Rossum

Rossum: AI-Powered Document Processing for Streamlined Transactional Workflows

What is Rossum? Rossum is an AI-driven document processing solution designed to automate complex transactional workflows. It leverages advanced AI, including Large Language Models (LLMs) and Generative AI, to streamline data capture, validation, and transformation from documents, significantly reducing manual tasks and improving accuracy.

How does Rossum work? Rossum's AI agents are designed to read documents, capture, validate, and transform data according to your Standard Operating Procedures (SOPs). Here's a breakdown:

• Document Reception: Ingest documents at scale from multiple channels, including email, scanners, PEPPOL, and shared drives. The AI filters out spam and duplicates to ensure clean data.
• Data Understanding: Rossum uses a proprietary transactional LLM supporting 276 languages and handwriting recognition to process documents accurately.
• Continuous Learning: The platform continuously learns from user feedback, ensuring high accuracy and minimizing hallucinations.
• Human-AI Collaboration: Rossum facilitates seamless collaboration between AI and human users for complex documents, ensuring precision.
• End-to-End Automation: Rossum transforms workflows from start to finish, including reading and answering emails, validating data, triggering automated communications, and obtaining document approvals.

Why is Rossum important? In today's fast-paced business environment, efficiency and accuracy are paramount. Rossum addresses key challenges such as:

• Manual Data Entry: Rossum significantly reduces the need for manual data entry, freeing up personnel for more strategic tasks.
• Inaccurate Data: By leveraging AI and continuous learning, Rossum ensures high data accuracy, minimizing errors and costly mistakes.
• Slow Processing Times: Rossum automates document processing, drastically reducing processing times and accelerating workflows.
• Lack of Visibility: Rossum provides end-to-end visibility into the document lifecycle, allowing businesses to track and manage their transactional documents effectively.

Key Features and Benefits:

• AI-First and Cloud-Native: Rossum is built with AI at its core and operates in the cloud, ensuring scalability and accessibility.
• Proprietary LLM: The platform's proprietary LLM learns quickly from user feedback, improving its accuracy and efficiency over time.
• End-to-End Automation: Rossum transforms workflows from document receipt to data entry in ERP systems.
• Seamless Human-AI Collaboration: Rossum empowers businesses with human-AI collaboration tailored to their specific needs.

Use Cases: Rossum is versatile and can be applied across various industries and business functions. Some key use cases include:

• Accounts Payable Automation: Automate invoice processing while supporting compliance, validation, and approval routing.
• Supply Chain Management: Capture and validate documentation across orders, deliveries, and settlements.
• Order Management: Support demand spikes and scaling without added headcount or data entry pressure.
• Quality Assurance: Ensure timely delivery and compliance by automating checks on product and shipment documents.

Customer Success Stories:

• The Gym Group: Achieved significant personnel time savings and streamlined invoice processing by customizing Rossum and integrating it with Workday.
• Wolt: Accelerated Accounts Payable AI automation and reduced error rates by 44%, processing 100,000 invoices annually.
• Morton Salt: Saved up to 95% on time spent per document with 71% straight-through processing automation.
• Port of Rotterdam Authority: Achieved 90% accuracy after processing only 10 documents, saving 810 AP days per year.
• Fugro: Cut invoice processing time by 70% and launched a global AP automation program.
• Adyen: Achieved 92.6% accuracy after processing only 20 documents, reducing error rates by 20.5%.

Pricing: Rossum offers various pricing plans to suit different business needs. Contact Rossum for detailed pricing information.

Conclusion: Rossum is a powerful AI document processing solution that transforms transactional workflows by automating data capture, validation, and processing. With its AI-first approach, continuous learning capabilities, and seamless human-AI collaboration, Rossum empowers businesses to achieve greater efficiency, accuracy, and visibility in their document-intensive processes. Whether it's accounts payable, supply chain management, or order management, Rossum provides a comprehensive solution for automating complex paperwork tasks and driving business transformation.

Where can I use Rossum? Rossum can be used across various industries and business functions to automate document processing tasks.

Why is Rossum important? Rossum is important because it reduces manual tasks, increases accuracy, and drives efficiency in transactional workflows.

How to get started with Rossum? To get started with Rossum, you can request a free demo and explore the platform's capabilities.