How does eye-share help me with insights and analysis?

With eye-share, you get the tools you need to efficiently collect, process and analyze data throughout the purchase-to-pay (P2P) process. The result? Better visibility, control and the ability to make smarter decisions. Let's take a closer look at how this works in practice.

Automatic data collection and processing

eye-share automatically collects data from various sources such as documents, email attachments and images. Using explainable artificial intelligence (XAI) and machine learning, we ensure accuracy, reducing the need for manual input. Even large amounts of data are easily handled and stored for future analysis.

Here are some of the methods eye-share uses to capture data:

1. Optical Character Recognition (OCR)

eye-share uses OCR technology to read text from digital images of documents. This makes it easy to extract data from different document formats.

2. Machine learning

eye-share's algorithms are trained to recognize specific document types, such as invoices and purchase orders, and extract key information such as invoice number, date and amount. The information is automatically categorized, so you get it in the right place right away.

Accurate data validation and verification

Using rule-based logic and AI, eye-share validates the data to ensure it's correct. The system checks the data against known parameters and flags any discrepancies for manual review. Once everything is in place, the data is seamlessly integrated into your work processes - from databases to reporting.

Continuous learning

eye-share gets smarter with every interaction. Through user feedback and manual adjustments, the AI system becomes increasingly precise, ensuring even more efficient data collection and processing over time.

Read the blog article As a CFO, you need to know this about AI

Collect all data in one place

Once collected, your data is stored in a centralized data warehouse. Here you have everything you need to analyze and visualize information in reports and dashboards. This allows you to make decisions based on up-to-date and accurate information. In addition, compliance with privacy policies can be maintained and easily reviewed with such centralized data storage.

Advanced analytics tools

eye-share gives you access to advanced analytics, made available in reports in tools such as Power BI. Interactive dashboards enable you to make full use of the data - without having to be a data expert. With real-time insights, you can react quickly to emerging trends and challenges. Dashboards and reports can be customized exactly to your needs, so you always have the right information at hand.

Examples of insights you get from eye-share:

• Gain full visibility of your supply chain - from sourcing to delivery.
• Identify risks and take action early.
• Discover opportunities for cost savings, process improvements or sustainable solutions.

The strategic advantage of eye-share

eye-share helps you gain overview and insight through automated data collection and advanced analytics tools. This makes it easier to streamline your P2P processes, enabling you to optimize operations, find new opportunities and make better decisions - based on up-to-date information.

With eye-share, you can use your data to drive growth in a sustainable and future-oriented way!

Want to learn more about P2P?

Download our free eBook and learn about P2P from A to Z. Find out how to automate your processes, which KPIs you should follow and the latest trends you need to know about!