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