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Leading Accounts Receivables and Payables Provider in Australia

Customer provides smart solutions that automates AR and AP functions for millions of invoices in 1000+ companies in 19 countries. By eliminating time-consuming and labour-intensive manual processes, they efficiently manage their invoice flows seamlessly to the fullest satisfaction of end customers and vendors.

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Their Challenges

  • Must extract invoice data from 1 million+ invoices each month, received as scanned or electronic invoices.
  • Invoice data extraction platform must have 100% accuracy (99.99% is not enough!) No missed data wrong data, incomplete data - must be 100% right!
  • Must have a 24 x 7 operation that works in sync with end customer demands
  • Production flow must be smooth and seamless and within time and budgets
  • Need to reduce operating and capital expenditure

Our Granular Analysis

  • No central process for systematic data capture
  • No template definitions for customer specific invoices
  • No technology to digitalize data extraction
  • No workflow process, instant dashboards to monitor work progress
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iSolve’s FOVOTM* Transformation

FOVOTM* metrics define the top 3 goals and challenges of the Customer to automate the Accounts Payable system

*iSolve’s trademark Focus on One Variable Only methodology

Long-term data retention- Automated data archival and retention mechanism with separate storage

100% accuracy – Optimized system for extracting content accurately

Multi-Language integration – Efficient system that can process different language content

100% quality in data capture, processing and line by line invoice matching. 100% customer end customer satisfaction.

Increased visibility – Role-based access and Customizable reports

BUSINESS
IMPACT

Increase in efficiency – Designed, developed processes to manage work-flow during peak volumes with 100% efficiency

Enhanced scalability – Implemented system architecture to accommodate 100 + concurrent users

Real-time monitoring – Analytics of production, quality and TAT through independent web-portal

BUSINESS IMPACT

100% quality in data capture, processing and line by line invoice matching. 100% customer end customer satisfaction.

Increase in efficiency – Designed, developed processes to manage work-flow during peak volumes with 100% efficiency

Enhanced scalability – Implemented system architecture to accommodate 100 + concurrent users

Real-time monitoring – Analytics of production, quality and TAT through independent web-portal

Increased visibility – Role-based access and Customizable reports

Multi-Language integration – Efficient system that can process different language content

100% accuracy – Optimized system for extracting content accurately

Long-term data retention- Automated data archival and retention mechanism with separate storage

Transformation achieved!

Growth & Venture Partnership

We believe that as our customers grow, we grow! We invest in exclusive infrastructure, people, processes and systems dedicated to our customers – with all our funds! This is our equivalent equity with shared risks.

Start Your
Transformation Here

Simply fill the form or

email us at business@isolve.global