Case Study: Eurowag achieves 70% invoice automation with Rossum

Eurowag cuts invoice processing time by 55% with Rossum

Eurowag, a leading European fintech and mobility platform, faced significant challenges in its accounts payable process. The AP team was overwhelmed by manual data entry for 9,000 monthly invoices, which arrived at decentralized email addresses across countries. This led to errors, lost invoices, payment delays, and missed early payment discounts. To support business growth, Eurowag sought a scalable solution and partnered with vendor Rossum to modernize its processes.

The solution implemented was Rossum's AI document processing platform, integrated with Coupa, to create a streamlined AP workflow. This centralized invoice processing, automated data extraction, and provided master data matching. As a result, Eurowag achieved a 70% automation rate and cut its end-to-end invoice processing time by 55%, from 9 days to 4 days. On-time payments increased from 60% to over 90%. Rossum's platform allowed the AP team to redirect their focus from manual tasks to higher-value activities, significantly improving productivity and data quality.

Eurowag