Lido automates utility bill extraction for Hocutt, cutting weekly processing from 20+ hours to 5 hours
Hocutt's billing team spent 6-7 hours per month processing just one large property's utility bills—representing 80% of one employee's processing time—with a 5-10% error rate and a manual workflow that created a hard ceiling on client growth without additional headcount.
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Weekly processing time fell from 20+ hours to 5 hours, reclaiming 75 hours per month; billing team capacity spent on bill processing dropped from 25% to 5%, enabling Hocutt to take on more client properties without adding headcount.
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Frequently asked questions
What did this team achieve with this AI workflow?
Weekly processing time fell from 20+ hours to 5 hours, reclaiming 75 hours per month; billing team capacity spent on bill processing dropped from 25% to 5%, enabling Hocutt to take on more client properties without ad…
What tools did this team use?
Lido.
What results were reported?
Processing time for one large property: 1 hour (down from 6-7 hours); Extraction and data review time per property: 20 minutes; Weekly processing time: 5 hours (down from 20+ hours); Monthly time reclaimed: 75 hours per month (source-reported, not independently verified).
How is this invoice processing AI workflow structured?
Monthly utility bills arrive → Lido extracts utility charges → Extraction and data review → CSV import to billing system.
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