Productivity Improved by 42%
25%
Increase in spend efficiency
39%
Reduction in invoice processing time
54%
Decrease in manual errors
The client, Trax, is a leading technology company offering spend management solutions that empower organizations with globally complex supply chains to gain control and visibility into their transportation spend. The client works with global retailers, manufacturers, and life sciences companies that deal with multiple trading partners and process huge volumes of invoices every day. The client, through Freight Audit Payment (FAP) services, ensures every single shipping invoice is received, audited, and processed on time every time with utmost efficiency. The transaction entails massive data that needs a fool-proof electronic data exchange system to work between the company and its partners
Unveiling Success
While dealing with organizations with complex transportation supply chains, the client received multiple logistics invoices that must be audited and processed for every carrier involved in delivering, small or big. The client faced challenges managing the entire invoice processing, as handling multiple file formats proved to be a cumbersome and time-consuming task, leading to loss of productivity, increase in errors, and operational costs. Due to the lack of visibility on transactions within the transportation network, enhancing logistics spending efficiency seemed difficult. To solve the problem for its customers, Trax wanted to establish a data exchange system that allowed customers to collaborate with multiple trading partners and enable secure data exchange between the companies to process the invoicing data
Maximizing Business Value
Efficient Management of Business Transactions
Standardized invoice data exchange has reduced errors and enhanced business transaction efficiency. With automated validation and data transformation, we achieved streamlined communication, accelerated data exchange, and improved accuracy.
Improved Scalability Opportunities
Informatica’s data transformation capabilities improved data visualization for better decision-making, enhanced scalability by accommodating diverse data sources and evolving business needs seamlessly.
Strengthened Data Security
The newly implemented data architecture helped identify where sensitive data is flowing, allowing us to avoid any potential security breach by taking momentary action, fortifying data security.
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 & 27001 certification, SOC II, and GDPR compliance.
We are also CMMi Level 3 appraised, further accentuating our commitment to quality service delivery. 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.
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