Valtatech processes 99%+ of supplier invoices touchless, at 65%+ lower cost
Valtatech, a Melbourne source-to-pay provider, uses Docsumo to capture every line item on the supplier invoices it handles for clients, instead of keying them in by hand.
An Australian tax invoice from a supplier: INV-20417, a two-page PDF with 14 line items. Docsumo reads the purchase order number PO-48213, a subtotal of A$4,186.40 excluding GST, GST of A$418.64 and a total of A$4,605.04 including GST. The line items add up to the subtotal and the GST is 10% of it, so the invoice is ready for payment, and the approved data goes to the bill payment software as JSON by API.
Procurement and payables, automated across Asia Pacific.
ISO 27001 certifiedPeppol certifiedMelbourne · Sydney · Philippines · Singapore · India · MalaysiaValtatech is a Melbourne-based source-to-pay and accounts payable automation provider. It serves finance and procurement teams across Asia Pacific, helping them choose and implement procure-to-pay technology, then running invoice capture and Peppol eInvoicing for them.
- Source to payConsultingStrategy, technology choice and implementation.
- AP automationFull serviceInvoice capture and checks, with no manual data entry.
- Peppol eInvoicingAccess pointCertified in Australia, New Zealand, Singapore and Japan.
- projects completed
- 60+
- invoices through their platforms
- 6M
- suppliers on their platforms
- 85,000
Every payment waited on the typing.
Before Docsumo, an operations team keyed every invoice by hand.
- Invoices by email
- Paper scans
- Text or image PDFs
- A different layout for every supplier
- Unstructured invoices, no fixed fields
- Tables typed row by row
- SLAs depended on typing speed
- Approved invoice
- Bill payment software
Built around their invoices.
Docsumo is an intelligent document processing (IDP) platform.
- Many layouts
Every supplier's layout, one format
Invoices in any supplier's template come out as the same fields.
- Line items
Every line item, captured
Line items are read from unstructured invoices, so no one types them in.
- JSON by API
Straight into bill payment
Extracted data goes as JSON to their bill payment software, by API and iframe.
What changed at Valtatech.
| Before Docsumo | With Docsumo | |
|---|---|---|
| Touchless invoices | A person on every invoice | 99%+of invoices processed touchless |
| Data processing cost | Grew with every invoice keyed | 65%+lower data processing costs |
| The operations team's work | Keying line items from every supplier's template | Only the exceptions; the rest goes to bill payment |
See how invoice data extraction, accounts payable automation and the document extraction API work.
What Valtatech says
“Docsumo's self-learning capabilities and the accuracy of the invoice line-item data capture made it stand out for us.”
Jussi KarjalainenFounder & Managing Partner, ValtatechSee it on your documents.
Bring three of your hardest supplier invoices. We will run them on the call and show every field and every check.