Case Studies

1Challenges in Procurement process and Cost Visibility

  1. Lack of standardisation and buying as per contracted rates across locations
  2. Maverick Spending with multiple vendors
  3. Long cycle times with no visibility in the complete requisition to order to payment process

Benefits
  • Item Standardisation across all locations
  • Empanelled category wise restricted Vendor list
  • Catalogue basis ordering, standard cost basis requisition approval process
  • Normalised Spend Analysis capabilities and standardised P2P execution process
Testimonial

BAZ is a unique tool which integrates the all the capabilities a CFO looks for. Right from Governance, Risk and compliance ( GRC) which is its soul , its equally helpful in cost management, cost visibility and bringing discipline in cost approval system and thus creating a SLA based organization.

Director Finance, Logistics Customer

Benefits
  • Supplier payments, cash discounts, credit days optimised resulting in savings and stronger relationships
  • System driven controls for branch expenditure and insignificant use of cash
  • High tax compliance (withholding and tax credits)
  • Greater efficiencies, reduced queries tighter AP controls
Testimonial

BAZ has helped us bridge one of the fundamental internal control requirements. For an industry which inherently deals with a large number of employees that too spread across the nation in as many branches, a system like BAZ is vital. We have now activated most of the control features. When rolling out the solution, managing the change was our key challenge hence we have kept on communicating and holding road shows to overcome this challenge. We have observed that our turnaround time has improved and the size of the accounts payable team has continually come down leading to significant benefits.

CFO, Insurance Customer

Benefits
  • With increasing employee headcount, the costs of AP increasing
  • Policy checks built into submissions and approvals – increased pass through processing
  • Lean Finance team, greater risk and fraud control and faster turnaround (from 14 days to 5 days)
Testimonial

BAZ mobile site called as "BAZ on the go" has been a good real value add for all approvers across our organization especially at the senior level. Empronc team did an excellent job to deliver it within the stipulated time frames.

Head Application Management, Banking Customer

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