The client had its business spread across multiple countries, and supplier’s data resided in various IT systems. They were dealing with a mesh of suppliers and struggled to get a consolidated view of its base and expenditures. Sancus was leveraged to cleanse the supplier data from various systems. Spend data was extracted from invoices using Intelligent Character Recognition technology and matched against cleansed supplier Master Data to provide spend/cost-saving insights to the procurement team, thereby discovering new saving opportunities.
Sancus was leveraged to consolidate Supplier data from Supplier Information Management and ERP systems, and then the problem was broken down to work towards providing actionable insights:
Reduced indirect spend by 9% in the first quarter