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Streamlined Accounts Payable Process For A Large Automotive Parts Supplier

Client

A leading global supplier of highly engineered automotive sealing and anti-vibration solutions

Industry 

Manufacturing

Region

United States of America

s1

Challenges

The client had a decentralized accounts payables system as they had accounting offices in multiple locations and they wanted to bring them all under one umbrella.

The invoices were routed manually which consumed a lot of time and reduced the productivity and increased the TAT. They wanted to automate the process and mitigate the inefficiencies in the query resolution.

Solution

Datamatics thoroughly analyzed the requirements and implemented TruBot to capture invoice information as well as upload information into SAP and QAD in order to reduce manual efforts.

They implemented iPM workflow to manage documents received at the shared service centre through a document imaging solution, thus eliminating paper invoice routing.

Impacts

cc190-1

40%

Reduction in headcount and enhancement in efficiency

cc350

50%

Reduction in disbursement cycle

cc4

100%

Supplier satisfaction

cc157

80%

Reduction in paper work

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