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 TechnoDiet Consulting 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 TechnoDiet Consulting
Technodiet Consulting LLC is an IT Consulting Company within the Dallas Metropolitan Region that specializes in information systems and Software sales. From day one, Technodiet Consulting has strived to serve its clients with honesty and integrity while providing them with the best technology solutions for their business needs. In doing so, we evoke teamwork and client collaboration, along with hard work and accountability, to earn the privilege to be "Your Partner in Technology Solutions."
We also pride ourselves on relationships that produce results. Working together with clients, our long-term alliances bring success to all parties involved. In this way, our work reflects who we are and what we value.
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