OpenText Vendor Invoice Management for Tata Sky. Know More

Customer Profile:

tata-sky-logo

  • One of India’s largest Media/DTH Companies.
  • Over 10 million subscribers with coverage for over 36,000 towns across India.

Challenges & Opportunities:

  • No central location of receiving and processing invoices, hence no clear picture about pending liabilities and bottlenecks.
  • Lot of offline correspondence and approvals in AP that are not documented or recorded in the system.
  • Non-standard business rules for invoice approval and processing.
  • Periodic reporting and reconciliation was problematic.
  • Many issues in handling 3-way matching and associated exceptions.
  • No digitization of invoices and associated documents.

Solution Highlights :

  • Advisory services to design and setup SSC for AP/P2P operations, including handling transportation invoices.
  • Implemented OpenText Vendor Invoice Management including Invoice Capture Center for OCR.
  • Solution cut across various departments with order to pay process variations for post-facto and pre-facto invoicing.
  • Solution catered to various invoices sizes with huge number of supporting documents.
  • DMS setup for both AP and non-AP documents.

Benefits :

  • Lower invoice cycle time from 7 to 2 days.
  • Reduction of FTE in AP by 3 people in < 1 month.
  • Scalability to process 4x growth in invoices.
  • Improved visibility over current liabilities and AP process bottlenecks.