Low-Touch Vendor Invoice Processing

Low-touch Vendor Invoice Processing

A leading provider of "on demand" private aviation services faced significant inefficiencies in their accounts payable process. They were receiving over 3,000 invoices monthly in PDF format from their top five fuel vendors, with each invoice containing an average of 25000-line items per month that had to be manually fed into the system. The process was time consuming, and error-prone slowing down the entire workflow. Delays in invoice processing impacted vendor relationships and hindered the timely recharging of costs to respective aircraft owners. Recognizing their need for improvement, Nexdigm proposed a Low-Touch Process to automate this high-volume activity and streamline operations.