CLEVELAND – June 23, 2022 – Relish, a leading provider of enterprise applications solutions, today announced that its Relish Invoice AI solution has been selected as the winner of the “AIOps Solution of the Year” award in the fifth annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market today.
Relish Invoice AI provides an autonomous invoice intake channel to read, enrich, optimize, and validate supplier invoices. Using ML, AI and the Relish Platform, all invoices are automatically digitized without human interaction.
With Invoice AI, all invoices are collected, digitized, formatted, validated, and integrated via automatic invoice digitization. Users receive all invoices, regardless of format, digitally and converted to their preferred format. The AI-based invoice digitization is based on PO expectations and emailed PDF, CSV, XLS, JPG files are automatically queued for digitization.
Meanwhile, an AI-enhanced OCR system finds details from the header and lines. Additional sources like government XML can be routed similarly.
Additionally, Relish Invoice AI works directly with suppliers to deliver valid digital invoices to the AP process. The solution also allows for the addressing of invoice rejections and warnings to suppliers before submission.
“On the surface, an invoice is a simple document – a request for payment for product or services provided. But it’s really a dynamic document with many external and internal dependencies to create and approve the payment,” said Ryan Walicki, Relish Co-founder. “Using Invoice AI, invoices are automatically digitized without human input. Relish fully understands enterprise software gaps and is obsessed with building a scalable solution to remedy them. In fact, we’ve developed and delivered these scalable solutions to enterprises so they don’t have to.”
The mission of the AI Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of AI and machine learning related categories, including AI platforms, Deep Learning, Smart Robotics, Business Intelligence, Natural Language Processing, industry specific AI applications and many more. This year’s program attracted more than 2,950 nominations from over 18 different countries throughout the world.
“Traditionally, an invoice requires a level of human interaction that ends up creating wasted resources and errors and while enterprise systems were built to solve this problem the reality is that many challenges remain,” said James Johnson, Managing Director, AI Breakthrough. “Relish Invoice AI addresses these challenges head-on, replacing the headache of an AP clerk opening an email and trying to decipher who, what, when and where and to validate supplier invoices. We extend our sincere congratulations to the Relish team on winning ‘AIOps Solution of the Year.’”
####
About Relish
Relish apps strategically extend enterprise applications to maximize investment. Rarely does an enterprise software solution meet all user requirements. At Relish, we fully understand enterprise software gaps and are obsessed with building a scalable solution to remedy them.
Relish delivers scalable solutions that are otherwise only imagined. Leading enterprise software providers relish our solutions, and you will too.
About AI Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including AI Platforms, Robotics, Business Intelligence, AI Hardware, NLP, Vision, Biometrics and more. For more information visit AIBreakthroughAwards.com.