With automatic document matching, you can achieve…
Processing high volumes of documents without increasing human resources
Min 50% reduction in time to process bookings
£000s back into the business annually
Document Matching
Confirmations... Invoices... tickets. Travel has so many documents to process and all have to be matched and checked against your system, and this is usually done manually by your team.
The Challenge
Labour costs are high
There are slow processing speeds
Low productivity from staff
Low scalability
Human errors
We have fully automated the document matching process from the inbox to informing the customer
The matching rules are configurable and in your control
You only need to manage by exception and your resource can be better deployed elsewhere
Automatic Document Matching
A true business case
Out of a total of 9,648 documents, 0.05% or 5% are found to have errors due to not being checked. This translates to 48 invoices with errors, each resulting in an average revenue loss of £100 per document. Consequently, the annual revenue loss attributed to these unchecked documents amounts to £4,824 for the 0.05% error rate and £48,200 for the 5% error rate, underscoring the substantial financial impact of document errors that could have been prevented through automatic document matching.