Supplier invoices read, coded and posted to Xero
- The situation
- A 40-person wholesaler. Three people key supplier PDFs into Xero by hand, about 15 hours a week between them. Coding lines to the right account depends on who is doing it.
- What we'd do
- Week 1: the Walkthrough, watching the real process and collecting 100 recent invoices to test against.
- Weeks 2 to 4: AI reads each invoice, picks out supplier, date, lines and VAT, classifies each line to a nominal code, and matches it to the purchase order.
- Week 5: invoices post to Xero as drafts. Anything the system is unsure about goes to a person to check. Handover and training.
- Price and time
- Walkthrough £1,950, credited against the Build. Build from £6,500. Running costs around £50 a month.
- What to expect
- Typically 50 to 70% of the keying removed. 15 hours a week is about £15,600 a year, so that is roughly £7,800 to £10,900 a year back. The Build pays for itself in about 8 to 11 months.
- What could change it
- Very inconsistent supplier layouts, handwritten notes on invoices, or a chart of accounts that needs tidying first.
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