India based garment manufacturer

India based garment manufacturer
Client:
An India based garment manufacturer, who manufactures and exports garments to several countries across the globe. They have several suppliers of items that are used in the manufacturing process.
Challenges:
The client’s invoice processing and management had several challenges:
- Invoices in different formats including hand-written
- The manual Data Entry process into accounting software was error prone and time intensive
- This drove up the operational costs and the process could not scale to meet the business needs.
- Earlier attempts at automation with OCR technologies provided a low level of accuracy.
Solution:
Jeeno’s AI and automation teams worked with the client and analyzed the type of invoices, the process as well as the API interfaces to the legacy accounting platform and delivered the solution
- AI Powered Extraction and classification
- AI and API enabled automation of data updates on the accounting system
- Human in the loop for review
- Dynamic Reports and Dashboards
- Secure Integration of on-prem data and LLM
Outcome:
The solution was implemented and the client was able to reap across the board benefits:
- 92% accuracy in extraction from invoices
- 40% reduction the end to end processing times
- 25% reduction in operational costs