https://rossum.ai/data-capture This presentation shows how the combination of Rossum’s AI invoice data capture tool and EY’s automation tools & finance know-how were the foundation for a game-changing solution for invoice processing. Great for partners, re-sellers or end users looking for a solution that can be easily integrated to automate data capture from invoices.

1. ROSSUM & EY:
NEXT
GENERATION
END-TO-END
INVOICE
PROCESSING

2. A combination of Rossum’s AI tool for invoice data capture
(Elis) and EY’s automation tools & finance know-how was
the foundation for a game-changing solution for invoice
processing.

3. EY used a traditional OCR provider, but since invoice
formats for each particular vendor needed to be manually
setup in those tools, they faced two issues...
How was EY used to extract invoice data?

4. Each project required a
huge amount of work
to setup and
continuously maintain
invoice templates,
putting the costs of the
project out of whack
(despite low nominal
costs of the OCR
product itself).
Setup and maintenance of templates

5. Only major suppliers
could be covered by
the traditional
template setup.
This meant that
reaching a high level
of AP automation
(at least 90+%) was
out of the question.
High level of automation not possible

6. How was the situation solved?
EY solved both problems at
once by implementing Elis,
invoice data capture tool
which uses artificial
intelligence to understand
documents, rather than
handcrafted rules or
templates.

7. All costs and HR
requirements connected
with setup and
maintenance
disappeared completely.
Even after project
implementation, Elis
continued to adapt and
automatically learn new
invoice formats as they
appeared.
No setup and maintenance costs

8. Consequently, artificial
intelligence learns by
itself as it processes
invoices and thus
reaches much higher
accuracy and increased
levels of automation.
Increased level of automation

9. New process setup for data extraction

10. Results after implementation
0
HOURS
1
HOUR
4
HOURS
0
HOURS
Time EY spent training client´s staff:
EY’s time to onboard each following
customer:
Time to setup and adjust templates:
EY´s time to onboard first customer into
Elis:

11. Who is Rossum?
Rossum provides a solution to
automate data extraction from
financial documents with Artificial
Intelligence to create a world without
manual data entry.
Elis, is the next generation invoice
data capture tool that works without
any specific rule or template setup.
Thanks to AI.

12. For more details contact:
Tobias Rataj, Head of Partnerships
✉ tobias.rataj@rossum.ai
www.rossum.ai
+44 20 3287 6959
+1 347 269 2599