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Freight Payment and Audit Propeotech Solutions
Company Information Based in Pune, India Began Operations in 2008 Clients in Freight and Telecom domains Clients include Multi-million dollar US enterprises 100% Client retention history Businesses Include Freight Payment and Audit Solutions Business Intelligence Services Sales Compensation Management Services Company is debt-free Privately held
Freight Payment and Audit Primary Line of Business Existing Clients Freight Forwarders 3PL Operators Industry Statistics Paper Invoices – 90-95% in Europe and Asia Average cost of processing paper B2B invoices – 11 USD Direct overcharges – 5 to 8% of all freight bills Incorrect ratings – 5 to 16% in overcharges Inefficient processing impact receipt-to-pay cycle costs by 25% Cost increases due to: Bad cost centre/incorrect accounting code Inaccurate accruals Duplicate payments Root causes Lack of data access & visibility Lack of rigorous process definition Potential Tangible Savings of 2 – 7% of Total Freight Spend
Freight Payment and Audit Generic Process
Freight Payment and Audit Complete Lifecycle Management of business processes Integrated Business Strategy Cross-departmental integration and seamless information flow Unify implementation of management controls and policy across enterprise Expansion from siloed department-only processes to broader BPM for increased business value Rigorous Process Definition Framework Flexible and scalable with organizational growth Reduced fire-fighting and process delays Integration across technologies and systems Maximize cost efficiencies Embed efficiencies in people-process-technology interactions Process Management Expertise
Freight Payment and Audit Incremental changes to an existing process Process Optimizations Regulatory changes Policy changes Business expansion and scaling Framework encompasses Discover-Define-Design-Deliver philosophy Ensure multi-departmental buy-in Proactive identification of scenarios & business issues Focus on aligning solution to fit business needs Predefined and documented workflow for change approval Change communication support Enables rapid but robust response to change requests from Customer Change Management Framework
Freight Payment and Audit Implementation Paradigm
Freight Payment and Audit Custom-built rich data-driven reporting Reporting customized to client hierarchical levels Quick turnaround time for implementation of new reports Decision support and business intelligence analysis Stakeholder visibility into process Auditors Suppliers Freight companies Process Administrator Senior Management Process health monitoring and periodic reporting Reporting Expertise
Freight Payment and Audit Reporting Expertise - Sample
Freight Payment and Audit Reporting Expertise - Sample
Freight Payment and Audit Customized solution to fit client-specific needs Technology agnostic approach Appropriate technology to fit desired process Utilization of cutting-edge technology platforms Cloud databases Framework driven development Distributed storage options Rigorous Security protocols Cross-system complex integration EDI capabilities Accounting System integration Business Intelligence integration Dedicated technology improvement team Focus on continuous technology upgrades Quick response to client process changes Bespoke Technology Solutions
Freight Payment and Audit Bespoke Technology Solutions – Web based platform
Freight Payment and Audit Flexible Deployment Options
Freight Payment and Audit Hybrid Pricing model Minor Fixed price component Major Transactional (per-invoice) component Minimum invoice volume guarantees applicable Flexible Transactional (per-invoice) Pricing component Scalable with intermittent business spikes and general business growth Incremental pricing for incremental business growth Less overhead management costs for renegotiation of resources Reduced per-invoice cost with increased volumes Pricing model can be tuned to client organization Processing costs may be allocated to specific cost centers based on invoice details Billing support and analysis included Per invoice rates are in sync with industry benchmarks Cost-effective Pricing
Freight Payment and Audit Dedicated and Trained Staff Client-specific dedicated team comprised of Process Manager, Process Analysts . No sharing of processes amongst different teams to ensure data security. Continuous employee training on Process and industry developments.  Client-specific training modules to educate on process and technology solutions Training modules evolve with process changes  Knowledge management techniques adopted Classroom training Net link training Computer based self guided training Discussion forums Wiki based collaborative knowledge capture Process management systems to ensure homogenous process understanding and coordination
Freight Payment and Audit Employee Demographics Average experience: 2.7 Years. Employee median age: 27 Years.
