Detailed case study   leading insurance company - alfresco based invoice approval
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Detailed case study leading insurance company - alfresco based invoice approval

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Alfresco based Enterprise, Invoice Approval System, Improved Data Quality, Improved Productivity & Efficiency, Cost reduction, Making Open Source Work, Datamatics Global Services, CIGNEX Datamatics ...

Alfresco based Enterprise, Invoice Approval System, Improved Data Quality, Improved Productivity & Efficiency, Cost reduction, Making Open Source Work, Datamatics Global Services, CIGNEX Datamatics Team.

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Detailed case study leading insurance company - alfresco based invoice approval Presentation Transcript

  • 1. CIGNEX Datamatics Confidential www.cignex.comLeading Insurance CompanyAlfresco based EnterpriseInvoice Approval System
  • 2. CIGNEX Datamatics Confidential www.cignex.comAlfresco based Invoice Approval System• Client Overview– Division of a €92 billion leading integrated financial services– Provides professional re-insurance solutions• Challenges faced– Manual invoice approval system– Low productivity• 1 – 3 weeks taken for processing and approval– Poor operational efficiency• Lack of visibility on status of invoice approval• Inability to track variation in approved budget v/s actual expenses2
  • 3. CIGNEX Datamatics Confidential www.cignex.comAlfresco based Invoice Approval System• Key Features– Automated Approval Flow• Intelligent business process automation / workflow– Improved security• Access rights control– Simple, user friendly & intuitive• “Auto fill” feature• Eliminated need for scanning and printing documents• Folder structure replicating departmental hierarchies– Intuitively store and locate invoices & other documents• Easy drag and drop functionality3
  • 4. CIGNEX Datamatics Confidential www.cignex.comAlfresco based Invoice Approval System• Key Benefits to Client– Improved Productivity &Efficiency• Reduced processing time from1–3 weeks to 15–30 mins• Centralized repository– Easier & faster to retrieve, traceand locate the history of aninvoice– Improved Data Quality• Data integrity• Capture mandatory information• Reduced dependency onindividual– Cost reduction• Low TCO using Open Source– Low Maintenance Cost– Control over Infrastructureinvestments• Consumables– Elimination of printing andscanning“I thank the CIGNEX Datamatics team for theirhard work and patience with all the last minutechanges. You guys really made it easy for us andappreciate your team work.”Sr. Project Lead4
  • 5. CIGNEX Datamatics Confidential www.cignex.comName:Email:Title:Thank You. Any Questions ?Making Open Source Work