100%
Transparency for Vendor Payments
80%
effort reduced for data reconciliation
40%
faster payment processing
Client Overview
The client is one of India’s leading private banks providing products and services including retail banking, wholesale banking, personal loans, lifestyle loans, credit cards and more.
INDUSTRY
BFSI
LOCATION
India
COMPANY SIZE
100,000+
Business Challenge
Multiple systems were used to handle Vendor Management, Vendor invoices & Payment Processing. The client faced issues in timely regulatory compliance for invoices reconciliation, ineffective system validations and transparency.
Transformation
We offered a comprehensive, fully integrated cloud-based solution for managing vendors and teams with the functionality of advanced reconciliation reports for accurate ITC claims.