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35% Increase in Efficiency Thanks to ABBYY Intelligent Automation

Other | Accounts Payable Automation

Customer Overview

Name Clay Lacy Aviation
Headquarters Los Angeles
Industry Private aviation
Web

Clay Lacy Aviation (CLA) is a leading operator of private jets worldwide, serving business and world leaders, Fortune 500 companies, government agencies, professional athletes, and other high-profile individuals and organizations. They chose ABBYY’s intelligent document processing platform to support digital transformation and invoice processing, freeing up valuable staff resources for higher-value work.

Challenge

Looking for an intelligent document processing (IDP) solution that processes large volumes of documents and recognizes and captures twenty different types of international invoices with currency conversion.

Solution

ABBYY’s IDP platform accelerates line item recognition, capture, and extraction from complex documents with the highest accuracy.

Results

35%+ increase in efficiency since project launch, which significantly improves profit margins.

Challenge

  • Need to automate invoice processing, including routing, approvals, and data entry.
  • Looking for an intelligent document processing (IDP) solution that processes large volumes of documents and recognizes and captures twenty different types of international invoices with currency conversion.
  • The solution must follow specific business rules.

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Solution

  • ABBYY’s intelligent document processing platform accelerates line item recognition, capture, and extraction from complex documents with the highest accuracy.
  • ABBYY’s scalable architecture easily handles thousands of documents.
  • Invoices are routed to appropriate stages based on built-in business rules, and are processed through initial receipt and capture without human contact.
  • ABBYY technologies offer robust customization based on business needs.

Value

  • 100% content accuracy due to ABBYY’s IDP platform, which benefits CLA’s bottom line and strengthens vendor and customer experiences.
  • 35%+ increase in efficiency since project launch, which significantly improves profit margins.
  • Staff are free to direct their time and resources towards more creative, higher-value work.
  • 99.5% paperless operations enables digital transformation and supports an environmentally friendly workplace.
“We have experienced significant improvements in operating efficiency with ABBYY. Staff devoted to invoice intake has reduced by 90%, and error rates of 3-4% are now near zero thanks to the software.”
Tom Duffy, Sr. Project Consultant, Clay Lacy Aviation
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