Orby AI helps large enterprise companies improve productivity with automation powered by generative AI
A Fortune 10 company automates contract and invoice processing with Orby AI, resulting in an 85% improvement in productivity
Challenge
This shared service center processes a massive amount of invoices for payment every year. In order to accelerate the processing of these invoices, the company deployed Robotic Process Automation (RPA) and Intelligence Document Processing (IDP) tools. However, the automations from these tools struggled to adjust to the many different invoice templates from each new vendor, resulting in frequent broken automation workflows and extremely high maintenance costs.
Solution
Orby AI was able to speed up the entire process, reduce the resources required and deliver enough accuracy to be viable. Orby’s platform observed the process once and then automatically generated the automated workflow without the need for RPA developers or data scientists. Moving forward, these automated workflows continuously learn, practically eliminating the need for ongoing maintenance.
Result
After implementing Orby AI, our customer was able to increase cost savings and productivity by 85% and speed up processing time by over 70% while simultaneously improving supplier and employee experience. A 4X ROI was achieved for the project within days.
Fortune 300 e-commerce company reduces time to fulfill customer orders by 50% and saves 800 hours per employee per year
Fortune 500 enterprise uses Orby AI to reduce auditing costs by $2M
Challenge
A Fortune 500 company uses Concur to manage, approve, and audit employee expenses. As part of this process, their finance operations team must review each report to ensure it complies with the company’s expense policies. Due to the extreme volume of expense reports, the team was only able to review about 10% of the total expenses submitted, even though they suspected the non-compliance rate to be as high as 40%. The company needed a method to audit expenses that was both scalable and accurate.
Solution
The Fortune 500 company used Orby AI to quickly learn the company’s audit process by observing a user auditing a single expense report. After observing and learning the process, Orby AI was able to auto-generate an automation for the expense audit process. This automation was able to incorporate different compliance rules and analyze different receipts using AI and generally doesn’t require any human interaction.
Result
After using Orby AI to start automating the expense audit process, our customer was able to scale the number of expenses being reviewed, delivering over $2M in immediate savings by rejecting non-compliant expenses. Additionally, this enabled employees to focus their time and effort on more strategic work instead of simple and repetitive tasks, such as reviewing receipts.
Large tech company uses Orby AI to accelerate migration to a new contract management tool, reducing costs by 60% and migration time by 70%
Challenge
A large technology company’s legal team needed to migrate from a legacy system to a new CLM. As part of this migration, the company needed to manually identify 50 different fields from over 300,000 different contracts for entry into the new system. After conducting an internal analysis, the company determined that doing this manually would require 100 full time employees three years to complete. The team needed a scalable solution that could automate this process quickly while maintaining an extremely high level of accuracy.
Solution
The customer used Orby AI to capture the contract migration process in a few minutes. Rather than having employees spend 20+ minutes per contract manually extracting data, Orby’s platform processes contracts in seconds and then surfaces the contract to a human to review and confirm the automated data extraction. Once approved, the extracted data then is automatically dropped into the new CLM system. There was no training required, Orby learned from human user confirmation and continuously improved automatically.
Result
This large technology company was able to reduce the overall time and effort for the migration by 70% while also reducing costs by 60%. This resulted in a 3x ROI and drastically accelerated project timeline.
A large shared service center uses Orby AI to replace legacy RPA tech, drastically increasing the accuracy and lowering the costs of automating invoice processing
Challenge
This shared service center processes a massive amount of invoices for payment every year. In order to accelerate the processing of these invoices, the company deployed Robotic Process Automation (RPA) and Intelligence Document Processing (IDP) tools. However, the automations from these tools struggled to adjust to the many different invoice templates from each new vendor, resulting in frequent broken automation workflows and extremely high maintenance costs.
Solution
The shared service center used Orby AI to quickly learn the invoice review process and auto-generate an automation in under 5 minutes. Equally importantly, moving forward, traditional maintenance will not be required because Orby’s generative AI capabilities allow automated workflows to immediately adjust to new invoice templates from different vendors without any additional training or effort.
Result
Orby AI was able to deliver an automated workflow with 80% accuracy out of the box in just 5 minutes, with zero training required. After analyzing a handful of files, Orby AI was able to increase model accuracy to over 90%. Additionally, Orby automatically adjusted to new invoice templates and incorporated user feedback with zero maintenance required.