National news publication Newsweek honored intelligent automation technology provider ABBYY recently when it named the Austin, Texas-based software company as the “AI in Finance: Best Outcomes” winner in its AI Impact Awards.
According to the company, award judges noted the “measurable impact” its AI-powered intelligent document processing solution had on the elimination of manual invoice processing for finance departments and the accounts payable function.
“We are honored to be recognized by the Newsweek AI Impact Awards for the success our customers achieve using ABBYY Document AI. This win underscores our leadership in intelligent automation and commitment to helping businesses harness the power of AI,” said Ulf Persson, CEO of ABBYY. “While this award recognizes our impact in accounts payable and invoice processing, our customers across all functions of the business experience the same results whether it’s for claims processing, retail lending, customs declarations, tax preparation, trade finance, customer onboarding, or health records digitalization and prior authorization.”
ABBYY’s entry detailed results achieved by some of its customers including an Australian dairy cooperative and an auto parts and accessories provider.