A Finance Agent That Reads Invoices and Prepares the Entry

The accounts team opened each one, read it, found the matching purchase order, and keyed the lines into the ERP. It was slow, error-prone, and the month-end close waited on the backlog.

• Invoices arrived in many formats by email and post.
• Each was read and keyed into the ERP by hand.
• Matching to purchase orders was manual.
• The close waited on the invoice backlog.

It reads each invoice, extracts the lines, matches it to the purchase order and receipt, and prepares the entry. A person reviews and approves, and the agent posts it.

• Reads invoices in any format and extracts the data.
• Matches to the purchase order and receipt.
• Flags mismatches for a person instead of guessing.
• Prepares the entry and posts it on approval.

As accuracy proved out on clean three-way matches, we let those post automatically, while exceptions and new suppliers still go to a person.

The agent went live in seven weeks.

Errors dropped with consistent matching, the invoice backlog cleared, and the month-end close moved earlier because the data is ready.