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

Casestudy

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
Centralized information visibility
High adoption rates and enriched user experience

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