$1.7M annual savings using process mining to optimize Procure-to-Pay (P2P) processes for a chemical Fortune Global 500
This global company is one of the largest in the plastics, chemicals, and refining industries. It is publicly traded and features on the Fortune Global 500 list. The company has a presence in over 100 countries and multiple manufacturing sites across continents.
Our team helped a leading global manufacturer optimize their P2P processes by leveraging enterprise data and analytics. We performed process discovery, analytics, reengineering, and intelligent workflows to achieve a more intuitive and frictionless process. Additionally, we enabled a proactive measurement system for transparent result tracking.
Efficiency gain in purchase order processing
In annual cost savings
Reduction in rework
Reduction in profiling delays for cancellations
Improvement in invoice processing time