Case Study: a large telecom infrastructure company achieves AP automation and compliance with MYNDAPX by MYND

a large telecom infrastructure company achieves 95% invoice data accuracy with Mynd

The customer, a large telecom infrastructure company that handles 60% of India's phone calls, was struggling with a highly manual accounts payable process. Each invoice required up to 24 manual checks, leading to payment delays, rising operational costs, damaged vendor relationships, and compliance issues. To address this, they partnered with vendor Mynd and implemented its MYNDAPX platform for intelligent automation.

Mynd's solution utilized GenAI-based OCR for touchless invoice processing with 95% data extraction accuracy, automated validation checks, and seamless ERP integration. The results were immediate, including a 50% drop in operating costs and a 100% compliance rate. The transformation allowed the company to scale effortlessly, improve cash flow, and repair strategic vendor relationships.