Quick Overview
ARAG leveraged Rydoo’s AI to scan receipts and autofill expense details with over 95% accuracy. Automated approval workflows prioritize manual review for complex or high-value expenses, enabling faster, error-free submissions. This resulted in significant cost savings, nearly 100% digital workflow, and faster approvals.
ARAG
Company Size
Not publicly disclosed
Revenue Range
Not publicly disclosed
Primary Challenge
Reducing errors and delays in expense reporting and approvals
Key Metrics
\- 95%+ autofill accuracy\- Near 100% digital workflow\- Faster approvals\- Significant cost savings
The Problem
Manual entry errors and slow approval processes increased costs and delayed reimbursements
The Solution
AI-powered receipt scanning, autofill, and rule-based automated approval workflows
Results
\- Faster, more accurate expense submissions\- Reduced manual workload\- Improved compliance and cost control
Details
Industry
Finance & Banking
Departments
Finance & Accounting
Use Cases
Expense Management
Tags
GenAI
NLP
Scalability
Team Efficiency
Time-Saving
AI Tools Used
No items found.
Sources
https://www.rydoo.com/resources/case-study/other/ai-data-expense-management-arag/
More Case Studies
See All
How Jones Day Uses RelativityOne AI to Automate Document Review and Reduce Costs
Legal
How Influencer Marketing Factory Automated Outreach and Boosted Brand Awareness with Reply.io
Professional Services & Consulting
How Tommy Hilfiger Uses AI and Metaverse Fashion Week to Innovate Digital Fashion and Engage New Audiences
Retail & E-commerce
How Google Uses AI and Machine Learning to Enhance Its OKR System for Dynamic Goal Setting and Performance Tracking
Technology & SaaS
How Philippine Manufacturing Company Transformed Contract Management with Lexagle’s AI-Powered Platform
Manufacturing
How eye-oo Boosted Sales by 25% and Increased Conversion 5x with Tidio and Lyro AI
Retail & E-commerce