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Datamatics ThoughtPod

Transforming Vendor Reconciliation: How One of the World's Largest Universities Streamlined Operations with Datamatics

28 Mar 2025

Description

​In this episode, we explore how one of the world's largest universities transformed its vendor reconciliation process by implementing Datamatics' Intelligent Document Processing solution, TruCap+. The university faced challenges with unstructured documents received in various formats—emails, CRM systems, and paper—which led to errors and inefficiencies in manual data entry. By adopting TruCap+, the university automated data extraction from these diverse documents, significantly reducing response times to vendors from three days to just 30 minutes. This automation also streamlined the processing of statements, which previously took days, now completed in mere minutes, enhancing overall efficiency.​To read the entire case study, click here: https://www.datamatics.com/resources/case-studies/trucap-helps-in-data-capture-in-vendor-reconciliation-process-for-one-of-worlds-largest-university

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