Business Needs

  • Reconcile Product UOM in Supplier Invoices against Retailer Receiving
  • Manage data quality lapse in multi-billion dollar payment processing with multiple suppliers with their own invoicing systems, and paper or manual invoices.

Key Features

  • A unique Data Sciences based approach using K-Means Clustering around UOM Price Clusters at multiple hierarchy levels such as Retailer, Chain, Store level.
  • Match multiple product Unit of Measure(UoMs) types to Product UoMs received at Retailer’s Stores

Benefits

  • Innovation
    • Allowed iControl to better advertise its analytics and offerings around reconciliation
  • Speed to Value
    • Low Cost end to end solution developed to dramatically increased the invoice matches in less than 3 months
  • Reduced Total cost of Ownership
    • Zero additional resources to deploy & manage Elevondata Solution
    • Annual cost dramatically less than on premise infrastructure and existing platforms

Offering Categories

Services
- Managed Analytics Services (MAS)