Customer Stories / Financial Services / Chile
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Breaking Barriers in FinTech: Generative AI Solutions Help Bolsa de Productos de Chile Optimizes Invoicing Processes
Bolsa de Productos de Chile had to manually review up to 2,000 invoices per day, proving to be too much to handle which could also cause errors. They partnered up with AWS Partner Morris & Opazo and Amazon Web Services (AWS) to help implement an generative AI-powered solution called Puerto X Monitor to automate invoice validation and reduce operational risk. The results featured a reduced need for large teams of industry experts as well as improved risk management and help to validate over 1 million invoices to date.
Learn more about AWS Partner Morris & Opazo and its offerings on AWS Marketplace
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Today, we were able to automate that process with Amazon Bedrock, saving man hours in the flow, working with our partner Morris & Opazo"
Marcelo Gutierrez
Chief Technology Officer
Opportunity
- Manually reviewing large volumes of invoices (2,000 per day) entering the exchange
- Needing expert knowledge from various industries to properly validate invoices
- Reducing operational risk in invoice processing
Solution
- Developed Puerto X Monitor application with AWS Partner Morris & Opazo and AWS
- Automated invoice validation using generative AI
Outcome
- Ability to review 2,000 invoices daily in real-time, up from 10-20 manually
- Reduced need for large teams of industry experts
- Improved risk management and operational efficiency
- Validated over 1 million invoices to date
AWS Services Used
Amazon Bedrock
Amazon Bedrock is a fully managed service that offers a choice of high-performing foundation models (FMs) from leading AI companies like AI21 Labs, Anthropic, Cohere, Luma (coming soon), Meta, Mistral AI, poolside (coming soon), Stability AI, and Amazon through a single API, along with a broad set of capabilities you need to build generative AI applications with security, privacy, and responsible AI.
Amazon Redshift
Tens of thousands of customers use Amazon Redshift for modern data analytics at scale, delivering up to 3x better price performance and 7x better throughput than other cloud data warehouses.
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