Digital Mission

Real-Time Service Excellence

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Customer Service and Collaboration Service Excellence

Real-Time Invoice Match and Discounts

Current Situation

Currently, invoice matching (whether receivables or payables) is a mostly manual process with varying degrees of effectiveness. The cost of investigation has also led most companies to write-off amounts less than $500. Visibility has historically been poor.

Goals and Objectives

Visibility into invoices, invoice discounts, invoice deductions, and invoice matching means reconciliation can happen quickly and automatically, freeing humans up to doing more value added tasks.

Technology Deployed

Enterprise hardware, personal devices, cloud, big data and analytics, mobile, applications, connectivity services, cognitive, RPA, and blockchain

 

Use Case Summary

Quite simply it is an automated tool that matches invoices and takes discounts and deductions as appropriate. This is a rote task best done by automation and relieves people to do more strategic, value added work while potentially providing costs savings, improved productivity levels, and accuracy (fewer errors).

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