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Procure to Pay (P2P):
Problems enterprises face in processing purchase orders and order confirmations
How AI-based Intelligent Document Processing (IDP) reduces costs and increases operational efficiency
For companies, procurement is one of the most complex business functions. These important documents in the P2P process include purchase orders and order confirmations.
With Intelligent Document Processing, companies have a powerful AI-based automation solution. IDP enables the existing ERP system and P2P solution to process these documents in an automated manner and achieve significant cost savings, as well as significantly increase operational efficiency!
Download your exclusive copy of the eBook today and learn how to leverage IDP for creating an automated enterprise.
Why Parashift?
According to Microsoft, more than 500 billion documents are generated worldwide every year by Office applications alone. That’s a lot of information that can still be read and interpreted by employees but can hardly be used for automatic processing and process control.
The result is media disruptions that induce unnecessary inefficiencies in processes. With Parashift, we offer you a solution for integrating documents cost-effectively into IT applications and workflows.
With the Parashift Platform, companies can easily read out their documents – no matter how many or what type of document they are.
The data obtained can then be used to make the company’s own processes more efficient or to support completely new digital business models.