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Title
DHL Supply Chain uses AI-powered intelligent document recognition for invoice processing in Oracle Fusion Cloud ERP
DHL Supply Chain moves from five ERP systems to one with Oracle Fusion Cloud ERP Skip to content Accessibility Policy Menu QUICK LINKS Cloud Database Java AI SU…
Description
DHL Supply Chain consolidated five ERP systems into one using Oracle Fusion Cloud ERP and adopted Oracle's AI-powered intelligent document recognition to process over 3 million invoices a year with less manual work and higher accuracy, freeing the finance team to focus on higher-value activities.
…DHL Group uses Oracle Cloud ERP for a more standardized and effective process. The company handles well over 3 million invoices a year, and they come in all kinds of formats. It now taps Oracle’s AI-powered intelli…
Company
DHL Supply Chain
DHL Supply Chain moves from five ERP systems to one with Oracle Fusion Cloud ERP Skip to content Accessibility Policy Menu QUICK LINKS Cloud Database Java AI SU…
Problem
DHL Supply Chain was using five ERP systems, with another 30-some add-on applications supporting finance functions; five ERPs meant regional accounting hubs used different master data models and charts of accounts, so any change in business strategy or regulatory requirements took too long to implement.
…ance operations, however, DHL Supply Chain lacked that kind of standardization. It was using five ERP systems, with another 30-some add-on applications supporting finance functions. Five ERPs meant regional accounting hubs were using different master data model…
Solution
DHL Supply Chain moved its global finance organization onto Oracle Fusion Cloud ERP with a single platform, data model and chart of accounts, and now taps Oracle's AI-powered intelligent document recognition capabilities to get invoices into the ERP system with less manual work and higher accuracy.
…les well over 3 million invoices a year, and they come in all kinds of formats. It now taps Oracle’s AI-powered intelligent document recognition capabilities to get invoices into the ERP system with less manual work and higher accuracy. “It has helped our finance community with a relatively labor-intensive process…
Business value
The move cut supporting finance applications by 70%, let the team implement business and regulatory changes faster, and DHL Supply Chain now handles well over 3 million invoices a year with intelligent document recognition, helping the finance community focus more on higher-value activities rather than processing invoices.
…s, helping the finance team to deliver more consistent service and performance. It helped the team cut supporting finance applications by 70%. The finance organization also implemented business and regulatory changes notic…
Headline outcome
…s, helping the finance team to deliver more consistent service and performance. It helped the team cut supporting finance applications by 70%. The finance organization also implemented business and regulatory changes notic…
Use case type
Document processing
…les well over 3 million invoices a year, and they come in all kinds of formats. It now taps Oracle’s AI-powered intelligent document recognition capabilities to get invoices into the ERP system with less manual work and higher accuracy. “It has helped our finance community with a relatively labor-intensive process…
AI capabilities
Document Intelligence
…on invoices a year, and they come in all kinds of formats. It now taps Oracle’s AI-powered intelligent document recognition capabilities to get invoices into the ERP system with less manual work and higher accuracy.…
Industry
Logistics
…broader industry expertise on best practices and processes. About the customer DHL Supply Chain, part of the DHL Group, is the world’s leading logistics provider. It combines management and value-added services with integrated logistics solut…
Technology
Oracle Fusion Cloud ERP, Oracle Intelligent Document Recognition
DHL Supply Chain moves from five ERP systems to one with Oracle Fusion Cloud ERP Skip to content Accessibility Policy Menu QUICK LINKS Cloud Database Java AI SU…
…on invoices a year, and they come in all kinds of formats. It now taps Oracle’s AI-powered intelligent document recognition capabilities to get invoices into the ERP system with less manual work and high…
Country
Germany
…and gains better business insights, while trimming 70% of finance applications. Germany | Transportation of Goods “ We chose Oracle Fusion Cloud ERP because of the depth and the breadth of the…
Deployment model
cloud
DHL Supply Chain moves from five ERP systems to one with Oracle Fusion Cloud ERP Skip to content Accessibility Policy Menu QUICK LINKS Cloud Database Java AI SU…
Deployment options
cloud
DHL Supply Chain moves from five ERP systems to one with Oracle Fusion Cloud ERP Skip to content Accessibility Policy Menu QUICK LINKS Cloud Database Java AI SU…
