Automation of the electronic incoming invoice process

Post Business Solutions Service: Intelligent invoice capture

Industry: Electricity, gas and district heating providers

EVN Bulgaria is a subsidiary of the Austrian company EVN AG and is one of the leading energy providers in south-eastern Bulgaria. The company operates in electricity distribution and supply, district heating production and supply, as well as energy trading and CO₂ certificate trading. EVN Bulgaria supplies around 1.6 million electricity customers and more than 31,000 district heating customers.

The challenge and our solution

Below, you will find an overview of the initial situation at EVN Bulgaria Group and our solution.

Challenge Solution

The EVN Bulgaria Group processes a large number of incoming invoices from various suppliers every day. The manual handling and distribution of these documents was time-consuming and prone to errors. In particular, the unstructured electronic receipt of invoices made efficient further processing more difficult.

By implementing the invoice reader from Post Business Solutions, the EVN Bulgaria Group automated its electronic incoming invoice process using Intelligent Document Processing (IDP). The IDP platform DAiTA enables intelligent extraction of relevant invoice data, matching with supplier master data, and the targeted routing of incorrect or incomplete invoices. As a result, the entire workflow has become more efficient, processing times have been significantly reduced and potential sources of error have been minimised.

The result of our collaboration

Since the introduction of DAiTA, the IIntelligent Document Processing platform, approximately 4,000 incoming invoices have been received digitally every month. Thanks to automated document processing, the processing time per invoice was reduced from 10 seconds to 3 seconds.

Go to solution

What the EVN Bulgaria Group says about the collaboration

"With the introduction of the IDP platform DAiTA, we have significantly reduced our processing time per incoming invoice. Automation not only saves time, but also increases the accuracy and efficiency of our processes."

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