{"id":239941,"date":"2022-12-23T11:00:00","date_gmt":"2022-12-23T10:00:00","guid":{"rendered":"https:\/\/www.devoteam.com\/success-story\/how-document-ai-streamlined-water-gas-and-electric-billing-for-an-sp500-listed-real-estate-investment-trust-reit\/"},"modified":"2025-04-11T15:10:10","modified_gmt":"2025-04-11T13:10:10","slug":"how-document-ai-streamlined-water-gas-and-electric-billing-for-an-sp500-listed-real-estate-investment-trust-reit","status":"publish","type":"success-story","link":"https:\/\/devoteam.info\/lu\/success-story\/how-document-ai-streamlined-water-gas-and-electric-billing-for-an-sp500-listed-real-estate-investment-trust-reit\/","title":{"rendered":"How Document AI streamlined water, gas and electric billing for an S&amp;P500 listed Real Estate Investment Trust (REIT)"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-about-the-customer\">About the customer<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The client is a financial services company that manages a<strong> large real estate portfolio<\/strong> as part of a REIT (Real Estate Investment Trust). The company is listed on the <strong>S&amp;P500 list<\/strong> of companies. With the largest portfolio of apartment housing in the southern United States, the company is located across <strong>300 different communities <\/strong>and provides<strong> <\/strong>housing to more than<strong> 100.000 families<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-problem-challenge\">The Problem \/ Challenge<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Given the size of our client&#8217;s property portfolio, the main pain point was understanding the costs for each property within the portfolio. <strong>Accurate cost tracking<\/strong> is important as each property generates monthly water, electricity and gas bills from different suppliers. The costs of the entire property portfolio form the basis for <strong>key financial metrics<\/strong> to understand performance within REIT and calculate returns.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Processing billing information and correct payments generate a huge amount of manual work. It is particularly important that they process all invoices timely and correct. A single mistake can have far-reaching consequences, such as the disconnection of a property from the grid or miscalculation of property portfolio performance.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a competitive and fast-growing environment, the client wanted to <strong>automate the processing<\/strong> of utility bills as much as possible. This way, all bills would be processed on time and within budget, while minimising errors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In previous attempts, the client experimented with Document AI and up training, without satisfactory results. Therefore, the S&amp;P500 client contacted us.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-solution\">The Solution<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Devoteam G Cloud has a lot of experience building solutions based on the <strong>Document AI <\/strong>suite. To speed up development processes, we have <strong>created our own accelerator <\/strong>that automatically batches calls and optimises resource usage. The resulting architecture is depicted below:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/devoteam.info\/wp-content\/uploads\/2024\/09\/Generic-Document-AI-pipeline.png\" alt=\"\" class=\"wp-image-59310\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">It is battle-tested on a daily basis across several of our customers and is able to process hundreds of millions of documents per month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For this project, we needed to accommodate a typical Document AI workflow in order to keep manual verification inside of the processes through Human-in-the-Loop (HITL). Therefore, our custom machine learning solution uses documents labelled through HITL as training data and produces predictions that are compatible with the Document AI format. This requirement, in addition to bringing all of Document AI\u2019s features available, makes us able to switch to any other Document AI processor if ever it eventually reaches a better performance than our custom models.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For the custom machine learning model, we opted for <strong>Graph Neural Networks<\/strong>, where each node represents a word in a document, and edges are links to the closest words in the document in the four cardinal directions. Each node contains several custom features, notably an embedding of the text as we did in <a href=\"https:\/\/gcloud.devoteam.com\/success-stories\/a-personalised-user-experience-on-the-rbfa-application-and-website\/\">previous works<\/a>. Thus, this bases our solution on a language model, understanding the text in a document, as well as on a structural model, understanding the relative positions of the texts in a document.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Finally, we use <strong>Vertex AI Vizier<\/strong>, Google Cloud\u2019s black-box hyperparameter tuning service, allowing us to find the optimal configuration for our custom model in a matter of hours and reach the best possible performance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-methodology\">The Methodology<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As the S&amp;P500 company deals with a large number of vendors, we had to take a phased approach. In fact, at the beginning of the project, labelling documents took more time to process the bills. To speed up the process, we used <strong>active learning<\/strong>: the knowledge built from the model with a very low amount of training data can be leveraged to speed up further labelling, retrain the model and continue until we reach a satisfactory performance. The knowledge built on these vendors then allows us to concentrate efforts on other vendors and bootstrap them much faster.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As always, this machine learning project is mostly based on <strong>Google Cloud\u2019s Vertex AI product suite<\/strong>. It allowed us to handle every step of our machine-learning project, from data exploration to model deployment and monitoring. Thanks to its capabilities, we were able to experiment with models and different architecture in a much faster way, allowing us to comply with all the requirements of the customer.