Invoice Capturing Battle: Human against AI
Is the AI really faster and more reliable than a human when accounting?
That’s exactly what we tested; our employee Lisa competed against the BLUDELTA AI.
Lisa regularly types up bills, but finds it rather boring. She processes our incoming and outgoing invoices on a monthly basis.
You can find out what the result was like here:
Automated Invoice Capturing a la carte
In this test we compare 3 types of Invoice Capturing using 25 example invoices:
Battle #1: Lisa without Assistance
Completely manual invoice entry: All values must first be found and then typed from the document into the form.
After the first few invoices, the constant concentration caused problems. Searching through documents for certain values with full attention and then typing them in with character accuracy is quite challenging.
The total duration of this manual invoice entry was 20 minutes and 28 seconds in our measurement, which results in an average time per invoice of 49 seconds. With this in mind: Rest in Peace, manual invoice capturing!
Battle #2: BLU DELTA captures, Lisa checks
Pre-entered values: The values found by the AI are all entered into the form, missing/wrong ones are added by the employee.
The pre-entered values were a great relief, and the complete invoice entry of the 25 documents was at least twice as fast.
This type of document capture took a total of just 6 minutes and 26 seconds, making 15! seconds per invoice, i.e. 3 times faster than just entering it manually!
Battle #3: BLU DELTA works, Lisa takes a break
Fully automated: Invoices that have been recognized with a sufficient score are no longer displayed to the employee, but are processed directly. Missing/incorrect values are reentered manually again.
All invoices could be processed in a fraction of the original time, since most were no longer suggested for additional testing or supplementation.
Thanks to the fully automated document processing by BLUDELTA, a total time of 3 minutes and 55 seconds could be achieved, which results in an unbeatable average time of 9 seconds per invoice. So five times faster than entering invoices manually!
|Time savings in %||69,36%||81,62%|
Conclusion of the automated invoice entry with the BLUDELTA AI:
Already with the semi-automatic recording by the artificial intelligence and the values already pre-entered, you save a lot of time and effort.
The fully automated processing can save further time, since documents that have been recognized completely correctly are no longer suggested for checking.
In our example, our colleague prefers to spend the time dealing with current HR issues and the concerns of our team.
How would you rather spend intelligently saved time?
BLU DELTA is a product for the automated capture of financial documents. Partners, but also our customers’ finance departments, accounts payable clerks and tax consultants can use BLU DELTA to immediately relieve their employees of the time-consuming and mostly manual entry of documents by using BLU DELTA AI and Cloud.
Blumatix Intelligence GmbH keeps it as its goal to make the strenuous everyday work easier with artificial intelligence and to always draw added value for everyone from shared intelligence.
Author: Christian Weiler is a former General Manager of a global IT company based in Seattle/US. Since 2016, Christian Weiler has been increasingly active in various roles in the field of artificial intelligence and has strengthened the management team of Blumatix Intelligence GmbH since 2018.
Author: Andrea Pauritsch studied Information Technology and System Management at the University of Applied Sciences in Salzburg after completing her training at the Federal Commercial Academy in Hollabrunn, while working at the IT Helpdesk. Since January 2022 she has been supporting the Blumatix Intelligence GmbH team in the areas of customer service, marketing and data management