Use cases for Document Intelligence
Invoice reconciliation
Invoice reconciliation often consumes significant resources for companies. For example, a business managing hundreds of global suppliers must process invoices in various formats, currencies, and languages, often submitted as unstructured PDFs.
Traditionally, this requires manual verification of invoice amounts against orders and payments, demanding significant time and effort. Document Intelligence can autonomously process hundreds of documents daily, significantly reducing the need for manual intervention.
A related use case is remittance reconciliation. In this scenario, the need for Document Intelligence is particularly evident when clients combine payments and remittance documents across multiple invoices.
Regulatory compliance
Regulatory compliance is another area where Document Intelligence saves time and costs. Monitoring regulatory updates and determining their relevance can be overwhelming. Document Intelligence automates this process by interpreting changes, identifying potential compliance issues, and flagging necessary actions for human review.
Purchase-to-pay processing
Document Intelligence can optimize purchase-to-pay (P2P) workflows by automating procurement, invoicing, and payment processes. Tasks such as document classification, data extraction, and validation are streamlined, reducing manual effort, improving accuracy, and enhancing efficiency across the P2P cycle.