Fellowes Brands, a global manufacturer of office and technology accessories having 17 international subsidiaries, witness a massive influx of invoices to the tune of 100,000 documents. The North American AP team use to take printouts and key in the data manually into its ERP systems. Using templates for extraction led to very low extraction accuracy.
Manual, repetitive, and time-consuming activities increased process cycle time, overburdened the AP team, and hampered team productivity.