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 RIPEVA LLC 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 RIPEVA LLC
We were founded based on a belief stemming from both a passion for computers and of helping people get the most out of their technology. After years of working with IT and being a proud member of the local community, we followed a dream to create the best computer repair and support available in the area.
Our business is based on delivering fast, friendly, and quality tech support to home and small business clients at prices that are affordable for any budget. We think great IT support should be available to everyone.
We are not like the other guys. When you work with us, you’ll find that technology can be a fun tool, engaging, and can help propel growth of your business. We don’t just sell you software or hardware, we are here to be your IT partner.
We want to learn about your needs, so we can tailor a solution that fits you just right. Whether you need a home Wi-Fi network set up or have a business requirement for data security, we have the experience that can help.
We invite you to contact us any time to chat about your IT needs or your business needs. We would like to show you why so many trust our company for all their computer needs and have been clients and friends for years.
Sign in with LinkedIn