Natixis CIB in New York achieves 90% invoice processing accuracy with Power Platform | Microsoft Customer Stories
Manual invoice processing is a major roadblock to financial agility. This customer story reveals how Natixis Corporate & Investment Banking in New York achieved 90% accuracy in invoice processing by leveraging Microsoft Power Platform. Read how Power Platform empowered finance teams to streamline their workflows while staying compliant. Then connect with Ozkar Services to explore how your business can do the same.
What challenges did Natixis CIB NY face with invoice processing?
Natixis CIB NY struggled with manual invoice reconciliation, which led to inaccuracies, inefficiencies, and a higher risk of human error. Employees had to filter invoice emails and manually enter data into the purchasing system, resulting in a heavy workload and delays.
How did Power Platform improve invoice processing accuracy?
By implementing Microsoft Power Platform, specifically Power Automate and AI Builder, Natixis CIB NY automated the extraction of invoice data. This approach improved accuracy to 90% and allowed for better visibility and control over the invoicing process.
What benefits did Natixis CIB NY experience after automation?
The automation significantly reduced the manual workload, cutting down the effort of one full-time employee by more than half. It also enabled timely invoice reconciliation and payments, and provided senior management with better visibility into invoice processing, helping them make informed budget decisions.
Natixis CIB in New York achieves 90% invoice processing accuracy with Power Platform | Microsoft Customer Stories
published by Ozkar Services
Ozkar Services has provided Managed I.T Services to small to mid-size companies for over 15 years. Our services include System Monitoring, Proactive Maintenance, Network Security Monitoring, Remote & Onsite Support, and Security Incident Support. Some of our Core Competencies include; Computer System Managed IT Services, Cloud Services, Data Center Services, Professional Services, Network Support & Maintenance, Computer Disaster Recovery Solutions, Security Alarm System Sales, Data Processing and Web Hosting, Software & Application Implementation & Hosting.
Our services have helped many customers reduce IT downtime, security incidents, and cost while increasing their productivity by providing proactive I.T management. At Ozkar Services, we are committed to exceeding your expectations and ensuring your complete satisfaction. Our team believes in collaborative approach to finding the best solution for our customers I.T related issues.
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