Xanadutec Accounts Payable
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XANADUTEC Profile & Service Offering
About Xanadutec
Restriction on Disclosure and Use of Data
The data in this document contains proprietary information of Xanadutec, the disclosure of which would provide a competitive advantage to others. As a result, this document shall not be disclosed, used or duplicated - in whole or in part - for any purpose other than to evaluate Xanadutec.
About Xanadutec
• Founded 2001 by team with several years of blue chip experience.
• 250+ employees worldwide
• Head quartered in London, United Kingdom with offices in India and representation in USA
• Multiple service delivery centres (Pune, Bangalore & Trivandrum) to ensure redundancy
• Services several Fortune 500 companies in Healthcare, Retail, Logistics, Insurance& Banking
• Backbone provider to established local outsourcing companies
• Strategic partnership in USA and Mexico for on-shore and near-shore
Global Presence
Rohit Dhawan - CEO & Founder• EX-Accenture - Strategy Consultant• EX-Citigroup - Strategy Planning Manager - Emerging Markets• MBA – International Finance
Akshat Shrivastava - Chief Operating Officer & Co Founder• 10 years in data processing operations• Service delivery and quality
The Team
Chetan Patwardhan - Chief Finance Officer, Ex- KPMG Audit & Transaction Service• Exceptional track record in managing independent business units, work closely with
several Fortune 500 companies.• Responsibilities include P&L, organization structuring, and new business development
Shahrukh Khan - Chief Technology Officer• Brings over 9 years of leadership and hands-on development experience in the software industry • Areas of technical strength include ERP, B2B & B2C, Design Patterns, UML based project development• Masters degree holder in IT management, Currently Pursuing MBA in International Business.
Banking &
InsuranceHealthCare
Travel &
HospitalityLegal
Pay
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Finance and Accounting – Accounts Payable/Receivable, Travel & Expenses, Contract Mgmt, Reconciliation Mgmt
Customer Support Helpdesk – email, live chat, instant messenger support
Pla
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CUBESCRIBE
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Retail
Cu
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An
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Lo
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Man
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Software Development & Application Maintenance - .Net, Java, SQL, Oracle
Med
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Bil
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Personal Injury
Platform
ALABOT – artificial intelligence, natural language
processing help BOTCUBE A/P
Areas of Expertise
Data Processing
Finance and Accounting
Data Processing
• Accounts Payable
• Invoice Scan and Data Capture
• Invoice/DO/POD/PO matching
• Accounts Receivables
• Revenue accounting (update deliveries in accounting system)
• Application processing
• Mortgages
• Credit Cards
• Claims Processing
• Personal Injury (for law firms)
• Workers Compensation
• General Insurance
• Generic Data Capture
• Various projects: loyalty programs, travel and expenses reports, archive data entry, etc.
Data Processing – Accounts payable
• Experienced provider of accounts payable invoice processing services - Optimising A/P processing since 2001
- 1,000,000+ invoices p.a.
• Robust proprietary platform for data capture, verification & quality assurance
- ‘CUBE A/P' platform written bottom up for finance processing
• One solution for complete Accounts Payable outsourcing
- Invoice receipt by courier, fax, post or electronic format
- Scan & capture
- Invoice workflow & exception management
- Business rules application for 2,3 & 4 way matching
- Multiple output to adapt to customer ERP requirement
- Index archive & retrieval
• Scaleable solution with multiple deployment options
Accounts Payable – Process Overview
Paper
Customer RulesSupplier,PO, PODMatching
Data Validation
Online Workflow for Client Adjudication
Receipt,Batch,Scan
DATA CAPTUREwith blend Of
OCR & Manual Verification
Quality Assurance
Clie
nt
ER
P
ElectronicData File
Data mapping and rule processing
Exceptions
Approved
Data and Images available on secure portal for Archive/Exception handling
Accounts Payable – Exception Management
• Business Rules failure correction
• Manual validations against image for marginal exception– Supplier ID validation fail due to old data in master vendor table
• Invoice amounts at variance to Purchase Order
• Clean and update master vendor records to improve auto-matching
• Handwritten instruction on images
• Substitute product delivered to ordered (product id mis-match)
• Rules based exception handling as first step to improve Straight Through Processing for Client
• Escalation via workflow for appropriate items
Data submission and reporting
• XML file with invoice/claims data for automatic upload
• Frequent list of accruals
• Reports on number of documents, images, lines items, amounts.
• Spend v/s budget (if we have budget data)
• Vendor statements showing paid, unpaid, overdue
• Exception reason reports
• Audit
• Customized reporting
Why us ?
• Founded and run by professional technocrats
• British firm utilising Indian resources
– Western workstyle and business culture– Legal Protection– Security Conscious– Low cost due to Indian operations
• Small but growing fast– Revenue growth of 40% year on year for last 4 years– Data processing volume growth 100% last 2 years– Transcription growth 150% for 2 years
• Financially sound and stable
• Proven capacity to increase scale/ramp-up operations
• Responsive to customer needs– You say jump; we will ask how high !!
THANK YOU !
Contact:Akshat Shrivastava– COO
Xanadu houseKoregaon park
pune
Email: [email protected]: www.xanadutec.com
Cellphone: +91 98901 22518