Reduction of key entry errors due to high work load, illegible invoices
etc
Creating Standards for invoice numbers
Assisting A/P personnel in selecting right vendor number
Avoid duplicate vendor records
iGATE's Solution:
Processing of invoices that are downloaded from multiple AP systems such as SAP, J.D. Edwards,
P-Card and Amex data from third parties
Using automated and manual processes, a list of exact and "likely" duplicates are flagged based on client driven business rules
iGATE system provided a method upon detection of a duplicate, to indicate the reason why the duplicate occurred with metrics required for future quality improvement initiatives
Created a USPS standardized, de-duped vendor master and maintaining by synchronizing data from the AP source systems.
Benefits to Client:
iGATE's Duplicate Invoice Detection solution enabled the customer to
cost-effectively review and compare millions of invoices per annum
from multiple AP systems - nearly $2 million saved in a year
Upfront and immediate savings for the client by eliminating the need
for time and resource intensive payment recovery processes
