invoice_processing · realestate · workflow
Ascend Properties automates maintenance invoice processing with Nanonets, saving over 80% in costs
Ascend Properties manually verified and uploaded vendor invoices for maintenance services. As the business grew 50% YoY and 5x over four years, the manual process would have required over 5 full-time employees and took six hours a day to run.
How it works
Common implementation structure
How this type of workflow is generally built, generalized across documented cases — not tied to any one vendor's stack. Click any stage to read what happens there. Specific products that implement these stages appear in “Tools commonly seen” below.
Stage 1 · Vendor invoice upload
Vendors upload invoices for maintenance services to the Ascend platform.
Tools used
Invoice OCR
Outcome
Ascend saved over 80% in costs for invoice processing and reduced daily processing time from six hours to 10 minutes, while avoiding a proportional increase in headcount.
Results
Time savedsix hours a day
Volume50% YoY
Cost replacedover 80%
Grounding & classification
Source type: vendor customer story
24 fields verified against source quotes, 1 dropped as unverifiable.
data extractiondocument aiidpocrinvoicemetric backednamed customerproduction runtime claimedtools describedworkflow describedreal estatecost reductionemployee productivitytime savedvendor customer storyinvoice processingdocument to record