IDP vendor AYR gets selected by Tangoe to enhance TEM app

The technology expense and asset management company has selected Intelligent Document Processing provider AYR to integrate the SingularityAI platform with Tangoe’s Telecom Expense Management (TEM) application. With this integration, Tangoe aims to improve invoice loading efficiencies.

AYR, an Intelligent Document Processing vendor, announced November 17 that its SingularityAI platform has been selected by Tangoe, a leading technology and asset management company. The IDP platform improves Tangoe’s invoice loading efficiency and enhances overall processing speed.

Telecom invoices are very diverse and complex in terms of fields that can be hidden in text blocks and multi-page tables. The TEM company processes these complex and varying invoices on a daily basis. AYR’s SingularityAI platform increases the processing speed of those telecom invoices.

Joshua Raymond, SVP Operations of Tangoe, said: “A proof of concept with AYR resulted in faster processing of our most complex use cases and we’re looking forward to building out the functionality across our telecom application.”

Scott Lee, Chief Revenue Officer at AYR, commented: “We’re pleased to welcome Tangoe, leaders in telecom expense management, as our newest customer, and proud to have won their business. Solving data extraction problems is what we do. Tangoe brought us one of the most challenging use cases in the industry, with borderless and nested data tables that spanned multiple pages. The solution combines our propriety NLP, computer vision, and OCR technologies to produce a single model with an awareness of shape, form, and meaning in the context of unstructured data. AYR looks forward to a long relationship with Tangoe.”

Princeton, New Jersey-based AYR (formerly Singularity Systems) offers an Intelligent Document Processing solution through its SingularityAI platform. The platform helps enterprizes transform unstructured data into actionable insights that enable real-time decision making and drive improvements in customer experience and operational agility.

The full press release can be found here.

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