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Zycus positioned as a Visionary in the 2024 Gartner® Magic Quadrant™ for Source-to-Pay Suites. Read More

Leading North American Health Insurer achieves 98% accuracy with Zycus’s AI-Powered Extraction of Invoice Line-Level data

A leading North American Health Insurer achieves 98% accuracy with Zycus’ AI powered extraction of invoice line level data.

Zycus facilitated the company’s business objective of automating their AP process and helped create impact the following ways:

  • Automated invoice extraction to reduce human dependency, costs, and full-time-equivalents engaged in invoice processing
  • Scaled up the invoice processing capacity for a higher volume of supplier invoices and rapid business growth
  • Centralized processing and error handling for both paper and electronic invoices
  • Reduced the amount of paper in accounts payable operations

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With a transactional role of global sourcing and a 20% – 50% span of control, meeting key business needs around rapid execution and deeper expertise…

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