Automated Invoice Management System Made Simple

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Home Case Studies Driving Efficiency Through Automated Invoice Management System

30%

Increase in supplier engagement

25%

Increase in operational efficiency

50%

Reduction in invoice TAT

Overview

The client, a prominent healthcare provider in North America, specializes in delivering comprehensive, patient-centered medical services. Backed by state-of-the-art facilities and a proficient workforce, their emphasis lies in preventive care, leveraging cutting-edge technology, and tailoring personalized treatment plans, demonstrating their dedication to automation in healthcare.

Unveiling Success

Delivering Sustainable Growth by Resolving Client Challenges with Innovative Tech Solutions

The client handled invoices from remote centers at a central location and forwarded them to banks for processing. Invoices, often in PDF format, were emailed from remote centers. The central AP team manually created and processed these invoices, leading to delays, missed payments, and refund issues. Additionally, the healthcare provider aimed to automate invoice processing for its 30+ remote centers.

Challenges

Human error and data loss from manual invoice creation lead to revenue leaks

Delays and mistakes in reconciling invoices with manual invoice payment process affected financial visibility

Risk of breaches and loss of customer trust due to lack of invoice automation and insufficient application security

Solutions

Streamlined data handling processes for enhanced accuracy and efficiency, achieving cost savings and faster decision-making

Deployed email extraction and dedicated workflow bots, increasing productivity and time savings

Integrated data extraction/entry bots for seamless processing and issue resolution, improving data accuracy and errors , boosting automation in healthcare

Tools and Technologies Deployed

Maximizing Business Value

The Business Impact and ROI Realized Through Our Advanced Solutions Enhanced Project Agility

Enhanced Project Agility

The DevOps approach facilitated agile project deployment, instilling project accountability and boosting customer satisfaction levels by embracing automated invoice processing.

Improved Performance

Employing automation in healthcare, particularly in data consolidation and analytics, resulted in an enhancement of efficiency and overall business performance.

Rapid Data Processing

What once required weeks was compressed into a matter of hours through automated invoice processing, catalyzing swift data consolidation and integration.

Scalability

The adoption of automated invoice processing led to reduced costs, complexity, and security risks while introducing a scalable solution.

Why Kanerika?

Kanerika is a premier provider of data-driven software solutions and services that facilitate digital transformation. Specializing in Data Integration, Analytics, AI/ML, and Cloud Management, Kanerika prides itself on its expertise in employing cutting-edge technologies and agile methodologies to ensure exceptional outcomes. With a proven track record across various industries, Kanerika maintains rigorous quality standards, backed by ISO 27701 certification, SOC II, and GDPR compliance. As a distinguished partner of Microsoft, AWS, and Informatica, Kanerika’s commitment to innovation and strong partnerships positions it at the forefront of empowering businesses for their growth.