and Analytics
- Author: Larry
- Created at : 2024-09-24 18:10:35
- Updated at : 2024-09-30 20:35:21
- Link: https://discover-alternatives.techidaily.com/harnessing-cookiebots-capabilities-for-enhanced-site-engagement-and-analytics/
- License: This work is licensed under CC BY-NC-SA 4.0.