End-to-end accounts payable

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Procure-to-Pay Practice Case Study End-to-end Accounts Payable services Customer The customer is one of the world's largest steel producers having presence in 14 countries with over 175,000 employees across 45 nationalities. ? Onsite-offshore model ? onsite mailroom Creation of Benefits ? 50% reduction in cycle time ? real time MIS Customized reporting Business Challenge The customer wanted to migrate endto-end Accounts Payable process for one of its major plants in the US from an existing vendor. ? for data entry and Workflow tool payment cycle processing ? Priority processing to avail early payment discounts ? reduction by 25% Vendor query ? created from Detailed SOP minimal documentation ? Accuracy of 99% Consistent achieved ? metrics developed to Performance give value customer sponsor visibility ? II certified process SAS 70 Type with consistent process accuracy of over 99% Mahindra Satyam’s Solution ?from incumbent vendor Transition with minimal documented processes ? Increased scope of work with no updated information ? Created Standard Operating Procedures for the entire process in close collaboration with the customer At Mahindra Satyam BPO’s P2P practice, we offer a broad range of services that are technology-agnostic and encompasses all categories of P2P functions. We provide our clients with an onsite-offshore structure that best encompasses a modular and scalable project model. Our P2P offerings include Purchasing, Invoice and Payment, Consulting and Insight, Sourcing and Contracts. For further information please write to Connect@mahindrasatyambpo.com and rfi@mahindrasatyam.net.

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