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Austrade transformed Invoicing process with Turium’s Enigma (E-Invoice and iOCR), aligning with PEPPOL Mandate for their Entire Network
99%
100%
60%
Reduction in Invoicing Errors
PEPPOL Compliance Achievement
Invoice Approval Speed Increase
“Turium’s Enigma solution changed our invoicing processes, aligning us perfectly with the PEPPOL mandate. The efficiency gains and error reductions have been a bonus, allowing us to focus on higher-value tasks and improve ecosystem relationships.”
Drivers for Change
The Australian Trade and Investment Commission (Austrade) is the Government’s trade, investment and education promotion agency and is also responsible for tourism policy, programs and research. Austrade was looking for new technologies and methods to tackle inefficiencies and compliance issues in their invoicing processes leading to manual data entry errors, processing delays, and increased operational costs for their entire network.
Solution
Turium implemented Enigma which automated e-invoicing, eliminating manual data entry and paper-based processes. Enigma’s iOCR (Intelligent Optical Character Recognition) facilitated faster and more accurate approvals by automatically extracting and validating invoice data. Streamlined data collection and organisation through SAP integration, improving reporting and analysis capabilities. Work Delivered:
- E-Invoice Access Point: PEPPOL registration (SMK/SML/SMP/AP), Reporting Dashboard
- iOCR: Augmented AI Solution Implementation
- API + Event-driven integration (embedded) for SAP ECC
- Finance and IT Consulting & Training Services
Impact
Reduced manual errors by up to 99%, improving data reliability and compliance. Enhanced fraud detection and minimised discrepancies through automated Human in the loop (HIL) validation. Freed up finance and IT staff from tedious data entry for higher-value tasks. Faster invoice processing and approvals, leading to quicker payments and improved vendor relationships. Met ATO e-invoicing mandates effortlessly. Went live in 3 months.
