Vodafone PLC is a British multinational telecommunications company serving millions of customers globally. It provides networks, mobile contracts, business accounts, and a wide range of telecom services.
Challenge
Vodafone’s manual invoice reconciliation process was slow, labour-intensive, and prone to errors. With global operations generating vast volumes of invoices, the inefficiencies caused delays in matching records, increased operational costs, and created inconsistencies in financial reporting.
They needed a scalable, automated solution that could improve accuracy, reduce processing time, and seamlessly integrate with their existing reporting workflows – freeing teams from repetitive manual tasks.
Solution
Vodafone’s manual invoice reconciliation process was slow, labour-intensive, and prone to errors. With global operations generating vast volumes of invoices, the inefficiencies caused delays in matching records, increased operational costs, and created inconsistencies in financial reporting.
They needed a scalable, automated solution that could improve accuracy, reduce processing time, and seamlessly integrate with their existing reporting workflows – freeing teams from repetitive manual tasks.
Services used
- Amazon Textract
- Amazon SageMaker
- Amazon DynamoDB
- Amazon Kinesis
The Results
- 95% invoice matching success rate
- 95% invoice matching success rate
- Lowered error rates through AI-driven accuracy
- Freed up accountancy resources for higher-value work
- Cloud-based scalability for global operations
