Our Capabilities
Our procure to pay solutions help our customers bring more value
to their businesses by Improving their bottom line profitability and
reduce purchase-to-pay costs and accelerate vendor payment
cycles. Additionally, our solutions help to:
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Profit recovery with working capital improvements
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Manage cost of operations and administration
The Client
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Transition from paper-based to web-based processes to
enable Process control & Transparency
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Gain insight into vendor payment cycles and process
healthiness
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Support internal controls and ensure compliance to audit
requirements
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Customize service levels that suits your business
One of the largest Business Units of Robert Bosch GmbH in Germany catering
to around 1,500 customers worldwide & serviced by over 12,000 suppliers.
The average inflow of 150,000 invoices p.a was being managed in paper-form
stored at the Client site.
Scope of Services:
Business Need:
Accounts Payable
u
Implementation of an e-workflow tool
u
Improve the Discount Gain from 92% to >99%
Solutions Offered:
People
Process
Tools
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Setting up of Supplier Hotline
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Streamline the Multiple
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Deployment of e-Workflow tool,
for queries & dispute resolution
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Training & Orientation of
Offshore Team & Stakeholders
Authorizer Flow
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Identification & Tagging of
Discount invoices at Receipt
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Base-lining of GRN date in case
of delayed goods delivery
to track & measure operational
performance
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e-Reports to enhance Business
Performance Management
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Internally developed tools to
automate periodical duplicate
checks
Benefits to Client:
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Implementation of the e-Workflow tool has offered the
client:
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Efficient processes which further reduced operational
costs
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Real-Time access to process information &
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Quick retrieval of Information/Data during audits
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Discount Gain: Within 6 month of operations
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Discount Availed increased from 92.85% to 99.61%
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Savings to Client: > €150,000 p.a
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Duplicate payments
Figure:
Discount availed
(Before & After)
99.61%
92.85%
¡
No Duplicate payments been reported by the client /
recovery agent, since the project has moved to RBEI
(over 3 years) leading to ZERO payment in fees to
Before
recovery agents
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e-workflow tool Implementation
RBEI's solution led to
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Higher Discount Gains
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No Duplicate Payments
After