Pain Point:
CFOs often struggle with tedious manual data entry that slows invoice processing and increases errors.
Solution:
Adopt an AI‐powered invoice processing tool like InvoiceMaster AI that automatically captures and codes invoice data.
– Cost: ~$5,000/year
– Implementation Timeline: 6 weeks
Scrum Process:
- Product Backlog: Document manual entry issues and define automation requirements.
- Sprint 1 (2 weeks): Develop integration with data capture (OCR + AI).
- Sprint 2 (2 weeks): Test automated coding and validation rules.
- Sprint 3 (2 weeks): Deploy and gather user feedback.
- Review & Retrospective: Adjust workflows based on CFO insights.
Outcome:
Streamlined invoice entry, fewer errors, and significant time savings.
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