Abstract

Cozentus implemented an Intelligent Document Processing (IDP) - powered invoice processing solution for a leading European logistics company based in Copenhagen, Denmark. The solution leveraged AI, machine learning, and technologies like Conversational Language Understanding (CLU) and Optical Character Recognition (OCR), to automatically extract and validate invoice data.


It reduces invoice processing time by 65%, cuts costs by 30%, and improves accuracy by 90%. It helped the client with faster payments, reduced operational costs, and lesser resource usage.


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Words From The Client

Working with Cozentus has been a transformative experience for us. Their automated invoice processing solution has made a huge difference in our day-to-day operations. What used to take days now takes just a few hours, and errors are almost non-existent. Our vendors are thrilled with the faster payments, and our team finally has time to focus on bigger priorities instead of getting bogged down by manual tasks. Cozentus truly understood our challenges and delivered a solution that exceeded our expectations.


—Finance Operations Manager, European Logistics Company

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