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CASE STUDY | TECHNOLOGY

FUJIFILM Improves
Invoice Processing Accuracy
by 40% with ABBYY

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Partner Overview

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Name: FUJIFILM Business Innovation

Headquarters: Melbourne, Australia

Web: www.fujifilm.com/fbau

Headquartered in Melbourne, FUJIFILM Business Innovation Australia delivers intelligent automation and digital transformation solutions to organizations. Through its Process Automation division, the company works with clients—many in the construction industry—to streamline high-volume, document-intensive processes with ABBYY intelligent document processing (IDP).

ABBYY is an extremely powerful platform for converting files to text searchable documents and extracting key data from the documents to facilitate further back-end processing.

Mark Maron, Pre-Sales Consultant, FUJIFILM Process Automation

Challenge

In the demanding world of construction, businesses handle vast numbers of invoices monthly—a task notorious for its potential errors and time-consuming nature. Many of FUJIFILM’s clients face this challenge at a pivotal juncture, where improving invoice processing is not just an operational need but a mission-critical goal. To support its clients, FUJIFILM Process Automation set clear objectives: enhance data capture accuracy and streamline processing efficiency. Enter ABBYY, a powerhouse in intelligent document processsing solutions. FUJIFILM selected ABBYY for an AI-driven solution that specifically targets labor-intensive invoice processing. By extracting data with precision, ABBYY Document AI significantly reduces errors and accelerates processing timeframes.

Solution

Mark Maron, a Pre-sales Consultant at FUJIFILM, lauds ABBYY for its transformative impact on FUJIFILM’s customers. By leveraging ABBYY’s intelligent document processing technologies, FUJIFILM has not only reduced manual effort but also enhanced productivity across the board. The ripple effect has been profound; team members have shifted focus to high-value areas within the business due to newfound efficiency.

The results speak volumes—customers now receive timely payments as invoices are processed within requisite timeframes. For FUJIFILM’s clientele in construction, this has meant fewer late fees and smoother operations. With such technological prowess, ABBYY has empowered companies to make quicker decisions by turning essential documents into actionable data—a testament to its unmatched ability in revolutionizing business processes.

Value

  • More than 60% reduction in errors
  • 40% process efficiency improvement
  • 35% overall cost savings

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