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Zetes selects IRIS to automate its supplier invoice process

Zetes, a leading international technology company specializing in supply chain optimization and citizen identification solutions, has selected IRIS Information Management Solutions (IRIS IMS) to automate all of its accounts payable invoicing. Integrated with their ERP, and with an out-of-the-box recognition rate of over 90%, Zetes expects to save 35% time in this process.

Zetes guarantees the existence of the link between digital and physical worlds. Its solutions enable companies to benefit from unprecedented agility, visibility and traceability throughout their connected supply chain. Next to that, it provides governments and supranational institutions solutions to authenticate citizens for secure identity and travel documents and the creation of national registers or voter lists.

The rapid consultation of documents, particularly purchase invoices, is one of the objectives made possible thanks to the collaboration with IRIS IMS. Invoice data are extracted and transmitted to the ERP system, which reduces the encoding and verification tasks for the teams.

Danaé De Keyzer, Chief Financial Officer at Zetes

IRIS IMS immediately stood out, especially for the quality of its OCR. In the first test, even before training the system, around 90% of the entries were already recognized. This was a decisive criterion for us in terms of automating tasks and increasing efficiency!

Danaé De Keyze, Chief Financial Officer at Zetes

IRIS’ high quality OCR (Optical Character Recognition) technology has proven itself. When first used, it stood out for its instant efficiency and its ability to minimize the amount of human work.

To achieve an efficient solution, there is first of all the IRISXtract software, which identifies multiple purchase invoices, scans them and extracts the data to be stored in the content services platform IRISNext. The latter allows documents to be stored securely for a defined period of time and makes it easier to find documents.

Danaé De Keyzer, Chief Financial Officer at Zetes comments: “IRIS IMS was positioned well to respond to the specific needs requested, in particular thanks to its great expertise. With the help of the IRIS IMS team, we felt accompanied and enlightened about the different solutions available to help us realize our goals.”

Initially implemented in Zetes offices in three countries: Austria, Germany and Switzerland, the solution is currently being rolled out to offices in more than 10 other countries that have already expressed interest in these new technologies.

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