Case Study: American Seafoods Group achieves 50% lower invoice processing costs with Aavenir Invoiceflow

American Seafood Group (ASG) dynamically improved its invoice processing and automated manual tasks to nullify errors with visibility into workflows.

American Seafoods Group (ASG) faced significant challenges in processing over 24,000 annual invoices manually. This cumbersome, paper-based system led to errors, a lack of visibility, delayed payments, and strained supplier relationships. The company sought a solution from vendor Aavenir to automate its accounts payable process and implement defined approval workflows.

Aavenir implemented its AI-enabled Invoiceflow solution on the ServiceNow platform to automate the invoice processing lifecycle. The solution featured AI-driven data extraction, automated two-way matching, and defined workflows integrated with ASG's SAP and AMOS systems. This resulted in a 100% reduction in paper invoices, a 50% decrease in processing costs, and a 50% increase in operational effectiveness, while eliminating duplicate payments and providing full process visibility.

American Seafoods Group