Euna Solutions, a leading provider of purpose-built, cloud-based solutions for the public sector, has announced the introduction of AI-powered Optical Character Recognition (OCR) into its Euna Procurement’s Invoicing module. This enhancement enables automatic reception and rekeying of invoices, transforming traditional invoice workflows by converting scanned and emailed PDFs into structured digital data.
The integration of AI aims to address the persistent challenge of manual invoice processing faced by procurement and Accounts Payable teams within public sector agencies. Mykola Konrad, Chief Product Officer at Euna Solutions, stated, “Manual invoice processing is a persistent challenge for procurement and Accounts Payable teams. AI is the natural tool to use to address this challenge – this new capability frees staff to focus on strategic initiatives and accelerate payment cycles, ultimately strengthening supplier relationships through faster, more accurate invoicing.”
With increasing invoice volumes and limited staff resources, public sector agencies require more efficient tools to maintain smooth operations. Euna Procurement’s AI-powered Invoicing module is designed to meet this demand, helping teams enhance speed, reduce risk, and ensure timely supplier payments. Key benefits of this AI-powered invoice automation include:
Automated Data Entry: Euna’s AI-powered OCR tool automatically reads and transcribes invoices submitted as PDFs within the system or via email, significantly reducing manual input and accelerating workflows.
Error Reduction: The system extracts key data points such as item numbers, descriptions, prices, and quantities from PDF invoices. This capability facilitates transactions with suppliers who may not use cXML, minimizing manual input errors.
Confidence Scoring: AI-powered error detection helps to ensure the accuracy of captured data, mitigating the risk of human error during the process.
Faster Workflows: Invoices are processed more quickly from submission to approval, accelerating processing timelines and enabling Accounts Payable teams to increase efficiency.
Euna Solutions supports over 3,400 organizations across North America. The company specializes in cloud-based software for public sector and government entities, streamlining processes such as procurement, budgeting, payments, grants management, and special education administration.
