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 SafePC Solutions 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 SafePC Solutions
SafePC Solutions is a leading Information Technology provider focused on application development, cloud computing, and IT security compliance related to the NIST Framework and CMMC.
Our focus areas are solving some of the most challenging IT problems, and creating solutions that improve our clients' Return on Investment (ROI). Over the past few years, we have made the SafePC Cloud division which focuses on data-backup solutions that involve developing a strategy for multi-cloud hybrid solutions. We also have created the SafePC EdTech division to provide IT training and Microsoft-related certifications to bridge the digital divide among women and minorities.
SafePC Solutions is a member of the Cybersecurity Tech Accord, and we are required to set up the Coordinated Vulnerability Disclosure (CVD)
Sign in with LinkedIn