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Propeotech solution
- 1. Freight Payment and AuditPropeotech Solutions
- 2. Company InformationBased in Pune, IndiaBegan Operations in 2008Clients in Freight and Telecom domainsClients include Multi-million dollar US enterprises100% Client retention historyBusinesses IncludeFreight Payment and Audit SolutionsBusiness Intelligence ServicesSales Compensation Management ServicesCompany is debt-freePrivately held
- 3. Freight Payment and AuditPrimary Line of BusinessExisting ClientsFreight Forwarders3PL OperatorsIndustry StatisticsPaper Invoices – 90-95% in Europe and AsiaAverage cost of processing paper B2B invoices – 11 USDDirect overcharges – 5 to 8% of all freight billsIncorrect ratings – 5 to 16% in overchargesInefficient processing impact receipt-to-pay cycle costs by 25%Cost increases due to:Bad cost centre/incorrect accounting codeInaccurate accrualsDuplicate paymentsRoot causesLack of data access & visibilityLack of rigorous process definitionPotential Tangible Savings of 2 – 7% of Total Freight Spend
- 4. Freight Payment and AuditGeneric Process
- 5. Freight Payment and AuditComplete Lifecycle Management of business processesIntegrated Business StrategyCross-departmental integration and seamless information flowUnify implementation of management controls and policy across enterpriseExpansion from siloed department-only processes to broader BPM for increased business valueRigorous Process Definition FrameworkFlexible and scalable with organizational growthReduced fire-fighting and process delaysIntegration across technologies and systemsMaximize cost efficienciesEmbed efficiencies in people-process-technology interactionsProcess Management Expertise
- 6. Freight Payment and AuditIncremental changes to an existing processProcess OptimizationsRegulatory changesPolicy changesBusiness expansion and scalingFramework encompasses Discover-Define-Design-Deliver philosophyEnsure multi-departmental buy-inProactive identification of scenarios & business issuesFocus on aligning solution to fit business needsPredefined and documented workflow for change approvalChange communication supportEnables rapid but robust response to change requests from CustomerChange Management Framework
- 7. Freight Payment and AuditImplementation Paradigm
- 8. Freight Payment and AuditCustom-built rich data-driven reportingReporting customized to client hierarchical levelsQuick turnaround time for implementation of new reportsDecision support and business intelligence analysisStakeholder visibility into processAuditorsSuppliersFreight companiesProcess AdministratorSenior ManagementProcess health monitoring and periodic reportingReporting Expertise
- 9. Freight Payment and AuditReporting Expertise - Sample
- 10. Freight Payment and AuditReporting Expertise - Sample
- 11. Freight Payment and AuditCustomized solution to fit client-specific needsTechnology agnostic approachAppropriate technology to fit desired processUtilization of cutting-edge technology platformsCloud databasesFramework driven developmentDistributed storage optionsRigorous Security protocolsCross-system complex integrationEDI capabilitiesAccounting System integrationBusiness Intelligence integrationDedicated technology improvement teamFocus on continuous technology upgradesQuick response to client process changesBespoke Technology Solutions
- 12. Freight Payment and AuditBespoke Technology Solutions – Web based platform
- 13. Freight Payment and AuditFlexible Deployment Options
- 14. Freight Payment and AuditHybrid Pricing modelMinor Fixed price componentMajor Transactional (per-invoice) componentMinimum invoice volume guarantees applicableFlexible Transactional (per-invoice) Pricing componentScalable with intermittent business spikes and general business growthIncremental pricing for incremental business growthLess overhead management costs for renegotiation of resourcesReduced per-invoice cost with increased volumesPricing model can be tuned to client organizationProcessing costs may be allocated to specific cost centers based on invoice detailsBilling support and analysis includedPer invoice rates are in sync with industry benchmarksCost-effective Pricing
- 15. Freight Payment and AuditDedicated and Trained StaffClient-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 solutionsTraining modules evolve with process changes Knowledge management techniques adoptedClassroom trainingNet link trainingComputer based self guided trainingDiscussion forumsWiki based collaborative knowledge captureProcess management systems to ensure homogenous process understanding and coordination
- 16. Freight Payment and AuditEmployee DemographicsAverage experience: 2.7 Years.Employee median age: 27 Years.
- 17. ContactDirector, OperationsSujeet Pillaisujeet.pillai@propeotech.comUS: +1 (281) 645 6499India Cell: +91 9890036805Business Development ExecutiveBhupendra Singh Rathorebhupendra.rathore@propeotech.comIndia Cell: +91 9730187307