ABBYY Success Story: How Metro AG Enhanced Its Operations with Digital Solutions

ABBYY Success Story: How Metro AG Enhanced Its Operations with Digital Solutions

Brian Lv8
  2024-10-04 18:23:36 2024-10-04 18:23:36 Created   2024-10-05 18:58:10 2024-10-05 18:58:10 Updated  

ABBYY Success Story: How Metro AG Enhanced Its Operations with Digital Solutions

1/ 1100%实际尺寸适合宽度适合高度适合页面自动

Case Study | Wholesale Challenge • METRO AG is an international wholesale company with 17 million customers in 30+ countries within the hotel, restaurant, and catering industry. It receives a large number of international invoices in a wide variety of formats — often in paper form — that require processing as part of daily business. These invoices were being entered into the accounting system completely manually. Solution • Automation at METRO AG was introduced step by step via METRO Digital, responsible for the parent company’s digitization initiatives, and gradually expanded from a few initial projects to an increasing number of countries. Today, the company has achieved successful partial intelligent automation of invoice processing, where ABBYY intelligent document processing (IDP) technologies capture and extract data from the invoice image. The subsequent verification process is mostly performed by employees. The goal is to fully automate invoice processing, where no human processing is required. • With partial automation, ABBYY’s IDP solution has already reduced the invoice processing turnaround time. In the case of full automation, the turnaround time has even been reduced from one to two days to approximately one hour. As a result, invoices can be paid more quickly by customers. And clients, in turn, take advantage of customer benefits when invoices are paid quickly. Value Drastic time savings in the invoice processing cycle of up to 90% Significant reduction of workload in invoice processing and significant increase of productivity Effective correction solution and high quality rates ABBYY Accelerates METRO AG Companies’ Wholesale Customer Payments up to 90% Faster “Expectations are very high for global finance projects like this. The enthusiasm after the introduction of ABBYY’s IDP solution was great internally, but also on the customer side. We chose ABBYY eight years ago. Since then, we haven’t seen a better automation solution on the market to reach our goal of zero- touch processing.” Stefan Rödder, Product Owner at METRO Digital Intelligent automation of invoice processing enabled METRO AG to significantly improve productivity and offer more customers benefits.

0/0

匹配案例每页限制结果 1 个

1/ 1100%实际尺寸适合宽度适合高度适合页面自动

Case Study | Wholesale Challenge • METRO AG is an international wholesale company with 17 million customers in 30+ countries within the hotel, restaurant, and catering industry. It receives a large number of international invoices in a wide variety of formats — often in paper form — that require processing as part of daily business. These invoices were being entered into the accounting system completely manually. Solution • Automation at METRO AG was introduced step by step via METRO Digital, responsible for the parent company’s digitization initiatives, and gradually expanded from a few initial projects to an increasing number of countries. Today, the company has achieved successful partial intelligent automation of invoice processing, where ABBYY intelligent document processing (IDP) technologies capture and extract data from the invoice image. The subsequent verification process is mostly performed by employees. The goal is to fully automate invoice processing, where no human processing is required. • With partial automation, ABBYY’s IDP solution has already reduced the invoice processing turnaround time. In the case of full automation, the turnaround time has even been reduced from one to two days to approximately one hour. As a result, invoices can be paid more quickly by customers. And clients, in turn, take advantage of customer benefits when invoices are paid quickly. Value Drastic time savings in the invoice processing cycle of up to 90% Significant reduction of workload in invoice processing and significant increase of productivity Effective correction solution and high quality rates ABBYY Accelerates METRO AG Companies’ Wholesale Customer Payments up to 90% Faster “Expectations are very high for global finance projects like this. The enthusiasm after the introduction of ABBYY’s IDP solution was great internally, but also on the customer side. We chose ABBYY eight years ago. Since then, we haven’t seen a better automation solution on the market to reach our goal of zero- touch processing.” Stefan Rödder, Product Owner at METRO Digital Intelligent automation of invoice processing enabled METRO AG to significantly improve productivity and offer more customers benefits.

Created with BuildVu

Also read:

https://techidaily.com
  • Title: ABBYY Success Story: How Metro AG Enhanced Its Operations with Digital Solutions
  • Author: Brian
  • Created at : 2024-10-04 18:23:36
  • Updated at : 2024-10-05 18:58:10
  • Link: https://discover-best.techidaily.com/abbyy-success-story-how-metro-ag-enhanced-its-operations-with-digital-solutions/
  • License: This work is licensed under CC BY-NC-SA 4.0.
On this page
ABBYY Success Story: How Metro AG Enhanced Its Operations with Digital Solutions
  1. ABBYY Success Story: How Metro AG Enhanced Its Operations with Digital Solutions