Hermes is an industry-specific solution for the manufacturing and logistics industries. This billing solution helps companies keep track of their supply chains. It was developed using modern technology like AI, ML and RPA. This makes us the leader in our industry. This solution allows industry professionals to easily track account payables, leverage automation to speed up payments and combat loss.
The CFOs we spoke to said that the number one challenge they faced in AP Invoice Processing was the high volume of nonstandard invoices received in multiple formats from hundreds of vendors, mostly via email. Accounts Payable faced other concerns and challenges, including the need to manually verify and process invoices. This included checking for multiple validations of invoice accuracy and validity.