A Fortune 500 manufacturing enterprise offering power generation solutions wanted to replace its accounts payable invoice imaging application with a system that integrated with its financial ERP module.
The existing system involved scanning invoices, storing the invoice image in a third-party system, and entering the image data into an ERP system for invoice matching and supplier payments. The process required intensive human intervention and was managed by a third party at an offshore location.
Infosys designed a cloud solution to store the invoice images, match and process invoices, and approve payment to suppliers.