AUSTIN, Texas--(BUSINESS WIRE)--Jun 18, 2025-- The power of ABBYY AI was recognized by the Newsweek AI Impact Awards taking the top honor in the category, “AI in Finance: Best Outcomes, Accounting.” The award recognized ABBYY’s excellence in eliminating manual invoice processing, significantly reducing operational costs and surpassing expectations with its AI-powered intelligent document processing (IDP) solutions. Judges praised ABBYY for delivering measurable impact, notably improving efficiency and accuracy, and successfully integrating with existing enterprise systems enabling more fulfilling and value-generating experiences for staff in accounts payable for leading organizations. At an Australian dairy cooperative, ABBYY’s AI-powered IDP technology intelligently automated the processing of 300,000 invoices annually across two ERP systems.