Case Study: onPhase achieves 88% invoice processing cost reduction with RapidScale AI automation

onPhase cuts invoice processing costs by 88% with RapidScale

onPhase, a financial automation and payment solutions provider, faced a significant challenge with its legacy invoice processing system. The process relied heavily on costly third-party OCR tools and a large team for manual exception handling, which created inefficiencies and hindered scalability. RapidScale partnered with onPhase to address this bottleneck.

RapidScale implemented a custom-built, AI-driven Smart Capture solution on AWS to automate invoice processing. This solution replaced the third-party OCR tools and dramatically reduced the need for manual intervention. The results for onPhase were an 88% reduction in invoice processing costs, projected annual savings of $1.5 million, and a 10x improvement in scaling capacity, providing a foundation for future innovation.

onPhase