Technologies Used
The client is a global leader in Spend Management. They leverage industry-leading cloud-based applications and deep domain expertise to transform the logistics freight and parcel audits business. Their commitment lies in assisting customers in better managing and controlling their logistics spending and driving enterprise-wide efficiency. With an expansive global presence encompassing North America, Latin America, Asia, and Europe, they consistently deliver data-based visibility and insights, resulting in substantial savings and enhanced control over transportation spending for shippers of all sizes
The client faced a significant business challenge rooted in their commitment to delivering automated cost allocation services to their customers. Managing this customer-specific approach had become increasingly complex, expensive, and time-consuming. The client recognized the critical need for near real-time compliance with dynamic cost allocation strategies, as any delays resulted in penalties and extensive rework. To overcome these challenges and maintain their competitive edge, the client sought an automated business solution to efficiently handle cost allocation and automated invoice processing across all customers
Challenges
Difficult to implement cost allocation strategies for each customer, which led to complexity and time consumption
Delays in invoice processing led to customer penalties and rework, impacting operational efficiency and profitability
Ever-changing allocation strategy environments led to operations and maintenance nightmares
Solution
Streamlined the cost allocation process with intelligent automation, improving efficiency and time-to-market
Implemented a rules-based engine for scalable and intelligent cost allocation, reducing custom deployment time to <5 mins
Enabled customer-specific business rules and configurable cost allocation strategies, increasing flexibility for customer
Challenges
Difficult to implement cost allocation strategies for each customer, which led to complexity and time consumption
Delays in invoice processing led to customer penalties and rework, impacting operational efficiency and profitability
Ever-changing allocation strategy environments led to operations and maintenance nightmares
Solution
Streamlined the cost allocation process with intelligent automation, improving efficiency and time-to-market
Implemented a rules-based engine for scalable and intelligent cost allocation, reducing custom deployment time to <5 mins
Enabled customer-specific business rules and configurable cost allocation strategies, increasing flexibility for customer
Business Impact
Reduced Delays
Streamlined custom implementation of rules and reduced TAT from 2-3 days to less than 5 minutes
Lowered Maintenance Costs
Lowered maintenance costs and streamlined resources by implementing a low-code automated business process
Enabled Self-Service
Automation-first strategy that reduced dependency on the team and enabled self-service cost allocation
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.
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