Case Study: Countsy achieves 84% faster invoice processing with Vic.ai

Countsy processes invoices 84% faster with Vic.ai

Countsy, an outsourced accounting leader serving venture-backed startups, faced a challenge in manually processing up to 3,500 invoices monthly for its high-growth clients. This manual work was time-consuming and unsustainable, taking about 5 minutes per invoice and hindering scalability. To meet client demands for speed, especially during month-end close, Countsy sought a smarter solution and turned to the Vic.ai platform for AI-powered automation.

By implementing Vic.ai’s autonomous accounts payable solution, Countsy automated invoice ingestion and coding. The results were significant: 78% of invoices are now processed on full Autopilot with 95% accuracy, and processing time dropped by 84% to under 2 minutes per invoice. This efficiency gain saves hundreds of hours monthly, allowing Countsy to scale its services without proportionally increasing headcount. Vic.ai provided the scalable solution needed to support rapid client growth while protecting profit margins.

Countsy