Octacom
16 Case Studies
A Octacom Case Study
Ontario Power Generation (OPG) was managing 110,000 vendor invoices annually and sought to automate its accounts payable process. Its previous scanning and indexing service lacked sufficient automation and workflow. To address this challenge, OPG partnered with vendor Octacom to implement a comprehensive front-end AP automation solution, which utilized ReadSoft software for invoice processing and data capture.
Octacom's solution centralized invoice receipt, scanning, and OCR data capture, seamlessly integrating the processed data into OPG's SAP system. The results delivered significant cost savings for OPG by eliminating the need for an in-house investment, provided higher automation of repetitive tasks, and created major improvements in process turnaround times, with invoice data being securely uploaded within 48 hours of receipt.