Euna’s latest AI-powered innovation, now available in Euna Procurement, transforms how agencies process invoices, saving time, improving accuracy, and unlocking strategic capacity.
Euna Solutions®, a leading provider of purpose-built, cloud-based solutions for the public sector, announces the ability to automatically receive and rekey invoices with the introduction of AI-powered Optical Character Recognition (OCR), a powerful enhancement to Euna Procurement’s Invoicing module. This capability transforms traditional invoice workflows by converting scanned and emailed PDFs into structured digital data, reducing friction and driving speed and accuracy across Accounts Payable operations.
“Manual invoice processing is a persistent challenge for procurement and Accounts Payable teams,” said Mykola Konrad, Chief Product Officer at Euna Solutions. “AI is the natural tool to use to address this challenge – this new capability frees staff to focus on strategic initiatives and accelerate payment cycles, ultimately strengthening supplier relationships through faster, more accurate invoicing.”
With invoice volumes rising and staff stretched thin, public sector agencies need smarter tools to keep operations running smoothly. Euna Procurement’s AI-powered Invoicing module is designed to meet that need, helping teams move faster, reducing risk, and ensuring supplier payments stay on track.
Key Benefits of AI-Powered Invoice Automation:
- Automated Data Entry: Euna’s AI tool (Optical Character Recognition – OCR) automatically reads and transcribes invoices submitted as PDFs within the system or via email, reducing manual input and accelerating workflows.
- Error Reduction: Key data points like item numbers, descriptions, prices, and quantities are extracted from PDF invoices, allowing buyers to more easily transact with suppliers without cXML capabilities, minimizing manual input errors.
- Confidence Scoring: AI-powered error detection helps to ensure the accuracy of captured data, mitigating the risk of human error in the process.
- Faster Workflows: Invoices are processed more quickly from submission to approval accelerating processing timelines, allowing Accounts Payable teams to accomplish more with less.
Learn more about Euna Procurement’s Invoicing module by visiting eunasolutions.com/solutions/procurement/invoicing.