Problems
SNQS faced significant challenges in their manual PO processing, including a high error rate of 30%, operational delays averaging 3 days, frequent supplier disputes caused by errors, and limitations in handling increased order volume.
Challenge
SNQS faced several challenges in their manual PO processing, including a high error rate of 30%, operational delays averaging 3 days, frequent supplier disputes caused by errors, and limitations in handling increased order volume. These challenges hindered their overall efficiency and profitability.
AI Approach
Machine learning for automatic PO data capture and verification (80% reduction in manual intervention) Low-confidence detection and manual check toggles for data accuracy (reduced error rate from 25% to less than 5%)
AI-Built Features
PO Digitization: Automatic data capture, side-by-side verification, and error correction Dynamic Error Detection: Ensures only verified data moves forward for approval Task Automation: Real-time task board for order status and completion tracking (50% reduction in task completion time) Supplier Integration: Improved visibility into supplier commitments and delivery status (increased compliance rate to 98%)
Optimizing Operations, Maximizing Revenue at SNQS
Revenue Enhancement
Reduced processing time and minimized errors led to a 15% increase in order fulfillment rates for SNQS, generating an additional €6 million in annual revenue.
Operational Efficiency
Increased order volume by 25% without additional staff, Improved real-time tracking and collaboration between teams , Projected 30% market share increase due to operational agility
Cost Savings
60% reduction in manual processing costs (€1.2 million annual savings) 50% decrease in administrative overhead from supplier disputes (€500,000 annual savings)
Scalability
The solution is designed to handle increasing order volumes without bottlenecks, ensuring smooth operations and efficient resource allocation as the business grows.
Security and Measures
Robust Data Protection
We prioritize the security of your sensitive data with advanced encryption protocols and regular security audits.
Multi-Factor Authentication (MFA)
Enhance your account security with MFA, requiring additional verification steps beyond just a password for login.
Regular Security Updates
Our system is continuously updated with the latest security patches and best practices to protect against evolving threats.