customer stories

Tigris Fulfilment Partners saves 80% time on invoice processing using Nanonets AP Automation workflows

40 Hrs / Week

Man-Hours Saved

80%

Time Reduction in processing vendor invoices

>95%

Invoice Data extraction accuracy

Industry
Logistics
Document types
Invoices, Purchase Orders and Bills
Location
Atlanta, Georgia, US
Integrations
Netsuite

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Client:

Tigris Fulfilment Partners

Tigris Fulfilment Partners, based in Georgia, US, is a leading master distributor in the kitchen and bath segment. They boast thousands of stocked products and logistical capabilities to move them nationwide.

Listening to their clients is at the core of their approach. They not only hear concerns but also embrace them, always striving to find solutions with a resounding "Yes." Whether clients are wholesalers in need of immediate product availability or e-commerce platforms seeking reliable long-term fulfillment services, Tigris is their trusted partner.

go to workfLow

We came to know of Nanonets while browsing on the net and narrowed in a few options before asking for demos. Intuitive platform, easy workflow steps and export to webhook for Netsuite integration helped us zero-in on Nanonets.

Christopher Sell, Senior Analyst

The Challenge

As the demand for e-commerce continues to surge, achieving same-day inventory shipping turnaround and efficient last-mile delivery has become imperative. In this fiercely competitive market characterized by a high volume of invoices, Tigris encountered challenges with manual entry accuracy. Consequently, the company sought a solution to expedite processes and enhance accuracy. After evaluating various options, including Textract, Abby, Kofax, and Rossum, the team ultimately opted for Nanonets due to its higher accuracy and lower latency.

As the demand from our e-commerce partners and online retailers grew, manually processing large volumes of invoice data was becoming an issue. We send our documents to Nanonets via email, post which they extract and validate the data. With this new step, we have seen significant time savings and improved accuracy.

Christopher Sell, Senior Analyst

The Solution

Tigris started off with 5 AI-powered models for extracting data from vendor invoices and purchase orders. Tigris emails these documents and Nanonets processes each document. Additional custom workflows on the platform include data enrichment and validation to ensure accuracy. After approving the data on Nanonet's platform, it hits their webhook where they perform further processing before importing to the ERP Netsuite.

The result

Before
~70% data extraction accuracy
Multiple Human Touchpoints
After
>95% data extraction accuracy
One Click Approval

The Result

With nanonets, Tigris has been able to streamline their overall operations. On a weekly basis, they easily save upto 40 man-hours. This has allowed them to focus more on our core business, and clear payments faster, resulting in faster fulfillment, efficient inventory management and streamlined logistics processes. By optimizing these aspects of the supply chain, they have further reduced lead times, minimized stockouts, and improved overall supply chain efficiency, resulting in cost savings and improved performance.

Learn more about Tigris here: https://www.tigris-fp.com/

We rarely need to reach out for support, but whenever we do, the response and service is good. In terms of time savings, the new process with Nanonets has easily saved the work of half an FTE.

Christopher Sell, Senior Analyst