Document Management drives efficiencies towards world class performance in back office processes
Customer Profile
A global leader in industrial automation and power technologies, operating in approximately 100 countries with more than 120,000 employees. A global leader in industrial automation and power technologies, operating in approximately 100 countries with more than 120,000 employees.
Challenge
Disparate accounting functions in 30 out of 100 countries. 5 million supplier invoices processed every year. Inconsistent internal invoicing process.
The Recall Solution
Centralized Digital Solution encompassing conversion, data capture and integration. Consistent, standardized global framework with local customization permitted.
Functional Details
- In country scanning at 300dpi (unless provisioned otherwise).
- Secure transmission of digital images to Recall’s Centre of Excellence in Sweden. Data captured within 24 hours via TIS eFlow OCR technology and manually checked for quality assurance.
- Image and data files returned with each invoice within 24 hours of receipt.
- Data is stored in North American Data Centre and replicated to European Data Centre.
Results
- Security - All data file transfers encrypted with the latest technology. Data stored and replicated across multiple servers for redundancy.
- Efficiency - Reduced payment cycle time and administrative costs . Minimized inaccuracies by fusing data capture technology and manual QA.
- Customer Satisfaction - Solution rolling out enterprisewide.
- Sustainability - Reduced environmental impact of producing and transporting several tons of paper annually.