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Finance

Process Mining for Finance

We strongly believe finance is a data science problem. There are so many factors in your business which affects your finance. At first its hard to get the transparency as your operations flow across several departments and we need a way to source all this data silos in a single platform. As controller you need to get the firm grip on the KPI's which control your costs and improve your working capital. We help in locating the issues in your operations which affect the working capital, spend, costs. Using process mining technology we discover the inefficiencies in your process, identify the root causes for them, Implement KPI's to control and monitor the overall process and offer automation solution to speedup and make the overall process lean and financially efficient. 

Account Receivables

Reduce Day Sales Outstanding

Improve Credit-Risk Mitigation

Monitor debt-to -sales ratio

Account Reconciliation

Reduce Re-work rate

Automate invoice ingestion

Reduce errors in invoice ingestion

Improve Working Capital

Free up working capable

Optimize DSO & DPO

Lean up your workflow

Account Payables

Increase Days Payable Outstanding

Improve On-Time Payment rate

Increase labour productivity

Invoice Processing

Reduce Re-work rate

Automate invoice ingestion

Reduce errors in invoice ingestion

Credit Risk Mitigation

Customer behaviour with credit

Credit limit decision

Credit limit retest

Case Study

Analytics

E-commerce 

"Operational data was never analysed this way by finance. Showed us directly the potential  to optimize cost and improve working capital "
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