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-result\">The Result<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">To evaluate the predictions of our created models, we use the <strong>F1 score metric<\/strong>. In a nutshell, the F1 score is made up of two parts: precision and recall. Precision is a measure of how accurate the predictions are. Recall is a measure of how complete the predictions are. To get the F1 score, we take the harmonic mean of the precision and recall scores. This helps evaluate how good the predictions are overall because it takes into account both accuracy and completeness.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the end of the project, thanks to Vertex AI Vizier which optimised our models\u2019 parameters, we reached a <strong>97.27% F1 score<\/strong>. Compared to the performance of Document AI, this means that the company spends <strong>6x less time labelling<\/strong> thanks to our custom solution.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Please note that an F1-score of 82.6% is already great and sufficient to run in production, but it can be further improved with custom machine-learning models due to the specific challenges of that customer.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th><strong>Model<\/strong><\/th><th><strong>1-ECE<\/strong><\/th><th><strong>Precision<\/strong><\/th><th><strong>Recall<\/strong><\/th><th><strong>F1 Score<\/strong><\/th><\/tr><\/thead><tbody><tr><td><strong>DocumentAI<\/strong><\/td><td>66.87%<\/td><td>84.75%<\/td><td>80.56%<\/td><td>82.60%<\/td><\/tr><tr><td><strong>Custom model<\/strong><\/td><td><strong>96.40%<\/strong><\/td><td><strong>97.27%<\/strong><\/td><td><strong>97.27%<\/strong><\/td><td><strong>97.27%<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Now that the solution is in production, the S&amp;P500 company has onboarded more than 15 different vendors representing up to <strong>20.000 documents per month<\/strong>. While the number of documents handled keeps growing, the team already benefits from the solution in their daily operations, making their workload much lighter, while reducing errors to almost zero.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-cover alignfull has-parallax\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--xxx-large);padding-right:var(--wp--preset--spacing--large);padding-bottom:var(--wp--preset--spacing--xxx-large);padding-left:var(--wp--preset--spacing--large)\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-main-background-color has-background-dim-70 has-background-dim\"><\/span><div class=\"wp-block-cover__image-background wp-image-7229 has-parallax\" style=\"background-position:50% 50%;background-image:url(https:\/\/devoteam.info\/wp-content\/uploads\/2024\/05\/Surfer-001-copy.jpg)\"><\/div><div class=\"wp-block-cover__inner-container has-global-padding is-layout-constrained wp-container-core-cover-is-layout-ea3f966a wp-block-cover-is-layout-constrained\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-d064aeaa wp-block-columns-is-layout-flex\" style=\"border-style:none;border-width:0px\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\n<h2 class=\"wp-block-heading\" id=\"h-your-success-starts-here\"><strong>Your Success Starts Here<\/strong><\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"border-left-color:var(--wp--preset--color--base);border-left-style:solid;border-left-width:2px;padding-right:var(--wp--preset--spacing--small);padding-left:var(--wp--preset--spacing--x-large);flex-basis:70%\">\n<div class=\"wp-block-group is-style-default has-global-padding is-layout-constrained wp-container-core-group-is-layout-9819b1f7 wp-block-group-is-layout-constrained\" style=\"padding-right:var(--wp--preset--spacing--x-small)\">\n<p class=\"has-medium-font-size wp-block-paragraph\">Partner with Devoteam to leverage award-winning tech expertise, agile execution, and a culture of continuous learning.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-fill\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/devoteam.info\/lu\/get-in-touch\/\">Get in touch<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Read how you can easily handle up to 20K documents per month and how our custom solution reduced labelling time by ~6x in comparison to the performance of out-of-the-box Document AI.<\/p>\n","protected":false},"featured_media":0,"template":"","categories":[905,1632,907],"tags":[],"industry":[1586],"class_list":["post-239941","success-story","type-success-story","status-publish","hentry","category-ai","category-data","category-google-cloud","industry-construction-and-real-estate"],"acf":[],"cards":"\n\t<div class=\"single-post-card\">\n\n\t\t\n\n\t\t\n\t\t<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-43282307 wp-block-group-is-layout-flex\">\n\t<p style=\"font-style:normal;font-weight:700\" class=\"has-link-color wp-elements-1 wp-block-lp-post-type has-text-color has-primary-color has-small-font-size\">Success story<\/p>\n\n\t\t\n\t\t<h3 style=\"font-style:normal;font-weight:400\" class=\"wp-block-post-title has-base-font-size\"><a href=\"https:\/\/devoteam.info\/lu\/success-story\/how-document-ai-streamlined-water-gas-and-electric-billing-for-an-sp500-listed-real-estate-investment-trust-reit\/\" target=\"_self\" >How Document AI streamlined water, gas and electric billing for an S&amp;P500 listed Real Estate Investment Trust (REIT)<\/a><\/h3><\/div>\n\t\t\n\t<\/div>\n\n","yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.4 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>AI processing billing information<\/title>\n<meta name=\"description\" content=\"Easily process 20K docs\/month with our custom solution, slashing labelling time by ~6x compared to out-of-the-box Document AI.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/devoteam.info\/lu\/success-story\/how-document-ai-streamlined-water-gas-and-electric-billing-for-an-sp500-listed-real-estate-investment-trust-reit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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