ROI with Business Rules Processing, Einvoices, Dynamic Discounting, Vendor Portal
Real hard-dollar ROI means real working capital improvements.
REDUCED PER TRANSACTION COSTS BY 375%!
US Foodservice increased processing workloads by 300% without adding staff, and decreased cost per transaction from $4.50 to under $1.20 using ICG’s Business Rules Processing and workflow tools. Today, 70% of US Foodservices einvoices are processed without human intervention and vendors have real-time visibility through a vendor portal developed by ICG. Vendors can also take advantage of dynamic discounting through the use of the vendor portal. As a result of enterprise wide A/P automation corporate interest earnings improved by $6-7M annually.
Yes, I would like to reduce my Cost Per Transaction!
CENTRALIZED ACCOUNTING FOR 86 LOCATIONS!
An automated workflow system for Duke Energy resulted in an acceleration of the companies centralized accounting of 86 locations, while improving invoice process cycle times by over 50%. In addition, training and research time associated with A/P automation was improved by over 80% contributing to an overall savings of $1M annually. Additionally, Duke missed only $25k in discounts available on over $30 billion in spend.
I would like a no obligation consultation about Centralized Accounting Processes!
DECREASE CYCLE TIMES & ERROR RATES!
Ecolab engaged ICG for workflow automation and enabling technologies to improve the administration of rebate management and distributor administration. As a result, the company was able to improve cycle times by 20% while simultaneously decreasing error rates of inaccurate rebates, translating to a corresponding increase in revenue of over $3M annually.
I need to decrease invoice cycle times, and take advantage of dynamic discounting!
2X VOLUME, LESS THAN 10% STAFF INCREASE!
Using a phased approach, we worked with MGM Mirage to build a Shared Service Center for all of its Las Vegas properties. With process standardization and the deployment of our ICG RPM composite applications, MGM Mirage was able to realize a 45% improvement in Business Process Management (BPM) for the population of 500K invoices annually. MGM Mirage recently acquired Mandalay Bay resorts. With the help of ICG's RPM composite applications, MGM Mirage was able to virtually double the volume of transactions being processed to over 1m annually with less than a 10% increase in AP processing staff.
I would like to create economies of scale in my Accounting Department through Back-Office Accounting Automation!