AI case study

MedtronicInvoice processing

Teams spent 20 minutes matching each invoice. AI now reconciles poor scans and physical stamps in 8 seconds.

Published|10 months ago

Key results

Processing Time
8 secs
vs 20 minutes
Matching Accuracy
>99%

Result highlights

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The story

Context

One of the world's largest medical device companies, providing solutions in more than 150 countries with a portfolio spanning cardiovascular, neuroscience, and diabetes care.

Challenge

Teams spent up to 20 minutes per invoice manually matching billing documents against proof of delivery and purchase orders. This labor-intensive...

Solution
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Scope & timeline

  • Document matching automated in 4 weeks

Quotes

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The company

Medtronic logo

Medtronic

medtronic.com

Medical technology and devices for chronic disease management and surgery.

IndustryPharmaceuticals & Biotech
LocationDublin, Ireland
Employees50K-100K
Founded1949

The implementation partner

Neudesic logo

Neudesic

neudesic.com
Role in this case study

Customized the DIP Accelerator to integrate with Medtronic’s workflows and automate matching.

IndustryTechnology
LocationIrvine, CA, USA
Employees1K-5K
Founded2002

The vendor

Enterprise technology and consulting for cloud computing, AI, and business solutions.

IndustryTechnology
LocationArmonk, New York, United States
Employees100K+
Founded1911

Use case

Medtronic's Invoice processing is part of this use case:

Data Extraction
125 case studies(+55% YoY)
Proven impact?
LowModerateVery Strong
4.3Moderate
4.3Moderatewithin Pharmaceuticals & Biotech
3.3Moderatewithin Finance

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