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 Aavex Technology Corporation 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 Aavex Technology Corporation
Aavex Technology Corporation has been a leading Managed Security and Service Provider since 2002.
Business First • Security Focused• Effortless IT
We take a business first, security focused approach to providing our IT services. Aavex Technology Corporation specializes in wide range of services, including tailored IT services, hardware procurement, Cloud migration services, employee on-boarding and off-boarding checklists, network and IT infrastructure monitoring, Voice over IP and solutions for small and medium businesses and their owners in the Chicagoland area. We are committed to providing each one of our clients the highest level of quality service and support. Our unique IT team is incredibly friendly and can help you every step of the way in growing your business.
Assess • Deploy • Manage
Our approach uses our expertise to assess your IT infrastructure as it relates to your data assets and compares it to standards and processes, we have in place. Our standards will produce recommendations that result in a stable environment. The outcome is data assets that are kept confidential, unchanged, and available to your organization when you need it. Our helpdesk and on-site services will deliver the excellent support when you need it.
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