Kingfisher GBS SAP Invoice Indexing Time Cut 90% with Rossum AP Automation

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Kingfisher GBS SAP Invoice Indexing Time Cut 90% with Rossum AP Automation

Content

Rossum is an AI-powered document processing platform designed for transactional workflows, trusted by enterprises running on SAP, Coupa, NetSuite, and Workday. The platform's AI agents read documents, capture, validate, and transform data, send emails, ask for approval, write data to ERP systems, and much more – all in line with your SOPs. The platform capitalizes on the latest technological advancements in LLMs and Gen AI to raise the performance bar of processing transactional documents within intelligent document processing. Key capabilities include: Receive & Understand Transactional Documents: Ingest documents via email, scanners, PEPPOL, shared drives, and more. Process documents using a proprietary transactional LLM supporting 276 languages and handwriting. Reach high accuracy with zero hallucinations through continuous learning from user feedback. Ensure precision for complex documents with fast AI human collaboration. Validate & Augment Transactional Data: Cross-validate document data with master data, ERPs, 3rd party APIs, Gen AI, business rules, etc. Ensure only valid transactions enter downstream systems with complex business logic. Compute and infer data needed to complete a transaction - GL codes, tax codes, HS codes, etc. Standardize data before it enters downstream systems - dates, number formats, languages, etc. Trigger Automated Comms & AI Learning: Automate the approval workflow with rules for auto-approve/reject based on criteria. Maintain integrity and accuracy of system of record with validated data only. Accelerate exception handling with automated vendor notifications and AI-generated emails. Improve automation rates with an AI engine that learns from user feedback. Unlock Real-Time Strategic Insights: Track key metrics - errors, exceptions, document turnaround time, straight-through processing rate, to improve performance. Manage transactions in a unified platform delivering a full audit trail and logs for each document. Ensure full compliance with data security policy by using Rossum as document archive. Search and retrieve document database across both extracted and no-extracted data. Customer Case Studies: Wolt: 100K invoices processed every year, 44% fewer error rates. "With Rossum, we are able to process invoices efficiently and hope to unlock more efficiency cost savings as we scale-up." — Wolt Product Lead, Supply Chain & Finance. Morton Salt: 95% time saved per document, 71% straight-through processing automation rate. "We've done a good job of getting a very high percent of our documents through the solution quite quickly. It remembers everything, that's fantastic!" — Amy Rybicki, Business Processes Improvements Manager. Port of Rotterdam Authority: 810 AP days saved per year, 70.7% reduction in AP manual effort, 90% accuracy after only 10 documents. "We are enthusiastic about Rossum's performance and its capability to quickly learn and adapt to the wide range of Tonnage Certificates used by shipping agencies!" — Arthur Philippa, Lead RPA Developer Port of Rotterdam. Fugro: 4 SSCs onboarded in 3 months, invoice processing time reduced from 2 minutes to 35 seconds. The platform is AI-first and cloud-native with a proprietary LLM that learns quickly from user feedback to get smarter over time. It delivers end-to-end automation transforming workflows from reading and answering emails to document approvals, with seamless human-AI collaboration tailored to business needs.