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Experience with Vic.ai

Posted by Alexander Hagerup on Sep 4, 2019 8:37:00 AM
Alexander Hagerup
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Experience with Vic.ai

How has Ignite Spot’s experience been with Vic .ai? It all started by trying out Vic .ai’s artificial intelligence on just a few clients and eventually scaling it out from there.

The following is an excerpt from our webinar, “Automating Accounts Payable (AP): How Ignite Spot Accounting Services Automates AP, Removes Human Error, and Improves Client Services.”

Invoice Processing in Minutes (Not Hours)

Ignite Spot received an invoice from one of its vendors each month that contained about 250 lines. There was job costing related to item detail that was associated with it. Hours of work went into entering and validating this invoice. 

After speaking with Alex at Vic .ai, Ignite Spot could now import this invoice into QuickBooks in less than five minutes or ten minutes to review. This proved to Ignite Spot that the artificial intelligence actually works, and it reads all the lines on a very complex invoice. Next, Ignite Spot tried Vic.ai on some very simple invoices.  

Invoice Processing with Complete Accuracy

Before Vic.ai, that huge invoice took Ignite Spot hours to process each month. Today, it takes about ten minutes. Vic.ai reads all of the information, from the line item detail for each transaction as well as the job costing related details. In ten minutes each month, the invoice can be processed and reviewed with complete accuracy.

 

Are you interested in learning how Vic .ai’s artificial intelligence can cut down your invoice processing time from hours to minutes with very high accuracy? Tell us your thoughts in the section for comments below.

To learn how Ignite Spot Accounting Services automates AP, removes human error, and improves client services, watch the webinar recording on “Automating Accounts Payable (AP).”

Automating Accounts Payable (AP) | How Ignite Spot Accounting Services Automates AP, Removes Human Error, and Improves Client Services

Topics: Accounting

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