Contact Director, Operations Sujeet Pillai sujeet.pillai@propeotech.com US: +1 (281) 645 6499 India Cell: +91 9890036805 Business Development Executive Bhupendra Singh Rathore bhupendra.rathore@propeotech.com India Cell: +91 9730187307

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Propeotech solution

  • 1. Freight Payment and Audit Propeotech Solutions
  • 2. Company Information Based in Pune, India Began Operations in 2008 Clients in Freight and Telecom domains Clients include Multi-million dollar US enterprises 100% Client retention history Businesses Include Freight Payment and Audit Solutions Business Intelligence Services Sales Compensation Management Services Company is debt-free Privately held
  • 3. Freight Payment and Audit Primary Line of Business Existing Clients Freight Forwarders 3PL Operators Industry Statistics Paper Invoices – 90-95% in Europe and Asia Average cost of processing paper B2B invoices – 11 USD Direct overcharges – 5 to 8% of all freight bills Incorrect ratings – 5 to 16% in overcharges Inefficient processing impact receipt-to-pay cycle costs by 25% Cost increases due to: Bad cost centre/incorrect accounting code Inaccurate accruals Duplicate payments Root causes Lack of data access & visibility Lack of rigorous process definition Potential Tangible Savings of 2 – 7% of Total Freight Spend
  • 4. Freight Payment and Audit Generic Process
  • 5. Freight Payment and Audit Complete Lifecycle Management of business processes Integrated Business Strategy Cross-departmental integration and seamless information flow Unify implementation of management controls and policy across enterprise Expansion from siloed department-only processes to broader BPM for increased business value Rigorous Process Definition Framework Flexible and scalable with organizational growth Reduced fire-fighting and process delays Integration across technologies and systems Maximize cost efficiencies Embed efficiencies in people-process-technology interactions Process Management Expertise
  • 6. Freight Payment and Audit Incremental changes to an existing process Process Optimizations Regulatory changes Policy changes Business expansion and scaling Framework encompasses Discover-Define-Design-Deliver philosophy Ensure multi-departmental buy-in Proactive identification of scenarios & business issues Focus on aligning solution to fit business needs Predefined and documented workflow for change approval Change communication support Enables rapid but robust response to change requests from Customer Change Management Framework
  • 7. Freight Payment and Audit Implementation Paradigm
  • 8. Freight Payment and Audit Custom-built rich data-driven reporting Reporting customized to client hierarchical levels Quick turnaround time for implementation of new reports Decision support and business intelligence analysis Stakeholder visibility into process Auditors Suppliers Freight companies Process Administrator Senior Management Process health monitoring and periodic reporting Reporting Expertise
  • 9. Freight Payment and Audit Reporting Expertise - Sample
  • 10. Freight Payment and Audit Reporting Expertise - Sample
  • 11. Freight Payment and Audit Customized solution to fit client-specific needs Technology agnostic approach Appropriate technology to fit desired process Utilization of cutting-edge technology platforms Cloud databases Framework driven development Distributed storage options Rigorous Security protocols Cross-system complex integration EDI capabilities Accounting System integration Business Intelligence integration Dedicated technology improvement team Focus on continuous technology upgrades Quick response to client process changes Bespoke Technology Solutions
  • 12. Freight Payment and Audit Bespoke Technology Solutions – Web based platform
  • 13. Freight Payment and Audit Flexible Deployment Options
  • 14. Freight Payment and Audit Hybrid Pricing model Minor Fixed price component Major Transactional (per-invoice) component Minimum invoice volume guarantees applicable Flexible Transactional (per-invoice) Pricing component Scalable with intermittent business spikes and general business growth Incremental pricing for incremental business growth Less overhead management costs for renegotiation of resources Reduced per-invoice cost with increased volumes Pricing model can be tuned to client organization Processing costs may be allocated to specific cost centers based on invoice details Billing support and analysis included Per invoice rates are in sync with industry benchmarks Cost-effective Pricing
  • 15. Freight Payment and Audit Dedicated and Trained Staff Client-specific dedicated team comprised of Process Manager, Process Analysts . No sharing of processes amongst different teams to ensure data security. Continuous employee training on Process and industry developments. Client-specific training modules to educate on process and technology solutions Training modules evolve with process changes Knowledge management techniques adopted Classroom training Net link training Computer based self guided training Discussion forums Wiki based collaborative knowledge capture Process management systems to ensure homogenous process understanding and coordination
  • 16. Freight Payment and Audit Employee Demographics Average experience: 2.7 Years. Employee median age: 27 Years.
  • 17. Contact Director, Operations Sujeet Pillai sujeet.pillai@propeotech.com US: +1 (281) 645 6499 India Cell: +91 9890036805 Business Development Executive Bhupendra Singh Rathore bhupendra.rathore@propeotech.com India Cell: +91 9730187307