ICG’S SOLUTIONS FOR FINANCE EXECUTIVES
RELIABLY SOLVING COMPLEX BUSINESS PROBLEMS
OCR For Finance executives
ICG offers leading-edge OCR solutions equipped with AI and ML to achieve high rates of extraction and indexing. Some ways business executives can benefit from OCR are:
- Faster invoice processing
- Reduced labor costs
- Team members can be moved to more strategic initiatives
- Streamlined workflows direct information into your existing ERP
ICG’s OCR implementation at Love’s Travel Stops and Country Stores allowed the organization to achieve not only a ~99% extraction rate, but also an 80% rate of automatic key field indexing. Read the case study.
What finance executives are saying about ICG
“ICG’s vendor portal was the right solution for our business because we could introduce functionality over time. Between the Inquiry and Disputes models, our company was able to reallocate over 50% of those resources to other activities. In addition, the company was able to receive over 2,000 invoices per week to flow through the portal – it constantly saves time and money. A win-win all around. To be fair, I had some reservations about the degree of use we would actually achieve with our vendors, and in the end, I was astounded by the high adoption rate. We frequently heard vendors cite the ease of use as a strong driver to get them to use the portal features. Our experience was nothing short of astounding!”
Choose & Customize Your Solutions
NonPO and PO Automated Workflows
ICG’s automated workflow and approval routing solutions are game-changers for the teams you oversee. Here’s how it can help make your experience stress-free:
- Pre-define approval routing based on department, amount, and vendor, based on your specific requirements
- Automate 2, 3, and 4-way matching along with routing based on outcomes
- Use AI and ML for anomaly detection, exception routing, duplicate checks, and more
Reporting and Dashboards
This solution provides insights into high-level metrics, making it easier for business executives to find important information at a glance. For example:
- Cost per invoice
- Invoice processing time
- Days payable outstanding
- Total spend
Working with finance executives at:
Our Process
Document Analysis
ICG runs a large sampling of your documents against our solutions to help you visualize what we can do before you invest.
Reinforcement Learning
Our solutions have built-in reinforcement learning that improves results without your team intervening.
Augment Existing Technology
ICG’s solutions are meant to enhance your existing technology, not replace it.
Our Process
Document Analysis
ICG runs a large sampling of your documents against our solutions to help you visualize what we can do before you invest.
Reinforcement Learning
Our solutions have built-in reinforcement learning that improves results without your team intervening.
Augment Existing Technology
ICG’s solutions are meant to enhance your existing technology, not replace it.
Responsible AI
At ICG, we believe that trustworthy outcomes are of utmost importance. That’s why ICG is committed to using only responsible AI in all of our solutions. Using guardrails and rules, we create secure, reliable software that utilizes AI to minimize hallucinations and stay on the leading edge of technology.
Integrate With Your Current ERP
When your ERP can’t provide you with the process efficiencies your organization needs, ICG’s bolt-on solutions are a great option because they are all ERP agnostic. This simplifies the process of making changes to your ERP when switching or replacing isn’t an option.
See ICG's solutions in action
Schedule your free demo by filling out the form below.