Case Study: Opyn Market reduces invoice processing costs with Iron Software’s IronOCR

Opyn Market - Customer Case Study

Opyn Market, a healthcare software services company, faced a significant challenge with a labor-intensive manual process for extracting check data from vendor invoices, which was consuming 40 hours of staff time each week. To automate this workflow and free up resources for strategic tasks, they turned to the IronOCR product from Iron Software.

By implementing IronOCR, Opyn Market automated its invoice processing, leveraging the software's integration with Tesseract and sophisticated data cleaning capabilities. The solution from Iron Software delivered a remarkable result, slashing the processing time from 40 hours a week down to just 45 minutes. This efficiency gain resulted in an annual cost reduction of $40,000, with the tool paying for itself immediately, according to the company's Chief Technology Officer.

Opyn Market

Brent Matzelle

Chief Technology Officer