Revolutionizing Procurement: How Innovative Solutions Resolved Business Challenges and Slashed Costs by 80%
A engineering company was following manual processes for creating purchase orders & invoices that caused delays and errors, hindering data visibility and operational efficiency. To address these challenges, multifactor authentication and Insite LMS integration were implemented. Automation of purchase order distribution and invoice tracking, along with digitization and validation, streamlined operations. Automated approval workflows and timely payments further improved efficiency. Bank integration facilitated UTR updates. As a result, data accuracy, efficiency, and vendor relationships significantly improved, leading to an 80% cost reduction.
