Case Study: Sample Wholesale Ltd achieves faster, more automated invoice processing with Parashift

Sample Wholesale Ltd reduces invoice processing time by 80% with Parashift

The customer, Sample Wholesale Ltd, faced the challenge of manually processing invoices arriving in various formats and through multiple channels, which was time-consuming and prone to errors. They turned to the vendor Parashift for its sovereign document AI platform to automate their accounts payable workflow.

Parashift implemented a template-free data extraction solution with specialized Visual Language Models (VLM) that automatically consolidates all invoice channels and performs intelligent 3-way matching. The results for Sample Wholesale Ltd were significant, achieving an automation rate of over 90% on invoices and an 80% reduction in average processing time, all while ensuring 100% data sovereignty and compliance with regulations like DORA.

Sample Wholesale Ltd