ABBYY helps Nagarro Improve Customers’ Visibility and Reduce Invoice Processing Time by 60%

MILPITAS, Calif., April 9, 2024 — ABBYY, a leader in purpose-built AI for intelligent automation, today announced that Nagarro improved its invoice processing lifecycle by deploying ABBYY Vantage into its global SAP unit’s Invoice Scanner for SAP S/4HANA®. Nagarro is now able to provide customers more visibility into the amount of money saved using Invoice Scanner over manual methods while reducing invoice processing times by 60% and increasing accuracy. ABBYY Vantage is an industry-leading intelligent document processing platform (IDP) that uses AI to automatically read and understand documents like humans and was a driving factor in enabling Nagarro to realize significant operational enhancements.

“Since adopting ABBYY Vantage, we’ve seen remarkable improvements. The improved browser user interface and very good scanning results have significantly improved our document processing, saving time and resources,” said Ulrich Winter, Head of Application Development at Nagarro.

Faced with the challenges of manual invoice handling, Nagarro needed an intelligent automation solution that could process thousands of invoices annually for its global invoice processing management system spanning 36 countries. The Nagarro Invoice Scanner can now scan invoices received via PDF and automatically transfer the data into SAP S/4HANA, helping Nagarro and Nagarro’s customers make more informed decisions quickly and optimize cash flow while maintaining reliability.

“We’re honored to be a part of Nagarro’s digital journey,” said Neil Murphy, Chief Sales Officer at ABBYY. “With ABBYY Vantage, Nagarro has redefined operational excellence in invoice management. Our commitment is unwavering—to deliver solutions that go beyond expectations, driving tangible business growth for our valued customers. This successful implementation underscores ABBYY’s commitment to driving efficiency and innovation in business-critical business processes.’’

ABBYY Vantage is an IDP platform that revolutionized enterprise document process automation by offering a low-code/no-code environment. It enables organizations to automate manual tasks involved in capturing and extracting data from documents, improve accuracy and efficiency, and has connectors to leading intelligent automation systems such as SAP. Vantage provides pre-trained AI extraction models/skills to process structured, semi-structured, and unstructured documents with high accuracy. By empowering organizations like Nagarro with purpose-built AI, ABBYY continues to redefine industry standards and pave the way for digital transformation.