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The $10,000 Typo: Why Manual Data Entry is a Financial Risk.

Accounts Payable isn't just about paying bills. It’s about protecting your cash.

In 2022, a large tech company accidentally transferred $10 million to the wrong account. Why? Because of a manual data entry error in a spreadsheet.

While your business might not be moving $10 million a day, the principle remains: Manual entry is the single largest point of failure in your finance stack.

The Game of "Spot the Difference"

Accounts Payable (AP) professionals spend hours every day playing a high-stakes game of "Spot the Difference."

  • Does the invoice match the Purchase Order?

  • Is the tax calculated correctly?

  • Did we already pay this?

When you do this manually, fatigue sets in. After the 100th invoice, "Invoice #8839" looks a lot like "Invoice #8893."

If you type the wrong one, you might pay a vendor twice. Or worse, you might pay a fraudulent invoice that slipped through the cracks because you were rushing to close the month.

Speed vs. Accuracy (You can have both)

Traditionally, you had to choose.

  • Fast: But full of errors.

  • Accurate: But incredibly slow and expensive.

SCANNY AI breaks this trade-off. By using advanced AI models specifically trained on financial documents, we can achieve speed and accuracy.

  • Zero Fatigue: AI doesn't get tired after lunch.

  • Structure from Chaos: Whether the vendor sends a PDF, a Word doc, or a photo of a napkin, SCANNY AI extracts the data into the same standardized format.

  • Line Item Detail: We don't just give you the total; we extract every single line item, SKU, and quantity.

From "Data Entry" to "Data Analysis"

Imagine if your finance team saved the 20 hours a week they currently spend typing. What could they do instead?

  • Analyze spending trends?

  • Negotiate better vendor terms?

  • Forecast cash flow more accurately?

That is the power of automation. It elevates your team from "Typists" to "Analysts."

Protect Your Bottom Line

Don't let a typo cost you a client or a penalty fee.

We are currently inviting finance teams to test SCANNY AI risk-free.

🎁 Early Access Offer: Request access today and we will load your account with Free Credits. Upload your most complex invoices and see the accuracy for yourself.

Secure your data. Automate your books.

👉 Claim your Free Credits: https://scanny-ai.com/

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