AUTOMATED INVOICE PROCESSING USING AI

Faster, Better, Cheaper

    Financial Institutions deal with significant manual efforts in processing invoices despite investing in automated tools and processes. We eliminate this manual effort by leveraging AI.

    Magic DeepSight automatically extracts expense items from a variety of sources of invoices, understands complex expense allocation rules and integrates seamlessly with expense management platforms.

    INVOICE MANAGEMENT PROCESSES DEFINED WITH DEEPSIGHT

    How It Works

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    BENEFITS

    Reduce revenue loss that occurs from missed and misallocated expenses

    Save costs of manual data entry

    Save up to 25,000 hours of rework, fixing mistakes caused by human errors.

    Faster expense allocation for more accurate fund valuation

    Enhance benefits of existing investment in expense management system

    Higher employee engagement

    what our clients say

    “The product is streamlined, the extracted data is reliable, and the documentation is clear. Their approach of integrated accelerators is suitable since we have several internal business applications across multiple workflows. We are looking forward to using their services over the years” 

    Senior Partner, $14.3Bn New York fund manager

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    TECHNOLOGIES USED

    Optical Character Recognition

    Natural Language Processing

    Artificial
    Intelligence

    Robotic Process Automation

    Machine
    Learning

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    Case Studies

    Cloud and DevOps Implementation for a Climate Deep Technology Organization

    From Product to SaaS: How Magic Finserv’s Cloud DevOps Solutions Enabled a Leading Fintech Company’s Go-to-Market Acceleration

    End-to-End Integration Testing for a Leading Buy-Side Firm

    API Automation for a Leading Global FinTech

    Cloud Transformation of Legacy Database

    QA Automation
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