Case Study: Bliss Point Media achieves 99% AP accuracy and $925K in savings with OpenEnvoy

Bliss Point Media’s Efficiency Peaks with OpenEnvoy’s Automation Platform

Bliss Point Media, a video advertising agency now known as Tinuiti, faced a significant challenge managing accounts payable during a period of hyper-growth. Their finance team was overwhelmed by thousands of complex, non-standardized invoices each month, which consumed hundreds of hours and hindered their ability to scale. They partnered with OpenEnvoy to streamline reconciliation, reduce manual work, and create a single source of truth for their invoicing.

The solution from OpenEnvoy used artificial intelligence to automate their AP processes, programmatically digitizing invoices, matching charges, and applying credit memos. This implementation delivered substantial results, automating 88% of invoices and identifying $925,000 in disputable overbillings within six months. OpenEnvoy provided 99% end-to-end accuracy, prevented $206,000 in excess AP, and ultimately delivered a 10x return on investment for the customer.

Bliss Point Media

Matt Cohen

Vice President of Finance