L3 vendor Postbox Global - CygnetOne

How will it benefit you?

AI-enabled Intelligent Document Processing

Our purchase automation software extracts data from scanned invoices into machine-readable data to record purchases in business systems avoiding discrepancies in the process

Post-only verified purchases

Reconcile the purchase invoices with PO and GRN before recording the purchases

Increased transparency

The status is updated at every stage of the accounts payable workflow, increasing the transparency

Helps in automating payments

Take benefit of the discounts or enhance business relations with timely payments after approval of invoices and reclaim accurate VAT

Digitize purchase invoices and onboard multiple vendors seamlessly!

The traditional practice of manually posting purchase invoices in business source systems leads to manual errors/misses and often is a time-consuming entry process.

Extract purchase data from scanned or electronic invoices

Review and approve scanned data

Increased transparency and reduction in process cost up to 60%

Enable approval flow before posting

Reconcile the invoices with PO/GRN

One of the largest manufacturing conglomerates digitized purchase invoices and automated payment processes
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Value created by Cygnet

We are living the trust with…

23+

Years of Technology Experience

97%

Client Satisfaction Rate

15+

Clients’ complex legacy solutions modernized

99%

Projects delivered successfully with 750+ enterprise-class solutions

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