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

1. CIGNEX Datamatics Confidential www.cignex.com
Leading Insurance Company
Alfresco based Enterprise
Invoice Approval System

2. CIGNEX Datamatics Confidential www.cignex.com
Alfresco 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 expenses
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3. CIGNEX Datamatics Confidential www.cignex.com
Alfresco 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 functionality
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4. CIGNEX Datamatics Confidential www.cignex.com
Alfresco based Invoice Approval System
• Key Benefits to Client
– Improved Productivity &
Efficiency
• Reduced processing time from
1–3 weeks to 15–30 mins
• Centralized repository
– Easier & faster to retrieve, trace
and locate the history of an
invoice
– Improved Data Quality
• Data integrity
• Capture mandatory information
• Reduced dependency on
individual
– Cost reduction
• Low TCO using Open Source
– Low Maintenance Cost
– Control over Infrastructure
investments
• Consumables
– Elimination of printing and
scanning
“I thank the CIGNEX Datamatics team for their
hard work and patience with all the last minute
changes. You guys really made it easy for us and
appreciate your team work.”
Sr. Project Lead
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5. CIGNEX Datamatics Confidential www.cignex.com
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Making Open Source Work