Streamlined Accounts Receivables Process For A Leading Publishing Giant
Client
The client is a publicly traded American publishing company based in Sacramento, California. It operates 29 daily newspapers in 14 states and has an average weekday circulation of 1.6 million and Sunday circulation of 2.4 million.
Industry
Media & Publishing
Region
United States of America
Challenges
The client wanted a centralized Accounts Receivables process which was scattered across different geographical regions in the country.
They were facing issues with longer processing cycle as the entire operation was carried out manually and excess Turn Around Time showcased delay in payments and allocations
Solution
Datamatics implemented its intelligent workflow solution, iPM and integrated with the client's Peoplesoft ERP for auto approvals and auto routing.
Datamatics also implemented its smart data capturing tool, TruOCR to automatically read and scan the documents.
