Invoice Processing Automation and Rule-Based Cost Allocations

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Home Case Studies Streamlining Invoice Processing Automation and Rule-Based Cost Allocations

45%

Decrease in maintenance costs

95%

Savings in developmental efforts

99%

Reduction in processing time

About Client

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.

Unveiling Success

Optimizing Business Resources and Solving Problems with Innovative Tech Solutions

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

Solutions

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

Tools and Technologies Deployed

Maximizing Business Value

The Business Impact and ROI Realized Through Our Advanced Solutions

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 & 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.