AI-Powered Invoice Processing & Auditing
Implemented AI-powered invoice processing using Azure Document Intelligence to audit invoices and prevent 7% industry-standard losses, projected to save $3-5M over 3-5 years.
Retail
•4 months</>
$3-5M
ROI
7%
Loss Prevention
95% faster
Speed
99%+
Accuracy
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Industry standard shows 7% loss on invoices without proper auditing, costing Peavey $300-500K annually. Manual invoice processing was time-consuming and error-prone, unable to catch pricing discrepancies and billing errors across thousands of vendor invoices.
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Utilized AI (Azure Document Intelligence Service) to parse PDF/Excel documents, saved to database for comprehensive invoice auditing system with PowerBI dashboard integration for real-time monitoring and loss prevention.
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$3-5MProjected Savings
Over 3-5 Years
$300-500KAnnual Loss Prevention
Eliminated 7% Loss
95%Processing Speed
Faster Processing
99%+Accuracy Rate
Invoice Auditing
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Azure Document Intelligence
Python
PowerBI
SQL Server
Azure Functions
REST APIs